Corazon Mining has identified a continuous gold anomaly stretching four kilometres along strike at its wholly owned Two Pools project in Western Australia, following a comprehensive technical review of historical data. The review compiled historical drilling, soil sampling, and rock chip data, revealing a larger gold footprint than previously recognised.
The standout area, Target Area 1, features a soil geochemistry anomaly extending 1.8 kilometres by 1.2 kilometres beyond known drilling. Historical holes in this zone returned shallow, high-grade intercepts including 14 metres at 2.64 grams per tonne gold from 14 metres depth, with a 6-metre section grading 5.52 g/t gold. Another hole returned 13 metres at 2.71 g/t gold from 13 metres, including 2 metres at 4.43 g/t gold.
Most historical drilling across the 4km trend did not extend below about 75 metres depth, leaving the system open at depth and along strike. Corazon believes this lack of deeper testing may have masked the true scale of the mineralised system.
Two Pools is located about 200 kilometres from Meekatharra in the Gascoyne mining district, 60 kilometres northeast of Catalyst Metals' Plutonic mill. Geologically, it sits within the Capricorn orogenic belt, in a setting analogous to the nearby Plutonic–Marymia gold camp, which has produced over 6 million ounces of gold since 1990.
Gold mineralisation at Two Pools occurs in quartz vein networks within mafic amphibolites and granodiorite, associated with sheared contacts, similar to Catalyst Metals' high-grade Trident deposit. Trident hosts a resource of 5.1 million tonnes grading 5.2 g/t gold for 811,000 ounces.
Corazon has appointed veteran geologist Sammy Bakie as exploration manager and is planning a maiden drill campaign in the first quarter of this year. The company also holds the Feather Cap project in WA and the Lynn Lake nickel-copper-cobalt project in Canada.
