CZN Price sensitive 19 May 2026, 11:10 AM

Two Pools drilling results

Corazon Mining Ltd

Corazon Mining Announces Successful Diamond Drilling Results at Two Pools

Key points

  • Gold mineralisation confirmed in all four diamond drill holes
  • Structural and lithological framework consistent with high-grade gold systems
  • Revised vein orientation informs follow-up drilling strategy
  • Substantial pegmatite dyke identified with potential for additional mineralisation
  • Exploration License E52/4521 granted for adjacent tenement

Full summary

Corazon Mining Limited has reported successful results from its maiden diamond drilling program at the Two Pools Gold Project in Western Australia. The program intersected gold mineralisation in all four holes, confirming the presence of a coherent orogenic gold structural architecture. The drilling has provided critical geological data to inform a refined set of high-priority targets for follow-up reverse circulation (RC) drilling. Notably, the program has revised the interpreted vein orientation to gold-bearing veins trending east-west, which will guide the placement of follow-up RC drill holes. Additionally, a substantial pegmatite dyke approximately 25-40m thick was intersected and remains open in all directions, potentially acting as a fluid-focusing structure with additional mineral potential beyond gold. The Company has also been granted Exploration Licence E52/4521, providing additional ground for systematic target generation and near-term drilling.

Guidance

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Outlook

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