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CORAZON MINING LIMITED — Capital/Financing Update 2013
Apr 3, 2013
64747_rns_2013-04-03_bf37329c-5f33-47c9-be38-89a59c7e8667.pdf
Capital/Financing Update
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ASX ANNOUNCEMENT 4 April 2013
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The Manager - Company’s Announcements Australian Securities Exchange
Corazon Mining Ltd ASX: CZN
Mining Entry Permit Granted – Paves Way for Drilling at the Top Up Rise Project
Capital Structure
- Mining Entry Permit received for the Top Up Rise Project
M.Cap @ 4.0cps $11.6 M Ordinary Shares 290 M Options 81.5 M
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Granting of the Permit is a pre-requisite for drilling to commence at Top Up Rise
-
Fully funded drill program on track to commence next month
Board of Directors
Clive Jones Non-Executive Chairman
Corazon Mining Limited (ASX: CZN) (“Corazon” or “the Company”) is pleased to advise it has received the Ministerial Entry Permit (“Permit”) for the Top Up Rise (“TUR”) lease E80/4427 in Western Australia.
The Permit is a pre-requisite for access and drilling to commence at the TUR Project and follows the signing of a Mining Exploration Access Agreement with the Traditional Owners of the land on 20 November 2012.
Brett Smith Managing Director
Jonathan Downes Non-Executive Director
Adrian Byass Non-Executive Director
Rob Orr Company Secretary
Corazon is currently conducting a detailed ground gravity survey which will be used to assist in defining drill targets at the Project. The gravity survey is progressing well and is expected to be completed by mid-April 2013.
A drill rig has been secured for the proposed drilling. Work programs and approval processes remain on track to commence drilling in May 2013.
Contact Us
Email: [email protected]
ENDS
Brett Smith Managing Director Ph: +61 (8) 6142 6366
For further information visit www.corazon.com.au or contact:
Brett Smith Managing Director Corazon Mining Limited P: +61 (8) 6461 6350
James Moses Media and Investor Relations Mandate Corporate M: +61 420 991 574
James Moses Media & Investor Relations Ph: +61 420 991 574
Level 1, 350 Hay Street, Subiaco, WA 6008 | PO BOX 8187, Subiaco East, WA 6008 | [email protected] | www.corazon.com.au