VTEM Survey Reveals 14km of Prospective Stratigraphy at MacBride Project
Corazon Mining has completed a comprehensive VTEM™ geophysical survey over its MacBride Base and Precious Metals Project in Canada, revealing multiple conductive anomalies that could signal new massive sulphide deposits. The company is now prioritising drill targets with plans to commence drilling in late Q1 2025.
- Completion of detailed aerial VTEM™ Plus geophysical survey covering ~14km strike
- Identification of multiple high-conductivity anomalies including known MacBride and Wellmet deposits
- New conductive bodies discovered within recently acquired tenure
- Drilling planned for late Q1 2025 to test priority targets
- Survey data integrated with 2008 VTEM results to refine exploration focus
Survey Completion and Coverage
Corazon Mining Limited (ASX: CZN) has announced the successful completion of an extensive aerial VTEM™ Plus geophysical survey at its MacBride Base and Precious Metals Project, located in the Lynn Lake district of Manitoba, Canada. This latest survey, comprising 490 line-kilometres of electromagnetic and magnetic data, has been merged with a previous VTEM survey from 2008, providing comprehensive coverage over approximately 14 kilometres of prospective stratigraphy.
Multiple Conductive Anomalies Identified
The preliminary data analysis has revealed numerous geophysical conductive bodies, including strong anomalies coincident with the drill-defined MacBride and Wellmet massive sulphide deposits. Notably, the survey has also identified several new high-conductivity zones within additional tenure secured late last year, expanding the project’s exploration footprint.
The Mac-West area emerged as a highlight, featuring two strong conductive bodies over a 1.2-kilometre strike length, with indications of significant depth and strike continuity. These anomalies lie within the correct stratigraphic context for volcanogenic massive sulphide (VMS) deposits, which historically have been prolific sources of zinc, copper, gold, and silver in the region.
Strategic Integration and Next Steps
Corazon is leveraging the enhanced resolution and depth penetration of the VTEM™ Plus system to refine and prioritise drill targets. The integration of the 2025 survey data with the 2008 VTEM results allows for a robust geological framework to guide upcoming exploration activities. Drilling is scheduled to commence in late Q1 2025, aiming to test the highest priority conductors identified through this geophysical work.
The MacBride Project itself is situated in a historically significant mining district with a legacy of VMS and magmatic nickel-copper-cobalt sulphide deposits. The project hosts the MacBride and Wellmet deposits, both of which have demonstrated high-grade zinc-copper-gold-silver mineralisation in past drilling campaigns. Corazon’s recent acquisition and tenure expansion underscore its commitment to advancing exploration in this prolific belt.
Technical Excellence and Expert Oversight
The VTEM™ Plus survey was conducted by Geotech Ltd, a global leader in airborne electromagnetic systems, and processed by Canadian geophysical consultant Martin St-Pierre. The survey employed state-of-the-art equipment, including a high dipole moment transmitter and cesium magnetometers, enabling exceptional resolution of conductive bodies at depth.
Corazon has also engaged Canadian geologist Dr Larry Hulbert, an expert in magmatic Ni-Cu-PGE and VMS deposits with over 40 years of experience in the Lynn Lake district, to provide technical guidance. This expert involvement adds confidence to the interpretation of the geophysical anomalies and the prioritisation of drill targets.
Outlook and Market Implications
With drilling planned imminently, Corazon is poised to test the potential of multiple new massive sulphide targets that could significantly enhance the project’s resource base. The combination of modern geophysical techniques, historical data integration, and expert geological input positions the company well to unlock value in this underexplored Canadian district.
Bottom Line?
As Corazon prepares to drill its highest priority targets, the market will be watching closely for confirmation of these promising geophysical anomalies.
Questions in the middle?
- Will the upcoming drilling confirm the presence of new massive sulphide deposits at MacBride?
- How might the newly identified anomalies impact Corazon’s resource estimates and project valuation?
- What are the potential timelines and capital requirements for advancing discoveries towards development?
