Australian resource company Corazon Mining (ASX:CZN) reports it has discovered a lithium-bearing pegmatite within the Miriam Nickel Sulphide Project in Western Australia.
The company says initial site reconnaissance discovered ‘widespread’ indications of pegmatite throughout the project, including an outcrop hosting abundant ‘large’ spodumene crystals. The identification of spodumene has been verified using Raman Spectroscopy.
It also states the Miriam Project area is covered by extensive but thin alluvium and colluvium soils. The outcropping spodumene-bearing pegmatites exist within an old gold prospecting trench. The extent of this pegmatite is yet to be defined, and there is ‘abundant’ pegmatite float material throughout the project area.
The outcropping spodumene bearing pegmatites exist within an old gold prospecting trench
Corazon reports rock samples of spodumene-rich outcropping pegmatite were extracted from a historical prospecting trench. At surface, this pegmatite is weathered and the spodumene is described as greyish to green in colour, and partially replaced by albite and ultrafine muscovite.
In fresh pegmatite samples, the spodumene is unaltered, yellowish white in natural light and shows orange luminescence colour under long wavelength UV light. The company notes the spodumene crystals are generally 1.5cm to 3cm in width and up to 40cm in length in observed samples.
Corazon states samples of the mineralised pegmatite have been submitted for laboratory analysis.
The Miriam tenements are currently in application status and in the final stages of being granted. The company plans to commence targeted and systematic on-ground exploration once the tenure has been approved.
This work is planned to include exploration to confirm the extent of lithium mineralisation within the project area, in tandem with the ‘aggressive’ nickel sulphide exploration program previously proposed.
Corazon says the recently acquired Miriam Project is host to the underdeveloped Miriam nickel-sulphide deposit discovered in 1969, and it is located around 10km southwest of Coolgardie in Western Australia on an ultramafic trend which also hosts Auroch Minerals’ (ASX:AOU) Nepean Nickel deposit.
The project covers an area of around 6km by 1.5km and comprises 5 prospecting licence applications P15/6135 to P15/6139). The company has acquired the rights to 100% of the project with tenements currently in application status and in the process of being granted.
Corazon Mining is an Australian resource company with projects in Australia and Canada. In Australia, the company is exploring the Miriam Nickel Sulphide Project in Western Australia, and the Mt Gilmore Cobalt-Copper-Gold Sulphide Project in New South Wales.
In Canada, the company has consolidated the entire historical Lynn Lake Nickel-Copper-Cobalt Mining Centre in the Manitoba Province.
Images: Corazon Mining Ltd
