Corazon Mining Hits Broad High-Grade Gold at Chalice

Corazon Mining (ASX: CZN)
Received the first assay results from its maiden RC drilling program at its Chalice Gold Project, in the Higginsville district of Western Australia’s Eastern Goldfields.
Both holes intersected broad zones of gold mineralisation, including a high-grade interval of 4 m @ 9.93 g/t Au from 207 m downhole in 26CRC002.

 

 

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Corazon Mining

 

 

 

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Corazon Mining ASX: CZN
Stage Exploration / Development
Metals Gold, battery metals
Market cap A$27 million @ A$0.11c
Location Western Australia
Website www.corazon.com.au

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Corazon Mining’s  First Assays Hit Broad, High-Grade Gold at Chalice

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Corazon Mining Limited (ASX: CZN) (“Corazon” or the “Company”) has received first assay results from its maiden Reverse Circulation (RC) drilling program at the 100%-owned Chalice Gold Project, in the Higginsville district of Western Australia’s Eastern Goldfields.
Both holes intersected broad zones of gold mineralisation, including a high-grade interval of 4 m @ 9.93 g/t Au from 207 m downhole in 26CRC002.

The two holes were drilled from the southern edge of the historical open pit and are the most northerly in the 50-hole, 7,500 m program. They provide an encouraging first result for the resource growth program at Chalice, Corazon’s flagship development asset.

The remainder of the program steps out progressively to the south and up-plunge, following the known strike of the mineralisation. These holes target near-surface extensions immediately south of the current JORC (2012) Mineral Resource Estimate of 2.18 Mt at 2.74 g/t Au for 191,000 oz Au.
Positive results may support an evaluation of a potential southern extension to the existing open pit.


Highlights

•First assay resultsfrom Corazon’s maiden RC drilling program at the 100%-ownedChalice Gold Project return broad zones of gold mineralisation, including a high-grade interval.
•Both holes intersected gold mineralisation with standout intercepts including:
o4 m @ 9.93 g/t Aufrom 207 m (26CRC002)
o27 m @ 1.26 g/t Aufrom 180 m (26CRC001)
▪incl.12 m @ 1.43 g/t Au from 180 m
▪and 7 m @ 1.42 g/t Au from 200 m

•Downhole widths of 22 m and 27 min the two holes provide an encouraging early indication of continuity immediately south of the historical Chalice open pit.
•Intercepts sitapprox. 125-175 m below surface and approx. 100 m below the base of the historical open pit.
•These are the most northerly holes in the program, collared at the southern edge of the open pit. Drilling is nowstepping out progressively south and up-plunge of known mineralisation.
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Corazon Mining Ltd Managing Director, Simon Coyle, commented:


“This is an encouraging start at Chalice. Both of our first two holes intersected broad zones of gold mineralisation, and 26CRC002 returned a high-grade interval of 4 m at 9.93 g/t gold, exactly the kind of result we want to see as we begin testing beyond the limits of the historical pit.
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“Importantly, these are the most northerly holes in the program, drilled from the edge of the pit. From here the rigs step out progressively to the south, up-plunge along strike, testing near-surface extensions where we see the most capital and time-efficient pathway to growing the resource.
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“Deeper targets, including the down-dip extension of the underground resource and potential parallel lodes, are lined up for future phases.
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“With the bulk of the assays still to come and a second rig arriving on site this week, we are only at the beginning.
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“We look forward to keeping shareholders informed as assays are received through to the program’s completion in November.”
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To view Corazon Mining’s latest share price and chart, please click HERE

.To View Corazon Mining’s historical news, please click here.

The live gold price can be found HERE

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City Investors Circle is based in the financial district in the City of London

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

.

=======

,

This website is not sponsored, we are truly independent, and will always remain so

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

.

Disclosure

At the time of writing the author holds shares in Corazon Mining.

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Corazon Moves to 80% Ownership of Feather Cap

Corazon Mining (ASX: CZN)
Announced that its wholly owned subsidiary, Fast Greens Pty, has exercised its option to acquire an 80% interest in the Feather Cap Gold Project from RBH Mining Pty Ltd.

The exercise converts Corazon’s October 2025 option into a controlling, long-term interest, securing the Company’s position at Feather Cap alongside the Chalice and Two Pools Gold Projects in its Western Australian.

 

 

 

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Corazon Mining

 

 

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Corazon Mining ASX: CZN
Stage Exploration / Development
Metals Gold, battery metals
Market cap A$27 million @ A$0.11c
Location Western Australia
Website www.corazon.com.au

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Corazon Moves to 80% Ownership of Feather Cap After High-Grade Wembley Drilling

Corazon Mining Limited (ASX: CZN) (“Corazon” or the “Company”) is pleased to announce that its wholly owned subsidiary, Fast Greens Pty Ltd (Fast Greens), has exercised its option to acquire an 80% interest in the Feather Cap Gold Project (Feather Cap or the Project) from RBH Mining Pty Ltd (RBH).

The exercise converts Corazon’s October 2025 option into a controlling, long-term interest, securing the Company’s position at Feather Cap alongside the Chalice and Two Pools Gold Projects in its Western Australian.
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Highlights

•Corazon has exercised its exclusive option to acquire an 80%interest in the Feather Cap Gold Project, converting its option into a controlling, long-term interest.
•The decision follows maiden RC drilling at the Wembley prospect, which confirmed and extended shallow, high-grade gold along the historic Wembley Line, with standout intercepts including1:
o4 m @ 10.60 g/t Au from 66 m (26FRC010);
o4 m @ 9.20 g/t Au from 65 m (26FRC004);
o2 m @ 5.70 g/t Au from 64 m (26FRC003), and2 m @ 1.46 g/t Au from 79 m;
o4 m @ 2.84 g/t Au from 68 m (26FRC002)
•The best intercept (26FRC010) sits approximately 60m east of historic drilling, and the mineralised structure remains open at depth, pointing to scale beyond the historic footprint.
•Historical drilling at Wembley returned7m @ 6.21 g/t Au from 6m (WLRD10), while historical drilling at Jigsaw/Durack East, along strike from Great Boulder Resources’ Durack deposit,returned 20m @ 3.01 g/t Au from 40m (JR60).
•Feather Cap complements the resource-stage Chalice Gold Project (191,000oz JORC MRE) and the district-scale Two Pools discovery opportunity,giving Corazon multiple, independent drilling catalysts across three established WA gold provinces.
•Stagedconsiderationandaclearpathwayto100%with$600,000 payable on joint venture commencement and $1 million deferred for up to four years, with RBH’s 20% interest converting toa 3.5% net smelter royalty at final investment decision.
•Follow-up drilling at Wembley is being designed to test strike and depth extensions,with the objective of supporting an initial Exploration Target and a potential maiden MRE.
The option was granted under a binding Heads of Agreement (HoA) signed in October
2025. Fast Greens delivered its Option Exercise Notice to RBH on 6 October 2026.

The decision follows Corazon’s maiden 20-hole, 1,936 m reverse circulation (RC) program at Wembley, completed in August 2026. The program confirmed shallow, high-grade gold along the historic Wembley Line and extended it along strike to the east.
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Corazon Mining Limited Managing Director, Simon Coyle, commented:


“Exercising the Feather Cap option was a clear decision on the back of our Wembley results. Our first drilling program repeated the high-grade, historical intercepts, extended them along strike, and showed the Wembley Line to be a coherent, structurally controlled gold system that remains open at depth.
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“Intercepts of 4 m at 10.6 g/t and 4 m at 9.2 g/t gold from a first pass are exactly what we set out to find. Moving to 80% of Feather Cap gives Corazon control of a 154 km² land position, including a granted Mining Lease, in a proven district next to existing infrastructure.
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“With Chalice providing a resource base to grow, Two Pools offering district-scale discovery potential and Feather Cap delivering shallow, high-grade targets, Corazon now has three distinct pathways to value in Western Australia. We look forward to returning to Wembley with follow-up drilling.”
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To view Corazon Mining’s latest share price and chart, please click HERE

.To View Corazon Mining’s historical news, please click here.

The live gold price can be found HERE

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=======

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City Investors Circle is based in the financial district in the City of London

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

.

=======

,

This website is not sponsored, we are truly independent, and will always remain so

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

.

Disclosure

At the time of writing the author holds shares in Corazon Mining.

.


Market Review September 2026

Market Review September 2026

The highlighted company is Corazon Mining.

Cabral Gold confirmed it has become Brazil’s newest gold producer.

 

 

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City Investors Circle

 

 

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City Investors Circle Market Review for September 2026 has been published.

 

The highlighted company is Corazon Mining (ASX: CZN).

The main news is the commencement of gold mining by Cabral Gold (TSX.V: CBR), becoming Brazil’s newest gold producer.

 

Minerals 260 announced a further investment of $200 million by Franco Nevada into its Bullabulling gold project in Western Australia.

 

Other significant news in the Review included,

Altair Minerals, Barton Gold, Catalyst Metals, and G Mining Ventures all announced positive news.

 

To read the September 2026 Market Review, please click HERE.

 

To receive future issues of the Market Review and invitations to our free to attend mining presentations, please email andrew@city-investors-circle.com

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Archive of September’s news releases is listed below, click the relevant link to be taken to the full story.

 West Red Lake Gold Reports 176.04 g/t Au over 5.3m

  Mining Review 27th September 2026

  Capricorn Metals’ Karlawinda Expansion Project Completed on Schedule

  New Murchison Gold 2026 Highlights

  AIC Mines Announce a Transformational Copper Project Acquisition

  Equinox Looking at Liberty Gold?

  Catalyst Metals grows Cinnamon Resource By 370%

  Altair Secures Critical Expansion to SOKO

  Mining Review 20th September 2026

  Wesdome Intersects 3.1 g/t Gold over 106.5 m at Kiena

  Barton Gold Tunkillia assays confirm new high-grade mineralised zone

  Copper Giant Identifies13 Targets Beyond the Mocoa Resource

  G Mining Ventures Extends High-Grade Mineralization at Gurupi

  Catalyst Metals Grows Trident Resource by 30%

  Minerals 260 Agree Additional $200 million funding with Franco-Nevada

  Mining Review 13th September 2026

  Wesdome Intersects 7.8 g/t Gold over 57.2 Metres at Kiena Deep

  Cabral Gold becomes Brazil’s Newest Gold Producer

  Ora Banda Commences Mining at Waihi

  Corazon Confirms Extended High-Grade Wembley Gold System

  Errington Metals Expands Depth Potential at the Errington Zone

  Westgold delivers $122M in FY26 Shareholder Capital Returns

  Mining Review 6th September 2026

  Catalyst Metals Successful infill drilling at Cinnamon

  Barton Gold Tunkillia drilling confirms new high-grade mineralisation

  Corazon Defines Chalice Exploration Target’s Growth Potential

  Omai Gold Drills 5.12 g/t Au over 40.5m at Wenot

  Market Review for August 2026 published

 

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City Investors Circle is based in the financial district in the City of London

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

.

=======

,

This website is not sponsored, we are truly independent, and will always remain so.

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

.

Disclosure

At the time of writing the author may hold shares in some or all of the companies mentioned

.

To read our full terms and conditions, please click HERE



Corazon Confirms Extended High-Grade Wembley Gold System

Corazon Mining (ASX: CZN)
Reported assay results from its maiden reverse circulation drilling program at the Wembley gold prospect, part of the Company’s Feather Cap Gold Project in Western Australia.

The 2,000 m, 20-hole RC program was completed on schedule in August 2026, testing beneath and along strike from the historic Wembley Line workings.

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Corazon Mining ASX: CZN
Stage Exploration / Development
Metals Gold, battery metals
Market cap A$27 million @ A$0.11c
Location Western Australia
Website www.corazon.com.au

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Corazon Confirms High-Grade Wembley Gold System, Extends Mineralisation Along Strike

 

 

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Corazon Mining Limited (ASX: CZN)(“Corazon” or the “Company”) is pleased to report assay results from its maiden reverse circulation (RC) drilling program at the Wembley gold prospect, part of the Company’s Feather Cap Gold Project in Western Australia.

The 2,000 m, 20-hole RC program was completed on schedule in August 2026, testing beneath and along strike from the historic Wembley Line workings as well as the interpreted regional Wembley structure.
Results confirm shallow, high-grade gold mineralisation along the Wembley Line and mark the first modern, systematic drilling at the prospect, establishing a technical foundation for further extension and resource-focused drilling.
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Highlights

•Maiden reverse circulation (RC) drilling has validated and extendedthe high-grade Wembley Line of workings at the Wembley gold prospect.
•Standout intercepts include:
o4 m @ 10.60 g/t Aufrom 66 m (26FRC010);
o4 m @ 9.20 g/t Aufrom 65 m (26FRC004);

•The best intercept (26FRC010) sits approximately 60m east of historic drilling, and the mineralised structure remains open at depth, pointing to scale beyond the historic footprint.
•Anomalous gold has been intersected along a second, previously untested offsetfrom the Wembley Line, opening a further target within the same area.
•Results provide the first modern, systematic dataset supporting follow-up drillingtoward an initial Exploration Target and a potential maiden Mineral Resource Estimate at Wembley.
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Corazon Mining Limited Managing Director, Simon Coyle, commented:


“These are outstanding first results from our maiden drilling program at Wembley.
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“Not only have we reproduced the shallow, high-grade gold mineralisation seen in the historical drilling, we have extended it along strike and demonstrated that the Wembley Line is a coherent, structurally controlled gold system.
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“Intercepts of 4 m at 10.6 g/t, 4 m at 9.2 g/t and 2 m at 5.7 g/t are exactly the type of results we set out to find. They give us confidence that the Wembley system has meaningful scale and that further drilling can grow it materially.
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“These are extremely positive results for growth and further underpin the potential for a maiden Mineral Resource Estimate at Wembley in due course.”
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To view Corazon Mining’s latest share price and chart, please click HERE

.To View Corazon Mining’s historical news, please click here.

The live gold price can be found HERE

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=======

.

City Investors Circle is based in the financial district in the City of London

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

.

=======

,

This website is not sponsored, we are truly independent, and will always remain so

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

.

Disclosure

At the time of writing the author holds shares in Corazon Mining.

.


Corazon Defines Chalice Exploration Target’s Growth Potential

Corazon Mining (ASX: CZN)

Announced a maiden Exploration Target of 9.7 – 12.3Mt at 1.9 – 2.1 g/t Au (approximately 600,000 – 830,000oz contained gold) at its 100%-owned Chalice Gold Project near Higginsville, Western Australia.

 

 

 

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Corazon Mining ASX: CZN
Stage Exploration / Development
Metals Gold, battery metals
Market cap A$27 million @ A$0.11c
Location Western Australia
Website www.corazon.com.au

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Corazon Defines Chalice Exploration Target, Confirms Significant Resource Growth Potential

HIGHLIGHTS
  • Maiden Exploration Target defined at the Chalice Gold Project which shows the potential to significantly increase the existing Mineral Resource Estimate on completion of further drilling
  • Target is inclusive of the existing 191,000oz Mineral Resource, indicating substantial conceptual mineralisation beyond the current Mineral Resource Estimate.
  • Underpinned by ~370 historical drillholes plus extensive underground face and sludge sampling, defining a mineralised system extending 1.7km along strike and 700m vertically.
  • Target captures near-surface mineralisation for the first time, extending beyond the underground-only basis of the current Resource.
  • Drill planning is underway, with expectations of drilling to commence in the coming weeks, with an initial 7,500m RC program to test the geological and grade continuity assumptions.
  • The Exploration Target confirms the scale of the Chalice opportunity and supports the Company’s transition from early-stage explorer to potential WA gold developer.

Figure 1. Plan view mineralisation and the southern strike extension of the Exploration Target at Chalice Gold Project
Go to announcement

Corazon Mining Limited (ASX: CZN) (“Corazon” or the “Company”) is pleased to announce a maiden Exploration Target of 9.7 – 12.3Mt at 1.9 – 2.1 g/t Au (approximately 600,000 – 830,000oz contained gold) at its 100%-owned Chalice Gold Project near Higginsville, Western Australia.

The potential quantity and grade of the Exploration Target is conceptual in nature. There has been insufficient exploration to estimate a Mineral Resource for the additional mineralisation included in the Exploration Target, and it is uncertain if further exploration will result in the estimate of a Mineral Resource.

Corazon Mining Ltd Managing Director, Simon Coyle, commented:

“This Exploration Target confirms what our technical team has suspected since we first reviewed the Chalice database — this is a considerably larger system than the resource we acquired.

 

“Decades of drilling and underground sampling point clearly to mineralisation extending well beyond the current Resource — both near-surface and at depth.

 

“There is real work still to do before any of that potential can be converted to a Mineral Resource, and we intend to get on with the drilling required to confirm it.

 

“There is genuine potential for a substantial high-grade open pit cutback at Chalice — an outcome that, if confirmed through further drilling, could underpin a low-cost mining operation and meaningful cashflow contribution as we work toward advancing Chalice into a development-ready open pit gold mine.”

 

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To view Corazon Mining’s latest share price and chart, please click HERE

.To View Corazon Mining’s historical news, please click here.

The live gold price can be found HERE

.

=======

.

City Investors Circle is based in the financial district in the City of London

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

.

=======

,

This website is not sponsored, we are truly independent, and will always remain so

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

.

Disclosure

At the time of writing the author holds shares in Corazon Mining.

.


Initiating Coverage of Corazon Mining

Corazon Mining (ASX: CZN)

Initiating coverage of this small cap company, listed on the ASX.

The company recently pivoted to precious metal exploration by purchasing the Chalice Gold Project from Westgold.

 

 

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Corazon Mining ASX: CZN
Stage Exploration / Development
Metals Gold, battery metals
Market cap A$27 million @ A$0.11c
Location Western Australia
Website www.corazon.com.au

 

Corazon Mining (ASX: CZN)

Initiating coverage of this small cap company, listed on the ASX.

The company recently pivoted to precious metal exploration by purchasing the Chalice Gold Project from Westgold.

The project has a 191,000 JORC resource.

Project vendor Westgold holds a 19.9% stake in Corazon.

Westgold’s strategic partnership will allow Corazon to commence early gold production via a toll milling agreement between the two companies, avoiding capex. This ishortens the timeline to cashflow.

 

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+++++++

.

To view Corazon Mining’s latest share price and chart, please click HERE

.To View Corazon Mining’s historical news, please click here.

The live gold price can be found HERE

.

=======

.

City Investors Circle is based in the financial district in the City of London

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

.

=======

,

This website is not sponsored, we are truly independent, and will always remain so

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

.

Disclosure

At the time of writing the author holds shares in Corazon Mining.

.

To read our full terms and conditions, please click HERE