Corazon Mining Heads Towards Drilling at Chalice Gold Project

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Corazon Mining Heads Towards Drilling at Chalice Gold Project StockBox spoke with Simon Coyle, Managing Director of Corazon Mining (ASX: CZN), about the company’s plans to expand and advance the recently acquired Chalice Gold Project in Western Australia. Chalice currently hosts a resource of approximately 191,000 ounces at 2.7g/t gold and has a substantial history of high-grade production. Simon explains how updated resource modelling, historic drilling and a planned phase-one drilling programme could unlock additional shallow and underground mineralisation. The interview also explores Chalice’s potential open-pit development pathway, approximately 1.2km of underexplored strike and the strategic benefits of Westgold Resources becoming a major shareholder. With Westgold’s Higginsville processing infrastructure located nearby, Corazon sees opportunities for future processing and operational synergies. Key discussion topics: • The 191koz Chalice Gold resource and its growth potential • Historic production of approximately 645koz at high grades • Re-optimising the resource using updated economic assumptions • Shallow open-pit targets south of the existing pit • Untested strike extensions to the north and south • Phase-one drilling objectives and historic-data validation • Potential synergies with Westgold and the Higginsville plant • The Two Pools and Feather Cap gold projects • Corazon’s strategy to become a Western Australian gold producer