Corazon’s Two Pools Gold Discovery Raises Questions on Untapped Depth Potential

Corazon Mining has identified a continuous 4-kilometre gold anomaly at its Two Pools Gold Project in Western Australia, revealing significant high-grade shallow intercepts and setting the stage for a maiden drilling campaign in early 2026.

  • Continuous 4km gold trend defined through historical data integration
  • High-grade shallow gold intercepts including previously unreported results
  • Large underexplored soil anomaly area of 1.8km by 1.2km at Target Area 1
  • Maiden drilling campaign planned for Q1 2026 with contractor engagement underway
  • Appointment of experienced geologist Sammy Bakie as Exploration Manager
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A Significant Gold Footprint Emerges

Corazon Mining Ltd (ASX – CZN) has revealed a major breakthrough at its Two Pools Gold Project in Western Australia, with a comprehensive review of historical drilling and surface geochemistry defining a continuous 4-kilometre gold anomaly. This discovery highlights a substantial mineralised footprint within a previously overlooked greenstone belt in the Eastern Gascoyne region.

The integration of decades-old drilling data with modern soil sampling has uncovered high-grade gold intercepts close to surface, including standout results such as 14 metres at 2.64 grams per tonne gold and 25 metres at 1.29 grams per tonne. Notably, several significant intercepts had not been reported to the market before, underscoring the untapped potential of the area.

Target Area 1 – A Large, Underexplored Zone

Within the broader anomaly, Target Area 1 stands out as a priority focus. Soil geochemistry outlines a 1.8 by 1.2-kilometre zone that remains largely untested by modern drilling techniques. Historical drill holes here have returned impressive grades, including intercepts exceeding 8 grams per tonne over multiple metres and some intervals with grades above 30 grams per tonne.

Importantly, most historical drilling has only tested down to about 75 metres depth, leaving the system open for potential extensions both at depth and along strike. This suggests that the mineralisation could be more extensive than currently understood.

Advancing Towards Maiden Drilling

Corazon is moving swiftly to capitalise on these findings, with drill planning and contractor engagement well advanced for a maiden drilling campaign scheduled for the first quarter of 2026. The company’s Managing Director, Simon Coyle, emphasised the significance of the review and the excitement around the upcoming drilling phase.

To lead this critical next stage, Corazon has appointed Sammy Bakie as Exploration Manager. Bakie brings extensive experience in gold exploration within the region, having worked with notable companies such as Doray Minerals and AngloGold Ashanti. His regional expertise is expected to be instrumental in unlocking the project’s full potential.

Context Within a Proven Gold Province

The Two Pools Project is situated within the Plutonic-Marymia Greenstone Belt, a well-known gold-producing region. Corazon’s discovery adds a compelling chapter to this district’s exploration story, particularly given the scale and quality of the gold anomaly identified. The company also holds the Feather Cap Gold Project nearby, further strengthening its Western Australian gold portfolio.

While the historical data provides a strong foundation, Corazon acknowledges that further drilling and exploration are needed to confirm the extent and economic viability of the mineralisation. The company is also mindful of regulatory and heritage approvals required before drilling can commence.

Bottom Line?

With a large, high-grade gold anomaly now defined, Corazon’s upcoming drilling campaign will be closely watched as it could unlock significant value in a proven gold belt.

Questions in the middle?

  • Will the maiden drilling confirm the continuity and depth extensions of the gold mineralisation?
  • How will the appointment of Sammy Bakie influence the exploration strategy and pace?
  • What are the timelines and risks associated with obtaining necessary heritage and environmental approvals?