Corazon Mining Limited has intersected shallow, high-grade gold mineralisation in its maiden reverse circulation drilling program at the Wembley gold prospect, returning standout assays including 4 metres at 10.60 g/t gold from 66 metres in hole 26FRC010.

The 2,000-metre, 20-hole program was completed on schedule in August 2026 across the Feather Cap project in Western Australia to test beneath and along strike from historic workings.

Additional standout intercepts from the primary mineralised zone at approximately 55 metres vertical depth include 4 metres at 9.20 g/t gold from 65 metres in hole 26FRC004, 2 metres at 5.70 g/t gold from 64 metres in hole 26FRC003, and 4 metres at 2.84 g/t gold from 68 metres in hole 26FRC002.

The highest-grade intercept in hole 26FRC010 sits approximately 60 metres east of historic drilling, and the mineralised structure remains open at depth. Anomalous gold was also intersected along a second, previously untested offset from the Wembley Line.

Corazon secured an exclusive 12-month option to acquire an 80% interest in the 154-square-kilometre Feather Cap project in October 2025.

Corazon Managing Director Simon Coyle commented:

“These are outstanding first results from our maiden drilling program at Wembley. 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.”

The company plans to design a follow-up drilling program to test the strike and depth extensions of the confirmed Wembley Line mineralisation, with the objective of supporting an initial Exploration Target and a potential maiden Mineral Resource Estimate.

Read the full announcement: High Grade Au in Feather Cap Drilling