Corazon Mining (ASX:CZN) has announced high-grade lithium assay results from spodumene-bearing pegmatite within the Miriam Nickel Sulphide project in the eastern Goldfields of Western Australia.
Corazon Mining recently reported the discovery of spodumene (lithium mineral) bearing pegmatite along with widespread indicators of pegmatite in a field-mapping program, verified using Raman Spectroscopy.
It says laboratory analysis has confirmed the presence of lithium and validated the company's initial findings, including high grade values of between 1.01% and 1.85% Li2O.
Corazon Mining's share price is up 30% this afternoon.