Corazon Adds 3 New Concessions in Northern Nicaragua

By Midnight Trader,  April 13, 2012, 01:55:10 PM EDT

Corazon Gold Corp. (CGW.V) announced today that Nicaragua's Ministry of Energy and Mines and the Autonomous Region of the Northern Atlantic have granted Corazon 3 contiguous, 25-year exploration and exploitation concessions located along the Rio Coco River.

The 3 concessions, named Arcosa, Azul and Calcedonia, encompass 30,000 hectares of mineral rights and each concession is home to considerable small-scale placer and hard rock gold mining.

CGW was last traded yesterday at $0.215 a share.




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Commodities

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