Corazon Mining Limited announced additional assay results from its latest phase of drilling at its 100% owned Lynn Lake Nickel-Copper-Cobalt Sulphide Project (Lynn Lake or Project) in Manitoba, Canada. Assay results have now been returned for all priority samples from the Company's drilling program completed in December 2019. Multiple zones of broad, near-surface high-grade mineralization were intersected in areas surrounding previously mined deposits within the Lynn Lake Mining Centre (Mining Centre), significantly increasing the potential to expand the Project's already substantial existing resource base. Drilling targeted two historical deposits - the A Orebody and E Orebody ­ with seven holes for approximately 1,122 metres of diamond core drilling completed. Both the A Orebody and E Orebody areas have potential extensions to known mineralisation that have not been historically tested with drilling. These areas provide significant resource expansion potential and will be the subject of ongoing targeted exploration and drilling. Additionally, there are multiple other areas within the Mining Centre, also yet to be drill tested, that may also have the potential for near surface mineralisation surrounding historical underground mining operations. The Company's recent exploration at Lynn Lake focused on defining additional areas of mineralisation with the potential to add to the Project's significant existing resource base. Priority targets for the drilling program at Lynn Lake included: near-surface mineralisation; areas on-trend from historical mines; and areas adjacent to existing resources. Corazon's recent mining studies at Lynn Lake predominantly centred on nickel deposits at depths of more than 400 metres below surface. This work has highlighted the potential to define additional resources closer to the surface and adjacent to Lynn Lake's historically mined areas. The initial testing of these areas was the focus for the recent drilling program. A total of seven holes were completed for approximately 1,122 metres of diamond core drilling, mainly targeting the A Orebody and E Orebody areas. Several other near surface deposits within the large Mining Centre are yet to be considered for drill testing. The Lynn Lake style of mineralisation is typical of mafic/ultramafic intrusive (igneous) magmatic sulphide systems, hosting sulphides varying in concentrations from massive to weakly disseminated, commonly decreasing in content away from the intrusive centre or structural control. This latest phase of drilling tested near surface expressions of mined areas that operated continuously for 24 years at an average grade of 1.02% nickel and 0.54% copper. Highlight Results: "A Orebody" 37.8 metres @ 1.68%Ni, 0.67%Cu, 0.050%Co from 10 metres; including 22.6 metres @ 2.30%Ni, 0.82%Cu, 0.068%Co from 24.4 metres "E Orebody" 4.5 metres @ 1.17%Ni, 0.22%Cu, 0.029%Co from 25 metres and 4.1 metres @ 2.09%Ni, 0.57%Cu, 0.073%Co from 26.9 metres. Holes LL2019-01, LL2019-02 and LL2019-03 tested areas around the A Orebody, historically covered with infrastructure from the "A-Shaft" and processing plant area within the Lynn Lake Mining Centre. The A Orebody was mined underground between 1953 and 1965, producing 4.8 million tonnes at 1.07% nickel and 0.55% copper (cobalt not reported). While the massive suphide crown-pillar was mined to surface, it was expected that good mineralisation existed where historical infrastructure restricted surface mining. The A Orebody is described as sulphide lenses within a subcircular, subvertical, mafic to ultramafic igneous intrusive pipe. The area being targeted with drilling at the A Orebody is approximately 80 metres by 220 metres, surrounding previously mined high-grade massive sulphide (stoped to surface and backfilled). The mined massive sulphide mineralisation at the A Orebody is described as "pipe- like" with dimensions of approximately 40 metres by 120 metres. Hole LL2019-02 intersected a high-grade interval of 22.6 metres @ 2.30%Ni, 0.82%Cu, 0.07%Co. This interval was within a broader zone of mineralisation including 37.8 metres @ 1.68%Ni, 0.67%Cu, 0.05%Co, from just 10 metres down hole. The area being tested is open to the south towards where the A Shaft and the "Discovery Outcrop" (outcropping nickel and copper sulphide mineralisation) is situated. Hole LL2019-01 returned good marginal-grade material with 7 metres @ 0.62%Ni, 0.37%Cu, 0.02%Co, west of the main zone being targeted by LL2019-02. This hole was terminated on hitting the backfilled crown-pillar stope at 34.1 metres. Hole LL2019-03 intersected good zones of marginal-grade material to the north of the crown-pillar stope, including three zones with intervals of four to nine metres downhole and grades of between 0.50% and 0.65% nickel. Mineralisation is this area is expected to be patchy in character, with grades increasing closer to the stopped area.