Corizon delivers maiden resource at Yarraloola

ASX-listed junior Corizon Resources has declared a maiden mineral resource of 73.1-million tonnes, grading 53.9% iron at its Yarraloola project, in Western Australia. The resource estimate included an inferred resource of 20-million tonnes, grading 55.7% iron, which was open at the north, east and west in most areas. Corizon said on Tuesday that further drilling would be required to close the envelope.