Corazon Mining Limited (CZN) was formerly known as Xanadu Resources (XNU). The Group's principal activity is exploration of base metals. CZN has exploration projects in Western Australia and New South Wales. In Western Australia the Group's key project is Quartz Circle, which is situated in the eastern portion of the Pilbara Craton. Other projects in Western Australia include Walgidee Hills, Nookanbah and Napier Downs all within the Canning Basin, between the Pilbara and Kimberly regions in Western Australia. In New South Wales it has projects in two regions; the Gulf Creek project north of Tamworth in the New England Fold belt, and Yanco Glen, Wertago and Mount Dering to the north and northeast of Broken Hill.