First High-Grade Assay Results from Pontax
Filed with ASX · · 10 pages · English
Summary by 6ix AI
Cygnus Metals Limited has announced strong assay results from its Pontax Lithium Project in Québec, Canada, highlighting significant mineralised zones from the first two drill holes. The results include high-grade lithium intersections, with the depth of known mineralisation now doubled to a substantial depth. The ongoing drilling program aims to systematically explore the area and establish an inaugural mineral resource by mid-year. Cygnus is ramping up its drilling efforts with multiple rigs to enhance exploration and resource definition.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
In the deck
Story so far
Earlier from Cygnus Metals
- Quarterly Activities Report
- Appendix 5B Quarterly Cash Flow Report
- Rock chips expand known lithium mineralisation at Pontax
- Cygnus to raise $8m for substantial and rapid drill program
- Drilling doubles depth of known mineralisation to 230m
Later from Cygnus Metals
- Cygnus acquires ground next to the Pontax Lithium Project
- Cygnus to acquire second advanced lithium project in Quebec
- More high grade results extend known mineralisation
- New James Bay Lithium Projects Acquired
- Auclair sale completed and Osisko becomes shareholder
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