Rock chips expand known lithium mineralisation at Pontax
Filed with ASX · · 15 pages · English
Summary by 6ix AI
Cygnus Metals Limited has announced significant assay results from the Pontax Lithium Project in Canada, indicating expanded lithium mineralization. Rock chip samples have shown high-grade lithium results, with the known strike length of mineralization at Pontax Central now extending significantly. The company is ramping up its drilling program with additional rigs on the way to enhance exploration efforts and aims to establish a maiden resource soon. The results also highlight the potential for a new pegmatite trend at Pontax North, further increasing the project's prospectivity.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
Story so far
Earlier from Cygnus Metals
- Cygnus to raise $8m for substantial and rapid drill program
- Drilling doubles depth of known mineralisation to 230m
- Prospectus
- Maiden Resource Drilling Commenced
- Numerous targets identified over 10km of strike at Pontax
Later from Cygnus Metals
- Appendix 5B Quarterly Cash Flow Report
- Quarterly Activities Report
- First High-Grade Assay Results from Pontax
- Cygnus acquires ground next to the Pontax Lithium Project
- Cygnus to acquire second advanced lithium project in Quebec
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