Cygnus Metals LimitedASX: CY5

Shallow, high-grade gold intersected

· Issued by Cygnus Metals Limited

Filed with ASX · · 19 pages · English

Summary by 6ix AI

Cygnus Metals Limited has announced significant high-grade gold intersections from its drilling at the Golden Eye target within the Chibougamau Copper-Gold Project in Canada, highlighting the potential for resource growth. The initial assays reveal shallow high-grade gold, with notable intersections including a substantial grade from a specific drill hole. Cygnus is actively compiling data to identify new drill targets and enhance resource conversion efforts in the area.

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