Promising copper-gold drilling results in Quebec

financialpost.com

Cygnus Metals Limited has reported strong drilling results from its Chibougamau Copper-Gold Project in Quebec, Canada. Recent infill drilling showed impressive results, with some intervals reaching 5.6% copper equivalent (CuEq). These results indicate a potential increase in the indicated resource. Exploration drilling at a new target, called Colline, has also yielded encouraging results. One notable finding is 8.6 meters at 2.3% CuEq, which is close to the surface. There are even higher grades within this drilling. The Colline site is located just 4 kilometers from the company's processing facility, which makes it a significant target for resource growth. Currently, Cygnus is drilling with two rigs to expand its resource base and enhance existing resources. Results from the Corner Bay area have confirmed positive findings, improving areas previously thought to be lower grade. The drilling program aims to deepen the understanding of the mineralization at these sites, with ongoing assessments and follow-up drilling scheduled. Cygnus expects to provide more updates throughout the year as it continues its exploration efforts. The company is committed to advancing its projects and believes there is substantial potential for growth in its copper and gold resources.


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