Cygnus Metals announces strong intersections at the Chibougamau Copper-Gold Project in Canada. Initial drill hole at Cedar Bay returns up to 29.1g/t AuEq over 0.4m, extending mineralization by 200m. Corner Bay also shows promising results, with 3.1m @ 4.9% CuEq. The project has potential for further growth and development.

The Cedar Bay prospect, a historic high-grade gold mine, remains open at depth. Initial drilling results include a wide gold-rich zone of mineralization, with 10.6m @ 4.1g/t AuEq and grades up to 29.1g/t AuEq over 0.4m. Cygnus is targeting resource growth with two drill rigs at Cedar Bay.

Additional promising results have been received from drilling at the Corner Bay deposit, the flagship asset of the Chibougamau Project. This includes 3.1m @ 4.9% CuEq, highlighting the potential for resource growth. Drilling will resume at Corner Bay once Cedar Bay drilling concludes.

Cygnus continues its exploration strategy focused on resource growth and conversion. The Chibougamau area benefits from established infrastructure, making it a premier copper-gold development opportunity with significant potential. The company aims to drive the project towards development and maximize shareholder returns.

Read more at GlobeNewswire: More strong drilling results outside current resource point