Cygnus Metals Ltd. Announces Promising Drill Results and Infrastructure Advantage at Chibougamau Copper-Gold Project

Reuters
06/17
Cygnus Metals Ltd. Announces Promising Drill Results and Infrastructure Advantage at Chibougamau Copper-Gold Project

Cygnus Metals Limited has announced promising infill drilling results from its Corner Bay site at the Chibougamau Copper-Gold Project in Quebec, reinforcing the high-grade and continuous mineralization there. The project, with a current total Mineral Resource of 3.6 million tonnes at 3% CuEq in the Measured and Indicated categories, and 7.2 million tonnes at 3.8% CuEq in the Inferred category, benefits from existing infrastructure, including a 900,000 tonnes per annum processing facility. Early engineering studies and permitting are underway, highlighting the project's significant head start as a copper-gold development opportunity. Cygnus aims to upgrade more tonnes into the Indicated category, enhancing its ability to assess the production potential and economic outlook with increased certainty.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cygnus Metals Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9469689-en) on June 16, 2025, and is solely responsible for the information contained therein.

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