Cygnus Metals Conducts Exploration Drilling at Canada Copper-Gold Project

MT Newswires Live

Apr 23, 2025

Cygnus Metals (ASX:CY5) said exploration drilling is currently being conducted at the Corner Bay deposit within the Chibougamau copper-gold project in Canada, according to a Wednesday Australian bourse filing.

Infill drilling at the deposit points to the conversion of inferred resources to indicated resources.

The first exploration drill hole at the firm's new Colline target, identified through review of historical drill logs, returned 8.6 meters at 2.3% grade of copper-equivalent from 95 meters downhole.

It also confirmed funding of up to CA$1.3 million through Canada's Critical Minerals Infrastructure Fund. The funds will contribute towards feasibility work for key infrastructure between the mines and the Chibougamau processing facility.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2529619541"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2529619541\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2529619541?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-04-23 14:34","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2529619541","market":"fut","top_or_hot":-1,"title":"Cygnus Metals Conducts Exploration Drilling at Canada Copper-Gold Project","media":"MT Newswires Live","content":"<html><body><p> Cygnus Metals (ASX:CY5) said exploration drilling is currently being conducted at the Corner Bay deposit within the Chibougamau copper-gold project in Canada, according to a Wednesday Australian bourse filing.</p><p>Infill drilling at the deposit points to the conversion of inferred resources to indicated resources.</p><p>The first exploration drill hole at the firm's new Colline target, identified through review of historical drill logs, returned 8.6 meters at 2.3% grade of copper-equivalent from 95 meters downhole.</p><p>It also confirmed funding of up to CA$1.3 million through Canada's Critical Minerals Infrastructure Fund. The funds will contribute towards feasibility work for key infrastructure between the mines and the Chibougamau processing facility.</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Cygnus Metals Conducts Exploration Drilling at Canada Copper-Gold Project</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCygnus Metals Conducts Exploration Drilling at Canada Copper-Gold Project\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2025-04-23 14:34</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> Cygnus Metals (ASX:CY5) said exploration drilling is currently being conducted at the Corner Bay deposit within the Chibougamau copper-gold project in Canada, according to a Wednesday Australian bourse filing.</p><p>Infill drilling at the deposit points to the conversion of inferred resources to indicated resources.</p><p>The first exploration drill hole at the firm's new Colline target, identified through review of historical drill logs, returned 8.6 meters at 2.3% grade of copper-equivalent from 95 meters downhole.</p><p>It also confirmed funding of up to CA$1.3 million through Canada's Critical Minerals Infrastructure Fund. The funds will contribute towards feasibility work for key infrastructure between the mines and the Chibougamau processing facility.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK7104","symbol_name":"黄金","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2529619541","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2529619541","pubTimestamp":1745390084,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Cygnus Metals  said exploration drilling is currently being conducted at the Corner Bay deposit within the Chibougamau copper-gold project in Canada, according to a Wednesday Australian bourse filing.Infill drilling at the deposit points to the conversion of inferred resources to indicated resources.The first exploration drill hole at the firm's new Colline target, identified through review of historical drill logs, returned 8.6 meters at 2.3% grade of copper-equivalent from 95 meters downhole.It also confirmed funding of up to CA$1.3 million through Canada's Critical Minerals Infrastructure Fund. The funds will contribute towards feasibility work for key infrastructure between the mines and the Chibougamau processing facility.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK7104":"黄金","CY5.AU":"CYGNUS METALS LTD"},"translate_title":"Cygnus Metals在加拿大铜金项目进行勘探钻探","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CY5.AU":0.9},"content_text":"Cygnus Metals (ASX:CY5) said exploration drilling is currently being conducted at the Corner Bay deposit within the Chibougamau copper-gold project in Canada, according to a Wednesday Australian bourse filing.Infill drilling at the deposit points to the conversion of inferred resources to indicated resources.The first exploration drill hole at the firm's new Colline target, identified through review of historical drill logs, returned 8.6 meters at 2.3% grade of copper-equivalent from 95 meters downhole.It also confirmed funding of up to CA$1.3 million through Canada's Critical Minerals Infrastructure Fund. The funds will contribute towards feasibility work for key infrastructure between the mines and the Chibougamau processing facility.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1,"need_auth":false,"code":"91000000","status":"200"}}}