Cygnus cible deux nouveaux prospects aurifères minéralisés pour accroître ses ressources
Globenewswire·2026-01-19 23:51

Core Insights - Cygnus Metals Limited has identified two high-priority gold drilling targets within its Chibougamau copper-gold project in Quebec, which are expected to significantly enhance resource growth by 2026 [2][4][10] Exploration and Resource Growth - The company is focused on intensive exploration at the Chibougamau project, with two high-priority gold targets identified that have significant high-grade gold mineralization and limited modern exploration [4][6] - The Gwillim project, a joint venture with Alamos Gold, is located 12 km northwest of the Chibougamau processing plant and has historical production of 39,000 ounces of gold at a grade of 4.8 g/t [5][8] - The Joe Mann project, a historical high-grade gold mine, has produced 1.2 million ounces at a grade of 8.3 g/t and contains inferred resources of 0.7 million tonnes at 6.0 g/t for 143,000 ounces [6][8][9] Drilling Results and Targets - Significant drilling intersections at the Gwillim project include 7.6 m at 38.1 g/t Au, 15.2 m at 9.4 g/t Au, and 16.4 m at 8.3 g/t Au [6][7] - At the Joe Mann project, notable intersections include 0.7 m at 480.2 g/t Au, 3.8 m at 20.8 g/t Au, and 8.4 m at 6.3 g/t Au [6][13] - The company plans to conduct a drilling program in Q2 2026, pending permit approvals, to further explore these high-potential targets [6][10] Current Resource Estimates - Current resources at the Chibougamau project are estimated at 6.4 million tonnes at 3.0% Cu equivalent for 193,000 tonnes Cu equivalent (measured and indicated) and 8.5 million tonnes at 3.5% Cu equivalent for 295,000 tonnes Cu equivalent (inferred) [6][27] - The Golden Eye deposit has indicated resources of 0.5 million tonnes at 5.6 g/t Au for 91,000 ounces Au equivalent and inferred resources of 1.2 million tonnes at 4.6 g/t Au equivalent for 182,000 ounces Au equivalent [10][27] Infrastructure and Strategic Position - The Chibougamau region is well-equipped with established infrastructure, including a processing plant with a capacity of 900,000 tonnes per annum, a local mining town, paved highways, an airport, regional rail infrastructure, and a hydroelectric power station [11] - The processing plant is the only one within a 250 km radius, providing a strategic advantage for the development of copper and gold resources in the area [11][14]