Precious metals & critical minerals companies present at hybrid virtual investor conference.
ByAinvest
Friday, May 23, 2025 10:32 am ET1min read
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Recent assays include:
- 7.4m @ 5.7g/t AuEq (4.6g/t Au, 0.9% Cu & 5.6g/t Ag) from 405.6m (LDR-25-08), including 3.1m @ 9.6g/t AuEq (7.4 g/t Au, 1.6% Cu & 10.0g/t Ag)
- 2.9m @ 10.2g/t AuEq (8.3g/t Au, 1.4% Cu and 3.3g/t Ag) from 463.8m (LDR-25-08), including 0.4m @ 60.8g/t AuEq (51.3g/t Au, 7.2%Cu & 18.0g/t Ag) (visible gold)
These results are in addition to previously released results from Golden Eye (see TSXV/ASX announcement dated 16/17 April 2025), such as 3.3m @ 6.6g/t Au from just 131.7m (LDR-25-05), including 2.3m @ 9.1g/t Au.
The Golden Eye prospect has existing dual ramp access within 150m of the mineralisation and sits 3km from Cygnus' central processing plant. The Chibougamau district has a strong history of gold production, with over 3.5Moz of gold produced alongside 945,000t of copper.
Cygnus Metals intends to use the recent drilling results and compiled historic drill data to complete an initial Mineral Resource Estimate for Golden Eye. The historic drill intercepts include:
- 5.9m @ 34.1g/t AuEq (32.2g/t Au, 1.2% Cu & 27.3g/t Ag) (RD-11)
- 4.5m @ 21.6g/t AuEq (14.9g/t Au, 4.7% Cu & 54g/t Ag) (RD-28)
- 8.4m @ 12.7g/t AuEq (11.0g/t Au, 1.3% Cu & 15.8g/t Ag) (RD-20)
- 7.5m @ 22.1g/t AuEq (16.0g/t Au & 4.7% Cu) (S1-87-1)
- 10.4m @ 12.2 g/t AuEq (7.3g/t Au, 3.5% Cu & 31.8g/t Ag) (S3-86-4)
The company is continuing to compile data across the camp and deliver additional drill targets as part of its strategy to drive resource growth and conversion drilling. The presentations from the Precious Metals & Critical Minerals Hybrid Virtual Investor Conference, held on May 22nd, are now available for online viewing, providing investors with further insights into the company's projects and plans.
References:
[1] https://investingnews.com/precious-metals-critical-minerals-hybrid-investor-conference-agenda-announced-for-may-22nd/
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Virtual Investor Conferences announced the presentations from the Precious Metals & Critical Minerals Hybrid Virtual Investor Conference held on May 22nd are now available for online viewing. The presentations will be available for 90 days, and investors can download investor materials from the company's resource section. Keynote speakers include Jeff Christian of CPM Group and Jack Lifton of Energy Fuels, Inc.
Cygnus Metals Limited (ASX: CY5; TSXV: CYG; OTCQB: CYGGF) has announced significant gold intercepts from its Golden Eye prospect within the Chibougamau Copper-Gold Project in Quebec. The latest drilling results highlight the potential for a high-grade mineral resource at Golden Eye, with mineralisation remaining open at depth.Recent assays include:
- 7.4m @ 5.7g/t AuEq (4.6g/t Au, 0.9% Cu & 5.6g/t Ag) from 405.6m (LDR-25-08), including 3.1m @ 9.6g/t AuEq (7.4 g/t Au, 1.6% Cu & 10.0g/t Ag)
- 2.9m @ 10.2g/t AuEq (8.3g/t Au, 1.4% Cu and 3.3g/t Ag) from 463.8m (LDR-25-08), including 0.4m @ 60.8g/t AuEq (51.3g/t Au, 7.2%Cu & 18.0g/t Ag) (visible gold)
These results are in addition to previously released results from Golden Eye (see TSXV/ASX announcement dated 16/17 April 2025), such as 3.3m @ 6.6g/t Au from just 131.7m (LDR-25-05), including 2.3m @ 9.1g/t Au.
The Golden Eye prospect has existing dual ramp access within 150m of the mineralisation and sits 3km from Cygnus' central processing plant. The Chibougamau district has a strong history of gold production, with over 3.5Moz of gold produced alongside 945,000t of copper.
Cygnus Metals intends to use the recent drilling results and compiled historic drill data to complete an initial Mineral Resource Estimate for Golden Eye. The historic drill intercepts include:
- 5.9m @ 34.1g/t AuEq (32.2g/t Au, 1.2% Cu & 27.3g/t Ag) (RD-11)
- 4.5m @ 21.6g/t AuEq (14.9g/t Au, 4.7% Cu & 54g/t Ag) (RD-28)
- 8.4m @ 12.7g/t AuEq (11.0g/t Au, 1.3% Cu & 15.8g/t Ag) (RD-20)
- 7.5m @ 22.1g/t AuEq (16.0g/t Au & 4.7% Cu) (S1-87-1)
- 10.4m @ 12.2 g/t AuEq (7.3g/t Au, 3.5% Cu & 31.8g/t Ag) (S3-86-4)
The company is continuing to compile data across the camp and deliver additional drill targets as part of its strategy to drive resource growth and conversion drilling. The presentations from the Precious Metals & Critical Minerals Hybrid Virtual Investor Conference, held on May 22nd, are now available for online viewing, providing investors with further insights into the company's projects and plans.
References:
[1] https://investingnews.com/precious-metals-critical-minerals-hybrid-investor-conference-agenda-announced-for-may-22nd/

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