CY5
Director Trades
| Date | Director | Value |
|---|---|---|
| M. Bohm | $10,000 | |
| R. Shorrocks | $59,813 |
Company News
Cygnus Metals Delivers Major Resource Upgrade at Chibougamau Copper-Gold Project
Cygnus Metals (ASX: CY5) has delivered a significant resource increase at its Chibougamau copper-gold project in Quebec, lifting measured and indicated resources by 78%. The new mineral resource estimate incorporates a maiden figure for the Golden Eye deposit alongside expanded inventories at Corner Bay, Cedar Bay, Devlin and Joe Mann. Executive chair David Southam said […]
Cygnus Metals and Doré plan merger to unlock Canadian copper-lithium-gold assets
Australia’s Cygnus Metals (ASX: CY5) has revealed plans to merge with Doré Copper Mining to develop the two companies’ significant Canadian copper, lithium and gold portfolio. The companies have agreed to merge by way of a Canadian statutory plan of arrangement, pursuant to which Cygnus will acquire 100% of the issued and outstanding common shares […]
Cygnus Metals unveils maiden 10.1Mt lithium resource at Pontax
Just over a year after acquiring the game-changing asset, Cygnus Metals (ASX: CY5) has released an impressive maiden inferred mineral resource estimate of 10.1 million tonnes at 1.04% lithium oxide (Li2O) for its Pontax project in James Bay, Canada. On July 29, 2022, Cygnus announced that it had entered into a binding agreement for an […]
Cygnus Metals eyes lithium and rare earths in Canada and Australia
It’s a long way from the dusty wheatbelt of WA to the forests of Canada but there is a small explorer with a plan to connect the two locations through a focus on energy transition, lithium in Canada and rare earths in WA. Cygnus Metals (ASX: CY5), which had an indifferent early life as a […]
Cygnus Metals discovers high-grade rare earths at Bencubbin project
Cygnus Metals (ASX: CY5) has revealed a significant clay-hosted rare earths discovery in Western Australia today, with initial assays from drilling at the Bencubbin project showing the discovery contains a significant percentage of high-value, potential magnet creation rare earths. The company stated that the discovery has “large-scale potential” given that the strong anomaly had already […]
Australian explorers rush to join Canada’s lithium boom
The call of Canada is being heard clearly by Australian lithium hopefuls, with some of the best-known names from the Aussie mining boom heading north to ride a wave driven by the US Government’s trade protection policies. Ken Brinsden, the key man in growing Pilbara Minerals (ASX: PLS) from penny dreadful to $13 billion member […]
Gold Road’s Gruyere joint venture takes advantage of record gold prices with maiden pour
Gold Road Resources (ASX: GOR) and Gold Fields’ subsidiary have poured the first three gold bars from the Gruyere gold project in Western Australia in time to take advantage of the gold price which is at record highs. The milestone marks Gold Road’s transition to ASX-listed gold producer, with three dore gold bars produced from […]
Cygnus Gold hits high grade gold in underexplored WA wheatbelt
In a region traditionally known for farming, Cygnus Gold (ASX: CY5) has hit high grade gold in first four diamond core drill holes at its wholly-owned Stanley project in Western Australia’s wheatbelt, with one hole offering up to 114.63 grams per tonne gold. The gold was discovered at the Bottleneck prospect with the first hole […]
Cygnus IPOs on ASX to fund gold exploration at WA wheatbelt projects
Junior explorer Cygnus Gold (ASX: CY5) was admitted to the ASX today with a suite of gold tenements and several under application across Western Australia’s “underexplored” wheatbelt region. Under its offer, the company expected to issue up to 30 million shares at A$0.20 each to raise at least A$5 million to fund exploration at its […]
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