Cygnus Gold Ltd. (AU:CY5) has released an update.
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Cygnus Metals Limited reports promising results from their recent till sampling at the Auclair Lithium Project in James Bay, which indicate the potential for multiple new spodumene-bearing pegmatites beneath glacial cover. These findings may point to a large-scale and high-grade lithium system, with follow-up exploration and drilling planned to further evaluate these targets. The company’s previous drilling campaigns have already demonstrated significant lithium grades, enhancing the prospectivity of the region.
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