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Cygnus Metals Extends High-Grade Cedar Bay Resource as Chibougamau Growth Accelerates

Story Highlights
  • Cygnus delivered strong high-grade drill results at Cedar Bay, extending mineralisation beyond the current resource and defining a new wide zone.
  • The company increased Chibougamau’s global resource by 29%, remains well funded, and advances economic studies to progress development.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Cygnus Metals Extends High-Grade Cedar Bay Resource as Chibougamau Growth Accelerates

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The latest update is out from Cygnus Metals Limited ( (AU:CY5) ).

Cygnus Metals reported a highly productive December 2025 quarter at its Chibougamau Copper-Gold Project, highlighted by strong high-grade drill results at Cedar Bay, including intersections up to 300 metres outside the current resource and the discovery of a new wide, parallel mineralised zone near surface. The company has already lifted the project’s global resource by 29% to a combined 14.9Mt at robust copper-equivalent grades, is incorporating the updated resource and higher metal prices into a new economic study, remains well funded with A$13.4 million in cash and liquid investments, and has strengthened its leadership team as it keeps drilling to drive further resource growth and move Chibougamau closer to development.

The most recent analyst rating on (AU:CY5) stock is a Hold with a A$0.23 price target. To see the full list of analyst forecasts on Cygnus Metals Limited stock, see the AU:CY5 Stock Forecast page.

More about Cygnus Metals Limited

Cygnus Metals Limited is an exploration and development company focused on copper, gold, silver and lithium, with key assets including the Chibougamau Copper-Gold Project in Québec, Canada. The company targets high-grade, historically productive districts and is applying data-driven exploration, including custom AI tools, to expand its mineral resource base and advance projects toward development, supported by a strong cash and liquid investments position.

Average Trading Volume: 1,908,870

Technical Sentiment Signal: Buy

Current Market Cap: A$244.9M

For detailed information about CY5 stock, go to TipRanks’ Stock Analysis page.

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