Cygnus Gold Ltd. (AU:CY5) has released an update.
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Cygnus Metals Ltd. has discovered numerous exploration targets at the Auclair Lithium Project in James Bay, Canada, after a promising intersection of 43.7 meters at 1.15% lithium oxide. Innovative use of LiDAR and orthophotography, a first for the region, has revealed potential pegmatite targets hidden by dense vegetation. With prospecting set to start in May and drilling in June, the company is optimistic about the project’s prospects, which is in proximity to other significant lithium deposits.
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