Cygnus Gold Ltd. (AU:CY5) has released an update.
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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