Cygnus Gold Reports High-Grade Silver, Lead and Zinc Samples at Bonnie Rock

THE DRILL SERGEANT: Cygnus Gold (ASX: CY5) announced high-grade silver-lead-zinc rock chips from the company’s Bonnie Rock project, located within the Youanmi Terrane of the Yilgarn Craton in Western Australia.

Cygnus Gold has named Bonnie Rock as a priority target with immediate follow up work planned for February.

Highlights from recent activity at Bonnie Rock include field reconnaissance rock chips confirming silver-lead-zinc mineralisation over 1.2 kilometres of strike that remains open.

Results include samples grading up to 89 grams per tonne silver, 3 per cent lead and 6.7 per cent zinc.

These results align with the company’s limited early-stage historic exploration drilling over the area that produced grades of up to 760g/t silver, 1.9 per cent lead and 1.7 per cent zinc.

“We are very pleased to be progressing exploration activities across the Cygnus tenement holding with a number of exciting early-stage results received from the field work to date,” Cygnus Gold executive chairman Raymond Shorrocks said in the company’s ASX announcement.

“There is a significant volume of assays still pending which the company is looking forward to receiving over the coming weeks.

“We have already started follow up on groundwork based on what we have already seen in the field.

“This terrane, the Southwest Yilgarn, has been overlooked for too long and only since Chalice Mining’s Julimar nickel and PGE discovery has the focus come back to the region.

“Cygnus with its 2,100 square kilometres tenement package is in a great position to explore its highly prospective tenure and uncover value within this region.”

 

 

 

Email: info@cygnusgold.com

 

Web: www.cygnusgold.com