Cygnus Metals Rock Chips Reveal Sakami Project LCT Pegmatite Indicators

THE DRILL SERGEANT: Cygnus Metals (ASX: CY5) has been encouraged by recent exploration efforts carried out at the company’s Sakami lithium project in James Bay, Quebec.

Cygnus Metals conducted its first exploration program at Sakami entailing collection of 85 pegmatite rockchip samples on wide spaced regional traverses.

Results from this work have identified highly fractionated pegmatites forming a coherent trend over four kilometres of strike which remains open in all directions.

This includes anomalous LCT pegmatite pathfinder results of up to 130ppm tantalum, 154ppm tin and 261ppm caesium alongside favourable K/Rb fractionation ratios as low as 22.

“These are exciting results from Sakami and very similar to fractionation trends we saw at the Auclair project, which resulted in two spodumene-bearing pegmatite discoveries,” Cygnus Metals managing director David Southam said in the company’s ASX announcement.

“It is important to point out that exploration was severely restricted last year at Sakami with the extreme wildfire season and then early snow.

“As such, much of the project remains unexplored with significant potential to make a discovery this season.

“The company remains highly active in James Bay with exploration programs planned for all projects, including our follow up prospecting at Sakami.”

Cygnus Metals plans an active exploration season for James Bay in 2024 and has prioritised follow-up prospecting at the Sakami project on the back of recent efforts and what it considers unexplored potential of the greenstone belt.

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE