Cygnus Metals (ASX:CY5) has intersected gold mineralisation in all nine holes of its maiden drilling program at the Gwillim Gold Project in Québec, Canada, prompting a return to the site for further drilling.
The 2,708m program tested historical intersections and extensions to the mineralised footprint down plunge towards the east.
Hole GWL-26-05 returned 13.5m @ 8.0 grams per tonne gold (Au) from 19.5m, while GWL-26-01 intersected 3.1m @ 20.8g/t Au from 212.7m, including 0.4m @ 108.0g/t Au.
Another hole, GWL-26-02, returned 8.6m @ 3.5g/t Au from 301m. Reported intervals are downhole lengths, with true widths estimated at 70–90%.
Cygnus says the results, combined with historical drilling data, could form the basis of an initial inferred mineral resource estimate and guide follow-up exploration.
Gwillim is a 50-50 joint venture with Alamos Gold (TSX:AGI), which is co-funding the maiden program. The project lies 14km from the central Chibougamau Processing Facility.
The company notes it has identified a correlation between higher gold grades and pyrrhotite-rich structures, suggesting downhole electromagnetic surveys could help locate further mineralisation.
Cygnus says it has moved its rig from Corner Bay back to Gwillim for a short program before relocating to Copper Rand, another exploration target within its Chibougamau Copper-Gold Project.
At Copper Rand, five holes totalling 3,830m tested extensions around the historical mine, intersecting mineralisation 200m along strike.
Results include 20.3m @ 0.6g/t Au, 2.5% copper, and 14.2g/t silver from 399.1m. Copper Rand has no current mineral resource and sits within 3km of the processing facility.
Further drilling will target near-surface strike extensions and potential down-plunge extensions below previously mined areas.
Cygnus is advancing Chibougamau alongside lithium assets in Québec’s James Bay district, in Canada, and rare earths and base metal projects in Western Australia.
Write to France Pinzon at Mining.com.au
Images: Cygnus Metals
