Key facts
| Company | Cygnus Metals (TSXV: CYG) |
|---|---|
| Commodity | Lithium |
| Location | Canada |
| Stage | Early exploration |
About Pontax Project
The company announced a Maiden Inferred Resource Estimate (MRE) of 10.1Mt at 1.04% Li2O which was delivered within 12 months of acquisition of the project. The MRE is defined over 1.2km of strike, demonstrating significant growth through recent exploration. Mineralisation remains open in all directions with spodumene mineralisation confirmed up to 9km from the Pontax Central resource, highlighting the huge upside potential at Pontax.