CY5 cygnus metals limited

Ann: Shallow, high-grade gold intersected, page-7

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    It certainly looks like a decent sized camp, unbelievable that an underground decline was put in into Golden Eye in 1992 but never reached production, it goes to show the gold prices of the time and changed priorities can stall a project that is certainly appealing in today's metal price environment. That long section shows historic drill intercepts of fairly high-grade Cu at fairly shallow depths that haven't been followed up yet, either between Jaculet and Henderson I and Henderson II, although the entire area is described as "Data to be Compiled" so there may well have been follow-up drilling that hasn't been found/digitized yet. Anything with that tenor of mineralisation that hasn't been digitised from 1980s or 1990s exploration has essentially been forgotten about, and has possibly seen no follow-up work....

 
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