CY5 1.96% 5.0¢ cygnus metals limited

Cygnus the front runner in the Malibu Cup, page-118

  1. 2,370 Posts.
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    Another acquisition today, MEG acquiring the K Lithium project from Jody Dahrouge. It's near Harfang's Serpent/Radisson and REC's Wapistan. I also noticed some extra MLS tenements (only 9) along the La Grande greenstone border, west of the other 4. I did a quick review of their website and interestingly MLS have these tenements listed as gold projects and have no reference to the Lithium finds East of their projects.

    A few more ASX companies commencing field work, (REC Wapistan & Express, SUM Castor, RGL Abigail).
    CBH announced their field work results. Interesting analysis provided: “Ground truthing also revealed several of the previously interpreted dykes were in fact linear glacial deposits commonly referred to as eskers covered in pale to white coloured lichen which makes them difficult to differentiate from outcropping dykes using satellite imagery. “ May have indicators for PLN and BMM’s nearby tenements.
    JBY commenced trading with a quick lift in the SP, getting as high at $0.61, but coming back down as I write. They announced today that they will commence field work; giving LU7 a run for their money on the getting to work quickly stakes. Good on both of them for it.
    Pioneer (PLN) was due to list this week, but it's currently listed as TBA. Will see if it has a run similar to LU7 and JBY.

    On the Canadian side, sorry I don't follow them all, but Q2 extended their pegmatite zone to 9.7km after finding 4 new pegmatite zones. It’s extending NE toward Ophir, who are also on ground doing field work. Harfang also announced spodumene in pegmatites at their Serpent//Radisson project. So there's a bit of action over in the West too.

    https://hotcopper.com.au/data/attachments/5589/5589028-2eae8b3f9a0da737824e2df04a94d4fa.jpg


    DYOR & HAGD
 
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Last
5.0¢
Change
-0.001(1.96%)
Mkt cap ! $14.66M
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5.1¢ 5.2¢ 4.9¢ $53.39K 1.063M

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2 150000 4.9¢
 

Sellers (Offers)

Price($) Vol. No.
5.0¢ 130864 2
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Last trade - 16.10pm 07/06/2024 (20 minute delay) ?
Last
4.9¢
  Change
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