Cygnus hits more high-grade gold

FRONTIER explorer Cygnus Gold’s maiden diamond drilling program, part of its first attempt to crack its flagship Stanley project continued to intersect high-grade gold, with the yellow metal being found in a deep, conceptual step-out hole, although another hole was drilled in the wrong spot.

Cygnus hits more high-grade gold Cygnus hits more high-grade gold Cygnus hits more high-grade gold Cygnus hits more high-grade gold Cygnus hits more high-grade gold

The company said its final and deepest hole for the program, which stepped out 250m from its Bottleneck discovery hole encountered 6m at 3.27 grams per tonne from 157.5m, including 2m at 8.82gpt in fresh Archean basement rock.

A number of zones of gold grading above 0.1gpt were also intersected between 86-176m, with thicknesses between 2-4m.

The company suggested that the intersection may represent an additional shoot, semi-parallel to the main Bottleneck trend.

Another hole intersected several intervals of low grade gold in weathered rock, but it was based on an interpretation of historical aircore drilling, which appears to have been drilled in the wrong location to intersect the plunging Bottleneck mineralisation.

While work at Bottleneck is at its earliest...

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