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About Cygnus Metals Limited

Cygnus Metals (ASX:CY5) is an Australian mineral exploration company focused on the discovery and development of lithium and gold deposits. The company has a portfolio of projects in Western Australia and Quebec, Canada. Cygnus' flagship project is the Pontax Lithium Project in Quebec. The Pontax project is located in the James Bay region, which is known for its high-grade lithium deposits. Cygnus has completed a number of exploration programs at Pontax, including drilling, geophysics, and geochemistry. Cygnus also has a number of gold projects in Western Australia, including the Bencubbin Project, the Stanley Project, and the Mitsumis Project.

What is CY5 known for?

Snapshot

Public AU
Ownership
2015
Year founded
11
Employees
Perth, Australia
Head office
1 of 545
AU Rank
Unknown
Sector
N/A
Sector rank
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Operations

All Locations
Perth, AU

Products and/or services of Cygnus Metals Limited

  • Pontax Lithium Project: Strategically located in the thriving lithium province of the James Bay Region in Northern Quebec, Canada. The project spans an area of 145km2 and encompasses several spodumene-bearing pegmatite swarms.
  • Mitsumis Project: The recently acquired project remains significantly underexplored, with minimal mapping and sampling conducted so far. The project holds substantial potential for similar LCT pegmatite mineralisation.
  • Bencubbin Project: Situated approximately 220 km northeast of Perth, encompasses the underexplored Bencubbin Greenstone Belt, which is highly regarded for its potential in hosting rare element lithium-caesium-tantalum pegmatites.
  • Stanley Project: Spans 160km² and is located about 60 km northeast of Katanning in the Wheatbelt region. Earlier explorers had discovered extensive, shallow, and high-grade gold mineralisation within this sequence.

Cygnus Metals Limited executive team

  • Mr. David Clifford Southam B.Com., C.P.A., M.A.I.C.D.Executive Chairman
  • Mr. Carl Domenic Travaglini C.A., C.S.CFO & Joint Company Secretary
  • Mr. Nicholas Kwong M.B.A., P.Eng.CEO & President
  • Mr. Duncan GrieveVice President of Exploration & Corporate Development
  • Mr. Gareth ReynoldsHead of Business Development
  • Ms. Maddison Cramer B.A., L.L.B.Joint Company Secretary

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