Strong drilling targets identified next to high-grade gold-copper mine
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 11 2025
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Should l Buy ?
Source: Newsfilter
New Drilling Targets Identified: Cygnus Metals has discovered multiple promising drilling targets near the historic Cedar Bay mine within its Chibougamau Copper-Gold Project in Quebec, utilizing an innovative AI solution to analyze historical data and drill logs.
Resource Growth Strategy: The company aims to significantly increase the remaining high-grade resources at Cedar Bay, which currently holds 130kt at 8.9% CuEq Indicated and 230kt at 8.5% CuEq Inferred, while also preparing for an imminent resource update from recent drilling results at Corner Bay.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
