Outstanding Projects in Tier 1 Jurisdictions

Cygnus has a major landholding of 827 square kilometers, comprising 3 key lithium projects in the heart of the world-class James Bay lithium district.

At Pontax, a Maiden Inferred Resource of 10.1Mt @ 1.04% Li₂O was announced in July 2023. The resource has immediate growth potential within a 9km spodumene trend which remains open in all directions.

At Auclair, significant spodumene mineralisation has been identified over 6km of strike through drilling and prospecting. This includes the new ‘Pegasus’ discovery, a large (75m x 50m) outcrop with abundant, coarse spodumene mineralisation.

The Sakami Project is located just 44km west of Patriot Battery Metals’ Corvette Project and on the same La Grande greenstone belt. Early prospecting has identified multiple pegmatite targets for follow up work.