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Cygnus Metals Advances Chibougamau Project with C$1.3M Critical Minerals Funding
9:32am on Friday 7th of February, 2025 AEDT
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Mining
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Cygnus Metals Advances Chibougamau Project with C$1.3M Critical Minerals Funding
9:32am on Friday 7th of February, 2025 AEDT
Key Points
Conditional C$1.3 million funding approval from Canada’s Critical Minerals Infrastructure Fund
Funding to support feasibility study and infrastructure for Chibougamau Copper-Gold Project
Investment contingent on final due diligence and contribution agreement execution
Project benefits from strong local infrastructure and high-grade mineral resources
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