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Cygnus Metals Raises A$25m as Golden Eye Drilling Yields High-Grade Gold-Copper Assays
9:44am on Friday 24th of April, 2026 AEST
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Mining
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Cygnus Metals Raises A$25m as Golden Eye Drilling Yields High-Grade Gold-Copper Assays
9:44am on Friday 24th of April, 2026 AEST
Key Points
A$25 million capital raise at 5.9% discount strongly supported by Ocean Partners
Golden Eye drilling delivers high-grade intervals up to 105.5g/t AuEq over 1m
Follow-up exploration planned at Joe Mann and Gwillim gold prospects
Cash position strengthened to A$31.8 million to fund ongoing development
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