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Cygnus Metals Advances with A$232 Million CAML Acquisition and Golden Eye Resource Upgrade

3:58pm on Friday 10th of July, 2026 AEST Mining
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Cygnus Metals Advances with A$232 Million CAML Acquisition and Golden Eye Resource Upgrade

3:58pm on Friday 10th of July, 2026 AEST
Key Points
  • CAML proposes all-scrip acquisition valuing Cygnus at A$232 million
  • Golden Eye infill drilling yields multiple high-grade gold-copper-silver intervals
  • Chibougamau project resource upgrade delayed pending increased Indicated classification
  • Cygnus secures 100% ownership of Sakami lithium project after meeting funding milestones
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