Stanley was targeted following Cygnus’ interpretation of available geophysical datasets which defined a more than 20km longstrike length of prospective greenstone sequences which included widespread, shallow and high-grade gold mineralisation identified by previous explorers.

Following the successful IPO in January 2018 Cygnus has completed over 12,000m of drilling at Stanley as discussed below.

E70/4787 (Stanley Project), key drill results and prospects. Note: The geology interpretation is explained in the Independent Technical Assessment Report in Section 8 of the Cygnus Gold Prospectus dated 22 November 2017