Cygnus Gold reported the completion of the aircore drilling program on the Company's 100% owned Bencubbin North Project. The rig has now commenced drilling on the Lake Grace and Yandina Joint Venture (JV) Projects, where the Company is presently managing exploration programs being funded by JV partners Gold Road Resources Ltd. The 2,600m program at Bencubbin North was designed to test high priority nickel and base metals targets. The final batch of samples has now been delivered to the laboratory in Perth with results anticipated next month. The aircore drill rig has now mobilised to the Lake Grace and Yandina JV Projects, which the Company is exploring in partnership with Gold Road. The JV drilling program will comprise approximately 20,000m of aircore drilling targeting extensions of the Hammerhead Prospect, and gold mineralisation associated with the Yandina Shear Zone, a geological structure interpreted to control the distribution of gold mineralisation regionally. Drilling at the Hammerhead prospect in 2019 intersected widespread anomalous gold including 3m @ 0.35g/t Au from 52m and 6m @ 0.28g/t Au from 56m to end of hole. The gold intersected to date at Hammerhead is associated with widespread anomalous arsenic, copper, and molybdenum, which are considered to be important `pathfinder' elements for gold mineralisation in this region. The Hammerhead prospect is part of a more than 20km long prospective rock package associated with the regional Yandina Shear which represents a high priority target for follow up testing. Gold Road have also notified the Company of their intention to take over management of the JV projects from the first of April, to correspond with the completion of this drill program. Commenting on the drilling programs Cygnus Gold's Managing Director James Merrillees said the Company was looking forward to continuing the Company's strong start to 2020 with nonstop drilling now planned through to the end of April.