Cygnus Gold Limited advised that it has appointed two highly experienced lithium experts to help drive the exploration and development strategy at its Pontax Lithium Project in James Bay, Canada. Gareth Reynolds has been appointed as Head of Business Development and Mark Calderwood as Board Advisor. Mr. Reynolds is a geologist with more than 18 years' experience having held senior positions at major lithium projects including Bald Hill, Wodgina and Mt Marion Lithium Projects.

His previous roles include Chief Exploration Geologist for Sociedad Química y Minera (SQM) identifying anassessing lithium projects for acquisition in Western Australia and abroad; Exploration Manager for Tawana Resources undertaking a lead role in the development and implementation of the exploration program which defined the 26MT+ lithium deposit at Bald Hill; and Senior Geologist for Mineral Resources where he undertook management and supervision of the resource definition program at Mt Marion and early-stage exploration atWodgina.Mr Calderwood has more than 30 years' experience in exploration and production. He has played key roles in the discovery of several world-class gold deposits including Edikan (Perseus), Kibali (Barrick-AGA) and Tarmoola (King of the Hills) in Western Australia. His previous roles include Chief Executive of Perseus Mining, where he led the Company from a micro-cap explorer to a $1.6 Billion, ASX-100 gold producer.

Mr. Calderwood also has significant experience with lithium exploration and mine development and is a co-author of a guidebook to the pegmatites of Western Australia.