Cygnus Gold Limited announced that experienced mining executive, Raymond Shorrocks has been appointed to Executive Chair of the Company effective immediately. Shorrocks has a history of generating significant shareholder value. He has more than 28 years' experience in corporate finance in the mining sector and has advised a diverse range of resources companies during his career at one of Australia's largest investment banking and stockbroking/financial services firms. Shorrocks' experience will be invaluable as the Company continues its dual track strategy of exploring its significant landholding (2,100km2) within the Yilgarn Craton, Western Australia with tenure highly prospective for base metals, gold and PGEs and project generation activities. Michael Bohm is moving from Non-Executive Chair to Non-Executive Director and Mr. Simon Jackson is moving from Executive Director to Non- Executive Director.