Cygnus Gold Limited engages in the discovery and exploration of gold, nickel, copper, and base metals deposits in the Southwest Terrane of Western Australia. It holds 100% interest in the Stanley project, which covers an area of approximately 160 square kilometers located in the Wheatbelt region of Western Australia. The company also holds 100% interest in Bencubbin project, which covers approximately 675 square kilometers located in the northeast of Perth; Burracoppin tenements, which are located in the east-northeast of Merredin; and Panhandle project located in the north of Kalgoorlie in the Central Yilgarn. The company was formerly known as Craton Gold Pty Ltd and changed its name to Cygnus Gold Limited in November 2016. Cygnus Gold Limited was incorporated in 2015 and is based in West Perth, Australia.