8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported)   February 7, 2008

Cigma Metals Corporation

(Exact name of registrant as specified in its charter)

Florida	0-27355	98-0203244
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)

1 Edith Place, Coolum Beach, Queensland, Australia	4573
(Address of principal executive offices)	(Zip Code)

Registrant’s Telephone Number, including the area code: 41788796966

Not Applicable

(Former name or former address, if changed from last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Information A.2. below):

£ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

£ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

£ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

£ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 8.01 Other Events

Exploration update for the work completed to date on the Dostyk Project in North Eastern Kazakhstan.

Item 9.01 Financial Statements and Exhibits

(a) Financial statements:

None

(b) Pro forma financial statements:

None

(c) Shell company transactions:

None

(d) Exhibits:

99.1 Cigma Metals Corporation news release dated February 7, 2008 and disseminated through the facilities of recognized newswire services.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	CIGMA METALS CORPORATION
Date: February 7, 2008	by:	/s/	Lars Pearl
			Lars Pearl
			President, CEO and Director

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Exhibit Index

Exhibit No. 99.1

Description News release of Cigma Metals Corporation dated February 7, 2008

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EX-99.1

Exhibit 99.1

Cigma Metals Corporation exploration update for the work completed to date on the Dostyk Project in North Eastern Kazakhstan

Almaty, Kazakhstan – February 7, 2008 - Cigma Metals Corporation (Other OTC:CGMX.PK; Frankfurt: C9KA.F) (the “Company”, “Cigma”) is pleased to provide an exploration update for the work completed to date on the Dostyk Project in North Eastern Kazakhstan during the last 3 months.

The property covers an area of over the 14,000 km2 and is located in North Eastern Kazakhstan.  Cigma has focused exploration on 6 targets

Recent results include:

Beryozki

 DDH BZ6 105m @ 1.17g/t Au from surface

Incl 17.2m at 4.07g/t Au from 12.8m

and 41.4m at 0.38% Cu from surface.

Quartzite Gorka

DDH Q1, 297.3m @ 0.39g/t Au

and 54.3m at 0.35% Cu from 155.4m

DDH Q2, 299.3 @ 0.27g/t Au

and 83.5m at 0.22% Cu from 30.3m

DDH Q3, 22m @ 1.0g/t Au from 23m and 0.68% Cu and 17.8 g/t Ag.

DDH Q6,  50.5m @ 0.45g/t Au and 0.87% Cu

Incl 19.9m @ 0.7g/t Au and 1.71% Cu

Annino/Nikolaevo

DDH A4, 43m @ 1.9% Cu from 26.3 meters

Incl 20.6 meters @ 3.5% copper from 45.9m.

DDH A2, 16.5m @ 2.7% Cu, 0.13% Pb and 0.35% Zn from 59.7 meters.

Beskauga

DDH Bg1, 263.9m @ 0.4g/t Au grade and 0.20% Cu from 45.1m

This zone includes several intervals with Au grade over 0.5 g/t and copper 0.21% to 0.28%.

DDH Bg3, 193.4m @ 0.56g/t Au from 48.0m

Incl 66.7m @ 0.77g/t Au from 48.0m.

30% of the gold assays and 50% of the copper assays are still awaited.

Below is a summary of the exploration and drilling results received to date. The Company is still awaiting numerous assays to complete the resource estimation.

During 2007 Cigma continued drill testing the 6 selected targets with diamond drilling to determine the depth and lateral extent of known mineralisation and to also confirm results documented by previous Companies.  Drilling was carried out on the Beryozki, Beryozki-East, Quartzite Gorka, Annino/Nikolaevo and Beskauga targets, whilst a resource estimate was initiated on the Company’s Ushtagan target. In total the Company has completed 57 drill holes for 14,848 meters. All drill holes were surveyed from surface and coordinates measured on a regular basis down hole.

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1. Beryozki Eastern Target

This target is part of a large system of Copper Porphyry mineralization within the outer part of a volcanic caldera and has a lateral extension at surface of over 1,300 meters.  Interpretation of current data shows the system to join with Karagandy-Ozek mineralization zone further north, which in turn merges further to the north with the Quartzite Gorka target.  Current interpretation shows the total extension of mineralization to be over 7 km, with the width of the zone varying from 30 to over 100 meters. The host lithologies to mineralisation are andesites, diorites and tuffs.  Currently the mineralisation is open to depth and the deepest drill hole, Bz10, ended in pyrite-chalcopyrite mineralization at a depth 354.4 meters.

Although, only 60% of assays have been received, those received reflect the following intersections:

BZ6 105m @ 1.17g/t Au from surface

Incl 17.2m at 4.07g/t Au from 12.8m

and 41.4m at 0.38% Cu from surface.

The mineralisation is oxidized down to 35m.

2. Quartzite Gorka Target

As discussed above, this was initially a gold-copper target but has been interpreted as part of a large unified copper-porphyry system. Host rocks are secondary quartzites and diorites. The length of the mineralised zone is approximately l,400 meters, merging to the south with the northerly extension of the Karagandy-Ozek zone. The width at surface, based on data recorded by previous companies and based on surface trenching and drill hole projections varies from 30 to 50 meters.

Intersections for results received to date include:

DDH Q1, 297.3m @ 0.39g/t Au

and 54.3m at 0.35% Cu from 155.4m

DDH Q2, 299.3 @ 0.27g/t Au

and 83.5m at 0.22% Cu from 30.3m

DDH Q3, 22m @ 1.0g/t Au from 23m and 0.68% Cu and 17.8 g/t Ag.

DDH Q6,  50.5m @ 0.45g/t Au and 0.87% Cu

Incl 19.9m @ 0.7g/t Au and 1.71% Cu

3. Annino/Nikolaevo Target

The Annino/Nikolaevo Target is interpreted as Volcanic Massive Sulfide mineralization related to quartz-sericite metasomatites.  The strike of mineralization is 1,400 meters and the width, base on surface trenching and drill intersections varies between, 30 to 40 meters.

Intersections include:

DDH A4, 43m @ 1.9% Cu from 26.3 meters

Incl 20.6 meters @ 3.5% copper from 45.9m.

DDH A2, 16.5m @ 2.7% Cu, 0.13% Pb and 0.35% Zn from 59.7 meters.

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4. Beskauga Prospect

This target area is a large copper-porphyry system with approximate dimensions of 2.0km by 1.7km and was discovered through number of multiple Cu-Au-Mo-Ag anomalies.

Intersections include:

DDH Bg1, 263.9m @ 0.4g/t Au grade and 0.20% Cu from 45.1m

This zone includes several intervals with Au grade over 0.5 g/t and copper 0.21% to 0.28%.

DDH Bg3, 193.4m @ 0.56g/t Au from 48.0m

Incl 66.7m @ 0.77g/t Au from 48.0m.

30% of the gold assays and 50% of the copper assays are still awaited.

5. Ushtagan Prospect

Ushtagan is a gold target defined by a 2.5km long linear zone of quartz veining.  Cigma recently engaged independent Kazakhstan geologists to complete an estimation of amount of mineralised material (not to JORC, NI43-101 or Guide 7 standards) in the C1-C2 category for the central part of the deposit.

Three Ushtagan samples were collected for metallurgical test work, consisting of: two (10kg) and one bulk of 130kg samples.  These samples were dispatched to KazMechanObr Laboratories.

KazMechanObr, is an independent laboratory certified by the Republic of Kazakhstan and is located in Almaty, KazMechanObr  does not have an International Standards Organization certification.

 Encouraging results show the Ushtagan mineralised material to be, at least, amenable to heap leaching.  Bottle roll results are summarized below.

High grade 10kg sample number 1 resulted in:  7.11g/t gold and 15.03g/t silver

Recovery was 61.21% by gravity separation,

93% by flotation

93% and 94% by cyanidation.

Low grade 10kg sample number 2 resulted in:  1.03g/t gold

82.0% and 81.12% by cyanidation.

Recovery by gravity and floatation:  Results awaited.

Results of column test of bulk sample are expected in February 2008.

The volume of mineralised material is still open on strike and depth and will be the focus of continuing definition during 2008.  The results to date indicate the Ushtagan material is amenable for heap leaching with gold recoveries from 70%-75%.

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Based on the results from drilling and metallurgical test work received to date, Cigma is confident that the Company may have the opportunity to convert these and previously announced results into a series of economic deposits in the near future.

Cigma Metals Corporation is a mineral exploration company focusing on the exploration and development of its two mineral exploration properties totaling 740 square kilometers in the Tomsk Oblast region of Siberia in Russia, and its approximately 14,000 square kilometer property located in the Dostyk region of Kazakhstan.  All the project areas were selected due to their proximity to a well-developed infrastructure, known mineral occurrences and from historical records of gold and base metals production.  Cigma Metals Corporation’s stock is quoted for trading in the United States of America on the OTC Pink Sheets under the symbol “CGMX.PK”, and under the symbol “C9KA.F” on the Frankfurt Exchange, in Germany.

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For Further information, please call Lars Pearl

Phone: +41 7887-96966

Address: 18, 80 Furmanova Str, Almaty, Republic of Kazakhstan

Telephone: Almaty Office +7 327 2611 026

Website: www.cigmametals.com

ON BEHALF OF THE BOARD

“Lars Pearl”

Lars Pearl

President, CEO and Director

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS

This press releasecontains statements that plan for or anticipate the future, called "forward-looking statements." In some cases, you can identify forward looking statements by terminology such as "may," "will," “should,” “could,” “expects,” "plans,"  "intends," "anticipates," "believes," "estimates," "predicts," "potential" or "continue" or the negative of those terms and other comparable terminology.

These forward-looking statements appear in a number of places in this press release and include, but are not limited to, statements about: our market opportunity; revenue generation; our strategies; competition; expected activities and expenditures as we pursue our business plan; the adequacy of our available cash resources; our ability to acquire properties on commercially viable terms; challenges to our title to our properties; operating or technical difficulties in connection with our exploration and development activities; currency fluctuations; fluctuating market prices for precious and base medals; the speculative nature of precious and base medals exploration and development activities; environmental risks and hazards; governmental regulations; and conduct of operations in politically and economically less developed areas of the world.

Many of these contingencies and uncertainties can affect our actual results and could cause actual results to differ materially from those expressed or implied in any forward-looking statements made by, or on behalf of, us.  Forward-looking statements are not guarantees of future performance.  These cautionary statements qualify all of the forward-looking statements made in this press release.  Specific reference is made to our most recent annual report on Form 10KSB and other filings made by us with the United States Securities and Exchange Commission for more detailed discussions of the contingencies and uncertainties enumerated above and the factors underlying the forward-looking statements. These reports and filings may be inspected and copied at the Public Reference Room maintained by the U.S. Securities & Exchange Commission at 100 F Street, N.E., Washington, D.C. 20549. You can obtain information about operation of the Public Reference Room by calling the U.S. Securities & Exchange Commission at 1-800-SEC-0330.  The U.S. Securities & Exchange Commission also maintains an Internet site that contains reports, proxy and information statements, and other information regarding issuers that file electronically with the U.S.  Securities & Exchange Commission at http://www.sec.gov.

We disclaim any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except to the extent required by applicable laws.

This press release is for informational purposes only and is not and should not be construed as an offer to solicit, buy, or sell any security.

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