SXG Drills 331 m @ 6.8 g/t Gold (Uncut) Traversing 18 High-Grade Veins 200 m Down Dip Extension from Previously Announced Results, Best Hole to Date

7 Intersections>100 g/t Gold, up to 4,190 g/t Gold Rising Sun Area Remains Open with Assays Pending for 18 Holes

(PresseBox) - Mawson Gold Limited (“Mawson” or the “Company”) (TSX:MAW) (Frankfurt:MXR) (PINKSHEETS: MWSNF - https://www.commoditytv.com/ondemand/companies/profil/mawson-gold-ltd/ ) announces the best hole drilled to date, SDDSC082, at SXG’s 100%-owned Sunday Creek Project in Victoria, Australia, a spectacularly wide and high grade intersection of gold-antimony mineralization of 331.5 m (at) 6.8 g/t Au from 413.6 m (uncut) in a 180 m to 290 m (average 200 m) down dip extension of a previous drilled mineralized zone (Figure 5).

SDDSC082 contains the highest grades (up to 4,190 g/t Au) and includes three of the top five individual intersections at Sunday Creek: 13.1 m (at) 91.7 g/t Au from 413.6 m, 68.5m (at) 4.8 g/t Au from 506.3 m and 5.0 m (at) 60.9 g/t Au from 588.0 m. Seven assayed intervals have >100 g/t Au (up to 4,190 g/t Au), 20 assayed intervals have >15 up to 100 g/t Au and seven intervals have >5% Sb (up to 24.3% Sb).

Sunday Creek is 100% owned by Southern Cross Gold (“SXG”), which is an ASX listed company owned 51% by Mawson. Four rigs continue to drill in the main drill area at Sunday Creek where 18 holes (SDDSC079, 83, 85-86, 88-99, 101, 103) are currently being geologically processed and chemically analyzed, and four holes (SDDSC0100, 102, 104, 105) are in drill progress (Figures 1-2).

Please find further information in the attachement.

Weitere Infos zu dieser Pressemeldung:
Unternehmensinformation / Kurzprofil:
Bereitgestellt von Benutzer: PresseBox
Datum: 24.10.2023 - 07:25 Uhr
Sprache: Deutsch
News-ID 693279
Anzahl Zeichen: 1534

contact information:
Contact person: Jochen Staiger
Town:

Vancouver, Canada

Phone: +41 (71) 3548501

Kategorie:

Financial Services & Insurance

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