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Mawson Completes 3 Holes at Sunday Creek and Commences Drilling at the High-Grade Redcastle Gold Project in Victoria, Australia
VANCOUVER, BC / ACCESSWIRE / September 17, 2020 / Mawson Resources Limited ("Mawson") o...
About this update from Southern Cross Gold Consolidated Ltd.
[{"type":"text","content":"Mawson Completes 3 Holes at Sunday Creek and Commences Drilling at the High-Grade Redcastle Gold Project in Victoria, AustraliaVANCOUVER, BC / ACCESSWIRE / September 17, 2020 / Mawson Resources Limited (\"Mawson\") or (the \"Company\") (TSX:MAW)(Frankfurt:MXR)(PINKSHEETS:MWSNF) is pleased to provide an update of exploration activities in Australia. Initial drilling at Sunday Creek has been completed with first results due before the end of the month. The drill rig has moved to the Redcastle project and a second drill rig will be mobilized to Mawson's Victorian projects next week. Multiple geophysical crews are active at the Redcastle gold project.Key points:Three initial drill holes for 345 metres have been completed at the Sunday Creek gold project in the Victorian Goldfields. The target was high-grade veining with associated mineralised halos, typical of epizonal-style gold mineralization at the Apollo-Golden Dyke prospect.First results are expected before month's end;The drill rig has moved to the high-grade Redcastle Gold Project where extremely high gold grades were mined over a 4.5 x 7 square kilometre area containing over 24 historic mining areas. They include the Welcome Group of mines that were exploited over 2 kilometres strike length from 1859-1865, down to a maximum depth of 125 metres and extracted 20,583 oz @ 254.6 g/t gold;A second diamond drill rig is expected to be mobilized to Mawson's Victorian projects next week. A total program of 5,000 metres is planned for the remainder of 2020 in Victoria; andGeophysical surveys are ongoing at the Redcastle gold project with two induced polarization crews and one ground magnetics crew. Dipole-dipole IP and detailed gravity will also be undertaken at Redcastle, before crews move to Sunday Creek to perform gradient IP, 3D IP and ground magnetics over the coming months.Mr. Hudson, Chairman and CEO, states: \"The search for the next high-grade epizonal gold deposit is well underway. All hands are on deck as we execute on our drilling and geophysical programs in Australia. We are excited to have completed the first targeted diamond drill holes through the mineralized zone at Sunday Creek and results will start to flow during late September.\"At the Sunday Creek gold project the target is high-grade veining with associated mineralized halos, typical of epizonal-style gold miner...