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Mawson Completes Maiden Drilling at Skellefteå North Gold Project in Sweden
VANCOUVER, BC / ACCESSWIRE / October 11, 2022 / Mawson Gold Limited ("Mawson") or (the ...
About this update from Southern Cross Gold Consolidated Ltd.
[{"type":"text","content":"Mawson Completes Maiden Drilling at Skellefteå North Gold Project in SwedenVANCOUVER, BC / ACCESSWIRE / October 11, 2022 / Mawson Gold Limited (\"Mawson\") or (the \"Company\") (TSX:MAW)(Frankfurt:MXR)(OTC PINK:MWSNF) announces completion of the maiden drilling program at the Skellefteå North Project in Sweden. Six diamond drillholes were drilled for a total of 752.8 metres. The final four holes are reported here.The maiden drill program at the Skellefteå Project focused on testing the proposed down-dip, and along-strike extension of an outcropping and previous undrilled mineralized-dyke system. Gold is intimately related to the arsenopyrite-bearing, sheeted-quartz-vein system hosted within the dyke, with gold occurring both within individual quartz veins, and outside of veins within their wall-rock material that also contains similarly elevated arsenopyrite and silica/quartz mineralogy. Four of six holes returned significant gold intercepts, identifying a high-grade gold-shoot which will be further explored in a future drilling program.Highlights:Drilling has defined gold mineralization, which can develop at extremely high grades (up to 132g/t Au), along 300 m of explored strike-length which remains open in all directions. The remaining four diamond drillholes of the six hole program (DB2203-6) targeted the western strike-extension and are reported here.All holes reported here intercepted the mafic-dyke host unit with highly-elevated arsenic values (> 400 ppm As) drillholes.Better results from the final four holes reported here include drill holes DB2205 and DB2206 which intersected 5.7 m @ 1.2 g/t Au from 81.9 m, and 1.2 m @ 0.6 g/t Au from 56.35 m, respectively.Program highlights include visible gold observed in three of six holes drilled at the Dalbacka Prospect, with best results including:1.8 m at 28.4 g/t Au from 82.8m in DB2202, including 0.35 m at 132 g/t Au (reported June 13, 2022)4.4 m at 4.8 g/t Au from 40m in DB2201, including 0.38 m at 24.3 g/t (reported June 13, 2022)The next steps to define targets for the Stage 2 drill program include 3D-modelling of the system to define high-grade controls on gold mineralization, high resolution ground magnetics and surface geochemical sampling.Mr. Fairhall, CEO, states: \"The maiden drill program at Skellefteå has proven very high grades (up to 132 g/t A...