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Mawson Details Mining History of the Redcastle High-Grade Gold Project in Victoria
VANCOUVER, CA / ACCESSWIRE / July 22, 2020 / Mawson Resources Limited ("Mawson") or (...
About this update from Southern Cross Gold Consolidated Ltd.
[{"type":"text","content":"Mawson Details Mining History of the Redcastle High-Grade Gold Project in VictoriaVANCOUVER, CA / ACCESSWIRE / July 22, 2020 / Mawson Resources Limited (\"Mawson\") or (the \"Company\") (TSX:MAW)(Frankfurt:MXR)(OTC Pink:MWSNF) is pleased to announce an historical summary of the Redcastle epizonal gold project in Victoria, Australia following the recently released overview and work plans for the project.Highlights: Redcastle, located in Victoria, Australia is one of the most significant historic epizonal goldfields in the state, with high-grades and common visible gold in a quartz (+/- stibnite association);The first mined of three historic central Victorian goldfields (ca. 1859). Mining at the nearby Costerfield and Fosterville began later in ca. 1860s and 1890s respectively (Figure 1);Extremely high gold grades were mined over a 4.5 x 7 square kilometre area containing over 24 historic mining areas that extend over a combined 17 kilometres of combined high-grade vein strike;Mawson to commence a detailed geophysics programme during July, followed by a diamond drilling campaign in at both the Sunday Creek and Redcastle projects in Victoria, commencing from mid-August.Mr. Hudson, Chairman and CEO, states, \"The extremely high grade, free and visible gold associated with quartz and stibnite at Redcastle developed over a significant area make it one of the key high grade epizonal gold fields in Victoria, along with the Swan Zone at Fosterville and the Costerfield Mine, which lies immediately along strike to the south. It remains astounding that the project remains untested below the water table (50 metres average depth). Mawson will commence geophysics at Redcastle during July, followed by a diamond drilling program in late August/early September.\" Redcastle HistoryRedcastle was discovered in 1859 at the Staffordshire Flat alluvial field. The first hardrock gold discovery was Clarke's Mine in 1859 by a party of Italians and Austrians, led by Antonio Geronovitch, then named the Balmoral Diggings. ‘Redcastle' a name of Scottish origin, displaced Balmoral (also of Scottish origin) in 1860. In Bailliere's Victorian gazetteer (1865), it was reported that Redcastle had police and court facilities, a post office, two hotels and three quartz-crushing mills. Mining was most active between 1859 - 1865 and to a lesser extent from 1866-...