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Mawson Drills 11.5 Metres at 3.3 g/t Gold and 4.2 Metres at 3.4 g/t Gold at Sunday Creek in Victoria, Australia
VANCOUVER, BC / ACCESSWIRE / January 5, 2021 / Mawson Gold Limited ("Mawson" or the "Co...
About this update from Southern Cross Gold Consolidated Ltd.
[{"type":"text","content":"Mawson Drills 11.5 Metres at 3.3 g/t Gold and 4.2 Metres at 3.4 g/t Gold at Sunday Creek in Victoria, AustraliaVANCOUVER, BC / ACCESSWIRE / January 5, 2021 / Mawson Gold Limited (\"Mawson\" or the \"Company\") (TSX:MAW)(FSE:MXR)(OTC PINK:MWSNF) is pleased to announce assay results from two further drill holes (MDDSC004-05) from the 100%-owned Sunday Creek project in the Victorian Goldfields of Australia. The project is an epizonal-style gold prospect located 56 kilometres north of Melbourne and contained within 19,365 hectares of granted exploration tenements.Highlights: Diamond drillhole MDDSC005 intersected 4.2 metres @ 3.4 g/t gold from 88.0 metres and 11.5 metres @ 3.3 g/t gold from 123.7 metres including 0.1 metres @ 52.6 g/t gold from 123.7 metres, 0.3 metres @ 17.9 g/t gold from 128.2 metres and 0.3 metres @ 45.1 g/t gold from 133.5 metres, while testing the parallel and down dip extensions of the historic Apollo mine area (Tables 1-3, Figure 1, Photos 1-2). Visible gold was observed within quartz+stibnite veins at 88.7 metres, 123.7 metres, 128.2 metres and 130.9 metres (Photo 1). Without applying a lower cut, the mineralized zone assayed 47.5 metres @ 1.3 g/t gold from 88.0 metres that also included an historic mine working, with no core recovery, from 100.4 to 103.4 metres;Diamond drillhole MDDSC004, drilled 400 metres WNW of MDDSC005, intersected a low gold mineralized zone between 44 metres to 104 metres (50 metres downhole width) at the Golden Dyke mine area. The hole intersected an unrecorded historic mining void between 71.4 metres to 78.6 metres with 5.2 metres core loss, leaving potential to test the mined-out zone at deeper levels;Ten drill holes (MDDSC001-010) with one hole in progress (MDDSC0011) for 1,504 metres have been now completed at the Sunday Creek gold project in the Victorian Goldfields. Drilling continues from early January 2021 after a short Christmas break and assay results will be released during the New Year as they become available; andFifteen holes (MDDRE001-015) for 2,774.8 m have also been drilled at the Redcastle Project. First results will be released shortly. The Phase 1 drill program at Redcastle was completed immediately prior to Christmas and the drill rig will move to the Doctors Gully prospect in the Whroo Goldfield.Mr. Hudson, Chairman and CEO, states, \"We continue to drill strong...