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Mawson Drills 15.2 metres at 3.7 g/t Gold from Surface in First Hole at Sunday Creek in Victoria, Australia
VANCOUVER, BC / ACCESSWIRE / October 7, 2020 / Mawson Gold Limited ("Mawson" or the...
About this update from Southern Cross Gold Consolidated Ltd.
[{"type":"text","content":"Mawson Drills 15.2 metres at 3.7 g/t Gold from Surface in First Hole at Sunday Creek in Victoria, AustraliaVANCOUVER, BC / ACCESSWIRE / October 7, 2020 / Mawson Gold Limited (\"Mawson\" or the \"Company\") (TSX:MAW)(Frankfurt:MXR)(OTC PINK:MWSNF) is pleased to announce assay results from the Company's first drill hole from the 100%-owned Sunday Creek project. Drilling is part of an ongoing 5 kilometre program in the Victorian Goldfields of Australia. The project is an epizonal-style gold prospect located 56 kilometres north of Melbourne and contained with 19,365 hectares of both granted and applied for exploration tenements.Highlights: Diamond drillhole MDDSC001 intersected 15.2 metres @ 3.7 g/t gold from surface including 0.6 metres at 17.9 g/t gold from 10.4 metres (Tables 1-2, Figures 1-2) while testing unmined extensions of the historic Apollo mine area;This is the first diamond drilling of this mineralized horizon confirming the tenor of gold mineralization found within earlier reverse-circulation drill results, using orientated HQ-sized core;Historic gold mining between 1880-1920 at Sunday Creek occurred over a greater than 11-kilometre trend. Drilling during 1990-2000s focussed on shallow, previously mined surface workings, covering an area of 100 metres in width, 800 metres length but, only to 80 metres depth. As such, the entire field remains open along strike and to depth;Three initial drill holes (MDDSC001-003) have been completed at the Sunday Creek gold project in the Victorian Goldfields for 345 metres of drilling. Given the intensity, style and grade of mineralization observed in this drilling, a second drill-rig will return to Sunday Creek this week to continue to define the gold mineralized system to build volume and scale.Mr. Hudson, Chairman and CEO, states, \"A strong start to our initial drilling in Australia with good gold grades intersected from surface at our 100%-owned epizonal gold project at Sunday Creek. This result confirms the tenor of gold-mineralization found in poorly located reverse circulation drilling from the 1990s and tested what appears to be an unmined area immediately from the surface. Our drilling has opened up this goldfield once again, and given our developing understanding of the intensity, style, scale and grade of mineralization, we have re-mobilized a second rig back to Sunday Cree...