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Mawson Drills 1.8 m @ 28.4 g/t Gold including 0.4 m @ 132 g/t Gold in Maiden Program at Skellefteå North, Sweden

VANCOUVER, BC / ACCESSWIRE / June 13, 2022 / Mawson Gold Limited ("Mawson") or (the "Co...

articleSouthern Cross Gold Consolidated Ltd.June 13, 20224/company/southern-cross-gold-consolidated-ltd-1/news/mawson-drills-18-m-284-gt-gold-including-04-m-132-gt-gold-in-maiden-program-at-skellefteandxe5-north-sweden-1
Mawson Drills 1.8 m @ 28.4 g/t Gold including 0.4 m @ 132 g/t Gold in Maiden Program at Skellefteå North, Sweden

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[{"type":"text","content":"Mawson Drills 1.8 m @ 28.4 g/t Gold including 0.4 m @ 132 g/t Gold in Maiden Program at Skellefteå North, SwedenVANCOUVER, BC / ACCESSWIRE / June 13, 2022 / Mawson Gold Limited (\"Mawson\") or (the \"Company\") (TSX:MAW)(Frankfurt:MXR)(OTC PINK:MWSNF) announces results from the maiden drill program at the Skellefteå North project in Sweden where Mawson has the right to earn up to 85% of the project. The first two drillholes (DB2201- DB2202), reported here, both intersected significant near surface gold. Drilling of the final hole of the six hole program, which to date has drilled five holes for 591 m, should be completed in the following week. Logging and assay of the unreported drilling metres is currently in progress.Highlights:High-grade gold intersections, including visible gold, reported from the first the two drillholes at Skellefteå North's Dalbacka prospect:1.8 m at 28.4 g/t Au, including 0.4 m at 132 g/t Au, both from 82.8 m4.4 m at 4.8 g/t Au from 40.0 m in DB2201Program targeting mineralized outcrop mapped 180m along surface, coincident with a 2km regional magnetic structure.Mr. Fairhall, CEO, states \"To intersect these grades from near surface, in a premier mining district is a very exciting outcome. Given that these are the first drill holes ever into the project market, these results increases their significance considerably. This once again demonstrates the ability of Mawson's team to find, acquire and explore high quality gold projects within well-known mining jurisdictions.\"Skellefteå North is located in the shadow of the headframe of a number of significant gold mines where >6Moz of gold have been produced from 4 mines within 22 km of the project. These results further highlight the fertility of the Skellefte belt. They also bode very well for the remainder of our drill program, which is initially focusing on testing the 180 m strike of mineralized outcrop and then extend beyond to where mineralization is interpreted to continue under cover, in association with a 2 km long, approximately NW-SE trending magnetic anomaly.\"Mawson is concurrently focused on its PEA work program for Rajapalot in Finland, and benefits from a strong ASX market response to the extremely encouraging Sunday Creek drilling by Southern Cross Gold Ltd (ASX:SXG) in the Victoria Gold Fields of Australia, a company 60...

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