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Mawson Drills 20.7 metres @ 7.4 g/t gold from 74 metres at the Raja Prospect in Finland Including 2.2 metres @ 32.6 g/t gold and 3.0 metres @ 19.4 g/t gold
VANCOUVER. BC / ACCESSWIRE / July 13, 2021 / Mawson Gold Limited ("Mawson") or (the "Co...
About this update from Southern Cross Gold Consolidated Ltd.
[{"type":"text","content":"Mawson Drills 20.7 metres @ 7.4 g/t gold from 74 metres at the Raja Prospect in Finland Including 2.2 metres @ 32.6 g/t gold and 3.0 metres @ 19.4 g/t goldVANCOUVER. BC / ACCESSWIRE / July 13, 2021 / Mawson Gold Limited (\"Mawson\") or (the \"Company\") (TSX:MAW)(Frankfurt:MXR)(OTC PINK:MWSNF) is pleased to announce new drill results from 4 drill holes at the Raja prospect as part of the Company's 76 hole, 19,422 metre 2020/21 drill program at the Company's 100%-owned Rajapalot gold-cobalt project in Finland (Figure 1).Highlights:Drill hole PAL0297 intersected 20.7 metres @ 7.4 g/t Au, 111 ppm Co, 7.5 g/t AuEq from 74.0 metres, including:2.2 metres @ 32.6 g/t Au, 91 ppm Co, 32.7 g.t AuEq from 75.0 metres;3.0 metres @ 19.4 g/t Au, 181 ppm Co, 19.5 g/t AuEq from 90.7 metres;Drill hole PAL0295 intersected 15.7 metres @ 3.8 g/t Au, 783 ppm Co, 4.5 g/t AuEq from 74.0metres,including 6.0 metres at 8.5 g/t Au, 344 ppm Co, 8.8 g/t AuEq from 63.0 metres;Drill hole PAL0302 intersected 2.0 metres @ 7.1 g/t Au, 96 ppm Co, 7.2 g/t AuEq from 97.4 metres.All holes were drilled on a shallow 90-metre-wide cross section at the Raja prospect and were targeted to test an undrilled shallow area. The holes are located 250 metres up-plunge from PAL0093 that intersected 33.6 metres @ 8.0 g/t gold and 823 ppm cobalt from 243.0 metres (press release of June 27, 2018 ).In total, since drilling commenced in September 2020, Mawson has drilled 76 drillholes for 19,422 metres. A total of 4 holes for 616 metres are presented here;A total 43 drill holes for 11,130 from 5 individual prospect areas remain to be reported, with a resource upgrade scheduled during August 2021.Mr. Hudson, Chairman and CEO, states, \"To discover such high grades, over broad widths and at such shallow depths is demonstrative of both the untapped potential of this expanding camp scale discovery in Finland, as well as the continued geological understanding being developed by our experienced Finnish project team. These results more than double the grade and thickness of the shallow parts of the Raja prospect and provide further encouragement as we move towards our soon to be announced resource upgrade for Rajapalot.\"Gold and cobalt assay results are reported here from 4 holes for 616 metres from the 2020/21 drill program, which is now complete; Figure 1). In total, since drilling commenc...