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Mawson Drills 21.0 Metres at 3.4 g/t Gold and 5.0 Metres at 5.2 g/t Gold in Second Hole at Sunday Creek in Victoria, Australia
VANCOUVER, BC / ACCESSWIRE / October 27, 2020 / Mawson Gold Limited ("Mawson" or the "C...
About this update from Southern Cross Gold Consolidated Ltd.
[{"type":"text","content":"Mawson Drills 21.0 Metres at 3.4 g/t Gold and 5.0 Metres at 5.2 g/t Gold in Second Hole at Sunday Creek in Victoria, AustraliaVANCOUVER, BC / ACCESSWIRE / October 27, 2020 / Mawson Gold Limited (\"Mawson\" or the \"Company\") (TSX:MAW)(Frankfurt:MXR)(OTC PINK:MWSNF) is pleased to announce assay results from two further drill holes 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 MDDSC002 intersected 5.0 metres @ 5.2 g/t gold from 53.8 metres including 0.29 metres at 79.4 g/t gold from 53.8 metres (Tables 1-3, Figures 1 and 2) and 21.0 metres @ 3.4 g/t gold from 109.0 metres including 1.1 metres at 22.3 g/t gold from 109.0 metres, while testing immediate down dip extensions of Mawson drill hole MDDSC001 (15.2 metres @ 3.7 g/t gold from surface including 0.6 metres at 17.9 g/t gold from 10.4 metres) and unmined extensions of the historic Apollo mine area below the oxide zone;Diamond drillhole MDDSC003, located 330 metres WNW of MDDSC002, intersected 7.9 metres @ 1.8 g/t gold from 71.7 metres (Tables 1-3, Figures 1 and 3) while testing unmined extensions of the historic Rising Sun area;This is the second set of diamond drilling results that confirm 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 drill-rig has returned to Sunday Creek to continue to define the gold mineralized system to build volume and scale.Mr. Hudson, Chairman and CEO, states, \"These results continue our strong start in Victoria with furthe...