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Mawson Drills 30.8 Metres at 3.9 G/T Gold and 1,403 ppm Cobalt in 120 Metre Step Out in Deepest Drillhole at South Palokas, Finland
VANCOUVER, BC / ACCESSWIRE / August 3, 2021 / Mawson Gold Limited ("Mawson") or (the "C...
About this update from Southern Cross Gold Consolidated Ltd.
[{"type":"text","content":"Mawson Drills 30.8 Metres at 3.9 G/T Gold and 1,403 ppm Cobalt in 120 Metre Step Out in Deepest Drillhole at South Palokas, FinlandVANCOUVER, BC / ACCESSWIRE / August 3, 2021 / Mawson Gold Limited (\"Mawson\") or (the \"Company\") (TSX:MAW)(FRA:MXR)(OTC PINK:MWSNF) is pleased to announce drill results from 7 drill holes totaling 2,692 metres from the South Palokas prospect area (Figure 1) 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:PAL0303 drilled 30.8 metres @ 3.9 g/t Au, 1,403 ppm Co, 5.1 g/t AuEq from 553.2metres; including,1.0 metre @ 8.9 g/t Au, 2,164 ppm Co, 10.7 g/t AuEq from 563.9 metres;7.0 metres @ 8.2 g/t Au, 2,020 ppm Co, 9.9 g/t AuEq from 566.9 metres;1.0 metre @ 8.9 g/t Au, 1,036 ppm Co, 9.8 g/t AuEq from 575.0 metres;4.0 metres @ 6.9 g/t Au, 1,460 ppm Co, 8.1 g/t AuEq from 578.0 metres;PAL0303 is the deepest drillhole at South Palokas. The closest high-grade drill hole, PAL0235 intersected 15.3 metres @ 3.0 g/t Au, 998 ppm Co, 3.9 g/t AuEq from 439.5 metres ( reported 29 June, 2021 ) was drilled 120 metres up plunge. In combination, PAL0303 and PAL0235, both drilled this season, extend high-grade mineralization at South Palokas down plunge by 290 metres;Further drilling is required at South Palokas with mineralization remaining open down plunge;PAL0308, drilled 30 metres to the west of PAL0235, intersected 8.5 metres @ 3.1 g/t Au, 866 ppm Co, 3.9 g/t AuEq from 492.6 metres:A further 22.3 metres @ 0.6 g/t Au, 751 ppm Co, 1.3 g/t AuEq from 439.5 metres, including6.0 metres @ 1.4 g/t Au, 1,444 ppm Co, 2.6 g/t AuEq from 439.5 metres.PAL0296 intersected 24.0 metres @ 1.3 /t Au, 538 ppm Co, 1.8 g/t AuEq from 254.0 metres; including:15.0 metres @ 2.0 g/t Au, 652 ppm Co, 2.5 g/t AuEq from 256.0 metres, and7 metres @ 1.8 g/t Au, 288 ppm Co, 2.0 g/t AuEQ from 322.5 metres including :1 metre @ 5.4 g/t Au, 307 ppm Co, 5.7 g/t AuEq from 322.5 metresPAL0296 was drilled 50 metres west from PAL0290 which intersected 20.0 metres @ 1.7 g/t Au, 529 ppm Co, 2.1 g/t AuEq from 240.0 metres, including 11.6 metres @ 2.8 g/t Au, 541ppm Co, 3.2 g/t AuEq from 242.0 metres and was reported 29 June, 2021 ;Mawson completed 76 diamond drill holes for 19,422 metres for the winter 2020/21 season. A total of 7 holes for 2,692 metres ...