Business

Mawson Drills 3.6 metres at 7.4 g/t gold and 2,290 ppm cobalt at the Hut Prospect, Finland

VANCOUVER, BC / ACCESSWIRE / August 17, 2021 / Mawson Gold Limited ("Mawson") or (the "...

articleSouthern Cross Gold Consolidated Ltd.August 17, 20213/company/southern-cross-gold-consolidated-ltd-1/news/mawson-drills-36-metres-at-74-gt-gold-and-2290-ppm-cobalt-at-the-hut-prospect-finland-1
Mawson Drills 3.6 metres at 7.4 g/t gold and 2,290 ppm cobalt at the Hut Prospect, Finland

About this update from Southern Cross Gold Consolidated Ltd.

[{"type":"text","content":"Mawson Drills 3.6 metres at 7.4 g/t gold and 2,290 ppm cobalt at the Hut Prospect, FinlandVANCOUVER, BC / ACCESSWIRE / August 17, 2021 / Mawson Gold Limited (\"Mawson\") or (the \"Company\") (TSX:MAW)(Frankfurt:MXR)(OTC PINK:MWSNF) is pleased to announce drill results from the final 36 drill holes totaling 8,756.5 metres from 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:At the Hut prospect:PAL0301 drilled 3.6 metres @ 7.4 g/t Au, 2,290 ppm Co, 9.4 g/t AuEq from 207.7metres;PAL0291 drilled 1.0 metre @ 11.2 g/t Au, 28 ppm Co, 11.2 g/t AuEq from 106.9 metres and 14.2 metres @ 1.2 g/t Au, 353 ppm Co, 1.5 g/t AuEq from 284.5 metres;At the Rumajärvi prospect:PAL0258 drilled 3.0 metres @ 8.3 g/t Au, 283 ppm Co, 8.6 g/t AuEq from 66.9 metresPAL0267 drilled 27.5 metres @ 0.7 g/t Au, 443 ppm Co, 1.0 g/t AuEq from 30.3 metresAt the South Palokas prospect:PAL0308 drilled 22.3 metres @ 0.6 g/t Au, 751 ppm Co, 1.3 g/t AuEq from 439.5metres and 8.5 metres @ 3.1 g/t Au, 866 ppm Co, 3.9 g/t AuEq from 492.6metres;At the Palokas prospect:PAL0283 drilled 1.0 metre @ 8.2 g/t Au, 52 ppm Co, 8.3 g/t AuEq from 222.8 metres;PAL0293 drilled 7.1 metres @ 1.7 g/t Au, 466 ppm Co, 2.1 g/t AuEq from 260.2 metres and 13.8 metres @ 1.0 g/t Au, 899 ppm Co, 1.7 g/t AuEq from 274.2 metres;At Terry's Hammer prospect:PAL0273 drilled 9.3 metres @ 1.5 g/t Au, 422 ppm Co, 1.9 g/t AuEq from 14.6 metresMr. Hudson, Chairman and CEO, states \"A wealth of grade with good thickness from drill results extending from near surface to depth, contained within a 1.8-kilometre-long trend at Rajapalot, to complete our reporting for the 19.4 km 2021 drill program. Our 2021 drilling program has delivered more economic/grade width intersections than ever before, with the discovery of 2 new resource areas, and the extension of a further 4 more resource areas. With all results now received, we eagerly await the finalization of our next resource upgrade, due before the end of August.\"Gold and cobalt assay results are reported here from the final 36 drill holes totaling 8,756.5 metres from the 2020/21 drill program (Figure 1). In total, since drilling commenced in September 2020, Mawson has drilled 76 drillholes for 19,422 metres. All holes released in this and earlier news release...

More updates from Southern Cross Gold Consolidated Ltd.