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Mawson Intersects 15.3 metres at 3.0 g/t gold, 998 ppm cobalt and 11.0 metres at 4.0 g/t gold, 756 ppm cobalt at South Palokas, Finland
VANCOUVER, BC / ACCESSWIRE / June 29, 2021 / Mawson Gold Limited ("Mawson") or (the "Co...
About this update from Southern Cross Gold Consolidated Ltd.
[{"type":"text","content":"Mawson Intersects 15.3 metres at 3.0 g/t gold, 998 ppm cobalt and 11.0 metres at 4.0 g/t gold, 756 ppm cobalt at South Palokas, FinlandVANCOUVER, BC / ACCESSWIRE / June 29, 2021 / Mawson Gold Limited (\"Mawson\") or (the \"Company\") (TSX:MAW)(Frankfurt:MXR)(OTC PINK:MWSNF) is pleased to announce new results from three drillholes from the South Palokas prospect, completed during the recent 19.4 kilometre drill program at the Company's 100%-owned Rajapalot project in Finland. These increase the mineralized footprint and improve continuity of previous high-grade intersections.Highlights:Results are presented here for three diamond drill holes totalling 853.5 metres from the South Palokas prospect as part of the Company's 76-hole, 19,422 metre 2020/21 drill program at the Company's 100%-owned Rajapalot project in Finland (Figure 1).PAL0235 intersected 15.3 metres @ 3.0 g/t Au, 998 ppm Co, 3.9 g/t AuEq from 439.5metres including 2.0 metres @ 11.2 g/t Au, 1,019 ppm Co, 12.0 g/t AuEq from 447.5 metres:PAL0235 significantly opens up high-grade gold potential at depth at South Palokas. The closest high-grade drill hole, located 160 metres up plunge from PAL0235, was previously reported PAL0213 (17.7 metres @ 3.8 g/t Au, 880 ppm Co, 4.3 g/t AuEq from 293.0 metres and 6.0 metres @ 9.2 g/t Au, 1,364 ppm Co, 10.0 g/t AuEq from 317.0 metres;PAL0235 was deepened this drill season following its early termination at 176.9 metres last drill season owing to the spring thaw in 2020;PAL0288 intersected 11.0 metres @ 4.0 g/t Au, 756 ppm Co, 4.6 g/t AuEq from 119.0metres (vertical depth 105 metres), including 4.0 metres @ 9.6 g/t Au, 676 ppm Co, 10.1 g/t AuEq from 124.0 metres.PAL0288 was drilled on a section between holes PAL0122 and PAL0204 (17.7 metres @ 3.8 g/t Au, 880 ppm Co from 293.0 metres ) that lies within the confines of the Whittle Constrained pit published as part of the 2020 Inferred Mineral Resource .PAL0290 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;PAL0290 was drilled 30 metres to the west of PAL0173 ( 17.0 metres @ 3.0 g/t Au, 827 ppm Co, 4.3 g/t AuEq ) to determine the grade and western extents of the mineralization beyond the 2020 Inferred Mineral Resource;A total of 47 drill holes for 11,746 metres from five indivi...