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Mawson's Subsidiary SXG Drills 20.0 m @ 62.7 g/t Gold Within the RS50 Vein at Sunday Creek 100 m Up-Dip Extension from Previously Announced Results Up to 1,490 g/t Gold
Assays Pending for 17 Holes VANCOUVER, BC / ACCESSWIRE / November 9, 2023 / Mawson Gold Li...
About this update from Southern Cross Gold Consolidated Ltd.
[{"type":"text","content":"Mawson’s Subsidiary SXG Drills 20.0 m @ 62.7 g/t Gold Within the RS50 Vein at Sunday Creek 100 m Up-Dip Extension from Previously Announced Results Up to 1,490 g/t GoldAssays Pending for 17 HolesVANCOUVER, BC / ACCESSWIRE / November 9, 2023 / Mawson Gold Limited (\"Mawson\" or the \"Company\") (TSX:MAW)(Frankfurt:MXR)(OTC PINK:MWSNF) announces further high grades from drill hole SDDSC091 including 20.0 m @ 62.7 g/t Au from 430.0 m drilled in a 100 m up-dip extension of a previous drilled mineralized zone, at the Sunday Creek Project in Victoria, Australia, owned 100% by Southern Cross Gold Ltd. (\"Southern Cross Gold\" or \"SXG\") (Figure 7).SDDSC091, drilled at Rising Sun, is significant as it was drilled to target one vein set, RS50, in a NE to SW drill orientation (unlike recent west to east drill orientations that targeted multiple veins). The hole hit a continuous section of high grades (Table 1) with three intervals assaying >50 g/t Au including 0.4 m @ 950.0 g/t Au, 0.5 m @ 1,490.0 g/t Au and 0.6 m @ 65.4 g/t Au demonstrating the extremely high-grade tenor and scale of individual veins at the Sunday Creek Project.Sunday Creek is 100% owned by Southern Cross Gold (\"SXG\"), which is an ASX listed company owned 51% by Mawson. Four rigs continue to drill in the main drill area at Sunday Creek where 18 holes (SDDSC079, 83, 85-86, 88-99, 101, 103) are currently being geologically processed and chemically analyzed, and four holes (SDDSC0100, 102, 104, 105) are in drill progress (Figures 1-3).Highlights:SDDSC091 drilled at the Rising Sun Prospect intersected 20.0 m (estimated true width or \"ETW\" 11.6 m) @ 63.6 g/t AuEq (62.7 g/t Au, 0.5% Sb) from 430.0 m including:0.4 m @ 955.6 g/t AuEq (950.0 g/t Au, 3.6% Sb) from 438.4 m, and0.5 m @ 1,497.4 g/t AuEq (1,490.0 g/t Au, 4.7% Sb) from 438.8 m, and0.6 m @ 66.5 g/t AuEq (65.4 g/t Au, 0.7% Sb) from 439.6 m• SDDSC091 drilled the RS50 vein and is a 100 m up-dip extension from an intersection in drill hole SDDSC077B (6.5 m @ 10.2 g/t AuEq), previously announced on September 5, 2023 (Figures 1-5).• Additionally, a further 2 holes (SDDSC079, SDDSC085) are reported from deeper drilling at Apollo. (Figure 3). These holes are important as they demonstrate the mineralized system extends 500 m below high-grade drilling at Apollo. Highlights include:SDDSC079, a 100 m do...