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Mawson's Subsidiary SXG Drills 2,318 g/t Gold Over 1.0 m in Best Hole at Sunday Creek
Within broader Interval 455.3 m @ 7.2 g/t Au (uncut) Traversing 12 High-Grade Vein Sets High...
About this update from Southern Cross Gold Consolidated Ltd.
[{"type":"text","content":"Mawson's Subsidiary SXG Drills 2,318 g/t Gold Over 1.0 m in Best Hole at Sunday CreekWithin broader Interval 455.3 m @ 7.2 g/t Au (uncut) Traversing 12 High-Grade Vein SetsHighest grade gold ever intersected: 7,330 g/t Au over 0.3 mDemonstrates continuity between extremely high-grade gold interceptsVANCOUVER, BC / ACCESSWIRE / March 5, 2024 / Mawson Gold Limited (\"Mawson\" or the \"Company\") (TSXV:MAW) (Frankfurt:MXR) (PINKSHEETS:MWSNF) announces Southern Cross Gold Ltd. (\"Southern Cross Gold\" or \"SXG\") has released results from SDDSC107 from the Rising Sun prospect, the best hole drilled to date at Sunday Creek, that returned a spectacularly long and high-grade intersection of gold-antimony mineralization including 1.0 m @ 2,318 g/t Au drilled within 455.3 m @ 7.2 g/t Au from 413.6 m (uncut) at the 100%-owned Sunday Creek Project in Victoria, Australia (Figures 1 - 5).Highlights:SDDSC107 drilled at Rising Sun, intercepted the highest-grade gold and best intersection drilled to date at Sunday Creek:0.3 m @ 7,330 g/t Au within 1.0 m @ 2,318 g/t Au (estimated true width (\"ETW\") 0.7 m) from 684.3 mWithin a broader interval traversing 12 high-grade vein sets of 455.3 m @ 7.2 g/t Au (uncut) from 335.0m.SDDSC107 contains 10 assayed intervals > 50g/t Au (up to 7,330 g/t Au) and 13 intervals > 5 % Sb (up to 25.9 % Sb). Cumulatively the hole returned 3,424 AuEq g/t x m.SDDSC107 contained four >100 AuEq g/t x m intersections:15.0 m @ 15.2 g/t AuEq (9.3 g/t Au, 3.7% Sb) from 546.8 m9.1 m @ 40.0 g/t AuEq (39.1 g/t Au, 0.6% Sb) from 566.9 m1.0 m @ 2,318.8 g/t AuEq (2,318.4 g/t Au, 0.3% Sb) from 684.3 m7.6 m @ 13.5 g/t AuEq (13.3 g/t Au, 0.2% Sb) from 782.7 mThe hole was drilled to test strike extent and continuity of 12 high-grade vein set structures 20 m along strike and down-dip from SDDSC077B (404.4 m @ 5.6 g/t AuEq (uncut)) (Figures 3, 4, 5).The highest-grade interval 1.0 m @ 2,318 g/t Au in SDDSC107 is located 17 m down-dip from SDDSC092 (3.3 m @ 267.8 g/t Au including 0.4 m @ 1,610 g/t Au) within vein set RS80,Provides one of the first demonstrations of continuity between extremely high-grade (> 1,000 g/t Au) intersections at Sunday Creek (Figure 3).Seven drillholes at Sunday Creek at are being processed and analysed, with three holes in progress.SXG will be presenting drill core at PDAC in Toronto 2024 at Booth 311...