Business
Mawson's Subsidiary SXG Drills 305.8 m @ 2.4 AuEq (1.6 g/t Au, 0.5% Sb) at Sunday Creek, Victoria, Australia
VANCOUVER, BC / ACCESSWIRE / November 21, 2022 / Mawson Gold Limited ("Mawson" or the ...
About this update from Southern Cross Gold Consolidated Ltd.
[{"type":"text","content":"Mawson’s Subsidiary SXG Drills 305.8 m @ 2.4 AuEq (1.6 g/t Au, 0.5% Sb) at Sunday Creek, Victoria, AustraliaVANCOUVER, BC / ACCESSWIRE / November 21, 2022 / Mawson Gold Limited (\"Mawson\" or the \"Company\") (TSX:MAW)(Frankfurt:MXR)(PINKSHEETS:MWSNF) announces a gold-antinomy diamond drill intersection grading 305.8 m @ 2.4 g/t AuEq (1.6 g/t Au, 0.5% Sb) from 319.2 m from holeSDDSC0050 reported by its majority-owned Australian subsidiary, Southern Cross Gold Ltd (\"SXG\"). Mawson currently owns 60% of SXG following its May 2022 initial public offering (\"IPO\") on the Australian Securities Exchange (\"ASX\").Highlights:Hole drilled to test under Rising Sun shoot, with mineralization continuing to a never-before-drilled area between Rising Sun and ApolloDeepest hole on the project by 404.5 m, intersecting nine separate mineralized zones, and at least eight new veins sets.Only 67% of the hole has been assayed so far down to 650 m. Drilling continued to 923.7 m with visible gold noted in restricted sections below assayed intervals (Photos 1-4). There is 270 m of core left to process.305.8 m @ 2.4 g/t AuEq (1.6 g/t Au, 0.5% Sb) from 319.2 m (no lower cut) in SDDSC050. Higher grade zones (3 m @ 0.3 g/t AuEq lower cut) include:29.8 m @ 2.1 g/t AuEq (1.7 g/t Au, 0.3% Sb) from 319.2 m14.5 m @ 4.9 g/t AuEq (4.2 g/t Au, 0.5% Sb) from 439.8 m20.0 m @ 4.4 g/t AuEq (2.2 g/t Au, 1.4% Sb) from 475.0 m5.8 m @ 11.5 g/t AuEq (10.4 g/t Au, 0.7% Sb) from 524.2 m19.2 m @ 1.3 g/t AuEq (1.1 g/t Au, 0.2% Sb) from 533.0 m12.6 m @ 4.7 g/t AuEq (2.1 g/t Au, 1.6% Sb) from 561.0 m13.2 m @ 5.6 g/t AuEq (3.9 g/t Au, 1.1% Sb) from 578.9 m4.7 m @ 3.2 g/t AuEq (1.0 g/t Au, 1.4% Sb) from 611.0 m5.0 m @ 36.1 g/t AuEq (26.4 g/t Au, 6.2% Sb) from 620.0 m12 high-grade intersections >20 g/t Au, including 5 grading >100 g/t Au with assays up to 181.0 g/t Au and 9.7% Sb (196.3 g/t AuEq) with multiple intersections that contained visible gold (Photos 1-4):0.4 m @ 63.9 g/t AuEq (59.8 g/t Au, 2.6% Sb) from 326.0 m0.3 m @ 49.8 g/t AuEq (42.2 g/t Au, 4.9% Sb) from 343.5 m0.4 m @ 44.5 g/t AuEq (29.6 g/t Au, 9.4% Sb) from 419.2 m0.4 m @ 114.1 g/t AuEq (100.0 g/t Au, 8.9% Sb) from 444.8 m0.6 m @ 44.1 g/t AuEq (43.9 g/t Au, 0.1% Sb) from 490.0 m0.3 m @ 196.3 g/t AuEq (181.0 g/t Au, 9.7% Sb) from 525.3 m0.3 m @ 41.0 g/t AuEq (40.1 g/t Au, 0.6% Sb) from 549.2 m0.3 m ...