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Mawson's Subsidiary SXG Drills 3.1 Metres @ 20.6 g/t Gold Extends Mineralization 250 Metres West
VANCOUVER, BC / ACCESSWIRE / November 30, 2023 / Mawson Gold Limited ("Mawson" or the "Compa...
About this update from Southern Cross Gold Consolidated Ltd.
[{"type":"text","content":"Mawson’s Subsidiary SXG Drills 3.1 Metres @ 20.6 g/t Gold Extends Mineralization 250 Metres WestVANCOUVER, BC / ACCESSWIRE / November 30, 2023 / Mawson Gold Limited (\"Mawson\" or the \"Company\") (TSX:MAW)(Frankfurt:MXR)(OTC PINK:MWSNF) announces further high-grade mineralization and two new vein sets from four drill holes (SDDSC083, 86, 89 and 90) between the historic Golden Dyke and Christina mining areas, at the Sunday Creek Project in Victoria, Australia, owned 100% by Southern Cross Gold Ltd. (\"Southern Cross Gold\" or \"SXG\") (Figure 5).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 16 holes (SDDSC092-106, 109) are currently being geologically processed and chemically analyzed, and four holes (SDDSC0107, 108A, 110, 111) are in drill progress (Figures 1-3).Highlights:High-grade mineralization within two new vein sets have been drilled up to 250 m west and down to 240 m vertically below surface in a previously undrilled area between the historic Golden Dyke and Christina mining areas:Drilled footprint of mineralization now extends more than 1.1 km in core area.Results demonstrate further vein sets and the potential for multiple repeats and extensions of vein sets at depth in undrilled areas from the western most drilling at Rising Sun (SDDSC082) to Christina within a 700 m undrilled area (Figure 3).• Highlights include:SDDSC086 (150 m west of previous drilling):2.8 m @ 7.4 g/t AuEq (4.4 g/t Au, 1.9% Sb) from 252.7 m, including:0.5 m @ 38.4 g/t AuEq (22.1 g/t Au, 10.3% Sb) from 252.7 m3.1 m @ 21.3 g/t AuEq (20.6 g/t Au, 0.4% Sb) from 266.5 m, including:1.8 m @ 35.3 g/t AuEq (34.5 g/t Au, 0.5% Sb) from 266.5 mSDDSC090 (250 m west of previous drilling):9.8 m @ 4.6 g/t AuEq (4.0 g/t Au, 0.4% Sb) from 346.9 m, including:2.2 m @ 12.7 g/t AuEq (11.0 g/t Au, 1.1% Sb) from 347.6 mA further two holes are reported, SDDSC083 drilled between mineralized veins sets, hit a broad low-grade \"near miss\". SDDSC089, drilled 100 m below and 30 m NW of SDDSC086 intersected a lower grade along strike halo from SDDSC086. Highlights included 1.5 m @ 2.3 g/t AuEq (2.3 g/t Au, 0.0% Sb) from 334.1 m. With only four holes drilled, most of the mineralized host in this area remains untested.Mawson ow...