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Mawson's Subsidiary SXG Drills 404 m @ 5.1 g/t Gold (Uncut) Traversing 13 High-Grade Veins 7 Intersections >100 g/t Gold, up to 2,670 g/t Gold Assays Pending on 100 m Step-Out Hole Intersecting Multiple Zones of Visible Gold
VANCOUVER, BC / ACCESSWIRE / September 5, 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 404 m @ 5.1 g/t Gold (Uncut) Traversing 13 High-Grade Veins 7 Intersections >100 g/t Gold, up to 2,670 g/t Gold Assays Pending on 100 m Step-Out Hole Intersecting Multiple Zones of Visible GoldVANCOUVER, BC / ACCESSWIRE / September 5, 2023 / Mawson Gold Limited (\"Mawson\" or the \"Company\") (TSX:MAW)(Frankfurt:MXR)(OTC PINK:MWSNF) announces results from six drillholes (SDDSC068, 73-74, 76, 77B, 78) at the Sunday Creek Project in Victoria, Australia (Figure 1).SDDSC077B drilled 404.4 m @ 5.6 g/t AuEq (5.1 g/t Au, 0.3 %Sb) from 374.0 m (uncut), and traverses 13 individual high-grade vein sets (Figures 3-6). Seven intervals have >100 g/t Au (up to 2,670 g/t Au), 20 intervals at >15 g/t Au and 20 intervals have >5% Sb (up to 55.8% Sb). It is the best hole drilled to date on the project, a spectacularly wide and high-grade intersection of gold-antimony mineralization.SDDSC078 demonstrated the up-dip extension and continuation of five high grade zones towards the surface and SDDSC068 demonstrated the scale of the Sunday Creek system with a 500 m down-dip extension below prior drilling from the Apollo area.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 both in the main drill area where eleven holes (SDDSC079-81, 83-90) are currently being geologically processed and chemically analyzed, with four holes (SDDSC082, 91-93) in drill progress (Figures 5-6) and up to 7.5 km along strike at the Tonstal, Consols and Leviathan prospects where twelve holes (SDDTS001-7, SDDCN001 and SDDLV001-4) for 2,383 m (including two redrilled collars) have now been completed with results expected in the coming weeks (Figure 2).Highlights:Demonstrating Grade: SDDSC077B exceeds the previous best hole by almost three times. It contains the highest grades seen at Sunday Creek to date (up to 2,670 g/t Au) and includes the best intersection at Sunday Creek, as well as two others in the top 10.Hole SDDSC077B intersected 404.4 m @ 5.6 g/t AuEq (5.1 g/t Au, 0.3% Sb) from 374.0 m (uncut). A selection of highlights include:5.6 m @ 17.8 g/t AuEq (14.1 g/t Au, 2.4% Sb) from 392.2 m, including:0.2 m @ 31.5 g/t AuEq (31.4 g/t Au, 0.0% Sb) from 392.2 m0.4 m @ 231.6 g/t AuEq (182.0 g/t Au, 31.4% Sb) from 394.2 m5.4 m @ 39.3 g/t AuEq (3...