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Mawson's Subsidiary SXG Intersects 0.6 m @ 161.6 g/t AuEq (87.6 g/t Au, 46.8 %Sb) from New Vein, at Sunday Creek, Victoria, Australia
VANCOUVER, BC / ACCESSWIRE / July 5, 2023 / Mawson Gold Limited ("Mawson" or the "Company"...
About this update from Southern Cross Gold Consolidated Ltd.
[{"type":"text","content":"Mawson’s Subsidiary SXG Intersects 0.6 m @ 161.6 g/t AuEq (87.6 g/t Au, 46.8 %Sb) from New Vein, at Sunday Creek, Victoria, AustraliaVANCOUVER, BC / ACCESSWIRE / July 5, 2023 / Mawson Gold Limited (\"Mawson\" or the \"Company\") (TSX:MAW)(Frankfurt:MXR)(OTC Pink:MWSNF) announces results from six drillholes at the Sunday Creek, Australia (SDDSC067, 69-72, 75; Figure 1).Highlights include 0.6 m @ 161.6 g/t gold equivalent (\"AuEq\") (87.6 g/t gold (\"Au\"), 46.8 % antimony (\"Sb\")) from 415.7 m in SDDSC067, drilled into a new vein west of the Rising Sun area, indicating the prospectivity and opportunity for further high-grade discoveries across the Sunday Creek project, with a majority of the core area undrilled to date.Sunday Creek is 100% owned by Southern Cross Gold (\"SXG\"), which is an ASX-listed company owned 51% by Mawson.Highlights:Six drillholes are reported with some of the highest grades of antimony (up to 54.0% Sb) and gold (up to 140.0 g/t Au) on the project. All holes demonstrate continuity of mineralised structures from near surface to 700 m vertical depth.SDDSC067 drilled a new vein to the west of the Rising Sun vein, previously only intersected by SDDSC050. SDDSC067 was drilled 115 m above SDDSC050 and highlights the continuity of mineralised structures at Sunday Creek. Highlights included:0.6 m @ 161.6 g/t AuEq (87.6 g/t Au, 46.8% Sb) from 415.7 m, including:0.1 m @ 170.5 g/t AuEq (140.0 g/t Au, 19.3% Sb) from 415.7 m0.5 m @ 159.3 g/t AuEq (74.0 g/t Au, 54.0% Sb) from 415.8 mSDDSC069 tested the Windsor Castle vein east of Rising Sun. The hole was drilled perpendicularly across SDDSC053 and demonstrated continuity of higher-grade mineralisation. Highlights included:2.1 m @ 6.2 g/t AuEq (5.0 g/t Au, 0.7% Sb) from 294.4 m, including:0.4 m @ 24.7 g/t AuEq (21.0 g/t Au, 2.3% Sb) from 294.4 mNoora Ahola, Mawson Interim CEO, states: \"These high-grade antimony and gold results are again a remarkable indication of what's still to be discovered at Sunday Creek Project. Hole by hole the project is developing for SXG into a significant project, which adds significantly to Mawson's underlying value.\"Results discussionFive drill holes (SDDSC067, 69-72) were drilled into the central portion of the Sunday Creek prospect, where four veins sets (Rising Sun, Windsor Castle plus 2 unnamed) over a 60 m true thickness, have...