Business
Mawson's Subsidiary SXG Intersects Third Best Hole, 10.4 m @ 22.4 g/t AuEq, at Sunday Creek, Victoria, Australia
Multiple high-grade veins, 9 intersections > 15 g/t gold demonstrating downdip continuity. ...
About this update from Southern Cross Gold Consolidated Ltd.
[{"type":"text","content":"Mawson’s Subsidiary SXG Intersects Third Best Hole, 10.4 m @ 22.4 g/t AuEq, at Sunday Creek, Victoria, AustraliaMultiple high-grade veins, 9 intersections > 15 g/t gold demonstrating downdip continuity.15,000 m still to be drilled in 2023, 4 rigs operating.VANCOUVER, BC / ACCESSWIRE / June 1, 2023 / Mawson Gold Limited (\"Mawson\" or the \"Company\") (TSX:MAW)(Frankfurt:MXR)(PINKSHEETS:MWSNF) announces results from drillhole SDDSC066 at the Sunday Creek Project in Victoria, Australia (Figure 1). Highlights include 10.4 m @ 22.4 g/t gold equivalent (\"AuEq\") (18.6 g/t gold (\"Au\"), 2.4% antimony (\"Sb\")) from 542.2 m.SDDSC066 successfully traversed across multiple (5) high-grade vein sets. Nine intervals >15 g/t Au (up to 188.8 g/t Au), and 6 intervals >5% Sb (up to 22.5% Sb) were intersected.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 and up to 7.5 km along strike at the Tonstal, Consols and Leviathan prospects with 16 holes being processed and analyzed and four holes (SDDSC068, 76, 77 and SDDLV001) in drill progress (Figure 2). Mineralization now extends in the main drill area over 1,350 m from Christina in the far west to SDDSC063.Highlights:SDDSC066 (Figs 3-5) drilled from east to west intersected five main mineralized structures over a 312 m wide downhole interval with multiple high-grade intersections:0.5 m @ 8.1 g/t AuEq (8.1 g/t Au, 0.0% Sb) from 240.1 m0.3 m @ 17.4 g/t AuEq (4.4 g/t Au, 8.3% Sb) from 243.6 m0.2 m @ 34.1 g/t AuEq (26.3 g/t Au, 5.0% Sb) from 297.2 m10.5 m @ 5.8 g/t AuEq (4.2 g/t Au, 1.0% Sb) from 302.8 m, including:0.2 m @ 18.3 g/t AuEq (18.3 g/t Au, 0.0% Sb) from 306.2 m1.0 m @ 23.1 g/t AuEq (12.8 g/t Au, 6.5% Sb) from 308.0 m1.5 m @ 17.4 g/t AuEq (14.2 g/t Au, 2.0% Sb) from 311.0 m7.8 m @ 5.4 g/t AuEq (4.0 g/t Au, 0.9 %Sb) from 401.3 m, including:0.4 m @ 42.7 g/t AuEq (28.1 g/t Au, 9.3% Sb) from 404.6 m0.2 m @ 44.0 g/t AuEq (40.5 g/t Au, 2.2% Sb) from 407.5 m0.2 m @ 31.1 g/t AuEq (26.8 g/t Au, 2.7% Sb) from 408.9 mHighlights:SDDSC066 results continued:0.5 m @ 5.4 g/t AuEq (4.5 g/t Au, 0.6% Sb) from 431.8 m0.2 m @ 18.9 g/t AuEq (8.4 g/t Au, 6.6% Sb) from 506.5 m5.6 m @ 1.9 g/t AuEq (1.5 g/t Au, 0.3% Sb) from 522.8 m, including:0.5 m @ 8.4 g/t AuEq (6.7 g/t Au, 1.0...