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SXG Drills 470 Metre Downdip Extension Below Historic Golden Dyke Mine
Includes 0.4 m @ 44.4 g/t Gold, 0.6 m @ 14.6 g/t Au, and 0.2 m @ 29.0 g/t Au VANCOUVER, BC /...
About this update from Southern Cross Gold Consolidated Ltd.
[{"type":"text","content":"SXG Drills 470 Metre Downdip Extension Below Historic Golden Dyke MineIncludes 0.4 m @ 44.4 g/t Gold, 0.6 m @ 14.6 g/t Au, and 0.2 m @ 29.0 g/t Au VANCOUVER, BC / ACCESSWIRE / August 27, 2024 / Mawson Gold Limited (\"Mawson\" or the \"Company\") (TSXV:MAW)(Frankfurt:MXR)(OTC PINK:MWSNF) announces that Southern Cross Gold Ltd. (\"Southern Cross Gold\" or \"SXG\") has released results from two \"control\" diamond drill holes (SDDSC125 and SDDSC126) which significantly extend the exploration target area . SDDSC125 and SDDSC126 were drilled 190 m and 470 m respectively below the base of the historic Golden Dyke mine area at the 100%-owned Sunday Creek Project in Victoria, Australia (Figure 4).Highlights:Two large step-out \"control\" diamond drill holes (SDDSC125 and SDDSC126) drilled perpendicular to the dyke breccia host rock but sub parallel to mineralized veins at the Golden Dyke prospect significantly extend the exploration target area as reported on 23 Jan 2024.SDDSC125 and SDDSC126 drilled 190 m and 470 m respectively below the base of the most productive historic mine on the 10 km long Sunday Creek field.SDDSC126 successfully intersected the dyke/breccia/altered sediment host structure down hole from 793 m to 836 m and drilled three high-grade vein sets 470 m below historic workings. It included four assayed intervals of > 10 g/t Au (up to 44.4 g/t Au) . Selected highlights include (Figures 1 and 2):0.6 m @ 14.6 g/t AuEq (14.6 g/t Au, 0.0% Sb) from 807.0 m4.8 m @ 2.4 g/t AuEq (2.4 g/t Au, 0.0% Sb) from 821.0 m, including:0.2 m @ 29.0 g/t AuEq (29.0 g/t Au, 0.0% Sb) from 822.4 m1.8 m @ 13.0 g/t AuEq (11.3 g/t Au, 0.9% Sb) from 833.6 m, including:0.4 m @ 49.3 g/t AuEq (44.4 g/t Au, 2.6% Sb) from 834.9 mSDDSC125 intersected the dyke/breccia/altered sediment host structure down hole from 390 m to 415 m in a 190 m step out below historic workings, proving the mineralized host continues along strike and at depth. Highlights included 1.0 m @ 2.4 g/t AuEq (1.4 g/t Au, 0.5% Sb) from 414.7 m (Figures 1 and 2).With these control holes now completed, the next steps at Golden Dyke are to drill east to west holes parallel to mineralized host structure (the ladder \"rails\") and at high angle to the vein sets (\"rungs\"). Three east to west holes (SDDSC130, 132 and138) have now completed with results pending.Cumulatively, 130 drill hole...