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SXG Drills 473.0 g/t Gold Over 0.5 Metres at Sunday Creek
Multiple High-Grade Structures Extend Mineralization Announces 60 km Drill Program Over Comi...
About this update from Southern Cross Gold Consolidated Ltd.
[{"type":"text","content":"SXG Drills 473.0 g/t Gold Over 0.5 Metres at Sunday CreekMultiple High-Grade Structures Extend MineralizationAnnounces 60 km Drill Program Over Coming Year VANCOUVER, BC / ACCESSWIRE / May 30, 2024 / Mawson Gold Limited (\"Mawson\" or the \"Company\") (TSXV:MAW)(Frankfurt:MXR)(OTC PINK:MWSNF) announces Southern Cross Gold Ltd. (\"Southern Cross Gold\" or \"SXG\") has released results from two diamond drillholes from the Rising Sun prospect at its 100%-owned Sunday Creek Project in Victoria, Australia (Figures 1 to 6). Both holes intersected multiple high-grade structures and were successful in extending mineralization beyond the bounds of the modelled mineralized domains as well as defining continuity in other areas.Highlights:SDDSC115A intercepted eleven high-grade mineralized structures at Rising Sun over a downhole width of 365.7 m from 512.4 m. This hole contains six assayed intervals of > 50 g/t Au (up to 202 g/t Au), and five assayed intervals > 5% Sb (up to 26.3% Sb) with drill highlights:1.5 m @ 12.4 g/t AuEq (10.6 g/t Au, 1.0% Sb) from 532.6 m3.3 m @ 6.4 g/t AuEq (2.6 g/t Au, 2.0% Sb) from 563.6 m0.2 m @ 25.9 g/t AuEq (15.4 g/t Au, 5.6% Sb) from 573.7 m10.4 m @ 3.0 g/t AuEq (1.2 g/t Au, 1.0% Sb) from 580.0 m3.2 m @ 48.2 g/t AuEq (45.3 g/t Au, 1.5% Sb) from 643.4m (ETW 2.5 m)0.3 m @ 87.2 g/t AuEq (86.4 g/t Au, 0.4% Sb) from 707.7 m0.1 m @ 95.3 g/t AuEq (87.1 g/t Au, 4.3% Sb) from 719.5 mSDDSC117 was drilled to test strike continuity of two high-grade targets in the footwall of the mineralized host and intercepted eight mineralized structures. This hole contains 3 assayed intervals of > 20 g/t Au (up to 473.0 g/t Au) with drill highlights:8.7 m @ 4.1 g/t AuEq (3.5 g/t Au, 0.3% Sb) from 741.9 m0.5 m @ 473.1 g/t AuEq (473.0 g/t Au, 0.0% Sb) from 913.6 m (ETW 0.3 m)The SXG Board has approved plans to drill 60 km over the next year , with a fifth drill rig to commence within weeks and a sixth rig to arrive during September 2024.SXG is commencing a specialized navigational (\"NAVI\") downhole application utilizing down hole motors to undertake detailed drilling (at approximately 20 m spacing) around super high-grade areas with the aim to build further confidence of grade continuity between high-grade intersections.Seven drillholes at Sunday Creek are currently being processed and analyzed, with 4 holes in progress.Maw...