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Mawson Gold Ltd T.MAW


Primary Symbol: V.MAW Alternate Symbol(s):  MWSNF

Mawson Gold Limited is a Canada-based Nordic exploration company. The Company is engaged in gold/uranium exploration. The Company holds the Skelleftea North gold discovery and a portfolio of historic uranium resources in Sweden. The Company owns or controls three high-grade, historic epizonal goldfields covering approximately 470 square kilometers (km2) in Victoria, Australia. Its Australian projects include Sunday Creek, Whroo and Redcastle. It has the right to earn in 85% of the Skelleftea North Gold Project, which consists of approximately 2,500 hectares (ha) of contiguous 100%-owned claims. The Company holds six exploration licenses, which cover over 16,138 ha. All these exploration licenses are granted and are located through central and northern Sweden to explore for zirconium, scandium, yttrium and lanthanum and other lanthanides (rare earths) (Euro Canna projects). The Euro Canna projects also host the majority of Sweden's conventional hardrock historic uranium resources.


TSXV:MAW - Post by User

Post by Betteryear2on May 16, 2023 6:38pm
166 Views
Post# 35451318

Mawson’s Subsidiary SXG Intersects 1.2 m @ 121.8 g/t Au

Mawson’s Subsidiary SXG Intersects 1.2 m @ 121.8 g/t Au

VANCOUVER, BC / ACCESSWIRE / May 16, 2023 / Mawson Gold Limited("Mawson" or the "Company") (TSX:MAW)(Frankfurt:MXR)(OTC PINK: MWSNF) announces results from drillhole SDDSC064 ( 1.2 m @ 121.8 g/t Au from 889.6 m ) from the deepest mineralization (830 m vertically below surface) and one of the two highest grade intersections to date, and a 115 m down-dip extension from SDDSC061 (12.0 m @ 7.4 g/t AuEq incl 0.3 m @ 249.5 g/t AuEq) at the Sunday Creek Project in Victoria, Australia (Figure 1). Of major importance is the increasing abundance of visible gold at depth at Sunday Creek (Photos 1-4), as is typical for epizonal deposits.

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 prospect with 16 holes being processed and analyzed and four drill rigs operating. Mineralization now extends in the main drill area over 1,350 m from Christina in the far west to SDDSC063.

Mawson’s Subsidiary SXG Intersects 1.2 m @ 121.8 g/t Au in Deepest Hole with Visible Gold Increasing with Depth at Sunday Creek, Victoria, Australia (accesswire.com)

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