Mawson Gold Ltd V.MAW

Alternate Symbol(s): MWSNF

Metals & Mining Gold

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.

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Mawson Gold Ltd

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Post by Betteryear2on Mar 08, 2022 6:04am

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Post# 34493905

Mawson Drills 5.6 metres @ 10.0 g/t AuEq in Deepest Hole

VANCOUVER, BC / ACCESSWIRE / March 8, 2022 / Mawson Gold Limited ("Mawson" or the "Company") (TSX:MAW)(FRA:MXR)(OTC PINK:MWSNF) is pleased to announce assay results from the deepest diamond drill hole (MDDSC026) drilled at the Sunday Creek project in the Victorian Goldfields of Australia. The Sunday Creek epizonal-style gold project is located 60 kilometres north of Melbourne and within 19,365 hectares of granted exploration tenements.

Highlights:

5.6 metres @ 9.2 g/t Au and 0.8% Sb (10.0 g/t AuEq) from 469.7 metres in hole MDDSC026, including:
- 1.2 metres @ 36.2 g/t Au and 3.3% Sb (39.4 g/t AuEq) from 470.0 metres.
Increases mineralization depth to 420 metres vertical, the deepest drill hole at Sunday Creek.
Drilled on the same mineralized shoot 130 metres west and below previously reported MDDSC025, which intersected 11.7 metres @ 16.0 g/t AuEq from 362.0 metres (Tables 1-3, Figures 1-3).
Prospectus to be lodged in March for the proposed spin-out of Mawson's Australian assets onto the Australian Securities Exchange ("ASX").