on Mawson Gold Limited (NASDAQ:MWSNF)
Mawson Gold Announces Significant Gold Discovery at Sunday Creek
Mawson Gold Limited, based in Vancouver, revealed major findings from Southern Cross Gold Ltd. at the Sunday Creek Gold-Antimony Project in Victoria. A notable drill hole, SDDSC145, uncovered a 186-meter stretch with a gold grade of 8.8 g/t, including a peak of 2,541.9 g/t over 0.5 meters. This marks some of the highest gold grades encountered globally.
The Apollo prospect's findings include eight high-grade vein sets, enhancing Sunday Creek's status as a leading gold-antimony discovery. The systematic exploration has successfully delineated a complex structure with veins acting as conduits for exceptional mineralization.
Approximately 20% of the project's value is derived from antimony, increasingly vital due to recent Chinese export restrictions. Further exploration with multiple rigs is in progress to expand these promising results, indicating significant growth potential for Mawson's 48.7% stake in SXG.
R. P.
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