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Mawson Gold Limited (MWSNF) is a distinguished Nordic exploration company with a successful record in discovering, financing, and advancing mineral projects. The company holds the Skellefteå North gold discovery and a portfolio of historic uranium resources in Sweden. Mawson also holds a significant stake in Southern Cross Gold Ltd. (SXG), which owns high-grade epizonal goldfields in Victoria, Australia, including the Sunday Creek Au-Sb discovery.
SXG's Sunday Creek Project in Victoria continues to produce impressive results, with recent drilling at the Rising Sun prospect uncovering new high-grade vein sets at depth. Drill hole SDDSC118, the deepest on the project, extended mineralization 80 m down dip and intersected multiple high-grade structures, including three new vein sets. Notably, SDDSC118 recorded three >100 g/t AuEq x m intersections and two top 10 results for Sunday Creek, reaffirming the high-grade mineralization and continuity on the project.
Mawson Gold Limited (OTC PINK:MWSNF) reported promising assay results from seven diamond drill holes at the Sunday Creek project in the Victorian Goldfields, Australia. Highlights include:
- 21.7 metres @ 4.7 g/t Au and 1.0% Sb (5.6 g/t AuEq) from hole MDDSC021.
- New high-grade intersections include 0.4 metres @ 145.5 g/t Au and 20.0% Sb.
- Drilling continues with 25 holes completed over 6,005 metres.
Executive Chairman Michael Hudson emphasized the continuity of mineralization and the potential for further discoveries.
Mawson Gold Limited (MWSNF) announced significant gold assays from trenches at its Sunday Creek project in Victoria, Australia. Highlights include 14.0 metres at 11.5 g/t gold and 0.3% antimony from Trench 1, with an exceptional interval of 8.0 metres @ 19.6 g/t gold. The company has completed a total of 24 drill holes totaling 5,561 metres, and is planning to report a maiden resource in 2022. Mawson is conducting a strategic review of its Australian assets to enhance shareholder value, with further results expected soon.
Mawson Gold Limited announced the grant of 250,000 stock options and 700,000 restricted share units (RSUs) to its officers and employees, totaling 950,000 common shares. The stock options are exercisable at $0.22 per share for three years, while the RSUs vest immediately. This move aligns with the Company's Stock Option Plan and RSU Plan, which were last approved by shareholders on November 18, 2020. Mawson continues to focus on its Rajapalot gold-cobalt project in Finland, showcasing an updated inferred mineral resource of 887,000 ounces of gold.
Mawson Gold Limited (MWSNF) has appointed Ivan Fairhall as its new CEO, effective immediately. Fairhall replaces Michael Hudson, who remains as Executive Chairman. This leadership transition aligns with Mawson's strategy to move its Finnish assets from exploration to pre-development. The company has also initiated a strategic review focused on its Australian assets to enhance shareholder value. Under Fairhall's guidance, the Rajapalot project has seen a 47% increase in gold resources, emphasizing its growth potential.
Mawson Gold Limited announced an update on the Inferred Mineral Resource estimate at its Rajapalot project in Finland. The estimate indicates a base case of 10.91 Mt at 3.0 g/t AuEq, totaling 1.04 Moz AuEq. This represents a 19% increase in gold grade and 47% growth in contained gold ounces compared to the previous year. The number of distinct prospects has doubled from four to eight, highlighting strong resource continuity and expansion potential. The project remains underexplored, with only 20% of mineralization covered by drilling.
Mawson Gold Limited (MWSNF) reported the results of its 2020/21 drill program at the Rajapalot gold-cobalt project in Finland, totaling 76 holes and 19,422 meters. Key achievements include the discovery of two new gold-cobalt zones and significant extensions to four existing prospects. Approximately 80% of the Rajapalot area remains untested. Notable drill results include 1.6 meters at 28.3 g/t gold at Joki East and 70.3 meters at 0.9 g/t gold at The Hut. A resource upgrade is anticipated by the end of August 2021.
Mawson Gold Limited (MWSNF) announced promising results from its recent drill program at the Rajapalot gold-cobalt project in Finland. The final 36 drill holes, totaling 8,756.5 meters, showcased significant intersections, including 3.6 meters at 7.4 g/t Au and 2,290 ppm Co. The drilling program, which ran from September 2020, covered 19,422 meters and resulted in the discovery of two new resource areas and extensions of four existing ones. A resource upgrade is anticipated by the end of August 2021.
Mawson Gold Limited (MWSNF) reports promising drill results from the South Palokas prospect at its Rajapalot gold-cobalt project in Finland. The results cover 7 drill holes totaling 2,692 meters from its 2020/21 drilling program. Notable results include PAL0303, which showed 30.8 meters at 3.9 g/t Au and 1,403 ppm Co. This drilling extends high-grade mineralization by 290 meters down plunge. The comprehensive drilling program comprises 76 holes over 19,422 meters. A resource upgrade is anticipated in August 2021.
Mawson Gold Limited (MWSNF) announced significant drill results from its Rajapalot gold-cobalt project in Finland, showcasing potential with drill hole PAL0297 revealing 20.7 metres at 7.4 g/t Au and 111 ppm Co. The recent drilling campaign covers 19,422 metres with 76 completed holes.
Chairman and CEO Mr. Hudson highlighted the high grades and thicknesses found at shallow depths, indicating a promising resource upgrade expected in August 2021. The company continues to demonstrate geological potential and operational efficiency with excellent core recoveries and systematic QA/QC procedures.
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