Welcome to our dedicated page for MAWSON GOLD news (Ticker: MWSNF), a resource for investors and traders seeking the latest updates and insights on MAWSON GOLD stock.
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 announced the results of its maiden preliminary economic assessment (PEA) for the Rajapalot gold-cobalt project in northern Finland. The PEA reveals a post-tax NPV5 of $211 million at $1,700/oz gold and $60,000/t cobalt, with an AISC of $824/oz over a 9-year mine life. The project targets a production of ~700koz gold and ~2800t cobalt. Rajapalot could become the EU's third-largest cobalt mine and sixth-largest gold mine. Initial capex is estimated at $191 million, with significant cash flows projected in the first five years.
Mawson Gold Limited has successfully completed its maiden drilling program at the Skellefteå North Project, Sweden, consisting of six diamond drillholes over 752.8 meters. The final four holes confirmed significant gold intercepts, with grades reaching up to 132 g/t Au. This high-grade gold system extends along 300 meters and remains open for further exploration. Visible gold was observed in three of the six holes. The next steps involve 3D modeling and geochemical sampling to identify future drilling targets.
Mawson Gold Limited (TSX:MAW) has announced new drill results from its majority-owned Australian subsidiary, Southern Cross Gold Ltd, at the Sunday Creek project in Victoria. The highlights include drill hole SDDSC046, which showed significant gold grades of 21.5 m at 15.0 g/t AuEq, including 2.1 m at 121.6 g/t AuEq. This represents the highest mineralization detected to date in the new Rising Sun area, located 350 m from the Apollo site. The company continues its drilling operations with six holes pending assays, indicating strong potential for further discoveries.
Mawson Gold Limited has appointed John Jentz as an Independent Director, enhancing its Board with over 20 years of mining and finance experience. Jentz has previously held key positions in acquisition deals worth ~C$1B and brings expertise in corporate strategy and finance. He holds an HBSc and MBA and is a Chartered Accountant. His appointment includes incentive stock options for 600,000 shares at $0.15 each. CEO Ivan Fairhall expressed confidence in Jentz's ability to drive shareholder value, especially with projects like the 1.04 Moz AuEq Rajapalot project in Finland.
Mawson Gold Limited (MWSNF) has announced an expansion of its exploration strategy at the Rajapalot gold-cobalt project in Finland, increasing the search area by 5,000 ha. This area lies between the 1 Moz AuEq Rajapalot resource and the Rompas system, known for its high-grade gold findings. Recent drone and ground surveys have been completed to identify geological structures linked to significant gold discoveries. CEO Ivan Fairhall emphasized the potential for further gold discoveries despite a large portion of the land remaining underexplored due to glacial cover.
Mawson Gold Limited (OTC PINK: MWSNF) announced the initial drill results from its Skellefteå North project in Sweden, where it can earn up to 85%. The maiden drill program revealed significant gold intersections, including 1.8 m at 28.4 g/t Au and 0.4 m at 132 g/t Au from drillhole DB2202. The project targets a mineralized outcrop along a 180m surface strike associated with a 2 km magnetic anomaly. Mawson's CEO expressed excitement about the high-grade results, emphasizing the area's rich mining history and potential for further discoveries.
Mawson Gold reports significant drill results from its subsidiary Southern Cross Gold's Sunday Creek property in Victoria, Australia. The highlight is a drill hole SDDSC033 showing 119.2 m @ 3.9 g/t AuEq. High-grade intersections include 5.1 m @ 20.3 g/t AuEq and 2.3 m @ 32.0 g/t AuEq. Mawson holds a 60.3% stake in Southern Cross, which raised A$9.1 million in an IPO to fund a 24-month exploration program. Mawson's shares in Southern Cross are valued at approximately C$55.4 million, reflecting a 225% increase since the IPO.
Mawson Gold Limited (OTC PINK: MWSNF) announced promising assay results from its subsidiary Southern Cross Gold Ltd at the Sunday Creek property in Victoria, Australia. Significant findings include 17.3m at 4.9 g/t AuEq and 9.8m at 4.6 g/t AuEq, with continued drilling and assays underway. Mawson holds a 60.3% stake in Southern Cross, which is well-funded following its IPO to enhance exploration activities. The company's market capitalization is approximately C$17 million as of May 24, 2022. CEO Ivan Fairhall highlighted the potential of the Sunday Creek discovery amidst ongoing drilling programs in Sweden and Finland.
FAQ
What is the current stock price of MAWSON GOLD (MWSNF)?
What is the market cap of MAWSON GOLD (MWSNF)?
What makes Mawson Gold Limited stand out in the exploration sector?
What significant project does Mawson Gold Limited have in Australia?
What recent achievements has Southern Cross Gold Ltd. made at the Sunday Creek Project?
What notable results were obtained from drill hole SDDSC118 at Sunday Creek?
