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Mawson Gold Reports Promising Drill Results at Apollo Prospect

Mawson Gold Limited has announced significant new drill results from the Apollo prospect. Southern Cross Gold Ltd. (SXG) reported results from three diamond drill holes at the 100%-owned Sunday Creek Gold-Antimony Project in Victoria, Australia.

The highlights include Hole SDDSC128 intersecting 21.9 meters at 4.0 g/t AuEq and 7.8 meters at 7.5 g/t AuEq. The VRIFY AI platform played a key role in identifying these mineralization targets. Notably, this area shows potential extensions of about 400 meters to the east.

Hole SDDSC124, the deepest hole drilled, intercepted eight vein sets, extending mineralization 100 meters down dip. Hole SDDSC127 drilled four vein sets at Apollo East, confirming two new vein zones.

Mawson holds a 48.7% stake in SXG, valued at approximately A$299.4 million. These results confirm the effectiveness of AI-assisted exploration in enhancing geological targeting precision.

R. P.

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