on Mawson Gold Limited (NASDAQ:MWSNF)
Southern Cross Gold's Drilling Validates Rising Sun Vein Continuity
Southern Cross Gold Ltd. (SXG) reported promising drill results at the Rising Sun prospect within the Sunday Creek Gold-Antimony Project in Victoria. The NAVI drill program confirmed structural and grade continuity, detecting additional mineralized vein sets not previously identified. Key findings include intercepts from drill hole SDDSC050W2, which revealed significant gold concentrations, notably 1.3 m at 52.6 g/t gold from 730.0 m depth.
Another prominent drill, SDDSC092W3, revealed new mineralization and verified continuity close to prior findings. The results included 0.6 m at 10.1 g/t AuEq (6.3 g/t Au and 2.0% Sb). The findings demonstrate potential in underexplored sections.
Ongoing exploration plans involve 60 km of further drilling, aiming to deepen understanding of the site's potential. Mawson Gold Limited, owning a substantial stake in SXG, views these developments as pivotal to advancing the project's geological model.
R. E.
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