Welcome to our dedicated page for SOUTHERN CROSS news (Ticker: MWSNF), a resource for investors and traders seeking the latest updates and insights on SOUTHERN CROSS stock.
The MWSNF news page on Stock Titan aggregates company announcements and market coverage related to Southern Cross Gold Consolidated Ltd, a basic materials issuer focused on the Sunday Creek Gold-Antimony Project in Victoria, Australia. Company news releases describe Sunday Creek as an epizonal gold-antimony deposit with a "Golden Ladder" structure extending over a 12 km strike length and mineralization confirmed from surface to significant depths.
Readers following MWSNF-linked news can review detailed drilling updates from prospects such as Rising Sun, Apollo, Christina and Golden Dyke, where Southern Cross Gold Consolidated reports multiple high-grade gold and antimony intercepts and step-out drilling that extends mineralization at depth and along strike. The company’s releases also discuss extensive drill programs, historical workings, and the definition of numerous high gram-metre gold-equivalent intersections based on a gold-plus-antimony formula.
News items further cover metallurgical developments at Sunday Creek, including gravity and flotation test work that has produced high-grade, low-arsenic antimony-gold concentrates and high overall gold recoveries. Capital markets updates, such as private placements, exchange listings on the TSX and ASX, and changes in OTC trading tiers, provide context on how the company finances and structures its exploration and development activities.
By using this page, investors and observers can access a stream of official company disclosures and related coverage tied to the MWSNF symbol, helping them understand how Southern Cross Gold Consolidated reports progress on drilling, metallurgical studies, and its positioning in the gold and antimony space.
Mawson Gold Limited (MWSNF) successfully closed its public offering, raising C$5,500,050 by selling 36,667,000 common shares at C$0.15 each. The proceeds will support exploration and development of the Rompas-Rajapalot project in Finland, alongside general corporate purposes. CEO Ivan Fairhall expressed satisfaction with the financing, set to initiate drilling next month. An insider purchased 500,000 shares in a related party transaction, exempt from formal valuation. The offering is not registered under U.S. securities laws.
Mawson Gold Limited has filed a prospectus supplement for a public offering of 36,667,000 common shares at C$0.15 each, targeting gross proceeds of C$5,500,050. The offering aims to support the advancement of exploration and development at the Rompas-Rajapalot project in Finland and cover general corporate purposes. This follows a prior announcement on November 29, 2021, with the closing expected around December 9, 2021. The offering is conducted through Red Cloud Securities and Sprott Capital Partners, and the shares are not registered under U.S. securities laws.
Mawson Gold Limited (OTC PINK:MWSNF) announced voting results from its Annual General Meeting held on November 29, 2021. A total of 112,786,656 common shares, representing 43.96% of the issued shares, were voted. All proposed items passed, including the re-election of directors and the election of Ivan Fairhall. Mr. DeMare, who did not seek re-election, will continue as CFO. D&H Group LLP was re-appointed as auditors. Post-meeting, Mr. Hudson remains Executive Chairman, with Ivan Fairhall as CEO. The company remains focused on its gold-cobalt projects in Finland and Australia.
Mawson Gold Limited (MWSNF) announced a proposed public offering of common shares at C$0.15 per share, filing a preliminary prospectus supplement. Red Cloud Securities and Sprott Capital Partners will act as co-lead agents. The proceeds will fund exploration and development of the Rompas-Rajapalot project in Finland and general corporate purposes. A concurrent non-brokered private placement of common shares will also be pursued. Both offerings are subject to TSX approval, with no assurance on completion or terms.
Mawson Gold Limited (MWSNF) has announced the successful implementation of advanced Artificial Intelligence via New Exploration Technologies to optimize target identification at the Rajapalot project in Finland. The AI analysis produced comprehensive prospectivity maps based on extensive geophysical and geological data, aiding in the creation of direct drillable targets. The project encompasses a 183.5 km2 area, of which only 18 km2 has been focused on known mineralization, leaving 163 km2 underexplored. This innovative approach positions Mawson for enhanced exploration success.
Mawson Gold Limited (OTC PINK:MWSNF) has commenced drilling at its Whroo Joint Venture project in Victoria, Australia. The project covers a 14-kilometre historic goldfield, previously yielding over 40,000 oz of gold. Mawson plans two deep diamond drill holes to explore gold mineralization beneath the Balaclava open pit where historic drilling encountered notable gold grades.
The company aims to earn up to 70% interest in the joint venture through exploration expenditures of A$4.0 million over six years and cash payments totaling A$250,000.
Mawson Gold Limited (OTC PINK:MWSNF) announced an update regarding its Rajapalot project in Finland, revealing regional-scale prospecting that identified 8 new gold-cobalt prospects. The program, which spans a considerable extent of 14 km x 15 km, discovered high-grade samples including boulders with 546 g/t gold. Current exploration aims to confirm drill-ready targets ahead of the winter drill season, leveraging the company's first-mover advantage in the Peräpohja Schist belt. Mawson's past drilling defined a resource of 1.04 Moz at 3.0 g/t AuEq.
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.
Summary not available.
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.