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Southern Cross Gold Consolidated Ltd. reports exploration and project-development updates for the 100%-owned Sunday Creek gold-antimony project in Victoria. Recurring news covers diamond-drill results from prospects including Rising Sun, Apollo, Golden Dyke and Christina, visible-gold intersections, mineralization extensions, and metallurgical test work involving gold recovery and antimony concentrate characteristics.
The company's updates also document public-market status changes, including trading on the Toronto Stock Exchange, Australian Securities Exchange and OTCQX market, alongside corporate communications tied to its gold-antimony exploration focus.
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.
Mawson Gold Limited (OTC PINK:MWSNF) announced positive assay results from three drill holes (MDDSC013A-015A) at its Sunday Creek project in Victoria, Australia. The deepest hole, MDDSC015A, reported intersections of 4.6 metres at 1.6 g/t Au and 15.3 metres at 2.2 g/t Au. The drilling program has now completed 18 holes totaling 2,968 metres, with ongoing drilling revealing consistent gold mineralization at depth, enhancing the potential for a maiden resource. The integration of geophysical and soil sampling data aims to expand project exploration. CEO Michael Hudson emphasized their successful progress.
Mawson Gold Limited (MWSNF) reported promising results from three drill holes at the South Palokas prospect in Finland, part of its Rajapalot project. The highlights include PAL0235 intersecting 15.3 metres at 3.0 g/t Au and 998 ppm Co, showcasing high-grade potential at depth. PAL0288 and PAL0290 also yielded significant gold and cobalt intersections. The successful drilling campaign, totaling 19,422 metres, suggests potential resource growth, with an upgrade due in July-August 2021 as further assay results are anticipated. CEO Hudson emphasizes the prospect's potential for high-grade discoveries.
Mawson Gold Limited (MWSNF) announced co-funding of €397k (CAD$590k) from Business Finland for the BATCircle2.0 project, part of a total budget of €795k (CAD$1.2M). This initiative aims to enhance cobalt recovery and optimize separation processes for gold and critical metals at the Rajapalot project in Finland. The project seeks to minimize tailings losses and improve environmental management. Mawson's Rajapalot project is the 7th largest cobalt resource in Europe and aims to contribute to a sustainable battery metal supply chain.
Mawson Gold Limited (MWSNF) announced metallurgical test results from the BATCircle joint research project at its Rajapalot gold-cobalt project in Finland. The tests showed exceptional gold recoveries of 97.3% to 98.0% via conventional cyanidation and notable results in gravity and flotation processes for both gold and cobalt. The next steps involve further optimization of recovery methods. The Rajapalot project is positioned as a significant European cobalt resource, and ongoing efforts aim to align extraction processes with sustainable battery supply demands.
Mawson Gold Limited (MWSNF) has reported significant drilling results from two newly discovered areas, The Hut and Joki East, at its Rajapalot project in Finland. The findings include the thickest mineralized zone to date at Rajapalot, with drill hole PAL0259 showing 70.3 metres at 0.9 g/t Au and notable cobalt concentrations. Joki East’s mineralization extends 225 metres down plunge and remains open for further exploration. This achievement strengthens expectations for substantial resource growth, with further results from 50 remaining drill holes anticipated by June 2021.