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sur Mawson Gold Limited (NASDAQ:MWSNF)

SXG Extends High-Grade Mineralisation at Rising Sun West

Mawson Gold Limited has announced that Southern Cross Gold Ltd. extended high-grade mineralisation at the Sunday Creek Project in Victoria, Australia. Two diamond drill holes, SDDSC122 and SDDSC122W1, revealed significant results, including 7.0 metres at 16.7 g/t gold and antimony intersections of up to 21.4% Sb.

SDDSC122W1 intersected two high-grade vein sets, with highlights such as 2.4 m at 9.7 g/t AuEq and 7.0 m at 20.0 g/t AuEq. The intersections are 150 m down-dip of previous reports. SDDSC122 revealed similar vein sets, including 1.0 m at 10.1 g/t AuEq and a notable interval of 0.1 m at 356.4 g/t AuEq.

Overall, 128 drill holes have been reported, contributing significantly to the project's exploration target. Currently, 21 additional drill holes are being processed and analysed. CEO Michael Hudson emphasized the project's importance for future antimony supply, especially after China's recent export restrictions.

R. E.

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