Mawson Gold Announces Major Drilling Success and Expansion

Mawson Resources (TSE:MAW) has released an update.

Mawson Gold Limited reports significant extensions to mineralization at its Sunday Creek Gold-Antimony Project through Southern Cross Gold’s recent drilling, revealing high-grade gold and antimony intersections and a new vein set at the Golden Dyke and Rising Sun prospects. A fifth drill rig has been added to the project, indicating an expansion of exploration efforts. The company’s 49.3% shareholding in SXG is presently valued at approximately A$211.5 million.

For further insights into TSE:MAW stock, check out TipRanks’ Stock Analysis page.