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An update from Mawson Resources ( (TSE:SXGC) ) is now available.
Southern Cross Gold Consolidated Ltd, a company involved in gold and antimony exploration, announced significant drilling results from its Sunday Creek project in Victoria. The results from the Apollo prospect indicate high-grade gold-antimony mineralization at depth, with one drill hole revealing a substantial zone of 100.5 meters at 3.4 g/t gold equivalent, including a remarkable 28.6 meters at 10.3 g/t gold. These findings suggest potential for both high-grade and bulk mining approaches, enhancing the project’s profile as a globally significant discovery. The company continues to expand its exploration efforts with additional drilling underway.
More about Mawson Resources
YTD Price Performance: 43.65%
Average Trading Volume: 161,182
Technical Sentiment Signal: Sell
Current Market Cap: C$1.03B
For a thorough assessment of SXGC stock, go to TipRanks’ Stock Analysis page.