Mawson Resources (TSE:MAW) has released an update.
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Mawson Resources’ subsidiary Southern Cross Gold has uncovered exceptional high-grade gold during drilling at the Apollo area of its Sunday Creek Project, Australia, with results showing the highest gold grades to date, including 0.2 meters at 576 g/t Au. The discovery includes three new vein sets extending the mineralization 150 meters eastwards and 150 meters deeper. Mawson, which owns 51% of SXG, values its stake at A$120 million based on recent market prices.
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