Mawson Gold Ltd. is pleased to announce field programs are well underway, with diamond drilling commencing at its 100%-owned Sunday Creek gold project in the central Victorian goldfields of Australia. In addition, large geophysical surveys are ongoing at the Redcastle gold project. Key points: Diamond drilling has commenced at the Sunday Creek gold project in the Victorian Goldfields. The target is high-grade veining with [...]
Mawson Gold Ltd. announces it has signed a Letter of Intent to Joint Venture the Western USA Epithermal Gold Project , a district-scale, underexplored, permitted and drill ready epithermal gold-silver project located within the Western Cascades, Oregon, USA to Aguila American Gold Ltd . Key Points Mawson has signed an LOI detailing investment terms whereby Aguila will invest US $ 1.2 million to earn up to an 80% interest [...]
Mawson Resources announces that it has changed its name to Mawson Gold Limited and that effective August 6, 2020, the Company will commence trading under its new name on the Toronto Stock Exchange under the same stock symbol. The CUSIP number assigned to the Company's shares following the name change is 577789100 and ISIN CA5777891006. Michael Hudson, CEO, states, "After 10 years of focusing on gold exploration in [...]
Mawson Resources is pleased to announce that Mawson is among 24 companies to receive Queensland State Government support for exploration focused on new economy minerals including silver, copper and gold, aimed to increase exploration and to drive future resource jobs in Australia. Highlights: Mawson will receive $200,000 funding under Collaborative Exploration Initiative to fund deep drilling for silver, copper and gold [...]
Mawson Resources is pleased to announce an historical summary of the Redcastle epizonal gold project in Victoria following the recently released overview and work plans for the project. Highlights: Redcastle, located in Victoria, is one of the most significant historic epizonal goldfields in the state, with high-grades and common visible gold in a quartz ; The first mined of three historic central Victorian goldfields [...]
Mawson Resources Ltd. is pleased to announce that geophysics and drilling will commence shortly at the Redcastle epizonal gold project in Victoria, Australia. Highlights: Redcastle is one of the most significant historic epizonal high-grade goldfields in Australia: First discovered in 1859, an extremely high-grade epizonal gold system with visible gold in quartz association; Epizonal gold systems are the geological prize [...]
Mawson Resources Ltd. is pleased to announce the recommencement of activities in Finland and the initiation of exploration activities in Australia. Highlights: Following the successful winter resource expansion drilling program at the Rajapalot project in Finland, fieldwork has recommenced targeting year-round accessible strike extensions to mineralization; In Victoria, exploration programs for Fosterville-style [...]
Mawson Resources Ltd. is pleased to announce results from the final 9 holes from the recent 37 hole, 14.1 km winter drill program at the Company's 100%-owned Rajapalot project in Finland. Highlights: In the thickest mineralized intersection drilled on the Rajapalot project to date, PAL0227, located in an interpreted fold hinge intersected 44.6 metres @ 1.4 g/t gold, 452 ppm cobalt, 1.6 g/t gold equivalent from 294.2 [...]
Mawson Resources is pleased to announce further high-grade gold and cobalt results from five additional holes from the Palokas prospect, drilled during the recent 14.1 kilometre winter drill program at the Company's 100%-owned Rajapalot project in Finland. Highlights: The deepest mineralized intersection drilled at Palokas to date, PAL0236, intersected 4.9 m @ 18.0 g/t gold, 1,236 ppm cobalt, 18.8 g/t gold equivalent from [...]
Mawson Resources is pleased to announce that it has closed its previously announced non-brokered private placement financing for gross proceeds of C$1,001,000. A total of 2,860,000 units of the Company, were issued at a price of C$0.35 per Unit. Each Unit consisted of one common share of the Company and one-half of one Common Share purchase warrant. Each Warrant will entitle the holder thereof to acquire one Common Share [...]
Mawson Resources is pleased to announce that it has closed its previously announced public offering to raise gross proceeds of C$17,000,200. Pursuant to the Offering, Red Cloud Securities Inc. and Sprott Capital Partners LP, the co-lead agents, and Canaccord Genuity Corp. and Eight Capital sold 48,572,000 units of the Company, at a price of C$0.35 per Unit. Each Unit consisted of one common share of the Company and [...]
Mawson Resources announced today that further to its press release dated May 7, 2020, it has filed a prospectus supplement to its short form base shelf prospectus dated March 13, 2020 relating to its previously announced public offering. The Supplement was filed with the securities regulatory authorities in each of the Provinces of British Columbia, Alberta and Ontario. Copies of the Base Shelf Prospectus and the [...]