Mawson Gold Ltd. reports that its majority-owned Australian subsidiary, Southern Cross Gold Ltd, has announced it has closed its initial public offering. Its common shares commenced trading on the Australian Securities Exchange on the 16th of May, 2022. Takeaways for Mawson Shareholders: SXG has raised A$9.1 million in its IPO, bringing total raised since January 2022 to A$11.8 million SXG Market capitalization of A$32 [...]
Mawson Gold Ltd. or announces the commencement of drilling at the Skellefteå North project in Sweden, and results of its winter scout drilling program at the 100% owned-Rajapalot gold-cobalt resource project in northern Finland. Highlights: Maiden drill program to commence on the outcropping Dalbacka discovery at the Skellefteå North project. Drillholes targeted beneath outcropping gold, defined by channel samples grading [...]
Mawson Gold Ltd. or is pleased to announce the commencement of a maiden Preliminary Economic Assessment its 100%-owned Rajapalot gold-cobalt project in Finland. Highlights: PEA initiated on 1.04 million ounce gold equivalent gold-cobalt inferred mineral resource estimate Metallurgical test work has commenced with Wardell Armstrong International and GTK Mintec Finland Building on earlier test work that highlighted cyanide [...]
Mawson Gold is pleased to announce that its Australian subsidiary, Southern Cross Gold Ltd has lodged a prospectus dated 17 March 2022 with the Australian Securities and Investments Commission. Highlights: Prospectus lodged with ASIC to raise between A$8,000,000 and A$10,000,000; Contract signed to acquire 300 acres of freehold land at the Sunday Creek Project; A$70k investment into Nagambie Resources to maintain Southern [...]
Mawson Gold is pleased to announce assay results from the deepest diamond drill hole drilled at the Sunday Creek project in the Victorian Goldfields of Australia. The Sunday Creek epizonal-style gold project is located 60 km north of Melbourne and within 19,365 ha of granted exploration tenements. Highlights: 5.6 m @ 9.2 g/t Au and 0.8% Sb from 469.7 m in hole MDDSC026, including: 1.2 m @ 36.2 g/t Au and 3.3% Sb from [...]
Mawson Gold is pleased to announce results and future plans for the Redcastle epizonal gold-antimony joint venture project in the Victorian Goldfields of Australia. The project is located 120 km north of Melbourne within 56.7 sq. km of granted exploration tenements, immediately along strike from Mandalay Resources' Costerfield mine, the sixth highest-grade global underground mine in 2020. Work at Redcastle during the 70 [...]
Mawson Gold is pleased to announce assay results from its Whroo Joint Venture project. Two diamond drill holes totalling 903 m were drilled under the Balaclava Hill open pit, the deepest drilling to date across the entire Whroo goldfield. Whroo is one of the largest historic epizonal goldfields in Victoria, Australia located 130 km north of Melbourne, within 221 sq. km of exploration tenements. The regional exploration [...]
Mawson Gold is pleased to update the business plan of Southern Cross Gold Pty Ltd, the Company's Australian asset spin-out. Southern Cross holds the 100%-owned Sunday Creek project in Victoria and Mt Isa project in Queensland, the Redcastle and Whroo joint ventures in Victoria, and a strategic 10% holding in the Australian Securities Exchange listed Nagambie Resources Limited which grants it a Right of First Refusal over [...]
Mawson Gold Ltd. or is pleased to announce that further to its news release of November 23, 2021, its Australian spinout, Southern Cross Gold Pty Ltd, has raised total gross proceeds of A$2.725 million through the issuance of 17,031,250 ordinary shares at an issue price of A$0.16 per Share. Mr Ivan Fairhall, CEO states, "This placement brings the total raised in Mawson's stable since December to approximately C$8m, and we [...]
Mawson Gold is pleased to announce the entering into an option and joint venture agreement to earn-in up to 85% of the 2,500 ha in the Skelleftea North Gold Project from Elemental Exploration Scandinavia. Skelleftea is located in Northern Sweden 4 hours drive from Mawson's flagship Rajapalot project, making it complementary to Mawson's Nordic focus and experience base. Highlights: Multiple gold outcrops across the 3 km x [...]
Mawson Gold is pleased to announce the commencement of the 2022 winter drill program at its Rajapalot gold-cobalt project in Finland, with the arrival of the first diamond drill rig on site. An 8,000 m drill program is planned over the next 4 months. 8,000 m program targeting predominately regional-scale gold-cobalt prospects Drilling has commenced, with a second rig arriving next week Objective is to grow the exploration [...]
Mawson Gold Ltd. is pleased to announce important planning and regulatory decisions that relate to the development path of its 100%-owned Rajapalot gold-cobalt project in the Lapland region of Finland. Lapland is the largest and northernmost region of Finland, comprised of 21 municipalities collectively represented by the Regional Council of Lapland. Lapin Liitto is the highest decision-making body in Lapland, responsible [...]
+3,03 %
+2,32 %
-2,01 %
-4,18 %
