Market Asleep on Multiple Gold Discoveries on Two Continents?

Mawson Gold (TSX: MAW)(OTC: MWSNF) — currently trading around C$0.25 per share — has released assays from three further step-out drill holes, including the deepest hole to-date, from the ongoing program at its Sunday Creek Gold Project in the Victorian Goldfields of Australia.

Highlights include:
  • 2.2 grams per tonne (g/t) gold and 2.1% antimony (or 4.3 g/t gold equivalent “AuEq”) over 15.3 meters

  • 3.1 g/t gold and 1.1% antimony (or 4.2 g/t AuEq) over 5.3 meters
To-date at the epizonal-style gold+antimony prospect, 15 of 18 holes drilled have been released with drilling ongoing as the company progresses toward a maiden resource.
Mawson CEO, Michael Hudson — whom you’ll be hearing more from momentarily — commented via press release: 

"Our Victorian portfolio continues to successfully deliver at Sunday Creek with the deepest hole drilled to date intersecting broad mineralization with multiple impressive higher-grade zones including 15.3 metres @ 2.2 g/t Au and 2.1% Sb (4.3 g/t AuEQ) located 50 metres down-dip from our closest drill hole. We continue to be impressed by the continuity of gold mineralization as we drill to depth, as well as the increasing antimony grades. Drilling continues as we work towards a maiden resource."

Based on a string of recent exploration-drilling successes at the Sunday Creek and Redcastle projects in the Victorian Goldfields and at the Rajapalot project in Finland — Mawson Gold is progressing toward a possible splitting of its Australian and Finnish assets into two separate companies to give each project area the attention it well deserves.  

Our own Gerardo Del Real of Junior Resource Monthly tracked down Mawson CEO, Michael Hudson, to discuss the most recent high-grade hits from Australia and the potential spinout scenario. CLICK HERE TO LISTENTranscript is also available. 
This is truly an exciting juncture for the company with high-grade gold+antimony and high-grade gold+cobalt results being released from Australia and Finland, respectively, on a seemingly weekly basis. Please enjoy the interview!

Also, check out our feature report on Mawson Gold here. 

Yours in profits,

Mike Fagan

Mike Fagan
Editor, Resource Stock Digest

Mike Fagan has mining in his blood. As a teenager he staked countless gold and silver properties in Nevada alongside his dad, Brian Fagan, who created the Prospect Generator model that’s still widely used today in the resource space. One of those staking projects was put into production by a major Canadian mining company — a truly rare and profitable experience. That background uniquely qualifies him as a mining stock speculator. One of the most well-known names in the business, Mike is now putting that experience to use for the benefit of Resource Stock Digest and Hard Asset Digest readers.

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