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Two years after Mawson Gold successfully spun out its Australian gold projects to focus on its Scandinavian interests, the two companies are set to recombine and undo the past two years of corporate changes.
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Canadian-listed Mawson Gold wants to reverse its spin-out of Victorian precious metals explorer Southern Cross Gold, pitching a merger that would result in the combined company being listed on the Australian and Toronto stock exchanges.
Southern Cross caught the attention of the gold bugs early last week with a deep diamond drill hit at its Rising Sun prospect within its 195-square-kilometre Sunday Creek epizonal gold project in the prospective structural Melbourne Zone, about 60km north of Victoria’s capital city.
Cashed-up Southern Cross Gold is looking to deliver more ultra-high-grade g old hits in Victoria, planning to double drilling coverage of its flagship Sunday Creek project.
Gold exploration success story Southern Cross Gold could ultimately define 3 million ounces grading around 10 grams per tonne at its Sunday Creek project in the Victorian Goldfields.
The breakout in gold prices since February has been largely ignored by mainstream investors...investment advisors have less than 1% exposure to gold, the highest percentage of aversion since 2019.
Michael Hudson describes how the five NAVI (navigational) holes into the high-grade zone about 450 m below surface at Rising Sun successfully hit further high grades where we expected as well as finding new vein sets in the area.
Nicholas Mead wraps up the company’s activities at the conference over the three days.
Michael Hudson who discusses with STK Markets’ Sean Sandilands about the drilling strategy and upcoming IP survey at Sunday Creek.
General Manager Lisa Gibbons describes her work guiding our community and government engagement strategy.
The first drill holes at the Christina prospect have produced the 7th best hole at Sunday Creek from the most westerly area of the property 650 m west of Rising Sun.
Michael Hudson discusses the purchase of the remaining 30% of the Redcastle JV not already owned by SXG.