Mawson Gold Ltd. (MWSNF)

[Kaseymoe]

August 23rd summary of summer drill program

https://finance.yahoo.com/news/mawson-summarizes-successful-2021-drilling-100000383.html

Snipped from the press release:

Mr. Michael Hudson, Chairman and CEO states, "Our 2021 drilling program has delivered more economic grade/width intersections than ever before. We have discovered two new gold-cobalt zones, delineated significant extensions to four more prospects with defined resources and added two further prospects suitable for wireframing and resource estimation. Our Rajapalot gold camp is expanding rapidly, allowing us to extend our successful exploration strategy across the full 100 square kilometre property. Drill success has continually increased through recognition of strong linear late structural controls to high-grade gold-cobalt mineralization and a strong correlation with electromagnetic conductors that provide a large potential for increasing mineral resources in future drill campaigns. A resource upgrade is due before the end of August."


Click the link for the full report including some high grade gold intercepts.

When does it translate to a Go/No Go decision to proceed with final permitting and development of a mine plane and ultimately mining the resource? Probably not this year. Patience in all things - especially gold start ups.

rjw