Markets

After doubling the resources, it continues! Now also in Australia!

Current monetary policy and the resulting consequences now affect everyone. So gold should keep moving into the investor focus!

Dear Readers,

the money supply continues to expand and has now reached unprecedented heights. Even if it is hard to believe, the money supply in the US increased by 23 percent in July compared to the same month last year. Even if not quite as strong, values ​​of plus 10 to 11 percent have also been achieved in Great Britain and the Eurozone, which nevertheless means new highs.

In times of low interest rates and high inflation, this plays into the debt of the states in the cards. However, if interest rates start to rise again at some point, then the situation will get really serious and will affect us all!

You have to counter this somehow. And the tried and tested means for thousands of years has only been the value of gold. More and more investors are realizing this, which is why the precious metal has already risen sharply due to extremely high demand.

Another possibility to invest in gold is to buy into companies that own gold in the ground and that will sooner or later be able to mine it profitably. If the jurisdiction and management fit in with such companies, such as Mawson Gold, you should be wide awake. Because this company still offers a cobalt joker in Finland!

After the flagship explorer Mawson Gold (ISIN: CA57776G1063 / TSX: MAW) doubled its Finland cobalt gold resource just a few days ago, the gold targets in Australia are now continuing in parallel! The company announced that the first three holes on the Sunday Creek target have been completed.

The 345 meters of drilling was completed with the aim of identifying high-grade veining with associated mineralized halos typical of epizonal style gold mineralization on the Apollo-Golden Dyke prospect.

CEO Michael Hudson was very optimistic, who said:

“The search for the next high-grade epizonal gold deposit is in full swing! We are pleased to have completed the first diamond drill holes through the mineralized zone on Sunday Creek and are expecting the first results very soon. “

This means that within the next few days the company could once again make a name for itself with excellent drilling results.

That is why we expect good results!

The historic gold mines on Sunday Creek have a trend of more than 7 miles. The wells that have now been drilled have focused on shallow, previously mined surface work to an average depth of only 80 meters.

Previous drill results already provided grades and distances of for example: 4th, 8 g / t gold over 21 meters and 4.8 g / t gold over 9 meters including 28.8 g / t gold over 2 meters at only 15 meters. Another tip hole returned 11.3 g / t gold over an incredible 66 meters including 40.3 g / t gold over 2 meters at 70 meters! For this reason alone, the outstanding drilling results are particularly exciting and of particular importance!

Source: Mawson Gold

Time is money, that’s what the Mawson team thought, so they reacted immediately and immediately relocated the drilling equipment to the no less high-grade ‘Redcastle Gold’ project, which has 24 historic mining areas and an area of ​​4.5 x 7 square kilometers already extremely gold-bearing ore was mined.

This of course also includes the well-known ‘Welcome Group of Mines’, from which more than 20,000 ounces of gold were mined from 1859 to 1865 over a strike length of 2 km to a depth of 125 m with sensational grades of almost 255 g / t gold! So here, too, we can look forward to very exciting drilling results that could massively explode the course!

According to the company, the second diamond drill should arrive in a few days at the latest and support the 5,000 meters of drilling to be carried out on the ‘Victoria’ project. That means it continues at full throttle!

80 million ounces produced within three boom phases!

Even if one might think that after three boom phases (1850, the early 1900s and the past three years) and more than 80 million ounces of gold, the project has long been exploited, one can only say, MISCELLANEOUS!

Two different types of gold mineralization predominate on Victoria. The deeper ‘mesozonal’ style mineralization and the shallow ‘epizonal’ style mineralization. The ‘mesozonal’ style is more prevalent in the Bendigo and Ballarat regions, which is often represented by very large mineralization systems and is rich in gold. However, despite modern technology, these are still very difficult to model.

The ‘epizonal’ style mineralization is of the type of the world renowned ‘Fosterville’ mine on which Mawson is focused. The ‘Redcastle’ part of the project is one of the most significant historical epizonal high-grade gold fields in Victoria and also the first of the three historical central Victorian gold fields mined.

In Finland too, a drilling rig was mobilized in addition to ‘EM’ measurements!

At the same time, a core drill was relocated to the company’s own gold project ‘Rajapalot’ in Finland, where geophysical electromagnetic investigations (‘EM’) are also being carried out in parallel.

The priority drilling targets are ‘Hirvimaa’ and ‘East Joki’, on which a combination of ‘Base-of-Till’ gold anomalies (anomalies from the base of the till), ladders that are included in data from airborne ‘VTEMplus’ and ground-based electromagnetic’ TEM ‘examinations were recognized. The inferred position of the stratigraphic host rock of the gold-cobalt mineralization ‘Hirvimaa’ forms a 3 km long target zone, which is 500 m northeast of the resource area ‘Palokas’, with ‘East Joki’ forming a 2 km long target zone that extends 1,000 m located northeast of the Raja Resource Area.

Source: Mawson Gold

An initial 2,000 m drill program is planned in these areas in the next two months. A 20 km drilling program with five drilling rigs could then begin as early as mid to late December 2020, with the aim of expanding the recently published mineral resource should be achieved. This new resource estimate actually doubled the resource published just 20 months earlier.

A large number of airborne (“VTEMplus”) and ground-based geophysical “EM” surveys were also successfully carried out on ‘Rajapalot’ in order to localize the conductive and magnetic gold-cobalt mineralization. Magnetic magnetic gravel, which occurs paragenetically with the gold-cobalt mineralization, is highly conductive and has residual magnetism. The coincidence of these geophysical properties was used to successfully locate the mineralizations found in the resource areas ‘Raja’, ‘Palokas’ and ‘Rumajärvi’ and to map their extent in the direction of the fall.

In addition, corresponding anomalies in the ‘Joki East’ and ‘Hirvimaa’ areas are very convincing drill targets!

The company’s boss Michael Hudson said:

“This is the first season in which we have been able to fully apply our geological and geophysical understanding of the Rajapalot mineral system to the summer drill areas of ‘Hirvimaa’ and ‘East Joki’. There is no shortage of geologic evidence that mineralization may continue in these 99% marl-covered areas. This also includes boulders with mineralization of the ‘Palokas’ type in’ Hirvimaa ‘(0.6 m with 21.3 g / t gold and 0.8 m with 13.1 g / t gold) and’ Base- Anomalous grade of till ‘drilling along with the ground based electromagnetic conductors we are now building.

At any point in time, a discovery in these areas could completely change the situation, which would allow us to drill year-round. In the meantime, we look forward to the start of the five rigs drill program in December in our winter drilling sites in Finland and the first results from the two rigs currently drilling on ‘Victoria’ in Australia. “

Our conclusion:

Mawson Gold (ISIN: CA57776G1063 / TSX: MAW) is on a very successful path to cause a sensation on his Australian project parts such as ‘Redcastle’ and even to turn it into a profitable and high-grade property again! And we believe that the management and geological team that has formed in this company has what it takes to pull this off. Likewise, in Finland there is probably still an incredibly high potential slumbering on the extremely strong cobalt gold project that needs to be found. We also trust the Mawson Gold team to do this without any problems, based on their previous successes. Therefore, we see another favorable entry or purchase opportunity in the latest price setback!

regards

you

Jörg Schulte

Risk information and disclaimer: We expressly point out that we do not accept any liability for the content of external links. Every investment in securities is fraught with risks. Due to political, economic or other changes, there can be considerable price losses. This applies in particular to investments in (foreign) small caps as well as in small and microcap companies; Due to the low market capitalization, investments in such securities are highly speculative and involve an extremely high risk up to the total loss of the invested capital. In addition, some of the stocks presented by JS Research UG (limited liability) are subject to currency risks. The background information, market assessments and securities analyzes published by JS Research UG (limited liability) for the German-speaking area were prepared in compliance with the Austrian and German capital market regulations and are therefore intended exclusively for capital market participants in the Republic of Austria and the Federal Republic of Germany; other foreign capital market regulations were not taken into account and do not apply in any way. The publications by JS Research UG (limited liability) are for informational purposes only and expressly do not represent a financial analysis, but are promotional texts of a purely advertising nature to the companies discussed in each case, which pay a fee for this. There is no consulting contract between the reader and the authors or the publisher through the purchase of the JS Research UG (limited liability) publications. All information and analyzes do not constitute a solicitation, an offer or a recommendation to buy or sell investment instruments or for other transactions. Every investment in stocks, bonds, options or other financial products is subject to – in some cases considerable – risks. The publisher and authors of JS Research UG (limited liability) publications are not professional investment advisors !!! Therefore, it is essential that you always seek advice from a qualified specialist (e.g. your house bank or a qualified advisor you trust) when making investment decisions. All information and data published by JS Research UG (limited liability) come from sources which we consider to be reliable and trustworthy at the time of preparation. However, no guarantee can be given with regard to the correctness and completeness of this information and data. The same applies to the evaluations and statements contained in the analyzes and market assessments by JS Research UG (limited liability). These were created with the necessary care. Any responsibility or liability for the correctness and completeness of the information contained in this publication is excluded. All statements of opinion made reflect the current assessment of the author, which can change at any time without prior notice. No guarantee or liability is expressly given that the price or profit developments forecast by JS Research UG (limited liability) will occur.

Information on conflicts of interest: The editors and the responsible authors hereby declare that the following conflicts of interest with regard to the Mawson Gold company discussed in this publication existed at the time of publication: I. Authors and the publisher as well as consultants and clients related to them do not hold any shares at the time of publication in Mawson Gold and reserve the right to buy or sell at any time and without notice. II. Authors and the publisher and client, as well as consultants closely related to them, have a consulting mandate with Mawson Gold at the time of publication and receive a fee for this. The authors and the editor know that other stock letters, media, or research firms are reviewing Mawson Gold stock over the same period. Therefore, symmetrical generation of information and opinions takes place during this period. This publication by JS Research UG (limited liability) is expressly not a financial analysis, but a publication of a very clear and clearly promotional character on behalf of the company under discussion and thus to be understood as an advertising / marketing message.

According to §34 WpHG, I would like to point out that Jörg Schulte, JS Research UG (limited liability) or employees of the company hold shares in Mawson Gold and can continue to do their own transactions in the shares at any time (e.g. long or short positions) . We expressly point out a conflict of interest. This also applies to options and derivatives based on these securities. Any resulting transactions may, under certain circumstances, affect the company’s share price. The information, recommendations, interviews and company presentations published on the “websites”, the newsletter or the research reports are paid for by the respective companies or third parties (so-called “third parties”). The “third parties” include e.g. Investor relations and public relations companies, brokers or investors. JS Research UG (limited liability) or its employees can in part be remunerated, directly or indirectly, for the preparation, electronic distribution and other services by the discussed companies or so-called “third parties” with an expense allowance. Even if we prepare every report to the best of our knowledge, we advise you to use other external sources with regard to your investment decisions, Consult your house bank or a trusted advisor. For this reason, liability for financial losses that may result from using the information discussed here for your own investment decisions is categorically excluded. Particularly in the case of raw material and exploration stocks and low capitalized stocks, the depot proportions of individual stocks should only be so much that even in the event of a total loss, the overall deposit can only lose marginal value. In particular, stocks with low market capitalization (so-called “small caps”) and especially exploration stocks, as well as all listed securities in general, are subject to considerable fluctuations. The liquidity in the securities can be correspondingly low. When investing in the raw materials sector (exploration companies, raw material producers, companies developing raw material projects), additional risks must be taken into account. Below are some examples of specific risks in the raw materials sector: Country risks, currency fluctuations, natural disasters and storms (e.g. floods, storms), changes in the legal situation (e.g. export and import bans, punitive tariffs, prohibition of raw material extraction or raw material exploration, nationalization of projects), environmental requirements (e.g. higher costs for environmental protection, designation of new environmental protection areas, prohibition of various mining methods), fluctuations in raw material prices and considerable exploration risks.

Disclaimer: All information published in the report is based on careful research. The information does not represent an offer to sell the shares discussed, nor an invitation to buy or sell securities. This report only reflects the personal opinion of Jörg Schulte and is in no way to be equated with a financial analysis. Before making any investments, professional advice from your bank is essential. The statements are based on sources that the editor and his staff consider trustworthy. Nevertheless, no liability can be assumed for the correctness of the content. No guarantee is given for the accuracy of the charts and data on the commodity, currency and stock markets shown. The source language (usually English) in which the original text is published is the official, authorized and legally valid version. This translation is included for better understanding. The German version can be shortened or summarized. No responsibility or liability is assumed for the content, correctness, appropriateness or accuracy of this translation. From the perspective of the translator, the message does not constitute a buy or sell recommendation! Read here – https://www.js-research.de/disclaimer-agb/ -. Please also note the original English message, if available.

Note: PERSONAL-FINANCIAL.COM publishes analyzes, columns and news from various sources in this section. PERSONAL-FINANCIAL.COM AG is not responsible for content that is recognizably posted by third parties in the “News” area of ​​this website and does not adopt it as its own. This content can be identified in particular by a corresponding “from” label below the article heading and / or by the link “To read the full article, please click here.”; The named third party is solely responsible for this content.

Tags

Related Articles

Back to top button
Close
Close