Next week Mawson West will release further drill results.The recent intersepts were quite substantial.Norseman tenements have traditionally produced millions of ounces. The part of the most recent report i liked was... The geological structure and results being achieved along strike and at depth indicate a significant mineralised system which may be similar in orientation and style to other sucessful Norseman mines such as the Mararoa (1.2Moz gold), Crown (1.05Moz gold) and Royal (1.58Moz gold). and because of the successfull first round drilling MWE have secured large tenements immediately south... Following the drilling results confirming that the Maybell strike extends close to and possibly beyond the tenement boundary to the South, the company has pegged additional tenements abutting the Southern boundary of the Maybell Gold Project. The new tenements now extend South for approx 12km and increases Mawson West’s land holding in the Norseman region to approx 47sq km. I bought 21.5c and believe it has excellent potential. Being close to Croesus is nice too should CRS want to increase their immediate tenements/reserves.
MWE Price at posting:
0.0¢ Sentiment: None Disclosure: Held
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