Mawson Gold, one of the top five weekly stocks on the TSX, has shown impressive gains due to some recent encouraging drill results from its Southern Cross project in Ontario.
Mawson Gold is a gold exploration and development firm that has various project sites in different parts of the world, such as Queensland in Australia and Finland in Europe. In particular, the company’s Southern Cross project in Red Lake, Ontario has been the focus of the company’s attention for the past few weeks.
Recently, Mawson Gold announced the results of their new diamond drill program at Southern Cross. These encouraging results have led to a surge of interest in Mawson Gold’s stock. The company’s share price has increased by nearly 9% since the start of the week, making it one of the top five stocks on the TSX for the week.
Mawson Gold is planning another deep drill program at Southern Cross by the end of this month. The results of this program could potentially lead to the discovery of a larger, more promising gold deposit.
Mawson Gold also has a number of other projects in the pipeline, including an exploration project in Finland and an exploration joint venture in the Golden Triangle region of British Columbia. The company is also exploring potential acquisitions of assets in Australia and Scandinavia.
Overall, Mawson Gold is a solid stock to have in a portfolio, especially considering its recent success in the diamond drill program. With its range of projects and potential for further discovery and development, Mawson Gold could be set for even more success in the months and years to come.