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Mawson Resources Ltd.
Summary
| Project: | Rajapalot | |
|---|---|---|
| Deposit: | Raja | |
| Location: | Finland | |
| Commodities: | Gold-Cobalt | |
| Date: | 5/28/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 28-5-2019: Mawson Resources Ltd. announces an Exploration/Drilling Update report for its Raja deposit at the Rajapalot project. Drilling results incl. 19.7m @ 7.4g/t Au, 908ppm Co from 371.0m. "The winter drilling has delivered further strong results from | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Nick Cook (Internal) | |
| ABSTRACT: | "The winter drilling has delivered further strong results from Raja with 19.7 metres @ 8.9 g/t gold equivalent intersected by PAL0190 within a high core” said Mr. Michael Hudson, Chairman and CEO of Mawson. “Most significant is the predictability and continuity of the cigar-shaped high-grade core that is now 30-50 metres wide and 20-30 metres thick that has now been traced over 250 metres down plunge and remains open at depth. This a significant advancement in understanding of the mineralized system by our geological team, which will deliver benefits in future targeting during on-going exploration programs.” Mawson completed 44 holes (PAL0159–PAL0201D1) for 15,059 metres (two short holes abandoned, one wedged hole) during the 2019 winter drill season. Results from 5 holes from the Raja prospect are provided here (PAL0167, 175, 187, 189 & 190; Tables 1-3). Sixteen holes with full assays remain to be reported that were predominantly drilled down plunge from resource areas including PAL0191 (Raja), PAL0194 (Palokas) and PAL0198 (South Palokas), where sulphidic (pyrrhotite-rich) intersections with visible gold provide encouragement | |
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