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Mawson Resources Ltd.
Summary
| Project: | Rajapalot | |
|---|---|---|
| Deposit: | Rajapalot | |
| Location: | Finland | |
| Commodities: | Gold-Cobalt | |
| Date: | 4/23/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 23-4-2019: Mawson Resources Ltd. announces an Exploration/Drilling Update report for its Rajapalot deposit at the Rajapalot project. Drilling results incl. 31.3m @ 4.3g/t Au, 1030ppm Co from 298.6m. Vancouver, Canada — Mawson Resources Limited (“Mawson”) | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Nick Cook (Internal) | |
| ABSTRACT: | Vancouver, Canada — Mawson Resources Limited (“Mawson”) or (the “Company”) (TSX:MAW) (Frankfurt:MXR) (PINKSHEETS: MWSNF) announces highly encouraging gold and cobalt assay results from 14 diamond holes drilled at the Raja prospect during the 2019 winter program at the Company’s 100% owned Rajapalot Project in northern Finland. The drill program focused on expanding and defining gold-cobalt resources at Raja, Palokas and South Palokas and testing less drilled prospect areas outside resource areas including the Hut, Terry’s Hammer and Rumajärvi (Figure 1). Only results from the Raja prospect are provided here, with additional results to be reported on a prospect-by-prospect basis. Twentyeight holes with full assays remain to be reported over the coming months. A total of 44 holes (PAL0159–PAL0201D1) for 15,059 metres (two short holes abandoned, one wedged hole) have been completed during the winter season. The winter program was executed as proposed (see Mawson News Release 21 Jan 2019), with the planned drill metres achieved safely and without incident. | |
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