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Mawson Resources Ltd.

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Summary

Project:

Rajapalot

Deposit:Rajapalot
Location:Finland
Commodities:Gold-Cobalt
Date:2/28/2020
Report Code:NI43-101
Report Type:Resource Estimation
Project Stage:Pursuing Resource Increase/Upgrade
Report details:28-2-2020: Mawson Resources Ltd. announces a Resource Estimation report for its Rajapalot deposit at the Rajapalot project. Amended Mineral Resource Estimate Technical Report. AMC Consultants Pty Ltd (AMC) was commissioned by Mawson Resources Ltd (Mawson)
Resources:(Resource, Inf.): 4.3Mt @ 2.3g/t Au, 430ppm Co
CP/QP:[Resources]: Rodney Webster (AMC Consultants Pty Ltd.)
ABSTRACT:AMC Consultants Pty Ltd (AMC) was commissioned by Mawson Resources Ltd (Mawson) to report the results of a Mineral Resource estimate for the Rajapalot Gold-Cobalt Project (Property located in Lapland Finland. This Mineral Resource has been reported according to the CIM Definition Standards (2014) and the report is written in accordance with the requirements of National Instrument 43-101 (NI 43-101) “Standards of Disclosure for Mineral Projects” of the Canadian Securities Administrators. A site visit was carried out in October 2018 by Rod Webster Principal Geologist who is acting as the qualified person (QP) for reporting of the Mineral Resource estimate. Mr. Rodney Webster of AMC Consultants Pty Ltd is acting as the qualified person (QP) for reporting of the Mineral Resource estimate. The Mineral Resource is reported in accordance with the NI 43-101 requirements. On April 30, 2010, Mawson entered into an agreement with AREVA Finland (AREVA) whereby the Company acquired 100 % of AREVA’s mineral properties and exploration database in exchange for €1 million.

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