For thousands of other reports visit RSC's Mineral Intellingence Map
Mawson Resources Ltd.
Summary
| Project: | Rajapalot | |
|---|---|---|
| Deposit: | South Palokas, Palokas | |
| Location: | Finland | |
| Commodities: | Gold-Cobalt | |
| Date: | 2/28/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 28-2-2020: Mawson Resources Ltd. announces an Exploration/Drilling Update report for its South Palokas, Palokas deposit at the Rajapalot project. Drilling results incl. 17.7m @ 3.8g/t Au, 880ppm Co, from 293m. Resource expansion drilling at Rajapalot is o | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Nick Cook (Internal) | |
| ABSTRACT: | Resource expansion drilling at Rajapalot is ongoing with three diamond drill rigs completing the programs at Palokas, South Palokas and Raja prospects. Owing to rig scheduling and good drill conditions this has been reduced from 5 rigs that were operating during January and February. A total of 26 holes (PAL0202–PAL0225; and completion of PAL0201D) for 9,721 metres have been completed, to schedule, out of a 15,000 metre planned program. Mawson has now released results from 9 drill holes in releases today, and on 20th January and 5th February 2020. The current drill program aims to extend and infill mineralization (Figure 1) and provide data for an updated resource estimate to be delivered by the end of Q3 2020. Drill hole PAL0213 at South Palokas, returned 17.7 metres @ 3.8 g/t Au, 880 ppm Co, 4.3 g/t AuEq from 293.0 metres AND 6.0 metres @ 9.2 g/t Au, 1364 ppm Co, 10.0 g/t AuEq from 317.0 metres. PAL0213 was drilled to intersect the section including PAL0203 and PAL0197 (32 m @ 1.4 g/t Au, 1556 ppm Co from 294.3 metres; 2019 drill campaign). PAL0203 (12.0 metres @ 5.4 g/t Au, 2,221 ppm Co, 6.8 g/t AuEq from 303.0 metres, | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report