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Mawson Resources says Rajapalot drill programme on track to complete 15,000 metres this winter

Last updated: 15:56 23 Mar 2018 GMT, First published: 11:56 23 Mar 2018 GMT

snow truck
Drill programme on track to complete 15,000 metres this winter

Mawson Resources Ltd (TSX:MAW) said that although it had to complete drilling at the Kairamaat 2-3 permit a few weeks earlier than anticipated, its 100%-owned Rajapalot gold drill programme is on track to complete 15,000 metres this winter.

In an update on its drilling plans at Rajapalot in Finland, Michael Hudson, chairman and chief executive officer, said: “Owing to a complicated Finnish administrative system, we have had to complete drilling at Kairamaat 2-3 permit a few weeks earlier than anticipated.

READ: Mawson Resources beefs up drilling at Rajapalot with a fifth rig

Winter drilling on snow cover is only permitted within the Kairamaat 2-3 area.

The next steps are to work with all authorities over the coming months to ensure drilling can continue in the Kairamaat 2-3 next winter.

Hudson said three drill rigs continue to drill 24/seven in the fully permitted Hirvimaa and Raja exploration permits and infill base-of-till drilling is planned at Rompas within the fully permitted Mannisto exploration permit areas (4,213 hectares in total) while winter conditions prevail.

He said 44 diamond drill holes for 9,838 metres have already been completed at the Kairamaat 2-3 exploration permit area (1,462 hectares) this winter, which is part of Mawson's regional 16,256-hectare land package in Finland. 

The results are pending for 39 drill holes and as such, Hudson said the news flow "will continue for the coming months."

Hudson added: “Our challenge is to now search for extensions of the mineralised system north of Palokas and to the east of Raja prospects and build up further targets for ongoing summer drilling."

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on 28/1/13