Mawson Resources looks to expand resource at Rajapalot with new 15,000 metre drill program
The new program aims to expand the resource by extending the Palokas, South Palokas and Raja targets with an updated estimate in 2020
Company
Mawson Gold Limited
TSE:MAW
Mawson Resources Limited (TSX:MAW) has distinguished itself as a leading Nordic Arctic exploration company with a focus on the flagship Rompas and Rajapalot gold projects in Finland. New high grade and thick core sample results in May 2015 at the Palokas project include 19.6m @ 7.5 g/t gold from 18.1 metres in drill hole PRAJ0107 including 5.0m @ 24.1 g/t gold from 26.7 metres with visible gold present. Gold mineralization remains open in all directions. This disseminated mineralization is coincident with a VTEM geophysical conductor that extends for more than 500 metres.
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Mawson Resources closes on oversubscribed C$7.9M private placement
The net proceeds will be used for exploration on its properties, located mainly in Finland, and for working capital and general corporate purposes
Mawson Resources' previously announced placing is oversubscribed by C$1M to stand at C$6M
Net proceeds will be used for "exploration on the company's exploration properties, the firm said
Mawson Resources seeks to raise up to $5M through brokered private placement
The company has granted Red Cloud an over-allotment option, which if exercised in full, will raise an additional $2 million
Mawson Resources says test results from Rajapalot project show over 90% gold and cobalt liberation
The results indicate that the metals can be extracted in a low-cost and energy-efficient manner
Mawson Resources turns attention to resource expansion with Rajapalot drilling
The group sunk 44 holes for 15,059 meters during the 2019 winter season, it told investors
Mawson Resources hails drill results from fifth prospect discovered at giant Rajapalot project
One hole hit multiple gold-cobalt intersections from between the surface and 280 metres depth
Mawson Resources extends high-grade gold and cobalt mineralization at Rajapalot project in Finland
Drilling results from the Raja prospect continued to extend mineralization beyond the current resource boundaries with further continuous and thick high-grade gold-cobalt showings
Mawson Resources extends South Palokas prospect at Finnish gold cobalt property
Highlight assays reported Thursday included 32 metres at 3.9 g/t (gram per ton) gold equivalent, with 1.4 g/t gold and 1,556 ppm (parts per million) cobalt from 294.3m
Mawson Resources hails latest Finnish drill results, underlines potential to increase resources at Palokas prospect
Highlights from the reported assays include one hole that showed 15.2 metres at 8.5 g/t (grams per ton) gold equivalent
Mawson Resources adds more high-grade gold and cobalt results from Finnish project
The company announced new drill results from five holes, including one drill section that intersected 19.7 metres at 8.9 grams per ton gold equivalent and 908 parts per million cobalt
Mawson Resources unveils new drill discovery at Finnish gold-cobalt project
Drilling highlighted a shallow gold-cobalt mineralization at the Rumajärvi prospect on the project, including one intercept of 7.4 metres at 4.4 grams per ton gold equivalent and 597 parts per million cobalt from around 86 metres
Mawson Resources seeing results as it bids to expand flagship resource in mining hotspot Finland
A milestone was reached in December last year, when the company announced a maiden inferred gold-cobalt estimate
Mawson Resources releases further encouraging drill results from its flagship Rajapalot project
At the Raja prospect, one hole intersected 31.3 metres at 6 grams per ton gold equivalent and 1,030 parts per million cobalt from 299 metres
Mawson Resources makes 'solid' start to winter drill program in Finland
At the South Palokas prospect, a hole intersected 17 metres at 3 g/t (grams per ton) gold from 264 metres
Mawson Resources releases encouraging drill results from Oregon project
Mawson revealed it is looking at a potential transaction for the property
Mawson Resources shares advance as it awaits first assays from Rajapalot drill program next month
Four drill rigs continue to target EM extensions below and along strike from the maiden resource
Mawson Resources commences ground preparation and diamond drilling at Rajapalot after exploration permit renewal
Mawson said four drill rigs are to be mobilised to the site within a week, to focus on expanding the maiden gold-cobalt resource for the Rajapalot project announced on 17 December 2018
Mawson Resources unveils more exciting exploration results from Rajapalot project in Finland
In December last year, the firm unveiled a maiden inferred gold-cobalt estimate for its Raja and Palokas prospects
Mawson Resources announces maiden inferred gold-cobalt estimate at Finland project
Resource estimations at Rajapalot have been completed for the Raja and Palokas prospects in Finland