Mawson Resources (TSE:MAW) (Frankfurt:MXR) will resume drilling at the Palokas high grade gold discovery within the Rajapalot project area in Finland on August 03, 2015. The program is expected to last until the end of October, focusing on 12 holes for 600 meters.
The drilling will proceed down dip and down plunge based on drill results from 2013 to 2015: 19.5 metres @ 7.4 g/t gold from 18.1 metres, including 5.0m @ 24.1 g/t gold from 26.7 metres; 19.0 metres @ 2.3 g/t gold from 8.0 metres, including: 8.7m @ 4.6 g/t gold from 16.9 metres; 19.5 metres @ 7.4 g/t gold from 1.3 metres, including: 5.4m @ 37.6 g/t gold from 2.5m.
"Previous gold intersections at Palokas are wide, high-grade, near-surface and remain open in all directions. Should results prove encouraging, we now have the ability to drill with our Winkie rig through to the Finnish winter without interruption. We will continue to work closely with both the mining and environmental authorities to ensure our work is conducted according to sustainable and global best practice methods," said Mawson Resources’ president and CEO, Michael Hudson.
The company will continue to operate its own hand portable, low impact Winkie drill rig, capable of drilling to depths of 120 metres. Drilling tested beneath earlier intersections demonstrating gold extraction.
This has a low environmental impact and eases portability thanks to its reduced weight. Mawson will also capture all drill cuttings, placing walkways to reduce the impacts of foot traffic.
The drill holes will test below and along strike from known gold mineralization within an area of 600 metres along strike by up to 200 metres across strike.
Mawson and relevant environmental authorities have completed and will continue biological baseline mapping of all areas where drilling and access will take place.
Neighboring village associations and the local municipality support Mawson’s project, wanting to see it progress such that it might also serve as a potential future employment base for declining population areas in the Lapland region.