Mawson Resources Ltd (TSX:MAW) has discovered a new zone of gold at shallow depth at the Raja prospect that is open with a strike length of at least 200 metres.
The discovery comes from a programme of ten additional diamond drill holes drilled this winter at Rajapalot in Northern Finland.
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Raja lies 1.75 kilometres from another target, Palokas, and is the easternmost prospect tested to date in the Rajapalot area.
Best results included 27m at 3.3 g/t gold from 64.0 metres including some high grade zones.
A second hole 200m to the north of PAL0075 intersected 13.5 metres at 4.0 ppm gold from 180 metres
Michael Hudson, chief executive, said: "A blind discovery of this grade and thickness made in multiple drill holes, 1.75 kilometres from Palokas is a significant result for the Rajapalot project.
“By applying our understanding on the controls on mineralization, we are now successfully intersecting multiple high-grade gold mineralized zones under the thin glacial soil cover. This first systematic season of drill testing has proven the scale of the system, and is defining a wide range of exciting targets.
“With approximately 50% of assays still to come from the winter program, we look forward to substantial further news flow."