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Mawson Resources (TSX:MAW) has announced that a hand-portable diamond drill rig has been mobilized to the Boardwalk prospect at the 100 percent owned Rompas-Rajapalot project in Finland. As quoted in the press release: Key Points: Hand-portable diamond drilling to 100m depth will resume this week at the Boardwalk prospect, located 550 metres south of the …
Mawson Resources (TSX:MAW) has announced that a hand-portable diamond drill rig has been mobilized to the Boardwalk prospect at the 100 percent owned Rompas-Rajapalot project in Finland.
As quoted in the press release:
Key Points:
- Hand-portable diamond drilling to 100m depth will resume this week at the Boardwalk prospect, located 550 metres south of the main Palokas prospect
- Boardwalk is an untested surface outcrop and boulder field, with 15 samples >0.1 g/t gold averaging 15.3 g/t gold, ranging from 0.18 g/t gold to 221 g/t gold, with a median of 1.0 g/t gold.
- A geophysical magnetic high is directly coincident with the auriferous mineralization at Boardwalk; and
- Boardwalk is interpreted to be hosted within the same host unit as the Palokas mineralization.
- A 225 base-of-till (“BOT”) drill hole program has now been completed at the Raja prospect, located one kilometre east of Palokas.
Mr Hudson, President & CEO states, “We look forward to this first program diamond drill program at the Boardwalk prospect on the Palokas trend and the news flow which will follow. Significant advances in the geological understanding of the Rompas-Rajapalot project have been achieved since we completed our last diamond drill program early this year. Structural, stratigraphic and fluid-rock similarities have been identified across a range of mineralization styles, allowing recognition of more than 65 kilometres strike of gold-prospective host stratigraphy of Paleoproterozoic age, with multiple targets remaining to be tested.”