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gold investing

Mawson drills 13.7 metres at 2.0 g/t gold at Rajapalot, Finland

Written by Priscila Barrera
|
Apr. 06, 2017 09:01AM PST

Mawson Resources Limited (“Mawson”) or (the “Company”) (TSX:MAW) (Frankfurt:MXR) (PINKSHEETS: MWSNF) announces drill results from thirteen diamond drill holes from the 2017 winter program at the Company’s 100% owned Rajapalot Project in Northern Finland. With these results, the mineralized zone has been significantly extended, with gold mineralization discovered on the western, southern and eastern margins of …

Mawson Resources Limited (“Mawson”) or (the “Company”) (TSX:MAW) (Frankfurt:MXR) (PINKSHEETS: MWSNF) announces drill results from thirteen diamond drill holes from the 2017 winter program at the Company’s 100% owned Rajapalot Project in Northern Finland. With these results, the mineralized zone has been significantly extended, with gold mineralization discovered on the western, southern and eastern margins of the previous mineralization footprint.  Four drill rigs continue to drill 24/7.
As quoted in the press release:

Mr. Hudson, Chairman and CEO, states, “The bold exploration approach taken by Mawson during the 2017 winter program is now paying dividends.  By stepping out to previously known the limits of the mineralized system at Rajapalot, the gold mineralized footprint has been significantly expanded and demonstrated to be open on the western, southern and eastern margins.  In combination with the significant hydrothermal alteration observed in all holes, it is clear a large mineralized system exists at Rajapalot.  With less than 50% of assays received from holes drilled to date, and four rigs still drilling 24/7, we look forward to further news flow.”

Click here for the full text release

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