Mawson Resources Returns 0.5 Metres at 148 g/t Gold During Winter Drilling Campaign

Mawson Resources Limited (TSX:MAW) reported the second round of drilling results from their 2013 winter drilling program at the North Rompas, South Rompas and North Rajapalot prospects.

As quoted in the press release:

Key points:

• Highlight results are 0.5 metres at 148 g/t gold and 0.42% U₃O₈ from 16.5 metres in drill hole ROM0074 and 1.4 metres at 17.6 g/t gold and 0.03% U₃O₈ from 5.8 metres in drill hole ROM0079 from South Rompas;
• At South Rompas, drilling has clearly defined a gold-mineralized envelope;
• At Rajapalot, drilling has intersected broad low-grade gold zone, 8 kilometres east of the Rompas trend;
• In total 51 drill holes have been completed this winter at Rompas-Rajapalot, with 29 drill holes for 2,462 metres drilled at North Rompas; 14 holes for 753 metres at South Rompas and 8 holes for 762 metres at North Rajapalot

Mawson’s CEO and President, Michael Hudson, said:

The majority of the new results presented here, which include 0.5 metres at 148 g/t gold at a shallow depth are from South Rompas,where the vein-style gold mineralization is shaping up. Notably, 9 of the 14 drill holes at South Rompas intersected gold bearing structures. Bulk testing is now required to estimate the true grade of the gold which varies from bonanza grades to lower grades over short intervals.

To view the whole press release, click here.