Mawson Finland (TSXV:MFL)

Mawson Finland: Gold, Cobalt Exploration in Lapland Region, Northern Finland


Mawson Finland (TSXV:MFL) is a mining development company focused on gold-cobalt in northern Finland advancing its the Rajapalot gold-cobalt project in the Lapland region. Driven by a highly experienced local management and technical team, and supported by a strong Finnish investor ownership, the company is poised to become a key player in the gold-cobalt market.

Mawson Finland's Rajapalot project spans 18,000 hectares and boasts an inferred resource of 9.8 Mt consisting of 867,000 oz gold at 2.8 g/t and 4,311 tonnes of cobalt at 441 parts per million (ppm). A completed preliminary economic assessment (PEA) estimated a net present value (NPV) of US$211 million and a 27 percent internal rate of return (IRR) based on US$1,700 gold price, with significant upside from greenfield exploration.

Mawson Finland's Rajapalot project resource

The Rajapalot gold-cobalt project is the company's cornerstone asset. Covering approximately 18,000 hectares, Rajapalot is distinguished by its significant gold and cobalt mineralization, making it one of the notable dual-commodity projects in Europe.

Company Highlights

  • Mawson Finland is a newly listed exploration company focused on advancing its gold-cobalt project in the Lapland Region of Finland, a tier 1 mining jurisdiction.
  • The project hosts multiple high-grade zones, which have been the focus of extensive exploration activities.
  • The completed PEA on Rajapalot has an inferred resource of 9.78 million tonnes containing 867,000 ounces of gold and 4,311 tonnes of cobalt with grades of 2.8 g/t and 441 ppm, respectively. Additionally, the PEA includes an NPV (5 percent) of US$ 211 million with a 27 percent IRR.
  • Cobalt, a key by-product of the Rajapalot project, is crucial for the manufacturing of electric vehicle (EV) batteries and renewable energy storage solutions.

This Mawson Finland's profile is part of a paid investor education campaign.*

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Mawson Finland (TSXV:MFL)

Mawson Finland Limited


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Mawson Finland Limited ("Mawson" or the "Company") (TSXV:MFL) is pleased to announce that our CEO Ms. Noora Ahola has been recognized with the prestigious Female Director of the Year award, a testament to her exceptional leadership and impact in the Lapland region of Finland. The award was presented to Ms. Ahola on December 10th 2024

The Lapland Chamber of Commerce award recognizes Ms. Ahola's dedication and relentless pursuit of excellence. The criteria for the award state that Ahola has promoted the future of Lapland's business community both in the Mining Committee and in the Boards of the Lapland Chamber of Commerce and Board of the Finnish Mining Association. She is an active, constructive and positive female leader.

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