
November 01, 2024
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$1,700 gold price, with significant upside from greenfield exploration.
The Rajapalot gold-cobalt project is the company's cornerstone asset. Covering approximately 18,000 hectares, Rajapalot is distinguished by its significant gold and cobalt mineralization, making it one of the notable dual-commodity projects in Europe.
Company Highlights
- Mawson Finland is a newly listed exploration company focused on advancing its gold-cobalt project in the Lapland Region of Finland, a tier 1 mining jurisdiction.
- The project hosts multiple high-grade zones, which have been the focus of extensive exploration activities.
- The completed PEA on Rajapalot has an inferred resource of 9.78 million tonnes containing 867,000 ounces of gold and 4,311 tonnes of cobalt with grades of 2.8 g/t and 441 ppm, respectively. Additionally, the PEA includes an NPV (5 percent) of US$ 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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31 October 2024
Mawson Finland Limited
Gold and cobalt exploration in Tier 1 Lapland Region in Northern Finland
05 March
Mawson Finland Announces Closing of Brokered Private Placement for $6.0 Million
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Mawson Finland Limited (" Mawson " or the " Company ") (TSX-V: MFL) is pleased to confirm the closing of its previously announced brokered private placement financing (the " Offering ") for gross... Keep Reading...
14 February
Mawson Finland Announces Upsize of Brokered Private Placement
/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES / Mawson Finland Limited (" Mawson " or the " Company ") (TSXV: MFL) is pleased to announce that due to significant demand, it has entered into an agreement with Stifel Nicolaus Canada Inc. (the "... Keep Reading...
12 February
Canadian Investment Regulatory Organization Trade Resumption - MFL
Trading resumes in: Company: Mawson Finland Limited TSX-Venture Symbol: MFL All Issues: Yes Resumption (ET): 8:00 am 2/13/2025 CIRO can make a decision to impose a temporary suspension (halt) of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair... Keep Reading...
12 February
Mawson Finland Announces Brokered Private Placement for Up to C$5,000,000
/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES / Mawson Finland Limited (" Mawson " or the " Company ") (TSXV: MFL) is pleased to announce that it has entered into an agreement with Stifel Nicolaus Canada Inc. (the " Agent ") to act as lead... Keep Reading...
15 January
Mawson Finland Begins 2025 Drill Program, Mobilizing Multiple Drill Rigs at Rajapalot
Mawson Finland Limited ("Mawson" or the "Company") (TSX-V:MFL) is pleased to announce the mobilization of four diamond drill rigs, and a ‘base-of-till' (BOT) drilling rig to site, kicking-off the 2025 drill program at the Company's wholly-owned Rajapalot gold-cobalt project in Finland... Keep Reading...
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Gold marked a new price milestone on Tuesday (October 7), with futures breaking US$4,000 per ounce. The spot price also hit a fresh record, rising as high as US$3,990.74. The yellow metal's rise follows a summer of consolidation. After several months of relatively flat trading, the price began... Keep Reading...
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