Mawson Grab Samples up to 1,520 g/t Gold at Rajapalot, Finland

By Midnight Trader,  January 14, 2013, 09:52:34 AM EDT

Mawson Resources Limited (MAW.V) reports that it has discovered further gold mineralization at the Rajapalot project in Northern Finland with grab samples returning up to 1,520 g/t gold. Mineralization has now been discovered within an area of 4 square kilometres at Rajapalot, which lies 8 kilometres east of the initial Rompas gold discovery.

Highlights from the new results include:

Discovery of new prospect area, Hirvimaa, located 1 kilometre north of previously known mineralization, where 17 surface grab samples returned up to 1,520 g/t gold (minimum 0.0 g/t gold) and 17,300 ppm uranium (minimum 0.1 ppm uranium) and averaged 55.5 g/t gold and 2,246 ppm uranium.

In total, 80 grab samples from the Rajapalot prospect to date average 152.0 g/t gold and 3,248 ppm uranium and range from 0.001g/t to 2,817 g/t gold and 0.1 to 81,900 ppm uranium.




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Commodities

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