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.
Mawson is up 7 cents to $1.67, bringing it nearer a year high of
$1.75. Shares touched a high of $1.71 earlier.