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Mawson makes ‘great’ start to winter drilling in Finland

Tuesday, February 21, 2017 8:11
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(Before It's News)

Mawson Resources Ltd (TSX:MAW) has hit two high grade gold intersections in latest drilling at Rajapalot in Finland.

Hole PAL0030 at the Palokas target intersected 10.0 metres at a grade of 11.6 g/t gold from a depth of 110.2 metres while PAL0027 intersected 6.8 metres at14.7 g/t gold from 34.4 metres.

Michael Hudson, chief executive, described it as a great start to the winter program, especially hole PAL0030.

This was a high-grade gold shoot, down plunge from near surface mineralization, which resulted in the deepest high grade-width intersection at Rajapalot, to date, he added.

This high-grade intercept is the high grade-width intersection at Rajapalot, and confirms the shoot interpretation, which remains open at depth, Hudson added.

“Two rigs continue to drill 24/7 over 1,800 metres of strike length. Given the discovery success to date, two additional drill rigs, subject to permitting, will be mobilized to site in the coming weeks.”

 

 

Story by ProactiveInvestors



Source: http://www.proactiveinvestors.com/companies/news/173474/

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