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Mawson makes ‘great’ start to winter drilling in Finland

Tuesday, February 21, 2017 8:11
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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.”



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