Mawson Resources hails latest Finnish drill results, underlines potential to increase resources at Palokas prospect
Mawson Resources Limited (TSE:MAW) (OTCMKTS:MWSNF) has posted the latest drill results from its Rajapalot project in Finland, which it says underlines the potential to significantly increase resources at the Palokas prospect.
Mawson completed 44 holes during the 2019 winter drill season and full assays from 14 holes are still pending.
READ: Mawson Resources adds more high-grade gold and cobalt results from Finnish project
Highlights from Monday’s reported assays included a hole (PAL0194) that showed 15.2 metres at 8.5 g/t (grams per ton) gold equivalent, 4.3 g/t gold and 2,566 ppm (parts per million) cobalt (Co) from 418.7 metres.
This hole was drilled 275 metres down-plunge from the high-grade gold-cobalt mineralization previously announced at Palokas.
“The 2019 drill program is now delivering across multiple prospects,” said Michael Hudson, chairman and CEO at Mawson. “This is an extremely strong result, tripling Palokas’ high grade potential with PAL0194 intersecting 15.2 metres @ 8.5 g/t AuEq from a 275 metre step out below high-grade mineralization.”
Hudson also highlighted that the Palokas high-grade zone remained open up and down-plunge of the PAL0194 hole and to the north of the conductive trend.
High cobalt content
Also noteworthy, the resource group said Monday, was the high cobalt content in PAL0194 compared to other holes on the property, with the highest grade interval showing 1 metre at 23.6 g/t (grams per ton) gold and 1.5% cobalt.
Further drilling on the high grade trend at Palokas is required, but similarities to the linear trend at Raja prospect, 1.4 kilometres SSE (south south east) of the Palokas prospect, are clear, said Mawson.
The Rajapalot maiden resource positioned the site as one of Finland’s current top three gold resources by grade and contained ounces and one of a small group of cobalt resources.
Contact Giles at giles@proactiveinvestors.com
Follow him on Twitter@Gile74
Story by ProactiveInvestors
Source: https://www.proactiveinvestors.com/companies/news/221394/mawson-resources-hails-latest-finnish-drill-results-underlines-potential-to-increase-resources-at-palokas-prospect-221394.html
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Lion’s Mane Mushroom
Mushrooms are having a moment. One fabulous fungus in particular, lion’s mane, may help improve memory, depression and anxiety symptoms. They are also an excellent source of nutrients that show promise as a therapy for dementia, and other neurodegenerative diseases. If you’re living with anxiety or depression, you may be curious about all the therapy options out there — including the natural ones.Our Lion’s Mane WHOLE MIND Nootropic Blend has been formulated to utilize the potency of Lion’s mane but also include the benefits of four other Highly Beneficial Mushrooms. Synergistically, they work together to Build your health through improving cognitive function and immunity regardless of your age. Our Nootropic not only improves your Cognitive Function and Activates your Immune System, But it benefits growth of Essential Gut Flora, further enhancing your Vitality.
Our Formula includes:
Lion’s Mane Mushrooms which Increase Brain Power through nerve growth, lessen anxiety, reduce depression, and improve concentration. Its an excellent adaptogen, promotes sleep and improves immunity.
Shiitake Mushrooms which Fight cancer cells and infectious disease, boost the immune system, promotes brain function, and serves as a source of B vitamins.
Maitake Mushrooms which regulate blood sugar levels of diabetics, reduce hypertension and boosts the immune system.
Reishi Mushrooms which Fight inflammation, liver disease, fatigue, tumor growth and cancer. They Improve skin disorders and soothes digestive problems, stomach ulcers and leaky gut syndrome.
Chaga Mushrooms which have anti-aging effects, boost immune function, improve stamina and athletic performance, even act as a natural aphrodisiac, fighting diabetes and improving liver function.
Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules. Today Be 100% Satisfied Or Receive A Full Money Back Guarantee Order Yours Today By Following This Link.
| Online: | |
| Visits: | 1,609,494,596 |
| Stories: | 8,167,951 |
Whistler Blowers, Insiders
