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Overview

Finland

The Rajapalot and Rompas exploration projects are Mawson’s flagship properties in Finnish Lapland. Both disseminated and nuggetty high-grade gold has been discovered within a camp-scale area over 10 sq. km.

Initial discoveries of nuggety, high-grade, gold-uraninite-bearing dolomite veins developed over a 6km trend at Rompas led to the maiden drill program returning 6m at 617 g/t gold from 7m depth in drill hole ROM0011 in 2011.

At Rajapalot, approximately 8 km east, the discovery of Palokas in 2013 by drilling returned high-grade, disseminated gold including 19.5m at 7.4 g/t gold from 1.3m in PRAJ0006 and 5.4m at 37.6 g/t gold from 2.5m in PRAJ0009.

During the winter of 2015-16, drilling tested the broader extents of the Rajapalot system for the first time. Results defined the scale of the hydrothermal system, with major outcomes including:

  • Deepest and best drill result achieved to date outside Palokas with PAL0016 returning 8.4m @ 4.2 g/t gold from 206.0m in PAL0016, 350m along strike from the main Palokas mineralization;
  • Mineralized rocks drilled over 3.5km strike with PAL0023 returning 3.0m @ 2.1 g/t gold from 84.4m;
  • Multiple levels of mineralization within a 100m thick stratigraphic package;
  • Multiple targets remain untested.
  • The reinterpretation of the geology indicates 65km of host stratigraphy exists within Mawson's permit area. In combination with widespread hydrothermal alteration and gold mineralization, expectations for further drilling success remain high. A large drill program is planned for the winter 2016/17. Learn More