Vancouver based Mawson Resources has expanded the gold and uranium mineralization footprint at its Rajapalot project in northern Finland, according to the company’s latest results from its ongoing 10,000- metre drill program.
Mawson Resources announces newly drill results from ten additional diamond drill holes from the 2017 winter program at the Company’s 100% owned Rajapalot Project in Northern Finland. A new zone of gold mineralization has been discovered at shallow depth at the Raja prospect, with a strike length of at least 200 metres, and remains open.
The Raja prospect is located 1.75 kilometres from Palokas, and is the easternmost prospect tested to date in the Rajapalot area.
The results of preliminary metallurgical tests on drill core from the Palokas prospect at the Rompas-Rajapalot gold project, and those results are “significant”, to quote company president and CEO Michael Hudson.
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.
The latest results have pushed the western, southern and eastern margins of a hydrothermal gold-bearing system to 1.2 km along strike and 400 metres deep, as highlighted by intercepts of 12 metres grading 1.2 g/t gold and 6 metres of 2 g/t gold.
Another hole, positioned 75 metres southwest of a 56-metre intercept grading 0.53 g/t gold, hit 5 metres of 1.2 g/t gold, and is the southernmost hole at Rajapalot to date.
“We’re not just sticking around a small, known area,” Mawson president and CEO Michael Hudson tells The Northern Miner during a phone interview. “We’re really stepping out to define if we have a system of scale.”
Gold recoveries of between 95 percent and 99 percent (average 97 percent) were possible using a combination of gravity separation and conventional cyanidation. Between one-quarter and one-half of the gold was recovered in the gravity circuit. The tails were then leached. SGS Minerals, who performed the tests, suggested a flowsheet could include crushing and grinding, gravity recovery, and cyanide leaching followed by CIP and an onsite refining.
The Rompas portion of the project lies near the Arctic Circle, and high grade gold and uranium are found over an area of roughly 10 x 10 km. The initial hydrothermal gold vein discovery was made in 2010 over a strike of 6 km and a width of 200 to 250 metres. In 2013, Mawson discovered a new style of disseminated gold mineralization at Rajapalot, 8 km east of the Rompas vein system.
Source: Mawson Resources
