| | Published : January 14th, 2013 | Grab Samples up to 1,520 G/T Gold at Rajapalot, Finland |
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Re: News Releases - Monday, January 14, 2013 Title: Mawson Grab Samples up to 1,520 G/T Gold at Rajapalot, Finland
Vancouver, Canada -- Mawson Resources Limited ("Mawson") TSX -- MAW; Frankfurt -- MXR, PINKSHEETS- MWSNF has discovered further gold mineralization at the Rajapalot project in Northern Finland with grab samples returning up to 1,520 g/t gold. Mineralization has now been discovered within an area of 4 square kilometres at Rajapalot, which lies 8 kilometres east of the initial Rompas gold discovery.
Highlights from the new results include:
- Discovery of new prospect area, Hirvimaa, located 1 kilometre north of previously known mineralization, where 17 surface grab samples returned up to 1,520 g/t gold (minimum 0.0 g/t gold) and 17,300 ppm uranium (minimum 0.1 ppm uranium) and averaged 55.5 g/t gold and 2,246 ppm uranium (Figures 1 and 2, Tables 1 and 2).
- Rock chip sampling across a strongly altered outcrop at the Palokas prospect averaged 13.4 g/t gold and 226 ppm uranium over 9 metres (Figures 3 and 4). Mineralization is sampled to the overburden contact in both directions (Figure 4). This is the widest zone of continuous gold mineralization found at Rompas-Rajapalot to date. Additionally, the style of mineralization is more sulphidic and of a disseminated or replacement style, which differs from the vein style observed at Rompas. A 1.4 kilometre by 1 kilometre ground based electromagnetic and magnetic geophysical survey is currently underway to test this area and determine extensions of this zone undercover (Figure 1).
- Results from limited channel sampling at Hirvimaa returned up to 2.0m at 21.5 g/t gold and 44 ppm uranium (Figure 2, Table 3).
- In total, 80 grab samples from the Rajapalot prospect to date average 152.0 g/t gold and 3,248 ppm uranium and range from 0.001g/t to 2,817 g/t gold and 0.1 to 81,900 ppm uranium (Tables 1 and 2, Figures 1-6);
Mr Hudson states, "The frequency of discovery at Rajapalot over such a large area is impressive given the limited outcrop, which is restricted to small topographic highs, in a generally swampy terrain. Grades up to 1,520 g/t gold continue to excite and the disseminated and more sulphidic style of mineralization, such as that sampled at Palokas, is of interest as it forms a potential bulk tonnage style of mineralization that is amenable to geophysical targeting undercover."
A summary of sample statistics is shown in Table 1 and all results received to date are shown in Tables 2 and 3. Channel samples are considered representative of the in-situ mineralization sampled and channel widths quoted approximate the true width of mineralization; rock chip panel sampling is considered moderately representative of in-situ mineralization, while grab samples are selective by nature and are unlikely to represent average grades on the property.
In other news, Diamond drilling is ongoing 8 kilometres west of Rajapalot, at the North Rompas prospect. Drilling is targeting structures containing high grade gold, where channel sample results include 1.40 m at 2,529 g/t gold and 5.1 % uranium oxide. To date 25 holes for 2,095 metres have been completed. First results are expected to be received over the next 3 to 4 weeks.
About Mawson Resources Limited (TSX:MAW, FRANKFURT:MXR, PINKSHEETS:MWSNF)
Mawson Resources Limited is a resource acquisition and development company. The Company has distinguished itself as a leading Scandinavian exploration company with a focus on the flagship Rompas-Rajapalot gold project in Finland.
On behalf of the Board,
"Michael Hudson" Michael Hudson, President & CEO
Investor Information www.mawsonresources.com 1305 -- 1090 West Georgia St., Vancouver, BC, V6E 3V7 Mariana Bermudez/Donna Werbes +1 (604) 685 9316 Seema Sindwani +1 647-478-3017 Email: info@mawsonresources.com
Technical Background
Samples were transported by Mawson personnel from site to ALS Chemex Ltd's laboratory in Pitea, Sweden where the samples were prepared and sent to ALS Chemex Ltd's laboratory in Vancouver, Canada to be analyzed by Au-ICP21, GRA-21, ME-MS41u, PGM-ICP27 and ME-MS61u techniques. The QA/QC program of Mawson consists of the systematic insertion of certified standards of known gold content, with blanks at the beginning of each batch. In addition, ALS Chemex inserts a number of blanks and standards into the analytical process. Three NORM samples were analyzed at SRC Geoanalytical Laboratories, Saskatchewan, Canada, by ICP1 Partial Digestion except for gold which was analyzed by Fire Assay. The qualified person for Mawson's Finnish projects, Mr Terry Lees, VP Exploration for Mawson and Fellow of the Australian Institute of Geoscientists has reviewed and verified the contents of this release.
Forward Looking Statement
The statements herein that are not historical facts are forward-looking statements. These statements address future events and conditions and so involve inherent risks and uncertainties, as disclosed under the heading "Risk Factors" in the company's periodic filings with Canadian securities regulators. Actual results could differ from those currently projected. The Company does not assume the obligation to update any forward-looking statement. The TSX Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
Table 1: Summary statistics from all grab samples taken from the Rajapalot discovery to date.
Prospect |
Number of Samples |
Approximate Area |
Max Au g/t |
Min Au g/t |
Average Au g/t |
Max U ppm |
Min U ppm |
Average U ppm |
Sample Type |
Joki |
14 |
800m x 150m |
2,817 |
0.00 |
453.7 |
81900 |
3.7 |
12544 |
6 Outcrops, 8 Boulders |
Palokas |
17 |
170m x 55m |
85.0 |
0.00 |
20.7 |
15100 |
2.5 |
1331 |
15 Outcrops, 2 Boulders |
Rumajarvi |
32 |
700m x 250m |
1,380 |
0.00 |
85.6 |
4870 |
2.7 |
732 |
8 Outcrops, 24 Boulders |
Hirvimaa |
17 |
300m x 100m |
1520 |
0.00 |
55.5 |
17300 |
0.1 |
2246 |
8 Outcrops, 9 Boulders |
TOTAL |
80 |
|
2,817 |
0.00 |
152.0 |
81900 |
0.1 |
3248 |
37 Outcrops, 43 Boulders |
Table 2: All assay results from prospecting grab samples from the Rajapalot area:
Prospect |
Sample Number |
Sample Type |
Au g/t |
U ppm |
Date Reported |
Joki |
231332 |
outcrop |
2817.0 |
81900 |
29-Oct-12 |
Joki |
222353 |
outcrop |
2196.0 |
45100 |
29-Oct-12 |
Joki |
231330 |
outcrop |
933.0 |
7540 |
29-Oct-12 |
Joki |
231422 |
boulder |
148.0 |
23600 |
29-Oct-12 |
Joki |
231331 |
boulder |
136.0 |
1670 |
29-Oct-12 |
Joki |
231836 |
boulder |
52.2 |
433 |
29-Oct-12 |
Joki |
231835 |
outcrop |
41.4 |
4400 |
here |
Joki |
222386 |
boulder |
25.0 |
411 |
here |
Joki |
222385 |
boulder |
0.7 |
59.2 |
here |
Joki |
231333 |
boulder |
0.1 |
8540 |
29-Oct-12 |
Joki |
231837 |
outcrop |
0.1 |
18 |
29-Oct-12 |
Joki |
222387 |
boulder |
0.0 |
373 |
here |
Joki |
231423 |
boulder |
0.0 |
1040 |
4-Sep-12 |
Joki |
231347 |
outcrop |
0.0 |
4 |
4-Sep-12 |
Palokas |
231417 |
outcrop |
85.0 |
16 |
4-Sep-12 |
Palokas |
231810 |
outcrop |
66.3 |
13 |
4-Sep-12 |
Palokas |
231418 |
outcrop |
63.6 |
790 |
29-Oct-12 |
Palokas |
231839 |
outcrop |
53.8 |
31 |
29-Oct-12 |
Palokas |
222375 |
outcrop |
20.5 |
4 |
Here |
Palokas |
231838 |
outcrop |
19.6 |
7 |
29-Oct-12 |
Palokas |
222372 |
outcrop |
12.5 |
238 |
29-Oct-12 |
Palokas |
222376 |
outcrop |
8.3 |
3 |
Here |
Palokas |
222374 |
outcrop |
7.5 |
14 |
Here |
Palokas |
222377 |
outcrop |
4.5 |
5 |
Here |
Palokas |
222378 |
outcrop |
4.0 |
10 |
Here |
Palokas |
231419 |
outcrop |
2.2 |
3790 |
29-Oct-12 |
Palokas |
222379 |
outcrop |
1.6 |
10 |
Here |
Palokas |
231843 |
boulder |
1.4 |
75 |
29-Oct-12 |
Palokas |
231420 |
outcrop |
0.5 |
15100 |
29-Oct-12 |
Palokas |
231421 |
outcrop |
0.1 |
64 |
4-Sep-12 |
Palokas |
231814 |
boulder |
0.3 |
2550 |
Here |
Rumajarvi |
231817 |
boulder |
1380.0 |
1070 |
Here |
Rumajarvi |
231340 |
boulder |
1245.0 |
2750 |
29-Oct-12 |
Rumajarvi |
231819 |
boulder |
33.0 |
500 |
29-Oct-12 |
Rumajarvi |
231416 |
outcrop |
22.7 |
630 |
29-Oct-12 |
Rumajarvi |
231805 |
boulder |
14.4 |
301 |
4-Sep-12 |
Rumajarvi |
231806 |
boulder |
11.3 |
460 |
4-Sep-12 |
Rumajarvi |
231336 |
boulder |
9.4 |
18 |
4-Sep-12 |
Rumajarvi |
231339 |
boulder |
7.1 |
2500 |
4-Sep-12 |
Rumajarvi |
231818 |
boulder |
4.6 |
301 |
29-Oct-12 |
Rumajarvi |
231338 |
boulder |
3.30 |
420 |
4-Sep-12 |
Rumajarvi |
231428 |
boulder |
2.0 |
1890 |
Here |
Rumajarvi |
231833 |
boulder |
2.0 |
7 |
29-Oct-12 |
Rumajarvi |
231803 |
outcrop |
1.3 |
75 |
29-Oct-12 |
Rumajarvi |
231337 |
boulder |
0.9 |
460 |
4-Sep-12 |
Rumajarvi |
231832 |
boulder |
0.6 |
389 |
29-Oct-12 |
Rumajarvi |
231809 |
outcrop |
0.5 |
23 |
4-Sep-12 |
Rumajarvi |
231841 |
outcrop |
0.4 |
36 |
29-Oct-12 |
Rumajarvi |
231804 |
boulder |
0.3 |
2340 |
29-Oct-12 |
Rumajarvi |
222370 |
outcrop |
0.2 |
33 |
29-Oct-12 |
Rumajarvi |
231834 |
boulder |
0.1 |
485 |
29-Oct-12 |
Rumajarvi |
231807 |
boulder |
0.1 |
4870 |
29-Oct-12 |
Rumajarvi |
231808 |
outcrop |
0.1 |
28 |
4-Sep-12 |
Rumajarvi |
231335 |
outcrop |
0.1 |
31 |
4-Sep-12 |
Rumajarvi |
231342 |
boulder |
0.1 |
91 |
4-Sep-12 |
Rumajarvi |
231840 |
boulder |
0.1 |
120 |
29-Oct-12 |
Rumajarvi |
231415 |
outcrop |
0.0 |
7 |
4-Sep-12 |
Rumajarvi |
231820 |
boulder |
0.0 |
31 |
29-Oct-12 |
Rumajarvi |
231831 |
boulder |
0.0 |
59 |
29-Oct-12 |
Rumajarvi |
231341 |
boulder |
0.0 |
580 |
4-Sep-12 |
Rumajarvi |
231830 |
boulder |
0.0 |
1850 |
Here |
Rumajarvi |
231829 |
boulder |
0.0 |
5 |
29-Oct-12 |
Rumajarvi |
231816 |
boulder |
0.0 |
337 |
29-Oct-12 |
Hirvimaa |
232194 |
boulder |
1520.0 |
17300 |
Here |
Hirvimaa |
232198 |
outcrop |
858.0 |
1570 |
Here |
Hirvimaa |
232187 |
boulder |
253.0 |
14650 |
Here |
Hirvimaa |
232197 |
outcrop |
83.8 |
1760 |
Here |
Hirvimaa |
232186 |
boulder |
1.42 |
11 |
Here |
Hirvimaa |
232199 |
outcrop |
1.3 |
2 |
Here |
Hirvimaa |
232193 |
boulder |
0.9 |
690 |
Here |
Hirvimaa |
232185 |
boulder |
0.7 |
2120 |
Here |
Hirvimaa |
232192 |
outcrop |
0.5 |
43 |
Here |
Hirvimaa |
232196 |
outcrop |
0.0 |
2 |
Here |
Hirvimaa |
237204 |
outcrop |
0.0 |
0 |
Here |
Hirvimaa |
237209 |
boulder |
0.0 |
7 |
Here |
Hirvimaa |
237203 |
boulder |
0.0 |
1 |
Here |
Hirvimaa |
237202 |
boulder |
0.0 |
1 |
Here |
Hirvimaa |
232779 |
outcrop |
0.0 |
15 |
Here |
Hirvimaa |
237205 |
boulder |
0.0 |
1 |
Here |
Hirvimaa |
237207 |
outcrop |
0.0 |
13 |
here |
Table 3: Summary of trenches samples from the Hirvimaa prospect at the Rajapalot prospect.
Lower cut-off of 0.1 g/t gold over 1 metre.
Trench |
Total length |
From |
To |
Interval |
Au g/t |
U ppm |
Trench 115408 |
4.4 |
1.6 |
3.6 |
2 |
21.5 |
43.9 |
|
includes |
2.4 |
2.9 |
0.5 |
85.6 |
173 |
Trench 115409 |
2.4 |
0.7 |
1.8 |
1.1 |
0.67 |
610 |
Trench 115410 |
3 |
2.4 |
3 |
0.6 |
0.264 |
0.5 |
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Copyright � 2013 MAWSON RESOURCES LTD. (MAW) All rights reserved. For more information visit our website at http://www.mawsonresources.com or send email to info@mawsonresources.com ..
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VanEck Vectors Global Alternative Energy ETF
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DEVELOPMENT STAGE |
CODE : MAW.V |
ISIN : CA57776G1063 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Mawson Res. is a gold and uranium exploration company based in Canada. Mawson Res. holds various exploration projects in Peru and in Sweden. Its main asset in development is FLISTJARN in Sweden and its main exploration properties are NUOTTIJÄRVI URANIUM PROJECT and ROMPAS in Finland, STENSJÖDALEN URANIUM PROJECT, SJAULE URANIUM PROJECT, LÅNGVATTNET URANIUM PROJECT, ÅSNEBOGRUVAN URANIUM PROJECT, NORR DÖTTERN URANIUM PROJECT, PRÄSTRUN URANIUM PROJECT, TRESJÖARNA URANIUM PROJECT, TÅSJÖ, DUOBBLON URANIUM PROJECT and KLÄPPIBÄCKEN in Sweden, DON BENITO in Spain and ALTO QUEMADO in Peru. Mawson Res. is listed in Canada, in Germany and in United States of America. Its market capitalisation is 49.8 millions as of today (US$ 36.2 millions, € 33.1 millions). Its stock quote reached its lowest recent point on August 02, 2024 at 0.54, and its highest recent level on September 30, 2024 at 1.12. Mawson Res. has 47 442 200 shares outstanding. |
In the News and Medias of VanEck Vectors Global Alternative Energy ETF |
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Project news of VanEck Vectors Global Alternative Energy ETF |
10/7/2014 | Mawson Resources Limited - First high grade gold shallow dri... |
2/18/2014 | Continues to Expand Mineralization Along Trend at Rajapalot,... |
1/20/2014 | Intersects 19.0 Metres At 2.3 G/T Gold At Palokas, Finland |
10/3/2013 | Drills 9 Metres at 10.2 g/t Gold at Palokas, Finland |
9/18/2013 | (Rompas)Announces Restart of Diamond Drilling at Rompas, Finland |
4/3/2013 | (Rompas)Drills 0.5 Metres At 148 G/T Gold Uncut At South Rompas, Fin... |
1/14/2013 | Grab Samples up to 1,520 G/T Gold at Rajapalot, Finland |
5/31/2012 | (Rompas)Drills 6 Metres at 617 g/t Gold Uncut at Rompas, Finland |
3/6/2012 | (Rompas)First Diamond Drill Program Commences at Rompas in Finland |
2/6/2012 | (Rompas)Discovers Further Mineralization at Rompas in Finland with P... |
6/30/2011 | (Rompas)Launches Summer Work at The Rompas Gold Discovery in Finland... |
5/3/2011 | (Rompas)Files One of Finland's Largest Claim Applications at Rompas |
4/28/2011 | (Alto Quemado)Registers Agreements for the Alto Quemado Gold-Copper Projec... |
4/27/2011 | (Alto Quemado)REGISTERS AGREEMENTS FOR THE ALTO QUEMADO GOLD-COPPER PROJEC... |
3/16/2011 | (Rompas)Receives Permit for Shallow Drilling at the Rompas Gold Proj... |
2/22/2011 | (Rompas)Channels 0.35 Metres @ 1,460 g/t Gold And 1.4% Uranium And G... |
10/12/2010 | (Rompas)Samples Up To 1,415 Grams Per Tonne Gold At Rompas In Finlan... |
6/16/2010 | Increases Claim Holding And Releases NI43-101 Technical Repo... |
6/7/2010 | Reports Bonanza Gold with High Grade Uranium at Rompas, Finl... |
11/7/2007 | (Flistjarn)Stakes Three Uranium Claims at Saramki, Finland |
8/15/2007 | Significance of Tasjo Uranium Project and Recent Drill Resul... |
8/14/2007 | Results from Tasjo Uranium Project, Sweden |
4/23/2007 | Identifies High-Grade Uranium at Tresjoarna In Sweden |
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Corporate news of VanEck Vectors Global Alternative Energy ETF |
7/12/2016 | MAWSON TO DRILL 1,000 BASE OF TILL HOLES AT THE RAJAPALOT GO... |
4/26/2016 | MAWSON DRILLS 2.9 METRES @ 5.9 g/t GOLD AT PALOKAS GOLD PROJ... |
4/4/2016 | MAWSON ANNOUNCES RESIGNATION OF DIRECTOR GIL LEATHLEY |
1/18/2016 | MAWSON UPDATES DRILL AND GEOPHYSICAL PROGRAMS AT PALOKAS GOL... |
12/18/2015 | MAWSON COMMENCES 4,000 METRE DRILL AND 3D GEOPHYSICAL PROGRA... |
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11/27/2015 | MAWSON ANNOUNCES RESULTS OF ANNUAL GENERAL AND SPECIAL MEETI... |
10/22/2015 | MAWSON ANNOUNCES $3 MILLION PRIVATE PLACEMENT FINANCING |
10/22/2015 | IIROC Trade Resumption - MAW |
10/22/2015 | IIROC Trading Halt - MAW |
10/21/2015 | MAWSON DRILLS 7.0 METRES AT 7.2 g/t GOLD AT PALOKAS, FINLAND |
10/14/2015 | MAWSON DRILLS 20.6 METRES AT 2.7 g/t GOLD AT PALOKAS, FINLAN... |
9/24/2015 | MAWSON DRILLS 5.8 METRES AT 6.2 g/t GOLD AT PALOKAS, FINLAND |
9/3/2015 | Mawson Drills 19.0 Metres at 5.3 g/t Gold at Palokas, Finlan... |
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8/24/2015 | Mawson Requests Police Investigation Against an NGO In Finla... |
7/30/2015 | Mawson Restarts Drilling at the Palokas Gold Prospect in Fin... |
7/30/2015 | Restarts Drilling at the Palokas Gold Prospect in Finland |
7/21/2015 | Mawson Announces Extension of Share Purchase Warrants |
6/22/2015 | Mawson Notified of Re-Appeal by NGO in Finland KANSALAISJÄRJ... |
6/22/2015 | Mawson Notified of Re-Appeal by NGO in Finland |
6/22/2015 | Notified of Re-appeal by NGO in Finland |
4/8/2015 | Mawson Recommences Drilling at the Palokas Gold Prospect, Fi... |
4/7/2015 | Mawson Recommences Drilling at the Palokas Gold Prospect, Fi... |
4/7/2015 | Recommences Drilling at the Palokas Gold Prospect, Finland |
3/16/2015 | Mawson Extends Palokas Gold Prospect, Finland |
3/16/2015 | extends Palokas gold prospect, Finland |
1/13/2015 | Mawson Completes Geophysical Survey at the Palokas Gold Pros... |
1/8/2015 | Mawson Announces Court Ruling In Finland Kemi-tornion käräjä... |
12/31/2014 | Announces Court Ruling in Finland |
12/31/2014 | Mawson Announces Court Ruling in Finland |
12/22/2014 | Announces Results of Annual General Meeting of Shareholders |
12/22/2014 | Mawson Announces Results of Annual General Meeting of Shareh... |
11/28/2014 | Mawson Environmental Leader Appointment Finland MAWSONILLE N... |
11/12/2014 | Environmental Leader Appointment Finland |
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10/30/2014 | Mawson Resources announces date of Annual General Meeting ("... |
10/28/2014 | metallurgical tests show up to 99% gold extraction at Paloka... |
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9/29/2014 | Mawson announces $3.05 million private placement financing |
9/4/2014 | Restarts Drilling at the Palokas Gold Prospect in Finland |
9/4/2014 | Mawson Restarts Drilling at the Palokas Gold Prospect in Fin... |
8/13/2014 | extends discovery trend at Palokas, Finland |
8/13/2014 | Mawson extends discovery trend at Palokas, Finland |
7/30/2014 | Mawson Prepares to Core Sample the Palokas Gold Project in F... |
12/9/2013 | (Rompas)Commences Geophysical Survey At Rompas, Finland. |
10/16/2013 | Intersects 19.5 Metres at 7.4 g/t Gold From Surface at Palok... |
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6/26/2013 | (Rompas)Kaita Gold Discovery & Exploration Update from Rompas, Finla... |
5/21/2013 | (Rompas)Rompas High Grade Gold Project, Finland: Project Update |
2/4/2013 | announces appointment of VP Exploration |
1/24/2013 | Announces Results of AGM |
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10/17/2012 | (Rompas)Rompas Claims Gain Legal Force In Finland |
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4/30/2012 | and Darwin Complete Statutory Plan of Arrangement |
4/24/2012 | On Listing Of The Common Shares Of Darwin Resources Corp. |
4/12/2012 | on Plan of Arrangement With Darwin Resources Corp. |
4/9/2012 | (Rompas)Mobilizes Second Rig To Rompas In Finland |
4/2/2012 | Shareholders Of Mawson Approve Plan Of Arrangement With Darw... |
3/1/2012 | Provides Update On Reorganization Completes Sale Of Subsidia... |
2/10/2012 | (Rompas)Gains Permission To Drill At Rompas |
12/28/2011 | Provides Update on Transaction with Tournigan Energy Ltd. |
12/7/2011 | to Exchange Scandinavian Uranium Assets for Shares |
12/2/2011 | (Rompas)s Permit Status at Rompas in Finland |
10/14/2011 | Postpones Date of Annual Meeting of Shareholders |
9/20/2011 | intersects 11.3 metres at 0.68% U3O8 at Riutta in Finland |
9/6/2011 | Clarifies Disclosure |
8/23/2011 | s Work Programs in Finland |
7/7/2011 | (Alto Quemado)Outlines a C$750,000 Program at Alto Quemado in Peru |
7/22/2010 | Outlines Summer Work Programs At The Rompas Gold Uranium Dis... |
10/9/2007 | Obtains Permission to Drill at Klappibacken Uranium Project |
9/4/2007 | - 1st Quarter Financial Year 2007/08 Update - Drilling and C... |
6/2/2007 | Stakes 2.9 Million Pound Historic Uranium Resource in Finlan... |
5/10/2007 | ACQUIRES NEW URANIUM PROJECTS IN SALAMANCA, SPAIN |
5/10/2007 | acquires new uranium projects in Salamanca, Spain |
3/26/2007 | STARTS DRILLING AT KLAPPIBACKEN URANIUM PROJECT |
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