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Mawson Commences Diamond Drilling at Rajapalot, Finland
Mawson Commences Diamond Drilling at Rajapalot, Finland Canada NewsWire VANCOUVE...
About this update from Southern Cross Gold Consolidated Ltd.
[{"type":"text","content":"\n\n\n\nMawson Commences Diamond Drilling at Rajapalot, Finland\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nVANCOUVER, Oct. 4, 2018\n\n\n\nVANCOUVER, Oct. 4, 2018 /CNW/ - Mawson Resources Limited (\"Mawson\") or (the \"Company\") (TSX:MAW) (Frankfurt:MXR) (PINKSHEETS: MWSNF) is pleased to announce the start of the Company's Q4 diamond drilling program at the 100% owned Rompas-Rajapalot gold-cobalt project in Finland.\n\n \n \n\n \nKey Points:\nThe diamond drill program consists of 2,500 metres; Two prospects are to be tested at Rajapalot: Korkiakoivikko and Hirvimaa (Figure 1); Targets were defined by areas of anomalous geochemistry in base-of-till (\"BOT\") drilling and a combination of magnetic, induced polarization (\"IP\") and electromagnetic anomalies under thin glacial till cover; The target areas have year-round drill access and lie approximately 1 to 3 kilometres northeast and south of the Raja and Palokas prospects; Geophysical programs continue at Rajapalot.Mr. Michael Hudson, CEO, states: \"We are excited to have our Q4 drill program underway, after a drill hiatus to compile data from our recent and successful 16 kilometre winter drill program.  Multi-element BOT geochemical anomalies associated with the multi-parameter geophysical anomalies provide compelling drill targets for this program. The Korkiakoivikko and Hirvimaa areas are permitted for year-round drill access.  We anticipate further drilling will be undertaken during our winter drill campaign planned from late December onwards.\"\nThe 2,500 metre drill program aims to test two prospect areas (Figure 1) with significant geochemical and geophysical anomalism interpreted to lie within the stratigraphic host sequence that includes the Raja and Palokas Au-Co prospects where NI43-101 compliant resource calculations have commenced.\nNew gradient array IP/resistivity data has been utilized to target drill holes, in combination with modelled VTEMplus anomalies and BOT geochemical results.  Multi-point anomalies in the BOT data provide a strong indication of bed...