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Mawson Expands Rajapalot Project with New Gold-Cobalt Discovery at Rumajärvi, Finland

Mawson Expands Rajapalot Project with New Gold-Cobalt Discovery at Rumajärvi, Finland...

articleSouthern Cross Gold Consolidated Ltd.May 13, 20195/company/southern-cross-gold-consolidated-ltd-1/news/mawson-expands-rajapalot-project-with-new-gold-cobalt-discovery-at-rumajandxe4rvi-finland-1
Mawson Expands Rajapalot Project with New Gold-Cobalt Discovery at Rumajärvi, Finland

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[{"type":"text","content":"\n\n\n\nMawson Expands Rajapalot Project with New Gold-Cobalt Discovery at Rumajärvi, 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.prngen3{\nBORDER-TOP:1pt; BORDER-RIGHT:black 1pt solid; VERTICAL-ALIGN: TOP; BORDER-BOTTOM:black 1pt solid; TEXT-ALIGN: CENTER; PADDING-LEFT:0.50em; BORDER-LEFT:1pt; PADDING-RIGHT:0.50em\n}\n.prngen2{\nBORDER-TOP:1pt; BORDER-RIGHT:1pt; VERTICAL-ALIGN: TOP; BORDER-BOTTOM:black 1pt solid; TEXT-ALIGN: CENTER; PADDING-LEFT:0.50em; BORDER-LEFT:1pt; PADDING-RIGHT:0.50em\n}\n.prntblns{\nBORDER-TOP: 1pt; BORDER-RIGHT: 1pt; BORDER-COLLAPSE: collapse; BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt\n}\n\n\n\n\n\n\n\nCanada NewsWire\nVANCOUVER, May 13, 2019\n\n\n\nVANCOUVER, May 13, 2019 /CNW/ - Mawson Resources Limited (\"Mawson\") or (the \"Company\") (TSX:MAW) (Frankfurt:MXR) (PINKSHEETS: MWSNF) announces a new drill discovery at the Rumajärvi prospect of shallow gold-cobalt mineralization located 700 metres west and 1.1 kilometres south of the Raja and Palokas resource areas respectively, at the Company's 100% owned Rajapalot Project in northern Finland.  Highlights include PAL0182 which intersected 7.4 metres @ 4.4 g/t gold equivalent (\"AuEq\"), 3.4 g/t gold (\"Au\") and 597 ppm cobalt (\"Co\") from 86.3 metres.\nAssay results continue to be received from drill holes that tested both the boundaries of Mineral Resources at the Raja, Palokas and South Palokas prospects, and earlier stage prospect areas including the Hut, Terry's Hammer and Rumajärvi (Figures 1 and 2).  Mawson recently completed 44 holes (PAL0159–PAL0201D1) for 15,059 metres during the 2019 winter drill season. Results from 6 holes from the Rumajärvi prospect are provided here, with additional results to be reported on a prospect-by-prospect basis. Twenty-three holes with full assays remain to be reported that were drilled predominantly down plunge from resource areas.  Sulphidic (pyrrhotite-rich) intersections with visible gold provide encouraging signs in drill holes PAL0190 and PAL0191(Raja), PAL0194 (Palokas) and PAL0198 (South Paloka...

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