Mawson Finland Expands Drilling Success at Rajapalot Project

Mawson Finland Limited announced significant drilling results from its Rajapalot project in Finland, showcasing major expansions and a new discovery. Key outcomes revealed include a 200-meter down-plunge expansion at Raja, delivering high-grade gold and cobalt intercepts. Notably, drillhole PAL0388 reported 7.9 meters at 2.29 g/t gold and 868 ppm cobalt, including 1 meter at 8.64 g/t gold.

Further achievements at South Palokas and New Lens zones showed extended mineralized areas, with drillhole PAL0195 intersecting notable gold and cobalt values. Additionally, a new near-surface gold discovery was made 300 meters west of Raja in drillhole PAL0387, indicating potential for further exploration success.

The company is nearing completion of an extensive drilling campaign, with mine permitting processes ongoing, underscoring Rajapalot's promising growth prospects in the gold-cobalt domain.