Mawson Finland Limited has reported promising new drill results from the Raja and Joki zones at its Rajapalot gold-cobalt project in Finland. The results come from a total of 10 drillholes conducted as part of the Company’s 2024 winter drilling campaign. Key findings include the extension of the Raja mineral system by up to 90 meters in some areas, with notable results from drillholes PAL0347, PAL0349, and PAL0355. Among the highlights, PAL0347 recorded 5.8 meters at 2.17 g/t gold, while PAL0349 identified 3.6 meters at 1.74 g/t gold and 1007 ppm cobalt.
CEO Noora Ahola expressed optimism about the findings, noting the potential for the Raja zone to contribute additional gold-cobalt resources. Mawson remains committed to its resource expansion goals and will continue to release further drill results in the upcoming weeks.