The Rompas-Rajapalot exploration project is Mawson’s flagship properties in Finnish Lapland. Both high-grade gold and cobalt has been discovered within a camp-scale area over 10 sq. km.
Initial discoveries of nuggety, high-grade, gold-uraninite-bearing dolomite veins developed over a 6km trend at Rompas led to the maiden drill program returning 6m at 617 g/t gold from 7m depth in drill hole ROM0011 in 2011.
At Rajapalot, approximately 8 km east, the discovery of Palokas in 2013 by drilling returned high-grade, disseminated gold including 19.5m at 7.4 g/t gold from 1.3m in PRAJ0006 and 5.4m at 37.6 g/t gold from 2.5m in PRAJ0009, with significant cobalt mineralization also identified across the project ie PAL0075: 10.8 metres @ 1,299 ppm Co, 6.2g/t Au (8.7g/t AuEq) from 8.7 metres.
Interpretation of the geology indicates 65km of host stratigraphy exists within Mawson's permit area. In combination with widespread hydrothermal alteration and gold mineralization, expectations for further drilling success remain high with large drill programs ongoing on the project.