{"id":7493,"date":"2024-09-04T15:02:24","date_gmt":"2024-09-04T15:02:24","guid":{"rendered":"https:\/\/dailywashingtoninsider.com\/index.php\/2024\/09\/04\/mawson-finland-limited-expands-known-mineralized-zones-at-rajapalot-new-lens-intercepts-21-75-m-at-5-25-g-t-gold-515-ppm-cobalt\/"},"modified":"2024-09-04T15:02:24","modified_gmt":"2024-09-04T15:02:24","slug":"mawson-finland-limited-expands-known-mineralized-zones-at-rajapalot-new-lens-intercepts-21-75-m-at-5-25-g-t-gold-515-ppm-cobalt","status":"publish","type":"post","link":"https:\/\/dailywashingtoninsider.com\/index.php\/2024\/09\/04\/mawson-finland-limited-expands-known-mineralized-zones-at-rajapalot-new-lens-intercepts-21-75-m-at-5-25-g-t-gold-515-ppm-cobalt\/","title":{"rendered":"Mawson Finland Limited Expands Known Mineralized Zones at Rajapalot: New Lens Intercepts 21.75 m at 5.25 g\/t Gold & 515 ppm Cobalt"},"content":{"rendered":"
\n

Mawson Finland Limited (‘ Mawson ‘ or the ‘ Company ‘) (TSX-V: MFL) is pleased to announce new drill results from 7 drillholes on the South Palokas prospect which were drilled as part of the Company’s 38-hole 2024 winter drilling campaign on the Company’s wholly-owned Rajapalot gold-cobalt project in Finland (see Table 1 and Figure 1 in Schedule ‘A’ hereto).<\/p>\n

Highlights: <\/strong><\/p>\n

Drillholes PAL0335, PAL0340, PAL0344 and PAL0348 all penetrated significant intercepts beyond the southern margin of South Palokas, extending gold-cobalt mineralisation here by between 45 and 90 metres to the south. <\/p>\n

Hole PAL0335 <\/strong> drilled a 21.75m wide mineralised intercept from a new lens of mineralisation located in the footwall below the South Palokas ore-body returning 5.25 g\/t gold and 515 ppm cobalt (21.75 m @ 5.25 g\/t Au & 515 ppm Co from 295.05 m, including: 3.2 m @ 21.61 g\/t Au and 373 ppm Co from 311.3 m) Hole PAL0335 <\/strong> went on to drill 3 further intervals of mineralisation immediately below the footwall contact of the new lens, returning: 2 m @ 1.86 g\/t Au and 164 ppm Co from 322.4 m 4 m @ 2.99 g\/t Au and 94 ppm Co from 335 m 6.6 m @ 2.37 g\/t Au and 279 ppm Co from 350.25 m Holes PAL0340 <\/strong> and PAL0344 <\/strong> drilled further intercepts demonstrating respective step-outs along-strike of 50 m and 55 m to the south of the presently defined limit of mineralisation at South Palokas, including: PAL0340: <\/strong> 0.7 m @ 7.47 g\/t Au from 91.8 m (cobalt to be announced) PAL0344: <\/strong> 4 m @ 2.78 g\/t Au from 201 m (cobalt to be announced) Holes PAL0348 and PAL0350 <\/strong> returned one metre intervals of mineralisation (see Table 2 in Schedule ‘A’ hereto), while holes PAL0339 and PAL0341 <\/strong> recorded no significant intercepts <\/p>\n

Ms. Noora Ahola, Mawson Finland CEO, states: <\/strong> ‘ We are very excited to report some significant drill-intersections from our first round of results from the 2024 winter drilling campaign. The discovery of a new lens of high-grade mineralisation situated in the footwall to the South Palokas prospect is a significant step forward for our resource-expansion ambitions. Similarly, adding significant intercepts along-strike from the southern margin of South Palokas is highly encouraging, being a further indication that the current mineral resources can likely be expanded. We look forward to presenting further drill results from this year’s drilling in the coming weeks <\/em> .’ <\/p>\n<\/p>\n

Detailed Results <\/strong><\/p>\n

The 7 drillholes reported <\/strong> here (see Table 1 in Schedule ‘A’ hereto) are all from the South Palokas area of gold-cobalt mineralisation at Rajapalot (drillholes PAL0335, PAL0339, PAL0340, PAL341, PAL0344, PAL0348 and PAL0350: see Figure 1 and Figure 2 in Schedule ‘A’ hereto for collar and intercept locations, and Table 1, Table 2 and Table 3 in Schedule ‘A’ hereto for collar and available assay data) represent 2,097 metres of drilling <\/strong> from the total winter programme of 12,070 metres in 38 drillholes <\/strong> . Gold concentrations are reported here for intercepts that contained over 0.3 g\/t Au over a minimum sample interval of 1 metre (lower-cut), while corresponding cobalt concentrations are reported from those same intervals where available (cobalt concentrations are currently only available from holes PAL0335 and PAL0350, and the remainder of such results will be reported in due course as the same become available). Composite assay values recording gold concentrations above the lower-cut limits are presented below in Table 2 in Schedule ‘A’ hereto, and all raw sample intervals are presented in Table 3 in Schedule ‘A’ hereto. <\/p>\n

The \u2018new lens’ of mineralisation as reported here from the lower portions of hole PAL0335 is located in an interpreted sub-parallel lens of mineralisation some 100 m vertically below the defined gold-cobalt mineralisation at South Palokas. Two historical drillholes have previously penetrated \u2018new lens’ (drill holes PAL0091 and PAL0173: for more information see the Company’s current preliminary economic assessment, entitled ‘ NI 43-101 Technical Report on a Preliminary Economic Assessment of the Rajapalot Gold-Coblat Project, Finland <\/em> ‘, with an effective date of December 19, 2023, which the Company has filed and which is available on SEDAR+ (the ‘ PEA<\/strong> ‘)), however the tenor of gold-cobalt mineralisation recorded within these holes was not considered significant enough to warrant further investigation, as PAL0091 recorded a best intercept of 4.2 m @ 1.81 g\/t Au & 22 ppm Co (located 90 metres up-dip to correlated PAL0335 intercept), and PAL0173 a best intercept of 4 m @ 0.65 g\/t Au & 300 ppm Co (located 50 m along-strike northwards of the correlated PAL0355 intercept; see Figure 2 in Schedule ‘A’ hereto). Holes PAL0340, PAL0344 and PAL0348 were drilled to explore for southern strike-extensions of \u2018new lens’ but failed to return any significant mineralisation (see Figure 2 in Schedule ‘A’ hereto). PAL0364 targeted up-dip extensions to \u2018new vein’ and currently awaits assay results. <\/p>\n

Drillholes PAL0335, PAL0340, PAL0344 and PAL0348 all penetrated significant intercepts beyond the southern margin of South Palokas, extending gold-cobalt mineralisation here by between 45-90 metres to the south. PAL0339 and PAL0341 drilled for larger-scale southwards step-outs from the southern margin of South Palokas mineralisation (150 m and 230 m respectively) but failed to intercept mineralisation. <\/p>\n

Technical Background, Data Verification and Quality Assurance and Quality Control <\/strong><\/p>\n

Three diamond drill rigs from MK Core Drilling Oy, Comadev Oy and Arctic Drilling Company Oy, all with water recirculation and drill cuttings collection systems, were used in this drill program. Core diameter is NQ2 (50.7 mm). Core recoveries are excellent and average close to 100% in fresh rock. After photographing and logging in Mawson’s Rovaniemi facilities, core intervals of between 0.5 to 2 metres are taken, then half-sawn by independent contractors the Geological Survey of Finland (GTK) in Rovaniemi, Palsatech Oy in Kemi and Geopool Oy in Sodankyl\u00e4. The remaining half core is retained for verification and reference purposes. Analytical samples are transported by commercial transport from site to the independent contractor CRS Minlab Oy (‘ CRS <\/strong> ‘) facility in Kempele, Finland. Samples were prepared and analyzed for gold using the PAL1000 technique which involves grinding the sample in steel pots with abrasive media in the presence of cyanide, followed by measuring the gold in solution with flame AAS equipment. Samples for multi-element analysis (including cobalt) are pulped at CRS, then transported by air to MSALABS in Vancouver, Canada and analyzed using four acid digest ICP-MS methods. All the foregoing laboratories are independent of the Company. The quality assurance and quality control program of Mawson consists of the systematic insertion of certified standards of known gold content, duplicate samples by quartering the core, and blanks placed within sample runs in interpreted mineralized rock. In addition, CRS inserts blanks and standards into the analytical process. In addition to the sample preparation and security measures described above, data verification procedures are well integrated into the Company’s quality assurance and quality control program. Routine ongoing checking of all data is undertaken prior to being uploaded to the database. This will be followed by independent data verification audits at exploration milestones throughout the Rajapalot project’s development. Dr. Fromhold (see ‘ Qualified Person <\/em> ‘ below) has also reviewed the qualifications and analytical procedures of the above-mentioned laboratories, photographs of drill cores, and the PEA in connection with verifying the exploration information presented herein. <\/p>\n

All maps have been created within the KKJ3\/Finland Uniform Coordinate System (EPSG:2393). Tables 1\u20133 in Schedule ‘A’ hereto provide collar and assay data. Due to the typically low angles of drill intercepts, the true thickness of the mineralized intervals are interpreted to be approximately 80-90% of the drilled thickness. Table 3 gives detailed individual assay data of all intervals reported in this press release. Intersections are reported with a lower cut of 0.3 g\/t Au over 1 metre intervals, with composite data (Table 2 in Schedule ‘A’ hereto) containing no more than 2 consecutive 1 m intervals of waste-rock (i.e., 1 m intervals with <\/p>\n

At Rajapalot, all examples of gold-cobalt mineralisation are consistently located within highly-sheared and foliated wall-rocks adjacent to strongly hydrothermally altered, northwest to north dipping shear-zones. Mineralisation is typically encountered as disseminated to semi-massive sulfide lenses (predominantly pyrrhotite and lesser pyrite cobaltite), hosted within strongly deformed and altered, mafic volcanic and volcaniclasitic stratigraphy of the upper portions of the Paleoproterozoic-aged Kivalo Group of the Per\u00e4pohja Greenstone Belt. Prospects with high-grade gold and cobalt mineralisation at Rajapalot occur across a 3 km (east-west) by 2 km (north-south) area within the larger Rajapalot project area measuring 4 km by 4 km with multiple mineralized boulders, base-of-till (BOT). Gold-Cobalt mineralization at Rajapalot has been drilled to approximately 470 metres below surface at both South Palokas and Raja prospects, and mineralisation remains open at depth across the entire project. <\/p>\n

Q <\/strong> ualified Person <\/strong><\/p>\n

The technical and scientific information in this news release was reviewed, verified and approved by Dr. Thomas Fromhold, an employee of Fromhold Geoconsult AB, and Member of The Australian Institute of Geosciences (MAIG, Membership No. 8838). Dr. Fromhold is a ‘qualified person’ as defined under NI 43-101. Dr. Fromhold is not considered independent of the Company under NI 43-101 as he is a consultant of the Company. <\/p>\n

About Mawson Finland Limited<\/strong><\/p>\n

Mawson Finland Limited is an exploration stage mining development company engaged in the acquisition and exploration of precious and base metal properties in Finland. The Company is primarily focused on gold and cobalt. The Corporation currently holds a 100% interest in the Rajapalot Gold-Cobalt Project located in Finland. The Rajapalot Project represents approximately 5% of the 100-square kilometre Rompas-Rajapalot Property, which is wholly owned by Mawson and consists of 11 granted exploration permits for 10,204 hectares and 2 exploration permit applications and a reservation notification area for a combined total of 40,496 hectares. In Finland, all operations are carried out through the Company’s fully owned subsidiary, Mawson Oy. Mawson maintains an active local presence of Finnish staff with close ties to the communities of Rajapalot. <\/p>\n

Additional disclosure including the Company’s financial statements, technical reports, news releases and other information can be obtained at mawsonfinland.com or on SEDAR+ at www.sedarplus.ca . <\/p>\n

Media and Investor Relations Inquiries <\/strong><\/p>\n

Please contact: Neil MacRae Executive Chairman at neil@mawsonfinland.com or +1 (778) 999-4653, or Noora Ahola Chief Executive Officer at nahola@mawson.fi or +358 (505) 213-515. <\/p>\n

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release. No securities regulatory authority has reviewed or approved of the contents of this news release. <\/em><\/p>\n

Forward-looking Information <\/strong><\/p>\n

This news release includes certain ‘forward-looking information’ and ‘forward-looking statements’ within the meaning of applicable securities laws (collectively, ‘forward-looking information’) which are not comprised of historical facts. Forward-looking information includes, without limitation, estimates and statements that describe the Company’s future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Forward-looking information may be identified by such terms as ‘believes’, ‘anticipates’, ‘expects’, ‘estimates’, ‘aims’, ‘may’, ‘could’, ‘would’, ‘will’, ‘must’ or ‘plan’. Since forward-looking information is based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Although these statements are based on information currently available to the Company, and management of the Company believes them to be reasonable based upon, among other information, the contents of the PEA and the exploration information disclosed in this news release, the Company provides no assurance that actual results will meet management’s expectations. Risks, uncertainties and other factors involved with forward-looking information could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward-looking information in this news release includes, but is not limited to, the Company’s objectives, goals or future plans, any expected receipt of additional assay results or other exploration results and the impact upon the Company thereof, any expected milestone independent data verification, the continuance of the Company’s quality assurance and quality control program, potential mineralization whether peripheral to the existing Rajapalot resource or elsewhere, any anticipated disclosure of assay or other exploration results and the timing thereof, the estimation of mineral resources, exploration and mine development plans, including drilling, soil sampling, geophysical and geochemical work, any expected search for additional exploration targets and any results of such searches, potential acquisition by the Company of any property, the growth potential of the Rajapalot resource, all values, estimates and expectations drawn from or based upon the PEA, and estimates of market conditions. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to: any change in industry or wider economic conditions which could cause the Company to adjust or cancel entirely its exploration plans, failure to identify mineral resources or any additional exploration targets, failure to convert estimated mineral resources to reserves, any failure to receive the results of completed assays or other exploration work, poor exploration results, the inability to complete a feasibility study which recommends a production decision, the preliminary and uncertain nature of the PEA, the preliminary nature of metallurgical test results, delays in obtaining or failures to obtain required governmental, environmental or other project approvals, political risks, uncertainties relating to the availability and costs of financing needed in the future, changes in equity markets, inflation, changes in exchange rates, fluctuations in commodity prices, delays in the development of projects, capital and operating costs varying significantly from estimates and the other risks involved in the mineral exploration and development industry, and those risks set out in the Company’s public documents filed on SEDAR+. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law. <\/p>\n

SCHEDULE ‘A’ \u2013 TABLES AND FIGURES <\/strong><\/p>\n

Hole ID <\/strong> Easting TM35 <\/strong> Northing TM35 <\/strong> Elevation (mRL) <\/strong> Azimuth <\/strong> Dip <\/strong> Total Depth <\/strong> Prospect <\/strong> PAL0335 <\/strong> 3408345 <\/strong> 7373507 <\/strong> 174 <\/strong> 50.4 <\/strong> -70.2 <\/strong> 405.3 <\/strong> South Palokas <\/strong> PAL0336 3410540 7372676 151 144.1 -70.1 131 Joki East PAL0337 3410481 7372590 148 61.2 -70.9 125.3 Joki East PAL0338 3410422 7372775 153 144.7 -55.4 190 Joki East PAL0339 <\/strong> 3408209 <\/strong> 7373303 <\/strong> 172 <\/strong> 104.3 <\/strong> -44.8 <\/strong> 150.1 <\/strong> South Palokas <\/strong> PAL0340 <\/strong> 3408347 <\/strong> 7373505 <\/strong> 174 <\/strong> 118.4 <\/strong> -79.2 <\/strong> 395.85 <\/strong> South Palokas <\/strong> PAL0341 <\/strong> 3408222 <\/strong> 7373377 <\/strong> 173 <\/strong> 131 <\/strong> -44.4 <\/strong> 136.7 <\/strong> South Palokas <\/strong> PAL0342 3408715 7373997 175 115.7 -58.3 148.6 Palokas PAL0343 3408627 7373991 175 88.9 -50.1 193 Palokas PAL0344 <\/strong> 3408300 <\/strong> 7373532 <\/strong> 174 <\/strong> 52.3 <\/strong> -75.9 <\/strong> 476.6 <\/strong> South Palokas <\/strong> PAL0345 3408606 7374008 174 60.8 -71.9 278.1 Palokas PAL0346 3408571 7373723 174 45 -65 184.4 Palokas PAL0347 3408710 7372442 175 134.4 -72.1 273.6 Raja PAL0348 <\/strong> 3408306 <\/strong> 7373530 <\/strong> 175 <\/strong> 119.1 <\/strong> -80.2 <\/strong> 242.1 <\/strong> South Palokas <\/strong> PAL0349 3408694 7372549 179 170 -80 341.85 Raja PAL0350 <\/strong> 3408402 <\/strong> 7373671 <\/strong> 174 <\/strong> 75 <\/strong> -52 <\/strong> 290.1 <\/strong> Palokas <\/strong> PAL0351 3408461 7373877 175 143 -69.5 334.5 Palokas PAL0352 3408247 7373715 172 62.4 -66.4 474.1 South Palokas PAL0353 3408850 7372504 176 160 -70 260.55 Raja PAL0354 3408308 7373984 175 126.1 -50.9 466.9 Palokas PAL0355 3408817 7372720 174 168 -77 428.9 Raja PAL0356 3408138 7373637 174 80.4 -74.4 496.9 South Palokas PAL0357 3408558 7374143 175 168.8 -82.9 445.6 Palokas PAL0358 3408984 7372343 173 244.5 -79.1 178.75 Raja PAL0359 3408138 7373933 172 150.9 -77.7 47.2 South Palokas PAL0360 3408679 7372340 174 75 -80.4 251.7 Raja PAL0361 3408088 7373643 173 51.1 -81.9 665.95 South Palokas PAL0362 3408576 7373723 174 95.3 -47.6 258.55 Palokas PAL0363 3407996 7373198 172 88.2 -55.3 338.8 Hut PAL0364 3408346 7373509 174 65.7 -66.4 359.2 South Palokas PAL0365 3408347 7373434 174 71 -70.1 304.4 South Palokas PAL0366 3407996 7373198 172 88.6 -70.6 374.4 Hut PAL0367 3408138 7373935 172 150.8 -79.2 785.3 South Palokas PAL0368 3407940 7373069 173 137.5 -47.7 250.9 Hut PAL0369 3408026 7373279 172 82.5 -44.6 253.5 South Palokas PAL0370 3408231 7372823 182 124 -55.1 175.9 Terry’s Hammer PAL0371 3408231 7372823 182 172.6 -44.8 148 Terry’s Hammer PAL0372 3410436 7372555 149 106.7 -69.4 113.4 Joki East <\/div>\n

Table 1: <\/strong> Drillhole collar locations (finish KKJ grid), with corresponding hole orientations (azimuth and dip), total depth, and prospect target. Holes reported in this news release are highlighted in bold text. <\/p>\n

Hole ID <\/strong> From <\/strong> To <\/strong> Drilled Thickness <\/strong> 1 <\/strong> (m) <\/strong> Gold (g\/t) <\/strong> Gold (gram-metres) <\/strong> Cobalt ppm <\/strong> PAL0335 122.2 123.2 1 0.49 0.5 52.5 PAL0335 126.35 128.35 2 1.19 2.4 167.0 PAL0335 136.35 137.35 1 1.62 1.6 516.9 PAL0335 142 146.6 4.6 0.99 4.6 1376.2 PAL0335 150.6 156 5.4 2.99 16.2 2137.1 PAL0335 295.05 316.8 21.75 5.25 114.3 514.8 including 311.3 314.5 3.2 21.61 69.15 373.2 PAL0335 322.4 324.4 2 1.86 3.7 164.3 PAL0335 335 339 4 2.99 11.9 94.4 PAL0335 350.25 356.85 6.6 2.37 15.6 278.8 PAL0339 – – – – – – PAL0340 21.25 22.25 1 0.58 0.6 TBA PAL0340 91.8 92.5 0.7 7.42 5.2 TBA PAL0340 98.8 100.8 2 0.78 1.6 TBA PAL0341 – – – – – – PAL0344 197 198 1 0.66 0.7 TBA PAL0344 201 205 4 2.78 11.1 TBA PAL0348 124.75 125.75 1 0.30 0.3 TBA PAL0348 151.35 152.35 1 0.58 0.6 TBA PAL0350 95.55 96.55 1 0.45 0.45 14.7 <\/div>\n

1 True-thickness of the mineralized intervals are interpreted to be approximately 80-90% of the Drilled Thickness. True-thickness is not precisely known at this time.

Table 2: <\/strong> Composited gold and cobalt concentrations from the drillholes reported in this news release. Individual assay values are listed in Table 3 hereinbelow. <\/p>\n<\/p>\n

Figure 1: <\/strong> Locality map illustrating collar positions and drill-hole traces from Mawson’s 2024 winter drilling campaign. Drillholes coloured red are those reported in this new release, while holes coloured black have been reported in previous releases, and blue coloured holes are awaiting results and publication. Dashed blue line represents the section line on which long sections in Figure 2 hereinbelow are oriented. <\/p>\n<\/p>\n

Figure 2: <\/strong> Long-section illustration demonstrating both historical and 2024 drill intercepts in the South Palokas prospect (left) and the \u2018new lens’ (right) that is positioned approximately 100 m vertically below the South Palokas mineralisation. Intercepts from the 2024 drilling season are labelled in bold with their results represented in gold gram-metres (gold g\/t x intercept thickness in metres). The small black rings indicate \u2018no significant intercept’ and open blue rings indicate \u2018awaiting assay result’. Red arrows demonstrate the direction in which gold-cobalt mineralisation remains \u2018open’ and untested. Section line is oriented on approximately 030 strike; see dashed blue line in Figure 1 above for reference. <\/p>\n

Hole ID <\/strong> From (m) <\/strong> To (m) <\/strong> Length (m) <\/strong> Gold g\/t <\/strong> Cobalt ppm <\/strong> Mineralisation <\/strong> PAL0335 <\/strong><\/p>\n

122.2 123.2 1 0.49 52.5 South Palokas 126.35 127.35 1 2.06 283.3 South Palokas 127.35 128.35 1 0.31 50.7 South Palokas 136.35 137.35 1 1.62 516.9 South Palokas 142 143 1 0.97 593 South Palokas 143 144 1 1.17 1109.8 South Palokas 144 145 1 1.08 1223.7 South Palokas 145 146 1 0.15 1142.1 South Palokas 146 146.6 0.6 2 3769.9 South Palokas 150.6 151.6 1 3.26 1770 South Palokas 151.6 152.5 0.9 3.1 2715.6 South Palokas 152.5 153.5 1 1.77 1974.2 South Palokas 153.5 154.5 1 2.12 1132.6 South Palokas 154.5 155.5 1 3.24 2547.8 South Palokas 155.5 156 0.5 5.95 3343.6 South Palokas 295.05 296.05 1 8.25 674.3 New Lens 296.05 297.05 1 1.33 549.8 New Lens 297.05 298.05 1 0.89 895.4 New Lens 298.05 299.05 1 0.35 673.3 New Lens 299.05 299.5 0.45 0.15 421.5 New Lens 299.5 300.5 1 1.42 585.2 New Lens 300.5 301.5 1 2.51 627.6 New Lens 301.5 302.5 1 0.46 445.1 New Lens 302.5 302.95 0.45 0.59 623.1 New Lens 302.95 303.95 1 1.2 927.5 New Lens 303.95 304.45 0.5 0.92 1096.4 New Lens 304.45 305.3 0.85 0.85 153.4 New Lens 305.3 306.3 1 0.35 677.2 New Lens 306.3 307.3 1 0.41 553.6 New Lens 307.3 308.3 1 0.47 373 New Lens 308.3 309.3 1 7.1 827.4 New Lens 309.3 310.3 1 2.87 321.3 New Lens 310.3 311.3 1 6.74 370.5 New Lens 311.3 312.3 1 14 276.8 New Lens 312.3 313 0.7 10 690.3 New Lens 313 313.5 0.5 53.9 549.6 New Lens 313.5 314.5 1 21.2 159.5 New Lens 314.5 315.5 1 6.3 120 New Lens 315.5 315.8 0.3 7.53 106.4 New Lens 315.8 316.8 1 0.69 200 New Lens 322.4 323.4 1 0.77 172.1 New Lens 323.4 324.4 1 2.95 156.5 New Lens 335 336 1 0.8 85.6 New Lens 336 337 1 4.31 134.8 New Lens 337 338 1 6.49 118.8 New Lens 338 339 1 0.34 38.3 New Lens 350.25 351.25 1 8.61 672.3 New Lens 351.25 352.25 1 3.72 422.1 New Lens 352.25 353.25 1 2.05 219.8 New Lens 353.25 354.25 1 0.28 227.8 New Lens 354.25 355.25 1 0.56 235.8 New Lens 355.25 356.25 1 0.07 10.3 New Lens 356.25 356.85 0.6 0.58 86.4 New Lens PAL0340 <\/strong><\/p>\n

21.25 22.25 1 0.58 TBA South Palokas 91.8 92.5 0.7 7.42 TBA South Palokas 98.8 99.8 1 1.21 TBA South Palokas 99.8 100.8 1 0.35 TBA South Palokas PAL0344 <\/strong><\/p>\n

197 197.4 0.4 0.61 TBA South Palokas 197.4 198 0.6 0.69 TBA South Palokas 201 202 1 9.78 TBA South Palokas 202 203 1 0.13 TBA South Palokas 203 204 1 0.51 TBA South Palokas 204 205 1 0.69 TBA South Palokas PAL0348 <\/strong><\/p>\n

124.75 125.75 1 0.3 TBA South Palokas 151.35 152.35 1 0.58 TBA South Palokas PAL0350 <\/strong> 95.55 96.55 1 0.45 14.7 South Palokas <\/div>\n

Table 3: <\/strong> All gold and cobalt sample intervals with their corresponding gold and cobalt concentrations (where available), that are contained within above composited intervals, that meet the lower-cut criteria of 1 metre intervals at greater than 0.3 g\/t gold. <\/p>\n

Photos accompanying this announcement\u00a0are available at
https:\/\/www.globenewswire.com\/NewsRoom\/AttachmentNg\/9766b456-0d52-408b-9722-e72ba3759fe0 \u00a0
\u00a0 https:\/\/www.globenewswire.com\/NewsRoom\/AttachmentNg\/e3d46ec0-107b-4a8c-8f45-88caadc4e295 <\/p>\n<\/p>\n<\/div>\n

News Provided by GlobeNewswire via QuoteMedia<\/p>\n<\/p>\n

This post appeared first on investingnews.com<\/div>\n

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