Mawson Resources Ltd. or announces assay results from the first two diamond drill holes reported from the 15,000 metre 2020 winter drill program at the Company's 100% owned Rajapalot Project in Northern Finland. Resource expansion drilling commenced late in 2019 and after a Christmas and New Year break, restarted on January 09, 2020 with five diamond drill rigs focused at Palokas, South Palokas and Raja prospects. Seven [...]
Mawson Resources Ltd. announces that pursuant to the Company's Stock Option Plan and Restricted Share Unit Plan , it has granted 6,797,500 stock options and 300,000 RSUs to certain directors, officers, employees and consultants of the Company, exercisable and issuable for up to 7,097,500 common shares of the Company . The stock options are exercisable at $0.23 per Common Share for a period of 3 years. The RSUs vest [...]
Mawson Resources Ltd. announces that five diamond drill rigs have now been mobilized for the 2020 resource expansion drilling program at the Rajapalot gold-cobalt project in northern Finland. Up to 15,000 metres of drilling is planned over the next 4 months. Key Points: Five drill rigs now in operation to complete a 15 kilometre resource expansion drill program: One drill rig has returned and 4 additional drill rigs have [...]
Mawson Resources Ltd. announces an update of the resource expansion drill program from the 100% owned Rajapalot project in Finland. Key Points: Major 15 kilometre resource expansion drill program ongoing: The first drill hole at Palokas is nearing target depth of 680 metres. This is a high-priority target down-plunge of PAL0194 that intersected 15.2 metres @ 4.3 g/t Au and 2,566 ppm Co from 418.7 metres. Drill hole [...]
Mawson Resources Ltd. is pleased to announce the commencement of the 2019-2020 resource expansion drilling program at the Rajapalot gold-cobalt project in northern Finland, with the arrival of the first diamond drill rig on site. A 15,000 metre drill program is planned over the next 6 months. Key Points: Updated Resource Planned: The drill program aims to infill and extend the Palokas, South Palokas and Raja resource [...]
Mawson Resources Ltd. announces the voting results from the Company's Annual General Meeting of Shareholders held on Wednesday, November 6, 2019 . A total of 89,205,281 common shares were voted, representing 62.65% of the Company's issued and outstanding common shares. Shareholders voted in favor of all the items of business before the Meeting, including setting the number of directors at seven and for the re-election of [...]
Not for Distribution to United States Newswire Services or for Dissemination in the United States. Mawson Resources Ltd. is pleased to announce that it has closed its previously announced oversubscribed private placement financing for gross proceeds of C$7,900,280. A total of 49,376,749 units of the Company, were issued at a price of C$0.16 per Unit. Each Unit consisted of one common share of the Company and one-half of [...]
Not for Distribution to United States Newswire Services or for Dissemination in the United States. Mawson Resources Ltd. . Mawson announces the oversubscription of its C$5,000,000 private placement originally announced on September 24, 2019 to C$6,000,000. The oversubscribed offering will now consist of 37,500,000 units of the Company at a price of C$0.16 per Unit , representing a 3.2% premium to today's closing price of [...]
Not for Distribution to United States Newswire Services or for Dissemination in the United States. Mawson Resources Limited announces that it has entered into an agreement with Red Cloud Securities to act as lead agent in connection with a "best efforts" brokered private placement of up to 31,250,000 units of the Company at a price of C$0.16 per Unit , for gross proceeds to the Company of up to C$5,000,000. Each Unit will [...]
Mawson Resources Limited or reports on gold and cobalt liberation studies from five composite drill hole samples from the Raja and Palokas inferred mineral resource project areas. The qualitative study aimed to liberate and concentrate gold and cobalt minerals via enhanced gravity recovery. Concentrates were subsequently analyzed by Mineral Liberation Analysis to establish the geochemical, textural and mineralogical [...]
Permits In Place For Additional Drill Testing And Resource Expansion VANCOUVER, Aug. 21, 2019 /CNW/ - Mawson Resources Ltd. or summarizes results from the 15,059 metre drill program completed at the Company's 100% owned Rajapalot Project in northern Finland during the first half of 2019. View PDF version Key Results: Following the 2019 program, the Rajapalot project is comprised of 3 resource bodies plus 2 new discovery [...]
Mawson Resources Ltd. or announces results from three drill holes from The Hut prospect within the Company's 100% owned Rajapalot Project in northern Finland. View PDF version Key Results: Drill hole PAL0199 at The Hut prospect intersected multiple gold-cobalt intersections from surface to 280 metres depth including 3.0 metres @ 7.6 g/t gold equivalent , 6.4 g/t Au, 722 ppm Co from 138.4 metres; The Hut is the fifth [...]