Mawson Resources Limited (Mawson) has commenced the company's 4Q diamond drilling programme at its 100%-owned Rompas-Rajapalot gold-cobalt project in Finland.
CEO of Mawson, Michael Hudson, states: "We are excited to have our 4Q drill programme underway, after a drill hiatus to compile data from our recent and successful 16 km winter drill programme. Multi-element BOT geochemical anomalies associated with the multi-parameter geophysical anomalies provide compelling drill targets for this programme. The Korkiakoivikko and Hirvimaa areas are permitted for year-round drill access. We anticipate further drilling will be undertaken during our winter drill campaign planned from late December onwards."
The 2500 m drill programme aims to test two prospect areas with significant geochemical and geophysical anomalism interpreted to lie within the stratigraphic host sequence that includes the Raja and Palokas Au-Co prospects where NI43-101 compliant resource calculations have commenced.
New gradient array IP/resistivity data has been utilised to target drill holes, in combination with modelled VTEMplusanomalies and BOT geochemical results. Multi-point anomalies in the BOT data provide a strong indication of bedrock mineralization under the shallow till cover (averaging <5 m thickness).
Complex IP responses that include "negative IP effects" combined with VTEMplus electromagnetic conductors support drill targeting for this programme. Coincident reverse magnetic polarity, conductive and IP anomalism have been previously used to successfully locate gold mineralisation. Up to two holes will test a strong VTEMplus electromagnetic conductor associated with a nearby IP response and two gold-bearing boulders (assaying 8.7 g/t and 8.8 g/t gold) at Korkiakoivikko. The Hirvimaa prospect will be tested with up to 10 holes.
In other news, geophysical programmes are ongoing at the Hirvimaa, Raja, Rumajärvi and Palokas prospect areas that include downhole electromagnetics (EM), fixed-loop EM, mise-a-la-masse and induced polarisation methods. These geophysical surveys are designed to discover new mineralised bodies and the extensions to known gold.
Read the article online at: https://www.globalminingreview.com/exploration-development/05102018/diamond-drilling-commences-at-rompas-rajapalot-project/