Mawson Resources Ltd (TSE:MAW) says it is excited to have its fourth quarter diamond drilling program at the Rompas-Rajapalot gold-cobalt project in Finland now underway.
The 2,500m program consists of two prospects, which are to be tested at Rajapalot - the Korkiakoivikko and Hirvimaa prospects.
Targets here lie around one to three km northeast and south of the Raja and Palokas prospects.
"We are excited to have our Q4 drill program under way, after a drill hiatus to compile data from our recent and successful 16-kilometre winter drill program," said Michael Hudson, the chief executive of Mawson, said on Thursday.
"Multielement BOT geochemical anomalies associated with the multiparameter geophysical anomalies provide compelling drill targets for this program.
"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."
Also in today's statement, geophysical programs are continuing at the Hirvimaa, Raja, Rumajarvi and Palokas prospect areas, which includes downhole electromagnetics (EM), fixed-loop EM, mise-a-la-masse and induced polarization methods.
These geophysical surveys are designed to discover new mineralized bodies and the extensions to known gold.
Contact Giles Gwinnett at [email protected]