Post by
KaeKam44 on Dec 17, 2014 10:21am
Some Important Numbers. Please Read
Mawson Resources Extends Palokas Prospect to 1.2 Kilometre Strike Length Tuesday December 16, 2014, 9:33am PST Mawson Resources (TSX:MAW) released results from 14 shallow drill holes showint intersection 3.9 meters at 3.2 grams per ton of gold, 3.4 meters at 2 g/t gold and 3 meters at 1.4 g/t of gold at its Palokas prospect on the Rompas-Rajapalot gold project in Finland. According to the press release: Highlighted intersections include: 3.9m @ 3.2 g/t gold from 23.0 metres in hole PRAJ0076; 3.4m @ 2.0 g/t gold from 14.0 metres in hole PRAJ0080; 3.0m @ 1.4 g/t gold from 35.9 metres in hole PRAJ0080; Michael Hudson, president and CEO, said: New near surface drill results using our own low-impact drill rig have significantly expanded the footprint of the Palokas mineralizing system in both strike (1.2 kilometres) and width (120 metres). A large and complex hydrothermal overprint of the metamorphosed rocks in the Rajapalot area is now recognized.
Comment by
KaeKam44 on Dec 17, 2014 10:25am
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Comment by
mexmillion1 on Dec 17, 2014 10:32am
from all the facts and figures...this company should be worth more than .12c per share, galena is getting a bargain for a large percentage of an existing mine and proven resource... I guess that why they are buying 41million shares...seems cheap...GLTA