Mawson Gold Ltd (TSX:MAW) is a fully funded and fully permitted exploration and development company with precious metal interests primarily in Lapland, Finland and Victoria, Australia.
We own the most advanced gold-cobalt resource discovery in Finland (Rajapalot) which is on a pathway to becoming a significant resource and currently stands at 716,000oz @ 2.5g/t AuEq. We expect to publish a materially higher resource estimate in August 2021 at which time we expect to have a +1MozAuEq high grade gold deposit and Europe's sixth largest cobalt deposit.
We have strong support for development from both the local communities in Lapland as well as central government support in Helsinki due to both the economic and strategic benefits Rajapalot offers.
In Victoria, Mawson Gold owns or is joint venturing into three high-grade, epizonal gold exploration projects (Sunday Creek, Redcastle and Whroo) within 471 sq km of granted tenements in the heart of a new Fosterville-style high-grade search space with an additional 3,600 sq km right of first refusal tenement package with our JV partner, Nagambie Resources Ltd.
We are systematically collecting “tenement scale” data to understand the broad mineral system that includes an 11km long mineralised trend at Sunday Creek, 17kms of Au-Sb veins at Redcastle which are untested to depth and a 14km trend at Whroo.
We have already diamond drilled over 7,000m across our properties to test beneath the high-grade old mines and have hit 100g metre intercepts that demonstrate continuous high grade mineralisation at depth and along strike at Sunday Creek.
Mawson Gold has started the process to spin out onto the ASX its Australian assets which also include 785 sq km tenure in the Cloncurry district of the Mount Isa block, over a combined 60 km of strike. It anticipates a pre-IPO raising in September 2021 and an IPO in late 2021/early 2022.
Short Company Bio: Mawson Gold has a late stage Au-Co exploration project in northern Finland that will have over 1Moz AuEq by the time of the conference. It is also exploring three highly prospective epizonal goldfields of the Melbourne Zone in Victoria which it intends to spin out onto the ASX by early 2022.