Mawson Resources has Kairamaat 2-3 exploration permit at Rajapalot renewed

The whole 1,462 hectare (ha) exploration permit has been renewed for a further two years
Mawson Resources has Kairamaat 2-3 exploration permit at Rajapalot renewed
Drill rigs will mobilize to Rajapalot soon once ice tracks are prepared

Mawson Resources Ltd (TSX:MAW) said it has had its Kairamaat 2-3 exploration permit, part of its Rajapalot project in Finland, renewed, firing the starting gun on winter diamond drilling.

The permit was renewed by the Finnish mining authority TUKES, on January 12 this year.

The whole 1,462 hectare (ha) exploration permit has been renewed for a further two years, according to specific environmental assessments performed by Mawson.

The permit includes, but is not limited to, diamond drilling from 128 sites during the winter, plus diamond drilling from 12 sites during the summer, using a hand portable, air-liftable or rubber-tracked vehicle with maximum weight of 7500kg.

"Mawson has again worked closely with all Finnish mining and environmental authorities to assess and plan our work programs to ensure minimal disturbance within biodiversity areas," said Michael Hudson, the chairman and chief executive.

"We understand the responsibility granted to us by this decision, and will ensure our work is completed according to global best practices.

"Drill rigs will mobilize to Rajapalot over the next week once ice tracks are prepared. Diamond drilling continues at East Rompas, 8 kilometers to the west."

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MAWSON RESOURCES LTD Timeline

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November 09 2017

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