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Mawson Resources Limited

09:58 AM EST - Mawson Resources Limited : Announced that five diamond drill rigs have now been mobilized for the 2020 resource expansion drilling program at the Rajapalot gold-cobalt project in northern Finland. Up to 15,000 metres of drilling is planned over the next four months. Key Points: Five drill rigs now in operation to complete a 15-kilometre resource expansion drill program: One drill rig has returned and four additional drill rigs have been mobilized to site now that winter conditions are suitable after a Christmas break; The drill program aims to infill and extend the Palokas, South Palokas and Raja resource areas delivering the data for an updated resource estimate at the end of Q2-Q3 2020; The first rig completed the first drill hole (PAL0202) down-dip at Palokas at a depth of 769.5 metres. A second wedge hole is ongoing (PAL0202A). Assay results are awaited. Mawson Resources Limited

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