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Mawson Magnetic Survey Highlights New Exploration Targets in Finland

Mawson Gold Ltd.

Figure 1. Selected gold target polygons shown over stratigraphic and structural interpretation of unexplored central region of Mawson’s permits. Three target polygons are numbered here to highlight examples of the components that go into forming a target for investigation.

Figure 2: New drone magnetic survey image in central area of Mawson permits. The area adjacent to the new central survey contains older Mawson magnetic survey data overlying older public GTK survey data. Conductive areas are shown with the dotted polygons. The grey areas lie outside Mawson’s 100%-owned permits. Location of resources (named prospects) at Rajapalot, in addition to North and South Rompas prospect areas are also shown.

Figure 3: Interpretation of main geological units as packages (stratigraphy), structures (faults and folds) developed for target creation in Mawson’s Rompas-Rajapalot project area. Key to this map is the understanding of the relationship between “young” faults and the Package 2 rocks. Many of these young faults are interpreted to be approximately 1.8 Ga and active during the time of gold-bearing hydrothermal fluids flow. And, for the first time, the location of the boundary of overturned rocks (D1 event) has been identified showing the Raja and East Joki prospect resources lying within an overturned domain. The grey areas lie outside Mawson’s 100%-owned permits. Location of resources at Rajapalot, in addition to North and South Rompas prospect areas are also shown.

Figure 4: C-horizon till data, using combined levelled gold and tungsten sample assay values. Tungsten is commonly found spatially related to gold mineralization at Rajapalot in the mineral scheelite

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