Finland
- 100% owned Rajapalot gold-cobalt project in Finnish Lapland. The property is located in the northern Finland region known as Lapland, close to the Arctic Circle (25.0°E and 66.6°N).
- Significant greenfields discovery (2012), advanced to brownfields and now development project – The current completed PEA on Rajapalot has an inferred resource of 9,780,000 tonnes containing 867,000 ounces of Gold and 4,311 tonnes of Cobalt with grades of 2.8 g/t Gold and 441 ppm Cobalt in August 2021.
- PEA with US$211m NPV5%, December 2023.
- High perspectivity. Deposits open down-dip and underexplored land package.
- Currently, the Rompas-Rajapalot property consists of 11 granted exploration permits for 10,204 hectares and 2 exploration permit applications and reservation notification area for a combined total of 41,316 hectares and is held 100% in the name of Mawson Oy, Mawson Ltd’s 100% owned Finnish subsidiary. Exploration permits are granted for up to 15 years with standard two or three yearly renewals. The Rajapalot resource reported here occurs within two granted tenements (Kairamaat 2/3 and Hirvimaa).
