Significant source of gold in Finland
- Published: Dec 19, 2018, 6 AM

Mawson Resources Ltd., a firm financially supported by Goldcorp, is reporting a project that it says is ripe with significant resources of gold and cobalt in Finland.
The Rajapalot project comprises pit and underground mining of 424,000 equivalent ounces of gold based on 4.3 million metric tons of ore containing 2.3 grams of gold per metric ton and 430 parts per million of cobalt, according to Mawson Resources.
Inside Coin World: Correspondence confirms Weinman models: A researcher of poet Wallace Stevens turns his attention to a numismatic mystery: Who modeled for the Winged Liberty Head dime and Walking Liberty half dollar?
“The Rajapalot gold-cobalt Inferred Mineral Resource estimate is a great start and an important milestone for both Mawson and Finland,” according to Michael Hudson, chairman and chief executive officer of Mawson.
He added: “The resource calculation demonstrates the robustness and high-grade of gold-cobalt mineralization, and highlights the potential for substantial resource expansion with recently surveyed electromagnetic conductors, that closely correspond with the resource area, more than doubling the size of the potential mineralized footprint. These form immediate drill targets for our January 2019 drill plans where five drill rigs plan to test progressive step-out targets from the resource (subject to permitting).”
Connect with Coin World:
Sign up for our free eNewsletter
Like us on Facebook
Follow us on Twitter
MORE RELATED ARTICLES
Community Comments
Headlines
-
Paper Money Mar 19, 2023, 12 PM
Dutch firm warns of proliferation of euro counterfeiting
-
US Coins Mar 17, 2023, 1 PM
Week's Most Read: 2023 Morgan, Peace dollars
-
US Coins Mar 16, 2023, 2 PM
Market Analysis: Deja vu for this 1874-CC 50¢
-
World Coins Mar 16, 2023, 1 PM
Exhibition displays projection of power by the Tudor dynasty