Deep Conductors Identified at Rajapalot by Mawson Finland Limited

Mawson Finland Limited has announced significant findings from recent downhole electromagnetic (DHEM) surveys at its Rajapalot gold-cobalt project in Finland. The surveys revealed multiple deep conductors, suggesting the potential for extended gold-cobalt mineralization in the Palokas and South Palokas zones.

Strong conductors were detected down-dip at both Palokas and South Palokas, indicating mineralization continues at depth. Additional conductors were also found northeast of the Palokas zone, 400 meters along-strike. These findings provide new targets for the 2025 winter drilling season.

Mawson's CEO, Noora Ahola, emphasized the importance of these results and the company's plans for further EM surveys and drilling to explore these new targets. The company aims to present further findings before the 2025 drilling campaign begins in January.