- Mawson Gold (MAW) has shared the results of the maiden preliminary economic assessment for its Rajapalot gold-cobalt project in Finland
- CEO and Director Ivan Fairhall sat down with Daniella Atkinson to discuss the news
- The results of the PEA will be included in an independent technical report prepared in accordance with National Instrument 43-101
- Mawson Gold Limited is a leading Nordic Arctic exploration company
- Mawson Gold Ltd. (MAW) ended the day up 7.41 per cent, trading at C$0.145 per share
Mawson Gold (MAW) has shared the results of the maiden preliminary economic assessment for its Rajapalot gold-cobalt project in Finland.
CEO and Director Ivan Fairhall sat down with Daniella Atkinson to discuss the news.
“This is the first project-wide techno-economic assessment that underpins the significant value of Rajapalot – to Mawson and Europe. These incredibly robust results demonstrate a clear case for a mine at Rajapalot and bring out its quality fundamentals: a deposit with high mining and metallurgical efficiency, which results in over 80 per cent of every ounce found converted into doré at an extremely attractive AISC of $824/oz Au. The production of ethical cobalt to EU environmental standards, critical for global and European energy transition, strengthens the strategic attractiveness of the project.
Finland is not only one of the world’s lowest-risk jurisdictions – but it is also a great place to build and operate a mine, with established mining industry, competitive labour and energy cost base, fantastic infrastructure and low taxes – all permanent features benefiting this starter case, and beyond, as more ounces are discovered on the property”.
The PEA for Rajapalot was prepared by independent consulting firm SRK Consulting (Finland) Oy.
The results of the PEA will be included in an independent technical report prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects.
Mawson Gold Limited is a leading Nordic Arctic exploration company with its 100 per cent owned flagship Rajapalot gold-cobalt project in Finland.
Mawson Gold Ltd. (MAW) ended the day up 7.41 per cent, trading at C$0.145 per share.