A New Gold Province for Finland Rompas and Rajapalot Projects, Mawson Resources. Nick Cook & Mawson Exploration Team, FEM 2017

Transcription

1 A New Gold Province for Finland Rompas and Rajapalot Projects, Mawson Resources Nick Cook & Mawson Exploration Team, FEM 2017

2 Disclaimer Accuracy of Information: Readers are directed to the public disclosure of Mawson Resources Limited ( Mawson ) available under Mawson s profile on the System for Electronic Document Analysis and Retrieval ( SEDAR ) at Information contained in this presentation was believed to be accurate at the time it was posted, but may be superseded by more recent public disclosure of Mawson. Mawson makes no representations or warranties as to the accuracy, reliability, completeness or timeliness of the information in this presentation. Forward-Looking Information: Some of the statements contained in this presentation may be forward-looking statements or forward-looking information within the meaning of applicable securities laws (collectively, "forward-looking statements"). All statements herein, other than statements of historical fact, are forward-looking statements. Although Mawson believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Forward-looking statements are typically identified by words such as: believe, expect, anticipate, intend, estimate, postulate, and similar expressions, or are those, which, by their nature, refer to future events. Mawson cautions investors that any forward-looking statements are not guarantees of future results or performance, and that actual results may differ materially from those in forward-looking statements as a result of various factors, including, but not limited to, capital and other costs varying significantly from estimates, changes in world metal markets, changes in equity markets, planned drill programs and results varying from expectations, delays in obtaining results, equipment failure, unexpected geological conditions, local community relations, dealings with non-governmental organizations, delays in operations due to permit grants, environmental and safety risks, and other risks and uncertainties disclosed under the heading "Risk Factors" in Mawson's most recent Annual Information Form filed on Any forward-looking statement speaks only as of the date on which it is made and, except as may be required by applicable securities laws, Mawson does not assume the obligation to revise or update forward-looking statements or information that may be contained in this presentation or to revise them to reflect the occurrence of future unanticipated events. Qualified Person: The qualified person for Mawson s projects, Nick Cook, President for Mawson, and a Fellow of the Australasian Institute of Mining and Metallurgy, has reviewed and verified the contents of this presentation.

3 Summary of Presentation Persistence Strong technical team Two end member styles of mineralisation.. vein-hosted nuggety (early Rompas discoveries) a sulphidic disseminated variety (Rajapalot) Gold is found in outcrop and in a series of boulder fields The first systematic drilling of the disseminated Rajapalot system was early (winter) 2017 and Rompas was first drilled in 2012 Strong shareholder support in project and timescale

4 Big gold camp. > 10 x 10 km Rompas Rajapalot Palokas Mawson Claim Area 16,162 Ha (100% owned) Granted Claims 2,658 Ha Natura ,899 Ha (18% Claims) Rockchip >0.5g/t Au Au-W Till Anomaly 10 km 4

5 Summary of Presentation - 2 Mawson s focus is on disseminated styles excellent grade-width intersections over >2 km strike length e.g. Palokas (including g/t gold from metres Raja (including g/t gold from 64.0 metres South Palokas (including g/t gold from metres On-going regional base-of-till, detailed ground geophysics, geological mapping and prospecting are defining new drill targets 15,000 metres of diamond drilling planned for 2018 winter

6 Rompas new discoveries continue Diamond drilling ROM0011: g/t Au 2017 Gold

7 Palokas core. Pyrrhotite-qtz-chl-tourmaline samples from PAL0027 Au grades in intersections here are > 2 g/t up to 15.6 g/t

8 WHY G a Barents Sea HERE? W h i t e S e a Intrusive rocks, predominantly mafic & ultramafic Supracrustal rocks, Ga Supracrustal rocks, Ga Source: Reading the Archive of Earth s Oxygenation (Far Deep) Gulf of Bothnia

9 Permits.

10 The age: highly prospective host rocks Palokas and Rompas gold mineralization is a similar age to many other major systems. 10

11 Homestake vs Palokas Homestake's Main Ledge from the bottom of the mine (~2700m depth). Garnet-grunerite schist mineralized with pyrrhotite and arsenopyrite g/t gold. Source: C. Edmunds Drill hole 2.70 metres. Chloritepyrrhotite, cummingtonite, quartz schist g/t gold.

12 Homestake vs Palokas - boulders Large boulder from the Homestake Formation the host to the mineralization. A metamorphosed iron formation, now a grunerite-chloritesiderite schist collected from the mine workings. A grunerite/anthophyllitechlorite schist collected from the Boardwalk area, Rajapalot.

13 Persistence.

14 Progress is slow, but valuable Hand-portable drilling JKS4M, Winkie, 25 mm drill core, self-operated Winter Energold series 3, NQ2 core Winter Larger tracked drill rigs the first systematic test of the Rajapalot system.

15 We haven t got the money, so we ve got to think! Sir Ernest Rutherford

16 Excellent data sets geophysics, geochemistry,drilling 3 km

17 Nine Boulder Fields Potential?? 17

18 Prospect Number Average Nine Boulder Fields Undiscovered Potential Summary of boulder data for the nine boulder fields at Rajapalot. Minimum cut-off for reporting is 0.1 g/t Au. Au g/t Median Au g/t Min Au g/t Max Au g/t > 5 g/t Au 2-5 g/t Au g/t Au Hirvimaa Palokas South Palokas Boardwalk Terry s Hammer Rumajärvi Raja Prospect Joki Raja Permit g/t Au

19 Ground magnetic survey with base of till and drill collars 1 km

20 Magnetic interpretation - Rajapalot 1 km Laurent Ailleres, 2017

21 Rajapalot: seems to be gold everywhere.. Palokas 37.6 g/t Au from 2.5m 6.0 g/t Au from 2.0m 11.2 g/t Au from 0m 7.4 g/t Au from 1.3m 7.5 g/t Au from 18.1m 5.3 g/t Au from 38.7m Boardwalk Prospect (boulder source not yet discovered) 1 km Sequence drilling..45% all drill holes 1g/t Mafics PAL g/t Au from 10.6 metres Sequence 1 Gold Host Horizon Raja PAL ppm Au from 180m South Rajapalot PAL0033: 7.7 g/t Au from 152.5m PAL0037: 3.7 g/t Au from 57.0m PAL0040: 1.2 g/t gold from 37.3 metres; Raja PAL g/t Au from 53m and 2.0 g/t Au from 82m or 1.0 g/t Au from 53.0m Undifferentiated

22 Palokas Longitudinal Section 37.6 g/t Au from 2.5m 7.4 g/t Au from 1.3m 5.1 g/t Au from 8.7m 7.5 g/t Au from 18.1m 5.3 g/t Au from 38.7m PAL g/t gold from 34.41m OPEN 100m PAL g/t gold from 110.2m WINTER DRILLING DOUBLED DEPTH OF HIGH-GRADE MINERALIZATION 4.2 g/t Au from 206.2m 5.9 g/t Au from 176.7m OPEN 17.0 g/t Au from 172m 200m OPEN Looking East 100m

23 Boulders new geophysical processing 1 km

24 Back to the Rompas area This time, gold outside Natura gaining year-round drill access

25 Conclusions A large gold camp > 100 sq km with a variety of mineralized gold occurrences, apparently all related. Persistence, cooperation and retention of staff during slower times have retained the knowledge critical to making advances Modern exploration requires a strong multidisciplinary technical team covering all the bases = Mawson