The final round of the 2012 Masters is well and truly under way at Augusta National. Live streaming coverage is available now on Masters.com, as well as on CBSSports.com. TV coverage is now on CBS.

Peter Hanson starts the day at the top of the leaderboard after he shot the round of a tournament yesterday with a 65 that lifted the Swede to 9-under-par.

Hanson will tee off alongside Phil Mickeslon, after the adventurous left-hander also put in a fine round of gold on Saturday to come back in just 30 strokes and finish the day one shot off the lead.

Mickelson starts the day as favorite and has won all three of his green jackets from a position in the final pairing. Indeed, 19 of the last 21 winners at Augusta have been among the leading two coming into the final day.

Hanson and Mickelson get their rounds under way at 2.40 p.m.

Just behind the co-leaders sits a bevy of players with the ability to shoot low rounds and put themselves firmly in contention at the day's conclusion.

Louis Oosthuizen, at 7-under-par, knows what it takes to get the job done in the final round of a major, having done so in winning the 2010 British Open. Beyond Mickelson, there are a further trio of Americans with the chance to end the day in green. The unpredictable Bubba Watson begins at 6-under, Matt Kuchar at 5-under and the form player on the PGA Tour, Hunter Mahan at 4-under par.

Padraig Harrington, a three-time major winner, also has the ability and experience to post a challenging total, while fellow European Lee Westwood will be desperate to end his major drought.

Two players who won't be featuring high on the leaderboard come the day's conclusion are pre-tournament favorites Tiger Woods and Rory McIlroy. Both are currently out on the course trying to make the most of what has been a hugely disappointing week.