Mawson Resources Limited

Published : May 03rd, 2011

Files One of Finland's Largest Claim Applications at Rompas

( 0 vote, 0/5 ) Print article
  Article Comments Comment this article Rating Follow Company  
0
Send
0
comment
Keywords :   Copper | Europe | European Union | Finland | Georgia | Peru | Sweden |

=======================================================================

      Mawson Files One of Finland's Largest Claim Applications at
      Rompas


=======================================================================

Vancouver, Canada -- Mawson Resources Limited ("Mawson") TSX-MAW;
Frankfurt-MRY; OTC-MWSNF.PK.  Mr. Michael Hudson, President & CEO,
announces the Company has filed 684 claims applications for 60,897
hectares around the Rompas-Rumavuoma-Mustamaa gold-uranium projects in
Northern Finland.  These applications replace the Company's one year
old claim reservations and represent one of the largest contiguous
claim applications made in Finland's history which secures Mawson's
title over a +30km mineralized trend.  In combination with Mawson's
existing claim applications that cover the main 6km gold-uranium
mineralized trend at Rompas, Mawson now holds a total of 833 claim
applications for 75,340 hectares at the Rompas Project.

"Besides the outstanding bonanza gold and uranium exploration results
reported by the Company on Feb 22, 2011 from the first year of
exploration along the 6km long trend at Rompas, Mawson has now defined
a new and large gold-uranium mineralized camp, extending over a strike
extent of 30km.  The prospectivity of the area is reflected in the
Company applying for one of Finland's largest contiguous claim
applications.  We look forward to putting a large field team back on
the ground later this month." said Mr Hudson.
 
Rompas is a new gold-uranium discovery with bonanza grades within a
sampling footprint of 6.0km strike and 200-250m width.  During 2010
Mawson discovered 171 grab samples averaged 1,127.9 g/t gold and 3.6%
uranium and ranged from 0.1 g/t to 22,723 g/t gold and 0% to 47.9%
uranium and 80 channel samples which averaged 0.59m @ 203.66 g/t gold
and 0.73% uranium.  Channel samples are considered representative of
the in-situ mineralization sampled and channel widths quoted
approximate the true width of mineralization, while grab samples are
selective by nature and are unlikely to represent average grades on the
property.  A detailed map showing the location and distribution of
channel and grab samples can be downloaded from the Company's website
at:  http://www.mawsonresources.com/i/maps/Rompas_PLANFEB22.pdf.

At Rumavuoma, a gold-uranium mineralized trend is located approximately
3km east of the 6km long Rompas trend.  Rumavuoma is secured by 13
claim applications for 1,292 hectares.  Nine historic samples taken by
Areva NC within an area of 3.5 kilometres by 400 metres assayed from
0.1g/t to 1.8g/t gold and averaged 0.3g/t gold and from 5ppm to 3860
ppm (0.39%) uranium and averaged 517ppm uranium.
 
The Mustamaa project is located approximately 30km south and along
strike of the Rompas mineralized trend.  Uranium at Mustamaa is locally
hosted by a phosphatic breccia unit. The breccia is contained within
greater than 500 metre long and up to 40 metre wide apatite bearing
dolomite horizon. Better drill intersections include: R13: 55.4m @
0.03% U3O8 from 104m, including 4.1m @ 0.08% U3O8 from 120m and R10:
18.1m @ 0.03% U3O8 from 65m, including 8.4m @ 0.04% U3O8 from 73m.
Additionally at Mustamaa, a glacial boulder sampled by Mawson and
located approxamitely 500m west of the drilled breccia unit assayed
0.5g/t gold and 165ppm uranium.  This boulder is not sourced from the
same breccias horizon suggesting the potential for further gold
mineralization to be discovered between Rompas, Rumavuoma and Mustamaa.

Mawson has planned an intensive surface exploration program over the
entire area starting in late May, 2011.  The company has budgeted
C$750,000 for the next 5 months at Rompas and field crews will be
mobilized in the 3rd week of May due to an unusually warmer start to
summer.  The shallow drill program previously reported by the company
on March 30 has been completed earlier than expected due to the early
winter breakup.  In total 28 drillholes for 155.65m were drilled along
two traverses to the north of the 6km mineralized trend at Rompas.
Further information will be released as it comes to hand.
 
Under Finnish legislation, prospecting work (non disturbing
exploration) is allowable on a claim application; however disturbing
exploration such as drilling and trenching will be permitted on
granting of exploration claims.

About Mawson Resources Ltd

Mawson Resources Ltd is a resource acquisition and development company
with METAL and ENERGY interests.

Mawson has distinguished itself as a leading Scandinavian gold and
uranium exploration company, with a focus on the flagship Rompas
project in Finland. As the European Union moves to reduce its reliance
on carbon-based energy sources and continues to debate energy security,
Mawson is well positioned to provide Europe with the option to fuel its
future. In addition, the Company is exploring for gold and copper in
the highly prospective Cordillera of Peru, with a focus on a new
gold-copper discovery at Alto Quemado.

With a strong cash position and a multi-jurisdiction European and South
American portfolio, Mawson is ideally positioned to enhance its status
as a leader in the uranium and gold industries.

Shares Outstanding: 51,645,753. Cash: approximately C$13 million.

On behalf of the Board,

"Michael Hudson"
Michael Hudson, President & CEO

Investor Information

www.mawsonresources.com
1305 - 1090 West Georgia St., Vancouver, BC, V6E 3V7
Company Contact: Mariana Bermudez +1 (604) 685 9316
Investor Relation Consultants - Mining Interactive
Nick Nicolaas +1 (604) 657 4058
Email: info@mawsonresources.com

Forward Looking Statement. The statements herein that are not
historical facts are forward-looking statements. These statements
address future events and conditions and so involve inherent risks and
uncertainties, as disclosed under the heading "Risk Factors" in the
company's periodic filings with Canadian securities regulators. Actual
results could differ from those currently projected. The Company does
not assume the obligation to update any forward-looking statement. The
TSX Exchange has not reviewed and does not accept responsibility for
the adequacy or accuracy of this release.

Mawson samples were prepared by ALS Chemex Ltd's laboratory in Pitea,
Sweden and analyzed by Au-ICP21, ME-MS41u, PGM-ICP27 and ME-MS61u
techniques by ALS Chemex Ltd's laboratory in Vancouver, Canada.  The
qualified person for Mawson's Finnish projects, Erkki Vanhanen, Finnish
Exploration Manager for Mawson with a designation of European Geologist
for the European Federation of Geologists (EFG), has reviewed and
verified the contents of this release.


Data and Statistics for these countries : Finland | Georgia | Peru | Sweden | All
Gold and Silver Prices for these countries : Finland | Georgia | Peru | Sweden | All

Mawson Resources Limited

DEVELOPMENT STAGE
CODE : MAW.TO
ISIN : CA57776G1063
Follow and Invest
Add to watch list Add to your portfolio Add or edit a note
Add Alert Add to Watchlists Add to Portfolio Add Note
ProfileMarket
Indicators
VALUE :
Projects & res.
Press
releases
Annual
report
RISK :
Asset profile
Contact Cpy

Mawson Res. is a gold and uranium exploration company based in Canada.

Mawson Res. holds various exploration projects in Peru and in Sweden.

Its main asset in development is FLISTJARN in Sweden and its main exploration properties are NUOTTIJÄRVI URANIUM PROJECT and ROMPAS in Finland, STENSJÖDALEN URANIUM PROJECT, SJAULE URANIUM PROJECT, LÅNGVATTNET URANIUM PROJECT, ÅSNEBOGRUVAN URANIUM PROJECT, NORR DÖTTERN URANIUM PROJECT, PRÄSTRUN URANIUM PROJECT, TRESJÖARNA URANIUM PROJECT, TÅSJÖ, DUOBBLON URANIUM PROJECT and KLÄPPIBÄCKEN in Sweden, DON BENITO in Spain and ALTO QUEMADO in Peru.

Mawson Res. is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 31.6 millions as of today (US$ 25.3 millions, € 24.0 millions).

Its stock quote reached its highest recent level on April 15, 2011 at CA$ 2.75, and its lowest recent point on July 29, 2022 at CA$ 0.10.

Mawson Res. has 105 310 000 shares outstanding.

Your feedback is appreciated, please leave a comment or rate this article.
Rate : Average note :0 (0 vote) View Top rated
 
In the News and Medias of Mawson Resources Limited
9/25/2007Acquires Cabra Baja Historic Uranium Mine in Spain
Annual reports of Mawson Resources Limited
Annual Report 2008
Financings of Mawson Resources Limited
7/21/2015Announces Extension of Share Purchase Warrants
9/10/2013Announces Closing of Second Tranche of its $4.2 Million Non-...
9/3/2013Shareholders Approve Second Tranche of Private Placement
8/6/2013Announces First Tranche Private Placement Closing of $2,569,...
Option Grants of Mawson Resources Limited
5/19/2009Grant of 930.000 stock options at $ 0.50
Nominations of Mawson Resources Limited
2/14/2011Strengthens Technical Team and Comments on Cameco's Entry in...
Project news of Mawson Resources Limited
10/7/2014Mawson Resources Limited - First high grade gold shallow dri...
2/18/2014Continues to Expand Mineralization Along Trend at Rajapalot,...
1/20/2014Intersects 19.0 Metres At 2.3 G/T Gold At Palokas, Finland
10/3/2013Drills 9 Metres at 10.2 g/t Gold at Palokas, Finland
9/18/2013(Rompas)Announces Restart of Diamond Drilling at Rompas, Finland
4/3/2013(Rompas)Drills 0.5 Metres At 148 G/T Gold Uncut At South Rompas, Fin...
1/14/2013Grab Samples up to 1,520 G/T Gold at Rajapalot, Finland
5/31/2012(Rompas)Drills 6 Metres at 617 g/t Gold Uncut at Rompas, Finland
3/6/2012(Rompas)First Diamond Drill Program Commences at Rompas in Finland
2/6/2012(Rompas)Discovers Further Mineralization at Rompas in Finland with P...
6/30/2011(Rompas)Launches Summer Work at The Rompas Gold Discovery in Finland...
5/3/2011(Rompas)Files One of Finland's Largest Claim Applications at Rompas
4/28/2011(Alto Quemado)Registers Agreements for the Alto Quemado Gold-Copper Projec...
4/27/2011(Alto Quemado)REGISTERS AGREEMENTS FOR THE ALTO QUEMADO GOLD-COPPER PROJEC...
3/16/2011(Rompas)Receives Permit for Shallow Drilling at the Rompas Gold Proj...
2/22/2011(Rompas)Channels 0.35 Metres @ 1,460 g/t Gold And 1.4% Uranium And G...
10/12/2010(Rompas)Samples Up To 1,415 Grams Per Tonne Gold At Rompas In Finlan...
6/16/2010Increases Claim Holding And Releases NI43-101 Technical Repo...
6/7/2010Reports Bonanza Gold with High Grade Uranium at Rompas, Finl...
11/7/2007(Flistjarn)Stakes Three Uranium Claims at Saramki, Finland
8/15/2007Significance of Tasjo Uranium Project and Recent Drill Resul...
8/14/2007Results from Tasjo Uranium Project, Sweden
4/23/2007Identifies High-Grade Uranium at Tresjoarna In Sweden
Corporate news of Mawson Resources Limited
7/12/2016MAWSON TO DRILL 1,000 BASE OF TILL HOLES AT THE RAJAPALOT GO...
4/26/2016MAWSON DRILLS 2.9 METRES @ 5.9 g/t GOLD AT PALOKAS GOLD PROJ...
4/4/2016MAWSON ANNOUNCES RESIGNATION OF DIRECTOR GIL LEATHLEY
1/18/2016MAWSON UPDATES DRILL AND GEOPHYSICAL PROGRAMS AT PALOKAS GOL...
12/18/2015MAWSON COMMENCES 4,000 METRE DRILL AND 3D GEOPHYSICAL PROGRA...
12/2/2015MAWSON ANNOUNCES CLOSING OF $3.1 MILLION PRIVATE PLACEMENT F...
11/27/2015MAWSON ANNOUNCES RESULTS OF ANNUAL GENERAL AND SPECIAL MEETI...
10/22/2015MAWSON ANNOUNCES $3 MILLION PRIVATE PLACEMENT FINANCING
10/22/2015IIROC Trade Resumption - MAW
10/22/2015IIROC Trading Halt - MAW
10/21/2015MAWSON DRILLS 7.0 METRES AT 7.2 g/t GOLD AT PALOKAS, FINLAND
10/14/2015MAWSON DRILLS 20.6 METRES AT 2.7 g/t GOLD AT PALOKAS, FINLAN...
9/24/2015MAWSON DRILLS 5.8 METRES AT 6.2 g/t GOLD AT PALOKAS, FINLAND
9/3/2015Mawson Drills 19.0 Metres at 5.3 g/t Gold at Palokas, Finlan...
9/1/2015Mawson Drills 19.0 Metres at 5.3 G/t Gold at Palokas, Finlan...
8/24/2015Mawson Requests Police Investigation Against an NGO in Finla...
8/24/2015Mawson Requests Police Investigation Against an NGO In Finla...
7/30/2015Mawson Restarts Drilling at the Palokas Gold Prospect in Fin...
7/30/2015Restarts Drilling at the Palokas Gold Prospect in Finland
7/21/2015Mawson Announces Extension of Share Purchase Warrants
6/22/2015Mawson Notified of Re-Appeal by NGO in Finland KANSALAISJÄRJ...
6/22/2015Mawson Notified of Re-Appeal by NGO in Finland
6/22/2015Notified of Re-appeal by NGO in Finland
4/8/2015Mawson Recommences Drilling at the Palokas Gold Prospect, Fi...
4/7/2015Mawson Recommences Drilling at the Palokas Gold Prospect, Fi...
4/7/2015Recommences Drilling at the Palokas Gold Prospect, Finland
3/16/2015Mawson Extends Palokas Gold Prospect, Finland
3/16/2015extends Palokas gold prospect, Finland
1/13/2015Mawson Completes Geophysical Survey at the Palokas Gold Pros...
1/8/2015Mawson Announces Court Ruling In Finland Kemi-tornion käräjä...
12/31/2014Mawson Announces Court Ruling in Finland
12/31/2014Announces Court Ruling in Finland
12/22/2014Announces Results of Annual General Meeting of Shareholders
12/22/2014Mawson Announces Results of Annual General Meeting of Shareh...
11/28/2014Mawson Environmental Leader Appointment Finland MAWSONILLE N...
11/12/2014Environmental Leader Appointment Finland
11/12/2014Mawson Environmental Leader Appointment Finland
10/30/2014Mawson Resources announces date of Annual General Meeting ("...
10/28/2014Mawson metallurgical tests show up to 99% gold extraction at...
10/28/2014metallurgical tests show up to 99% gold extraction at Paloka...
10/14/2014Mawson Resources announces closing of private placement fina...
9/29/2014Mawson announces $3.05 million private placement financing
9/4/2014Mawson Restarts Drilling at the Palokas Gold Prospect in Fin...
9/4/2014Restarts Drilling at the Palokas Gold Prospect in Finland
8/13/2014Mawson extends discovery trend at Palokas, Finland
8/13/2014extends discovery trend at Palokas, Finland
7/30/2014Mawson Prepares to Core Sample the Palokas Gold Project in F...
12/9/2013(Rompas)Commences Geophysical Survey At Rompas, Finland.
10/16/2013Intersects 19.5 Metres at 7.4 g/t Gold From Surface at Palok...
7/17/2013Announces $4.2 Million Private Placement Financing
6/26/2013(Rompas)Kaita Gold Discovery & Exploration Update from Rompas, Finla...
5/21/2013(Rompas)Rompas High Grade Gold Project, Finland: Project Update
2/4/2013announces appointment of VP Exploration
1/24/2013Announces Results of AGM
10/29/2012Grab Samples Up To 2,817g/T Gold At Rajapalot, Finland
10/17/2012(Rompas)Rompas Claims Gain Legal Force In Finland
8/20/2012(Rompas)Announces Final Phase 1 Drill Results And Updates Summer Ex...
5/2/2012Spin-Out Darwin Resources Begins Trading on the TSX Venture ...
4/30/2012and Darwin Complete Statutory Plan of Arrangement
4/24/2012On Listing Of The Common Shares Of Darwin Resources Corp.
4/12/2012on Plan of Arrangement With Darwin Resources Corp.
4/9/2012(Rompas)Mobilizes Second Rig To Rompas In Finland
4/2/2012Shareholders Of Mawson Approve Plan Of Arrangement With Darw...
3/1/2012Provides Update On Reorganization Completes Sale Of Subsidia...
2/10/2012(Rompas)Gains Permission To Drill At Rompas
12/28/2011Provides Update on Transaction with Tournigan Energy Ltd.
12/7/2011to Exchange Scandinavian Uranium Assets for Shares
12/2/2011(Rompas)s Permit Status at Rompas in Finland
10/14/2011Postpones Date of Annual Meeting of Shareholders
9/20/2011intersects 11.3 metres at 0.68% U3O8 at Riutta in Finland
9/6/2011Clarifies Disclosure
8/23/2011s Work Programs in Finland
7/7/2011(Alto Quemado)Outlines a C$750,000 Program at Alto Quemado in Peru
7/22/2010Outlines Summer Work Programs At The Rompas Gold Uranium Dis...
10/9/2007Obtains Permission to Drill at Klappibacken Uranium Project
9/4/2007- 1st Quarter Financial Year 2007/08 Update - Drilling and C...
6/2/2007Stakes 2.9 Million Pound Historic Uranium Resource in Finlan...
5/10/2007ACQUIRES NEW URANIUM PROJECTS IN SALAMANCA, SPAIN
5/10/2007acquires new uranium projects in Salamanca, Spain
3/26/2007STARTS DRILLING AT KLAPPIBACKEN URANIUM PROJECT
Comments closed
 
Latest comment posted for this article
Be the first to comment
Add your comment
TORONTO (MAW.TO)FRANKFURT (MRY.F)
0.300-4.76%3.46-0.57%
TORONTO
CA$ 0.300
10/12 17:00 -0.020
-4.76%
Prev close Open
0.315 0.300
Low High
0.300 0.310
Year l/h YTD var.
 -  -
52 week l/h 52 week var.
0.135 -  0.340 46.34%
Volume 1 month var.
185,000 -%
24hGold TrendPower© : 34
Produces
Develops Uranium
Explores for Gold - Niobium - Tantalum - Uranium
 
 
 
Analyse
Interactive chart Add to compare
Interactive
chart
Print Compare Export
Last updated on : 7/2/2010
You must be logged in to use the porfolio and watchlists (free)
Top Newsreleases
MOST READ
Annual variation
DateVariationHighLow
2024-3.23%
202337.78%0.350.14
202236.36%0.240.10
2021-57.69%0.420.14
2020122.86%0.570.16
 
5 years chart
 
3 months chart
 
3 months volume chart
 
 
Mining Company News
Plymouth Minerals LTDPLH.AX
Plymouth Minerals Intersects Further High Grade Potash in Drilling at Banio Potash Project - Plannin
AU$ 0.12-8.00%Trend Power :
Santos(Ngas-Oil)STO.AX
announces expected non-cash impairment
AU$ 7.70-0.65%Trend Power :
Oceana Gold(Au)OGC.AX
RELEASES NEW TECHNICAL REPORT FOR THE HAILE GOLD MINE
AU$ 2.20+0.00%Trend Power :
Western Areas NL(Au-Ni-Pl)WSA.AX
Advance Notice - Full Year Results Conference Call
AU$ 3.86+0.00%Trend Power :
Canadian Zinc(Ag-Au-Cu)CZN.TO
Reports Financial Results for Q2 and Provides Project Updates
CA$ 0.12+4.55%Trend Power :
Stornoway Diamond(Gems-Au-Ur)SWY.TO
Second Quarter Results
CA$ 0.02+100.00%Trend Power :
McEwen Mining(Cu-Le-Zn)MUX
TO ACQUIRE BLACK FOX FROM PRIMERO=C2=A0
US$ 12.26+2.68%Trend Power :
Rentech(Coal-Ngas)RTK
Rentech Announces Results for Second Quarter 2017
US$ 0.20-12.28%Trend Power :
KEFIKEFI.L
Reduced Funding Requirement
GBX 0.53-1.87%Trend Power :
Lupaka Gold Corp.LPK.V
Lupaka Gold Receives First Tranche Under Amended Invicta Financing Agreement
CA$ 0.06+0.00%Trend Power :
Imperial(Ag-Au-Cu)III.TO
Closes Bridge Loan Financing
CA$ 2.64-1.86%Trend Power :
Guyana Goldfields(Cu-Zn-Pa)GUY.TO
Reports Second Quarter 2017 Results and Maintains Production Guidance
CA$ 1.84+0.00%Trend Power :
Lundin Mining(Ag-Au-Cu)LUN.TO
d Share Capital and Voting Rights for Lundin Mining
CA$ 16.23+4.04%Trend Power :
Canarc Res.(Au)CCM.TO
Canarc Reports High Grade Gold in Surface Rock Samples at Fondaway Canyon, Nevada
CA$ 0.24+4.26%Trend Power :
Havilah(Cu-Le-Zn)HAV.AX
Q A April 2017 Quarterly Report
AU$ 0.20+2.63%Trend Power :
Uranium Res.(Ur)URRE
Commences Lithium Exploration Drilling at the Columbus Basin Project
US$ 6.80-2.86%Trend Power :
Platinum Group Metals(Au-Cu-Gems)PTM.TO
Platinum Group Metals Ltd. Operational and Strategic Process ...
CA$ 1.88+0.53%Trend Power :
Devon Energy(Ngas-Oil)DVN
Announces $340 Million of Non-Core Asset Sales
US$ 52.71+0.19%Trend Power :
Precision Drilling(Oil)PD-UN.TO
Announces 2017Second Quarter Financial Results
CA$ 8.66-0.35%Trend Power :
Terramin(Ag-Au-Cu)TZN.AX
2nd Quarter Report
AU$ 0.04+5.56%Trend Power :