| | Published : April 09th, 2012 | Mobilizes Second Rig To Rompas In Finland |
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Re: News Release - Monday, April 09, 2012 Title: Mawson Mobilizes Second Rig To Rompas In Finland
Vancouver, Canada -- Mawson Resources Limited ("Mawson") TSX -- MAW; Frankfurt -- MRY. Mr Michael Hudson, President & CEO, announces that a second Diamond drill rig has been mobilized to the Rompas gold project in Northern Finland, in order to complete a 3,000 metre drill program before spring breakup.
As previously reported, Mawson is operating under an agreement with landholders that permits the Company to access and drill on private land that covers more than 500 metres of strike potential in two areas at South Rompas. The southern area (18.9 hectares) includes a 280 metre trend of the southern extensions of the known mineralized zone. The northern area (24.8 hectares) provides access to 240 metre strike in the central zone of South Rompas. The agreement has been made according to the Finnish Mining Act which allows for private agreements to be reached between explorers and landholders. Mawson is specifically drilling for and targeting gold. To date, 11 drill holes for 1,193.75 metres have been completed. Eight holes have been completed in the southern area, with 3 holes in the northern area.
The rocks drilled to date are predominately biotite bearing calc-silicates which vary from biotite-tremolite schists to more massive tremolite-carbonate rocks. Common carbonate-actinolite veins with minor quartz and biotite selvedges variably cut the host rock. Visible gold has been noted within centimetre wide zones within 6 of the 11 holes drilled to date.
Mr Hudson states: "Drilling is progressing as planned and we are glad to accelerate the program with the addition of a second drill rig. We are encouraged by the amount of hydrothermal carbonate veining within the host rocks, however geochemical assays are awaited and are expected to be available in Q2 2012."
Drill core will be prepared and analyzed by ALS Chemex Ltd's laboratories in Pitea, Sweden and Vancouver, Canada, where duplicates, repeats, blanks and known standards have been inserted according to standard industry practice. The qualified person for Mawson's Finnish projects, Mr. Terry Lees, VP Exploration for Mawson and Fellow of the Australian Institute of Geoscientists has reviewed and verified the contents of this release.
In other news, on April 5, 2012, the Company received the Final Order from the Supreme Court of British Columbia (the "Court") approving the previously announced plan of arrangement involving the Company, its shareholders and Darwin Resources Corp. (the "Arrangement"). In the Final Order, the Court determined that the Arrangement is procedurally and substantially fair and reasonable to the security holders of the Company, pursuant to section 291(4)(c) of the Business Corporations Act (British Columbia), and approved the issuances, exchanges and adjustments of securities as contemplated in the Arrangement.
About Mawson Resources Limited (TSX:MAW, FRANKFURT:MRY, PINKSHEETS:MWSNF)
Mawson Resources Limited is a resource acquisition and development company. The Company has distinguished itself as a leading Scandinavian exploration company with a focus on the flagship Rompas gold project in Finland.
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 Seema Sindwani (Institutional IR) +1 647-478-3017 Nick Nicolaas (Retail IR) +1 (604) 657 4058 Email: info@mawsonresources.com
Forward Looking Statements. The statements included herein, other than statements of historical fact, including, without limitation, statements regarding the Arrangement and the Reorganization, 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 except as required by law.
Copyright � 2012 MAWSON RESOURCES LTD. (MAW) All rights reserved. For more information visit our website at http://www.mawsonresources.com or send email to info@mawsonresources.com ..
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Mawson Resources Limited
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DEVELOPMENT STAGE |
CODE : MAW.TO |
ISIN : CA57776G1063 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact 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, € 22.1 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. |
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1/20/2014 | Intersects 19.0 Metres At 2.3 G/T Gold At Palokas, Finland |
10/3/2013 | Drills 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... |
1/14/2013 | Grab 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... |
6/16/2010 | Increases Claim Holding And Releases NI43-101 Technical Repo... |
6/7/2010 | Reports Bonanza Gold with High Grade Uranium at Rompas, Finl... |
11/7/2007 | (Flistjarn)Stakes Three Uranium Claims at Saramki, Finland |
8/15/2007 | Significance of Tasjo Uranium Project and Recent Drill Resul... |
8/14/2007 | Results from Tasjo Uranium Project, Sweden |
4/23/2007 | Identifies High-Grade Uranium at Tresjoarna In Sweden |
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Corporate news of Mawson Resources Limited |
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4/26/2016 | MAWSON DRILLS 2.9 METRES @ 5.9 g/t GOLD AT PALOKAS GOLD PROJ... |
4/4/2016 | MAWSON ANNOUNCES RESIGNATION OF DIRECTOR GIL LEATHLEY |
1/18/2016 | MAWSON UPDATES DRILL AND GEOPHYSICAL PROGRAMS AT PALOKAS GOL... |
12/18/2015 | MAWSON COMMENCES 4,000 METRE DRILL AND 3D GEOPHYSICAL PROGRA... |
12/2/2015 | MAWSON ANNOUNCES CLOSING OF $3.1 MILLION PRIVATE PLACEMENT F... |
11/27/2015 | MAWSON ANNOUNCES RESULTS OF ANNUAL GENERAL AND SPECIAL MEETI... |
10/22/2015 | MAWSON ANNOUNCES $3 MILLION PRIVATE PLACEMENT FINANCING |
10/22/2015 | IIROC Trade Resumption - MAW |
10/22/2015 | IIROC Trading Halt - MAW |
10/21/2015 | MAWSON DRILLS 7.0 METRES AT 7.2 g/t GOLD AT PALOKAS, FINLAND |
10/14/2015 | MAWSON DRILLS 20.6 METRES AT 2.7 g/t GOLD AT PALOKAS, FINLAN... |
9/24/2015 | MAWSON DRILLS 5.8 METRES AT 6.2 g/t GOLD AT PALOKAS, FINLAND |
9/3/2015 | Mawson Drills 19.0 Metres at 5.3 g/t Gold at Palokas, Finlan... |
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8/24/2015 | Mawson Requests Police Investigation Against an NGO in Finla... |
8/24/2015 | Mawson Requests Police Investigation Against an NGO In Finla... |
7/30/2015 | Mawson Restarts Drilling at the Palokas Gold Prospect in Fin... |
7/30/2015 | Restarts Drilling at the Palokas Gold Prospect in Finland |
7/21/2015 | Mawson Announces Extension of Share Purchase Warrants |
6/22/2015 | Mawson Notified of Re-Appeal by NGO in Finland KANSALAISJÄRJ... |
6/22/2015 | Mawson Notified of Re-Appeal by NGO in Finland |
6/22/2015 | Notified of Re-appeal by NGO in Finland |
4/8/2015 | Mawson Recommences Drilling at the Palokas Gold Prospect, Fi... |
4/7/2015 | Mawson Recommences Drilling at the Palokas Gold Prospect, Fi... |
4/7/2015 | Recommences Drilling at the Palokas Gold Prospect, Finland |
3/16/2015 | Mawson Extends Palokas Gold Prospect, Finland |
3/16/2015 | extends Palokas gold prospect, Finland |
1/13/2015 | Mawson Completes Geophysical Survey at the Palokas Gold Pros... |
1/8/2015 | Mawson Announces Court Ruling In Finland Kemi-tornion käräjä... |
12/31/2014 | Mawson Announces Court Ruling in Finland |
12/31/2014 | Announces Court Ruling in Finland |
12/22/2014 | Announces Results of Annual General Meeting of Shareholders |
12/22/2014 | Mawson Announces Results of Annual General Meeting of Shareh... |
11/28/2014 | Mawson Environmental Leader Appointment Finland MAWSONILLE N... |
11/12/2014 | Mawson Environmental Leader Appointment Finland |
11/12/2014 | Environmental Leader Appointment Finland |
10/30/2014 | Mawson Resources announces date of Annual General Meeting ("... |
10/28/2014 | Mawson metallurgical tests show up to 99% gold extraction at... |
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9/29/2014 | Mawson announces $3.05 million private placement financing |
9/4/2014 | Mawson Restarts Drilling at the Palokas Gold Prospect in Fin... |
9/4/2014 | Restarts Drilling at the Palokas Gold Prospect in Finland |
8/13/2014 | extends discovery trend at Palokas, Finland |
8/13/2014 | Mawson extends discovery trend at Palokas, Finland |
7/30/2014 | Mawson Prepares to Core Sample the Palokas Gold Project in F... |
12/9/2013 | (Rompas)Commences Geophysical Survey At Rompas, Finland. |
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7/17/2013 | Announces $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 |
2/4/2013 | announces appointment of VP Exploration |
1/24/2013 | Announces Results of AGM |
10/29/2012 | Grab 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... |
5/2/2012 | Spin-Out Darwin Resources Begins Trading on the TSX Venture ... |
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4/12/2012 | on Plan of Arrangement With Darwin Resources Corp. |
4/9/2012 | (Rompas)Mobilizes Second Rig To Rompas In Finland |
4/2/2012 | Shareholders Of Mawson Approve Plan Of Arrangement With Darw... |
3/1/2012 | Provides Update On Reorganization Completes Sale Of Subsidia... |
2/10/2012 | (Rompas)Gains Permission To Drill At Rompas |
12/28/2011 | Provides Update on Transaction with Tournigan Energy Ltd. |
12/7/2011 | to Exchange Scandinavian Uranium Assets for Shares |
12/2/2011 | (Rompas)s Permit Status at Rompas in Finland |
10/14/2011 | Postpones Date of Annual Meeting of Shareholders |
9/20/2011 | intersects 11.3 metres at 0.68% U3O8 at Riutta in Finland |
9/6/2011 | Clarifies Disclosure |
8/23/2011 | s Work Programs in Finland |
7/7/2011 | (Alto Quemado)Outlines a C$750,000 Program at Alto Quemado in Peru |
7/22/2010 | Outlines Summer Work Programs At The Rompas Gold Uranium Dis... |
10/9/2007 | Obtains Permission to Drill at Klappibacken Uranium Project |
9/4/2007 | - 1st Quarter Financial Year 2007/08 Update - Drilling and C... |
6/2/2007 | Stakes 2.9 Million Pound Historic Uranium Resource in Finlan... |
5/10/2007 | ACQUIRES NEW URANIUM PROJECTS IN SALAMANCA, SPAIN |
5/10/2007 | acquires new uranium projects in Salamanca, Spain |
3/26/2007 | STARTS DRILLING AT KLAPPIBACKEN URANIUM PROJECT |
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