MAWSON RESOURCES LTD.

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MAWSON DRILLING EXPANDS NEAR-SURFACE URANIUM AT T�SJ� OVER 1.1 KM, SWEDEN

• Mawson Announces Results From Final 16 Drill Holes of 53-Hole Program at its Kronotorpet Uranium � Rare Earth Element (REE) Prospect � Part of Mawson�s T�sj� Project in Northwestern Sweden (Total 40 Kilometre Strike Length)
• T�sj� Exploration Target*: Between 104 to 116 million pounds of U3O8, 165,000 to 180,000 tonnes of REE and 5.63 million tonnes of P2O5
• Permission Now Granted to Drill T�sj� Project Over a 20 Kilometre Strike to the Northeast and Southwest of Current Drill Area
• Ground Electromagnetic (EM) Survey Completed Over 20-Kilometre Strike Length

Michael Hudson, President of Mawson Resources: �These drill results, together with those from the rest of the program, further expand the drilled out area of near-surface uranium mineralization at Kronotorpet to over 1.1 kilometres. With the ground electromagnetic geophysical survey now having mapped the uranium mineralized horizon over 20 kilometres, we are well placed to continue with drill delineating this extensive mineralized system.�

* NOTE: �Based on 80 historic drill holes and the report, Geological Investigations in the T�sj� area in 1963 and 1964 (G. Armands, Swedish Atomic Energy Company). This exploration target estimate is based on the aforementioned report. The potential quantity and grade is conceptual in nature, as there has not been sufficient exploration to define the target at this time; and it is uncertain that further exploration would result in the definition of a resource. The magnitude of the exploration target was confirmed in a recent independent NI43-101 technical report by Andrew Browne of Geosynthesis Pty Ltd, the current qualified person at the Jabiluka uranium project in Australia, after a review of Swedish Geological Survey documentation, a field visit and check analysis of core samples.�

Dear Friends:
Fundamentals! It�s all about the fundamentals. The current volatile markets have created some �screaming buy�� opportunities -- particularly in the uranium sector where an industry-wide retreat from all-time record prices has created a sell off -- but where long-term prospects for uranium are better than ever. With these points in mind, we highly recommend that you review the latest Mawson �Two-Pager� by clicking on the link above � then consider the 19 (nineteen) 100%-owned uranium projects outlined there. These include five advanced projects: the �near-mine scenario� at Don Benito in Spain (in the final permitting stage) -- the high grade Kl�ppib�cken Project and the equally exciting Duobblon Projects in Sweden � the estimated 100 million+ pounds at T�sj�, also in Sweden * � and the Nuottij�rvi Project, one of Finland�s largest and most promising uranium projects. C$16 cash in the bank (40c per share). Experienced, professional management. Are the fundamentals in place? Absolutely!!!
Regards,

Nick L. Nicolaas

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Mawson Resources holds significant uranium resources in the nuclear energy reliant countries of Spain, Sweden and Finland.

As the European Union reduces its reliance on carbon-based energy sources, Mawson is well placed as the Company develops its exploration portfolio towards the sustainable production of uranium in the shortest possible time frame.

Don Benito Mine in 1982

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August 13 , 2007
Nick Nicolaas, Editor

•Mawson Resources holds significant uranium resources in the nuclear energy reliant countries of Spain, Sweden and Finland. As the European Union reduces its reliance on carbon-based energy sources, Mawson is well placed as the Company develops its exploration portfolio towards the sustainable production of uranium in the shortest possible time frame.

Mawson Two Page Summary

View Mawson CEO in Video Interview

"Mawson is well positioned with a strong project portfolio, active exploration program, CDN$16 million in cash, a large uranium resource base and near-term production potential, all in the backyard of the world�s largest consumers of nuclear power. When combined with the strong fundamentals of the uranium market, we believe there is significant growth to come for Mawson. The Company is managed by experienced mining industry personnel and we will continue to pursue growth opportunities at both the technical and corporate levels."

--Michael Hudson, CEO, Mawson Resources

Mawson Resources Web Site

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