Mawson Announces Sampling Results from the Middagsberget-Fäbodliden Gold Trend
Results Include: 4 metres at 19.1 g/t gold
Vancouver, Canada -- Mawson Resources Limited (the "Company" or "Mawson") TSXv -- MAW; Frankfurt - MRY.Mr Michael Hudson, President & CEO, is pleased to announce results from mapping and sampling of the Company's Middagsberget North Project in Sweden. Significant values include 4m at 19.1 g/t gold, 0.2m at 3.08 g/t gold and 3.0m at 0.76 g/t gold from mineralized massive quartz boulders.
The Middagsberget North prospect is located 1 kilometre to the north-west of Middagsberget and approximately one third of the way along the 3 kilometre long Middagsberget-Fäbodliden gold trend. Mapping and sampling across an area of poor outcrop has located a series of gold mineralized surface boulders. In total, 17 samples from the boulders over an area of 430m by 60m ranged from 0.02 g/t gold to 19.5 g/t gold and averaged 1.6 g/t gold.
Most of the sampled boulders are highly angular and up to 5m x 5m x 5m in size, indicating transport only a short distance from the bedrock gold mineralized source. Although outcrop is extremely limited, ground magnetics across the area suggests the Middagsberget North prospect lies upon the same trend as Middagsberget, and indicates the continuation of both host rocks and fault systems into this newly identified area.
An 8-hole drill program at Middagsberget, completed by the Company last July, located widespread gold mineralization, including 29m at 1.37 g/t gold, 11m at 2.05 g/t gold and 1m at 20.30 g/t gold (see Mawson's Press Release of August 2, 2005).
Mr Hudson states, "This new discovery of high grade mineralization lies 1 kilometre from the Company's recently drilled area at Middagsberget and suggests that gold mineralization may be more widespread than we had previously interpreted. There is no outcrop along this 1 kilometre trend, which makes the result particularly interesting, and provides the Company with an extensive area to drill test in our upcoming program."
The qualified person as defined by National Instrument 43-101 is Mark Saxon, a Director and Vice-President of Exploration for Mawson and Member of the AusIMM. Mr. Saxon has verified the information contained in this release.
On behalf of the Board,
Michael Hudson, President & CEO
1305 -- 1090 West Georgia St., Vancouver, BC, V6E 3V7
Company Contact: Mariana Bermudez (604) 685 9316
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Forward Looking Statement.
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