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Mawson Resources

Mawson Resources (TSX: MAW)(OTC: MWSNF) commenced operations on March 10, 2004. On October 28, 2004 Mawson completed its initial public offering and on October 29, 2004 commenced trading of its common shares on the TSX Venture Exchange ("TSXV") under the symbol "MAW". At the end of March, 2005 Mawson has its shares listed on the Frankfurt Open Market under the trading symbol "MXR". In 2008 the company migrated to the main TSX board under the ticker symbol "MAW".

Mawson is a natural resources company which has been continually engaged in the acquisition and exploration of precious and energy mineral interests since its incorporation in 2004. 

The Company's flag ship property is the Rompas gold project in Finland. 

The team has made numerous discoveries and has demonstrated success advancing these towards mining.

The Rajapalot and Rompas exploration projects are Mawson’s flagship properties in Finnish Lapland. Both disseminated and nuggetty high-grade gold has been discovered within a camp-scale area over 10 sq. km.

Initial discoveries of nuggety, high-grade, gold-uraninite-bearing dolomite veins developed over a 6km trend at Rompas led to the maiden drill program returning 6m at 617 g/t gold from 7m depth in drill hole ROM0011 in 2011.

At Rajapalot, approximately 8 km east, the discovery of Palokas in 2013 by drilling returned high-grade, disseminated gold including 19.5m at 7.4 g/t gold from 1.3m in PRAJ0006 and 5.4m at 37.6 g/t gold from 2.5m in PRAJ0009.

During the winter of 2015-16, drilling tested the broader extents of the Rajapalot system for the first time. Results defined the scale of the hydrothermal system, with major outcomes including:

  • Deepest and best drill result achieved to date outside Palokas with PAL0016 returning 8.4m @ 4.2 g/t gold from 206.0m in PAL0016, 350m along strike from the main Palokas mineralization;
  • Mineralized rocks drilled over 3.5km strike with PAL0023 returning 3.0m @ 2.1 g/t gold from 84.4m;
  • Multiple levels of mineralization within a 100m thick stratigraphic package;
  • Multiple targets remain untested.

The reinterpretation of the geology indicates 65km of host stratigraphy exists within Mawson's permit area. In combination with widespread hydrothermal alteration and gold mineralization, expectations for further drilling success remain high. A large drill program is planned for the winter 2016/17.

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MARKET SUMMARY

INDICES

Name Last Change
DOW 23566.40 0.10%
S&P 500 2598.41 0.02%
NASDAQ 6867.07 0.07%
TSX 16095.94 0.12%
TSX-V 793.38 0.00%

Resource Commodities

Name Last Change
Gold 1288.76 0.64%
Silver 17.11 0.82%
Copper 3.13 1.12%
Platinum 940.00 0.90%
Oil 56.83 0.72%
Natural Gas 3.02 0.99%
Uranium 24.25 N/A
Zinc 1.45 0.00%

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