VANCOUVER, Dec. 19 - Mawson Resources Limited ("Mawson") TSXv - MAW; Frankfurt - MRY. Michael Hudson, President & CEO, announces that a second drill rig has now commenced drilling at the Klappibacken uranium project in northwestern Sweden where a 4,000-metre diamond drill program has been planned for this winter.
The first rig which commenced drilling three weeks ago has now completed three drillholes for 711 metres. This first rig is drilling the immediate extensions to mineralization, while the second will focus on previously reported radon cup anomalies to identify new sites of mineralization within a 1 kilometre radius of the Klappibacken resource area.
Mr Hudson states, "The Mawson field teams are working hard to keep the drill rigs turning at the Klappibacken project over the winter. We look forward to receiving the first drill results in the New Year."
Further information regarding these and previous results from the Klappibacken uranium project may be found at http://www.mawsonresources.com/index.php?page=ProjectsKlap.
The qualified person for the Klappibacken project, Mark Saxon, Director and Vice-President of Exploration for Mawson, and a member of the Australasian Institute of Mining and Metallurgy, has reviewed and verified the contents of this release.
About the Company: 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.
On behalf of the Board,
Michael Hudson, President & CEO
Forward Looking Statement. This news release contains certain "forward-looking" statements and information relating to the Company that are based on the beliefs of the Company's management as well as assumptions made by and information currently available to the Company's management. Such statements reflect the current risks, uncertainties and assumptions related to certain factors including, without limitations, competitive factors, general economic conditions, customer relations, relationships with vendors and strategic partners, the interest rate environment, governmental regulation and supervision, seasonality, technological change, changes in industry practices, and one-time events. Should any one or more of these risks or uncertainties materialize, or should any underlying assumptions prove incorrect, actual results may vary materially from those described herein. Neither the TSX Venture Exchange nor the Frankfurt Deutsche Borse have reviewed the information contained herein and, therefore, do not accept responsibility for the adequacy or accuracy of this news release.