VANCOUVER, Sept. 11 /CNW/ - Mawson Resources Limited ("Mawson") TSX -
MAW; Frankfurt - MRY. Mr. Michael Hudson, President & CEO, announces that the
Caceres Oeste No. 10195 investigation permit for "Section D" (energy minerals
including uranium) has been granted ("Otorgamiento"). The claim lies in the
Extremadura province of western Spain and is the first to be granted of the
Company's 11 uranium investigation permits which cover 82,056 hectares.
Mr Hudson comments: "Granting of the first investigation permit is a
significant milestone for Mawson in Spain. Other investigation permits are
progressing to granting through the relevant provincial authorities, 9 having
attained definitive admission ("Admisisn Definitiva"), the final stage of
permitting before granting. We look forward to immediately advancing our
exploration activities in Spain."
An airborne radiometric survey is planned to cover Mawson's permit
applications in Spain during October 2008.
The Caceres Oeste permit covers an airborne radiometric (uranium
high/thorium low) anomaly that extends over a distance of 25 kilometres on the
western contact zone between a granite and shale metasediments. Historic
exploration focussed on the eastern flank of the granite and located uranium
mineralization outside of Mawson's claim (Figure 1).
The qualified person for the Mawson's Spanish projects, 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. The statements herein that are not historical
facts 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. The TSX Exchange has not reviewed and does not
accept responsibility for the adequacy or accuracy of this release.
Figure 1: Caceres Oeste - Airborne radiometrics (high uranium/low thorium
in pink) and known uranium prospects can be seen at:
For further information:
For further information: Investor Information, www.mawsonresources.com,
1305 - 1090 West Georgia St., Vancouver, BC, V6E 3V7; Company Contact: Mariana
Bermudez, (604) 685-9316; Investor Relation Consultants - Mining Interactive,
Nick Nicolaas, (604) 657-4058; Wayne Melvin, (604) 619-6327, Email: