Mawson commences drilling at Tasjo - 4 drill rigs operating in Sweden



    VANCOUVER, Feb. 19 /CNW/ - Mawson Resources Limited ("Mawson") TSX - MAW;
Frankfurt - MRY. Michael Hudson, President & CEO, announces that drilling has
commenced at the Tasjo uranium project in north western Sweden where a
2,000 metre diamond drill program is planned for this winter.
    The current program will test the Tasjo uranium mineralized sedimentary
horizon at the Bodkullarna and Onbacken prospects, located 6 kilometres to the
north east and 8 kilometres south west of the Kronotorpet prospect
respectively, where a 53 drill hole program was completed in 2007. At
Kronotorpet, uranium was drill tested in a mineralized sedimentary horizon
from surface to typically 40 metres vertical depth, across an area covering
1,100 metres in strike and 250 metres in width. Drilling was performed on a
grid of 25 or 50 metre spacing, on sections separated by 100 metres. Forty-one
of the 53 drill holes intersected significant uranium mineralization, with the
uranium host sequence ranging from 0.9 metres to 13 metres thick and grading
between 100 ppm to 442 ppm U(3)O(8). The mineralized unit averaged 5.0 metres
at 246 ppm U(3)O(8).
    Tasjo is a sedimentary uranium deposit where uranium mineralization is
associated with concretions of carbonatefluorapatite, which constitute up to
20% of the rock. Mass balance calculations indicate that the uranium grade of
the fluorapatite is 0.16%. Significant rare earth element mineralization is
contained within the uranium bearing sequence, again associated with the
carbonate-fluorapatite. Drilled intersections at Kronotorpet range from 0.03%
to 0.12% combined REE and averaged 0.09% combined REE. The dominant REE at
Tasjo are yttrium (Y), cerium (Ce), neodymium (Nd), europium (Eu) and
ytterbium (Yb).
    Mr Hudson states, "The large scale of the Tasjo uranium project is
demonstrated by the location of these drill sites over a total strike extent
of 14 kilometres. Mawson's permit holding covers over 40 kilometres of the
uranium host sequence. With three drill rigs already active at the
Klappibacken uranium project and the fourth now operating at Tasjo we look
forward to a good flow of drill results from Sweden over the next quarter."
    Further information regarding these and previous results from the Tasjo
uranium project may be found at
http://www.mawsonresources.com/index.php?page=ProjectsTasjo. 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"
    -------------------------------
    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.





For further information:

For further 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: info@mawsonresources.com


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