Third drill rig commences at Klappibacken uranium project in Sweden



    VANCOUVER, Feb. 4 /CNW/ - Mawson Resources Limited ("Mawson") TSXv - MAW;
Frankfurt - MRY. Michael Hudson, President & CEO, announces that a third drill
rig has commenced drilling at the Klappibacken uranium project in
north-western Sweden, where a 5,000-metre diamond drill program is underway
this winter.
    Since December 2007, the two rigs previously mobilized to site have
completed 8 drill holes for 1,793 metres. With the addition of a third drill
rig, the Company now has two concentrating on drilling the immediate
extensions to mineralization, while the third is focusing on testing
previously reported radon cup anomalies to identify new sites of
mineralization within a 1 kilometre radius of the Klappibacken resource area.
    Mr Hudson states, "Our confidence, commitment and ability to test the
Klappibacken uranium project is demonstrated by the mobilization of this third
rig. We look forward to receiving the first drill results in over the next few
weeks."
    Further information regarding these and previous results from the
Klappibacken uranium project may be found at
http://www.mawsonresources.com/index.php?page=ProjectsKlap and a recent
streaming video update by the Company's VP Exploration and Director, Mark
Saxon, can be viewed at
http://mininginteractive.com/media/cambridge08/msaxon/.
    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. 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.





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:
info@mawsonresources.com


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