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Mawson Resources Ltd.

Permitting Progresses at Mawson's Don Benito Project in Spain

Vancouver (ots/PRNewswire)

- Attention Business Editors
Mawson Resources Limited ("Mawson") TSXv - MAW; Frankfurt - MRY.
Michael  Hudson, President & CEO, reports that the Company is pleased
to announce  that the final permitting process at Don Benito uranium
investigation  permits has commenced. The Mining Authorities from the
Spanish province of  Badajoz ("Junta de Extremadura") have requested
that Mawson make a  "Guarantee Payment" for the definitive admission
of the uranium  investigation permits that cover the Don Benito
uranium project. Payment of  this guarantee by Mawson on June 27th
2007 to the Mining Authorities marks  the final phase of the claim
permitting process, and the Company is  confident that the granting
and demarcation of the Don Benito Investigation  Permits (12684-D and
12686-D) shall be complete by year's end. The Don  Benito uranium
claims cover the La Haba open pit uranium mine which ceased
operation in 1990, and the adjacent in-situ uranium resources. The
mine and  resource area are currently overlain by the 3,865 hectare
La Haba State  Mineral Reserve. Spanish Mining Law states that on
lifting of a State  Reserve, the mineral rights within the State
Reserve, will fall directly to the holder of the overlying granted
permits. In addition to the definitive admission of the uranium
investigation permits, the La Haba Mineral Reserve is currently in
the process of being lifted by the National Authorities of Spain.
Significant un-mined historic resources remain within the La Haba
State Reserve, including:
- 6.0 million lbs at 0.06% U3O8 at a 200ppm lower cut-off, - 3.0
million lbs at 0.1% U3O8 at a 600ppm lower cut-off.
The resources were calculated using a computational inverse
distance method based on 3 metre horizontal benches and 40 metre
square cells and is roughly analogous to the CIM definitions
"Measured" and "Indicated". The depth of the resource extends from
surface to 130 metres. The quoted resources are based on the PhD
Thesis, "Petrology and Geochemistry of the Uranium Deposits of South
East Badajoz" by Dr Javier Almarza Lopez of the University of Seville
dated March 1996. These data are historical in nature and were
compiled prior to the implementation of Canadian NI 43-101 reporting
standards. Mawson has not completed sufficient exploration to verify
the estimates and is not treating them as National Instrument
compliant resources or reserves verified by a qualified person and
the historical estimate should not be relied upon. The Company
believes this historical resource and the data used to compile the
estimate - which represent the most recent estimates and data
available - are generally reliable and relevant. Mr Hudson states,
"We are extremely pleased that the final definitive admission of the
Don Benito permits has commenced. The project is unique in that
significant infrastructure is already in place including power, roads
and 30 kilometers of resource and reserve drilling. Considering the
pace of granting, the Company is now compiling all the past data with
the aim to move to a NI 43-101 compliant resource by the December
2007. Concurrently, the Company will undertake a scoping study aimed
at determining the potential economic scenario of reopening the Don
Benito uranium. This study is slated for the first quarter of 2008."
The qualified person for the Mawson's Spanish uranium 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" 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.

Contact:

For further information: Investor Information,
www.mawsonresources.com, 1305 - 1090 West Georgia St., Vancouver, BC,
V6E 3V7, Company Contact: Mariana Bermudez, +1-(604)-685-9316;
Investor Relations Consultants - Mining Interactive, Nick Nicolaas,
+1-(604)-657-4058, Wayne Melvin, +1-(604)-619-6327, Email:
info@mawsonresources.com/ (MAW).

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