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Mawson Resources Ltd.

Mawson Increases Klappibacken Resource by 51% to 3.3 Million Pounds of U3O8

Vancouver, Canada (ots/PRNewswire)

Mawson Resources
Limited ("Mawson") TSX - MAW; Frankfurt - MRY. Michael Hudson,
President & CEO provides an updated resource calculation for the
Kläppibäcken uranium project in northern Sweden following completion
of a 20 hole drilling program. The new resource calculation is a 51%
increase in measured plus indicated categories over the previous
calculation as reported in a NI 43-101 technical report dated 28
February 2008. The resource, using a 0.025% uranium lower cut-off
grade, is:
CATEGORY    Million Tonnes   GRADE %  Contained    Contained
                       (Mt)         U3O8     U3O8 (t)   U3O8 Million
                                                            lbs
    Measured           0.09        0.064         56        0.12
    Indicated          1.85        0.077      1,429        3.15
    TOTAL              1.94        0.077      1,485        3.27
The resource at Kläppibäcken occurs as a single block of
mineralization and, to date, extends from surface to a maximum depth
of 200 metres, 150 metres in strike and up to 105 metres in
thickness. The deposit remains open in all directions. Kläppibäcken
is an intrusive-related uranium deposit, hosted by brecciated and
cataclastic granite which is strongly enriched in fluorite or
hematite.
Basic metallurgical testing undertaken on Kläppibäcken samples
has shown the mineralization to be easily liberated with conventional
processing. Testing of two samples carried out by the Luleå
Technological University in Sweden in 1983 showed excellent
grindability and leachability. Kläppibäcken samples were reduced in a
rod mill within 15 minutes to 175 micron size. Recovery of 97%
uranium with low oxygen consumption by acid leach was achieved which
is considered very promising.
Michael Hudson states, "Mawson's first drilling program at
Kläppibäcken has increased the measured plus indicated resource base
by more than 50% over the previously reported resource.
Mineralization remains open with strong potential for expansion and
future work will be directed at defining the immediate extensions to
mineralization and testing near surface targets. Kläppibäcken forms
part of Mawson's Hotagen project, where 19 drill-tested or surface
sampled uranium mineralized prospects have been discovered within a
five kilometre radius of Kläppibäcken. A summer field program is now
underway and we look forward to continuing to build our knowledge of
this highly prospective area."
The resource was estimated within a geologically constrained
mineralized envelope; with a lower cut off of 0.025% uranium applied
to resource blocks populated using the inverse distance squared
method within Maptek Vulcan software. The model utilized a total of
56 holes for 8,943 metres which included 32 drill holes completed by
the Swedish Geological Survey between 1983 and 1984 and 22 drill
holes completed by Mawson during 2007 and 2008. Resource category
classifications were defined using criteria determined during the
validation of the grade estimates, with detailed consideration of the
NI 43-101 and CIM categorization guidelines as shown below:
- Measured resource: blocks less than 12.5 metres from the weighted
       average Cartesian distance from a drill hole composite;
    - Indicated resources: blocks less than 40 metres from the weighted
       average Cartesian distance from a drill hole composite.
Uranium from Mawson's drill holes was analyzed by the ME-XRF05
technique by ALS Chemex Ltd's laboratories in Piteå, Sweden and
Vancouver, Canada, where duplicates, repeats, blanks and known
standards were inserted according to standard industry practice. The
resource calculation was undertaken by the consulting firm ReedLeyton
Consulting Ltd of Edinburgh. The qualified person for the
Kläppibäcken 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
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.
On behalf of the Board,
    "Michael Hudson"
    Michael Hudson, President & CEO
    Investor Information
    http://www.mawsonresources.com
    1305 - 1090 West Georgia St., Vancouver, BC, V6E 3V7
    Company Contact: Mariana Bermudez, +1-604-685-9316
    Investor Relation Consultants - Mining Interactive
    Nick Nicolaas, +1-604-657-4058, Wayne Melvin, +1-604-619-6327
    Email:  info@mawsonresources.com

Contact:

Company Contact: Mariana Bermudez, +1-604-685-9316; Investor Relation
Consultants - Mining Interactive, Nick Nicolaas, +1-604-657-4058,
Wayne Melvin, +1-604-619-6327, Email: info@mawsonresources.com

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