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03/7/14 - C$0.63
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mawson resources ltd (MAW) Details

Mawson Resources Limited, a resource company, operates as an exploration and development company primarily in Finland and Sweden. The company primarily explores for gold, uranium, and copper ores. Its flagship project is the 100% owned Rompas-Rajapalot gold-uranium project, which comprises approximately 833 claims and claim applications for 75,340 hectares in the municipality of Ylitornio, Northern Finland. The company was founded in 2004 and is headquartered in Vancouver, Canada.

9 Employees
Last Reported Date: 08/28/14
Founded in 2004

mawson resources ltd (MAW) Top Compensated Officers

Chairman, President and Chief Executive Offic...
Total Annual Compensation: C$162.0K
Chief Financial Officer and Director
Total Annual Compensation: --
Vice President of Exploration
Total Annual Compensation: C$197.9K
Compensation as of Fiscal Year 2014.

mawson resources ltd (MAW) Key Developments

Mawson Resources Announces Results from an Additional 14 Shallow Drill Holes

Mawson Resources Limited announced results from an additional 14 shallow drill holes completed with the low impact hand-portable drill rig south of the Palokas prospect at the Rompas-Rajapalot gold project in Arctic Finland. Sulphides, in particular pyrrhotite, are a key part of the mineralized rock package at Palokas and are hosted within a distinctive assemblage of skarnoid silicate minerals. Pyrrhotite produces a strong induced polarization (IP) response. Gradient array IP surveys show approximate positions of near-surface sulphide enrichment, without depth information. A single pole-dipole IP line at the Palokas Prospect indicates likely continuation to more than 150 metre depth of the sulphide-bearing rocks, while a VTEM electromagnetic survey modelled conductors spatially associated with the mineralized zone to more than 400 metres depth. Hole PRAJ0080 finished in mineralization and visible gold was observed in a pyrrhotite-rich zone in PRAJ0076 at 24.2 metres depth. Drill testing has been conducted in an area almost completely covered in glacial till and was performed with a Company-owned and operated, hand-portable, low impact rig, through 2-5 metres of glacial till overburden in the vicinity of gold bearing glacial boulders and subcrop that make up a 4 kilometre by 2.5 kilometre target area. A total of 33 holes have been drilled to date in the 2014 autumn/winter program. Drilling continues. Twenty-one holes with assays have now reported and 4 holes did not reach through the till cover to basement. The true thickness of the mineralized interval is interpreted to be approximately 80% of the sampled thickness.

Mawson Resources Ltd., Annual General Meeting, Dec 22, 2014

Mawson Resources Ltd., Annual General Meeting, Dec 22, 2014., at 11:00 Pacific Standard Time. Location: Suite 1305 -- 1090. Agenda: To receive the president's report to the shareholders of the corporation; to receive the audited consolidated financial statements of the corporation for its financial year ended May 31, 2014 together with the related management's discussion and analysis and report of the auditors thereon; to determine the number of directors at seven (7); to elect directors for the ensuing year; to appoint D&H Group LLP, Chartered Accountants, as the auditor of the corporation for the ensuing year and to authorize the directors to fix the auditor's remuneration; to consider and, if thought fit, pass an ordinary resolution approving all unallocated options, rights and other entitlements under the corporation's stock option plan; and to transact such further or other business as may properly come before the meeting or any adjournment or adjournments thereof.

Mawson Resources Ltd. Announces Results from Preliminary Metallurgical Testing on Drill Core from the Palokas Prospect at the Rompas-Rajapalot Gold Project in Arctic Finland

Mawson Resources Ltd. announced results from preliminary metallurgical testing on drill core from the Palokas prospect at the Rompas-Rajapalot gold project in Arctic Finland by SGS Mineral Services UK in Cornwall. Excellent gold extraction results of between 95% and 99% (average 97%) were obtained by a combination of gravity separation and conventional cyanidation; Gravity extraction for the four composites responded well with 26-48% gold extraction. Leaching was performed on the pulverised and blended tailings from the three size fractions after gravity extraction; Samples tested are not classified as refractory; Metallurgical test work indicates gold recovery and processing are potentially amenable to conventional industry standards with a viable flowsheet which could include crushing and grinding, gravity recovery, and cyanide leaching with gold recovery via a carbon-in-pulp circuit for production of onsite gold doré.


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