Mawson Resources Ltd (TSX:MAW, PINKSHEETS:MWSNF, FRANKFURT:MXR) is a resource acquisition and development company with precious and base metal interests in Finland and Sweden.
The Company's flag ship property is the Rompas gold project in Finland. Maiden drill hole results from Rompas released on May 31 2012 comprised 6 metres at 617 g/t gold from 7 metres depth including 1 metre at 3,540g/t gold from 11 metres depth in drill hole ROM0011.
05/10/13Mawson Resources climbs on high grade gold core sampling results from Rompas prospect
19/09/13Mawson Resources moves ahead with more drilling at Rompas
11/09/13Mawson Resources closes $4.2 mln financing
04/09/13Mawson Resources gets shareholder approval for second tranche of financing, to hold over $8 mln in cash
07/08/13Mawson Resources says first tranche of $4.2 mln financing oversubscribed
No documents available.
Mawson is a natural resources company which has been continually engaged in the acquisition and exploration of precious and energy mineral properties since its incorporation in 2004.
The Company current focus is exploring for gold and uranium at Rompas in Finland.
Our corporate objectives are to define a world class mineral system at Rompas.
The team has made numerous discoveries and has demonstrated success at generating high merit projects during the last 15 years in Sweden, Peru and Australia suggesting the team will continue to deliver growth to Mawson via acquisition and discovery.
Sampling footprint of 6 km strike and 200-250 m width;
Significant gold results from the maiden drill program;
Hole ROM-0011 returned 617 g/t Au over 6m starting at 7m depth, and including 3540 g/t over 1m at 11m down hole;
A 100m wide anomalous zone is characterized by veining and alteration and gold is associated with some of these veins;
Only started drilling on two small windows of the 6km of strike length...240m in the south and 160m in the north;
Extremely high grade:
1127 g/t Au, 4.25% U3O8 - average of 171 grab samples
204 g/t Au, 0.9% U3O8 over 0.59m -- average of 80 channel samples
up to 22,723 g/t Au and 43.6% U were sampled
Michael Robert Hudson, B.Sc.(Hons) GDipAppFin FAusIMM MSEG MAIG
President, CEO, Chairman and Director
Michael Robert HudsonMr. Hudson has 21 years of experience in mineral exploration in Australia, Asia, South America and Europe. He graduated from the University of Melbourne in 1990 with a First Class B.Sc. (Hons) in Geology. For 13 years he developed exploration to pre-feasibility project management experience in Pakistan, Australia, Peru, Argentina, Mexico and Sweden for major mining companies. For the past 8 years he has headed Mawson and led its development from a junior Venture Exchange listed explorer to a respected European focussed Toronto Stock Exchange listed company. He has been an integral team member for the discovery of the Portia gold deposit in the Olary district of South Australia, the Duddar Pb-Zn mine in Pakistan, the Norra Karr REE deposit in Sweden and the Rompas gold-uranium property in Finland. In 2005, Mr Hudson received the Tolhurst Noall Prize for achieving the highest mark for "Mining Investment Analysis" in the State of Victoria, Australia for the FINSIA Graduate Diploma of Applied Finance and Investment. Mr. Hudson has primary managerial responsibility for the Company's activities. Mr Hudson is a founder of and also sits on the Board of Tasman Metals Ltd (TSXv:TSM; NYSE-AMEX:TAS), Flinders Resources Ltd (TSXv:FDR) and Darwin Resource Corp (TSXv:DAR). He is a Fellow of the Australasian Institute of Mining and Metallurgy and Member of both the Society for Economic Geologists and Australian Institute of Geoscientists.
David Henstridge B.Sc.(Hons) FAusIMM, MAIG, MGSAust, P.Geo.
David HenstridgeMr. Henstridge is a Professional Geologist and a director of the Company. He has over 36 years of experience in mineral exploration overseas. He is currently President, CEO and a director of Tumi Resources Limited (TSXv:TM) and a director of both Tinka Resources Limited (TSXv:TK) and Tasman Metals Ltd (TSXv:TSM). He graduated from the University of Adelaide in 1971 with a B.Sc. (honours) in Geology. He has over 20 years' experience in managing publicly traded companies.
Nick DeMare CA
Nick DeMareMr. DeMare is a chartered accountant and a director of the Company. He has been a director and officer of many publicly listed companies in the resource sector since 1986 providing accounting, management, securities regulatory compliance and corporate secretarial services. He graduated from the University of British Columbia in 1977 with a Bachelor of Commerce.
Mark Saxon B.Sc.(Hons) GDipAppFin MAusIMM MAIG
Mark SaxonMr. Saxon has 20 years of experience in exploration and resource geology. He graduated from the University of Melbourne in 1991 with a First Class Bachelor of Science (Honours) in geology, and is a member of the Australasian Institute of Mining and Metallurgy. Prior to joining Mawson Resources, he was employed by a number of Canadian exploration companies undertaking project assessment and acquisition for gold and base metal projects. Mr Saxon has also worked for Pasminco Australia Ltd in Australia and South America. Mr Saxon has familiarity with a large number of mineralised terranes and individual mineral deposits and specialises in regional project generation for gold and base metals and exploration geochemistry. His experience ranges from first pass project generation and grassroots exploration to resource definition. Mr Saxon has considerable experience and practical knowledge of the geology, prospectivity and operating environments of Australia, Northern Europe and South America. Mr Saxon is the President & CEO of Tasman Metals Ltd (TSXv:TSM; NYSE-AMEX:TAS) and is a founder of and also sits on the Board of Mawson Resources Ltd (TSX:MAW), Flinders Resources Ltd (TSXv:FDR) and Darwin Resource Corp (TSXv:DAR).
Gil LeathleyGil Leathley brings over 50 years of senior experience encompassing all aspects of international mining operations. Between the periods of 1975 to 2000, Mr. Leathley was the driving force in overseeing the development of six major operating mines on behalf of Noranda Mining, Corona Resources and Homestake Mining. Strategic development included the Golden Giant, Jolu, Eskay Creek, Santa Fe, Ruby Hill and Nickel Plate mines. During his tenure, he held various senior management and operating positions, ranging from Mine Superintendent and General Manager to Senior Vice President, and Chief Operating Officer. His responsibilities included overseeing mine development and operations with work forces of up to 2,500 employees. As a noted specialist in operational economics and company finances, he also played a key leadership role in the evaluation of acquisitions and the integration of acquisitions with the various parent companies.
Mr. Colin Maclean B.A (First Class Honours Geology)
Mr. Colin Maclean B.A (First Class Honours Geology). Mr Maclean is Deputy Chairman and a founding partner of The Sentient Group's Resources Funds ("Sentient"). For the past 9 years he has stewarded Sentient's investments as a director of the investee companies under his direct responsibility. Prior to joining Sentient, he spent 14 years in funds management at the Private Capital division of the AMP Society, then Australia's foremost investing institution. Prior to AMP, he spent 15 years as an exploration geologist, mainly with the Exxon Minerals group, exploring for uranium and other ore deposit types in Australia, South Africa, the USA and Europe. His most senior role was Exploration Manager for Exxon Minerals Germany, where his team was successful in delineating a uranium deposit.
Vice President Exploration
Mr. Terry Lees is Vice President of Exploration for Mawson. Mr Lees obtained his Bachelor of Applied Science (Geology) from RMIT in 1978, then a Master of Science (Geology) from the University of Tasmania in 1987, and a Master of Environment from Melbourne University in 2004. He has over 30 years of global experience in the mining and exploration industry. Recently he was Exploration Manager with Copper Strike Ltd, while previously he concentrated on grassroots exploration through to feasibility studies for gold and base metal properties.
Exploration Manager - Scandinavia
Dr Erkki Vanhanen, who came to Mawson via Areva NC in 2010, is the Exploration Manager Scandinavia for Mawson. Dr Vanhanen graduated from a Master of Science in Geology and Mineralogy in 1981 and completed his PhD in Geology and Mineralogy in 2001. Both degrees were completed at the University of Oulu. Dr Vanhanen's professional experience has primarily been in gold and uranium exploration for 25 years including 15 years generating, implementing and managing exploration projects in the field. He spent 3 years with Areva Resources Finland OY as Technical Director and 23 years with the Geological Survey as Finland, with a final role as Division Manager, Bedrock and Raw Materials.
Exploration Manager - South America
Mr Rolando Ligarda is the Exploration Manager of South America for Mawson. Mr Ligarda is a geologist with 24 years experience in exploration for mineral deposits in Peru, Chile and Argentina, with a strong record of discovery. He has past experience with SIMSA, Rio Tinto, Pasminco, Buenaventura, Meridian/Yamana and Hochschild, with extensive experience developing and organizing programs for the exploration, development and the evaluation of mineral projects. He was part of the teams involved in the discovery of the Yanque, Pukaqaqa, Marcapunta and Millo projects.
Ms. Bermudez has 14 years of experience in publicly traded companies. She is also the corporate secretary for Tumi Resources Limited and Tinka Resources Limited, both listed on the TSX Venture Exchange.
Share Capital Structure as of August 9th, 2012
|SHARE CAPITAL STRUCTURE||Price||No. of Securities||Total Securities|
|Issued and Outstanding:||52,234,253|
|Expiring May 3, 2013||$0.41||100,000|
|Expiring Oct 18, 2013||$0.82||1,768,000|
|Expiring Feb. 14, 2014||$2.35||150,000|
|Expiring Aug. 2, 2014||$1.72||220,000|
|Expiring March 5, 2015||$1.30||100,000|
|Expiring March 29, 2015||$1.24||125,000|
|Expiring August 9, 2015||$1.49||50,000||2,513,000|
|Expiring October 25, 2012||$1.02||3,876,470|
|Expiring May 12, 2014||$0.857||4,920,667||8,797,137|
Mariana Bermudez - Corporate Secretary
Tel: +1 (604) 685 9316
Fax: +1 (604) 683 1585
c/o Chase Management Ltd.
Suite 1305 - 1090 West Georgia St.
Vancouver, BC V6E 3V7 CANADA
Suite 1305 - 1090 West Georgia St.
Vancouver, BC V6E 3V7
Ernst & Young
Ernst & Young Building
11 Mounts Bay Road
Perth WA 6000 Australia
Phone: +61 8 9429 2222
Fax: +61 8 9429 2436