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Latest update from Mawson on high grade samples

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Kaseymoe   Tuesday, 01/15/13 11:34:55 AM
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Latest update from Mawson on high grade samples from the Rajaplot site to the east of main Rompas site.

http://www.proactiveinvestors.com/companies/news/39379/mawson-resources-discovers-up-to-1520-gt-gold-at-rajapalot-northern-finland-39379.html

The grade cited is in the incredible realm -doesn't mean the entire area holds grades of that magnitude but the number of high grade grab and channel samples is - pick your superlative - "world class", "bonanza", or simply "incredible".

The drilling program will show the extent in the vertical - some of that work should be published by summer and the beginnings of a total resource estimate may come to light.

Share prices were up about 6 cents on Monday's press release - not much second day carryover. At 10 am Tuesday morning 1-15-13 MAW 1.72 and MWSNF 1.73 with very little volume. Quite a bit of anticipation is built into even those prices since Mawson is still years away from first metal pour or uranium production but the prospects look great. Not sure where or how strong the real "run" is share price takes place - well before production I'd guess - perhaps this summer when we get drilling results and if and when permitting for the major parts of work on Rompas itself should provide another step up.

Anybody here? Not much message board traffic - small shareholder base but quite a few large groups are investing so this one is known but not not widely. It will be.


rjw/mkc



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