Mawson Resources Ltd.
Advisory Board
In December 2010 Mawson formed an Advisory Board to counsel the Company's CEO and corporate Board of Directors in matters related to continuing exploration and development of its Scandinavian and South American exploration projects. The appointees to the Advisory Board bring considerable depth of experience in European uranium and gold exploration, business development and financial matters. The members of the Advisory Board are:

Dr. Claude Caillat PhD (Geology). Dr Caillat is currently the Senior Expert Geologist for Areva NC's Mining Business Unit based in Paris. He has worked with Areva or associated companies for more than 30 years. He started his career exploring for uranium in Africa and then later focused in Canada. He was the Managing Director of COGEMA's local Swedish company from 1990 to 1997 and was involved in exploration programs for uranium and gold in Sweden, Finland and Russia. Dr Caillat was General Director of AREVA's Russian subsidiary until 2009.

Mr. Philip Williams B.Comm. CFA (Commerce). Mr Williams has 10 years financial market experience with a focus on junior resource companies. Mr. Williams' expertise includes evaluating new opportunities and raising funds. He is currently Vice-President of Business Development with Pinetree Capital Ltd ("Pinetree"). Previously he spent many years working for several institutional brokerage firms in the equity research department. Most recently, he was a uranium analyst focused on companies with advanced development projects worldwide. Mr. Williams is a chartered financial analyst.

Areva and Pinetree are all significant shareholders of Mawson Resources Ltd.