 Hotagen The Hotagen uranium mineralized district in Northern Sweden is secured by Mawson's 8,360 hectares of exploration claims and includes the Company's Klappibacken project where a 50% upgraded NI43-101-compliant indicated resource of 3.3 million pounds at 0.08% uranium oxide ("U3O8") was announced in July 2008. In total 21 separate project areas have been defined at Hotagen. Recent results include the discovery of sixty-six individual outcropping uranium mineralized areas within Mawson's exploration clams over an area of 8 kilometres by 7 kilometres. Uranium at Kläppibäcken is hosted by brecciated fluorite-rich granite from surface. The breccia is 50-70 metres thick. Drilled to date over 125m length. NI43-101 compliant indicated resource (July 2008) 3.3 million pounds at 0.08% U3O8. Recent Mawson drill intersections include 56 metres for 0.1% U3O8 from 20 metres. The project remains open in all directions. Kapell Three claims over a 15 km trend with high grade sandstone hosted/roll front mineralization. Unique in Sweden -- potential for new camp to be identified. Better drill intersections include: 2.65 m @ 1.54% eU3O8 from 21.8 m (drill hole AVI75402) 2.65 m @ 1.05% eU3O8 from 3.2 m (drill hole AVI75401) Duobblon The Duobblon uranium project contains a NI 43-101 inferred resource (July 2008) of 8.8 million pounds at 0.03% U3O8 drilled over 1 kilometre. The host sequence remains undrilled over additional 4 kilometres. Arvidsjaur-Areplog Mawson has granted a third party, ASX-listed Hodges Resources Ltd, the right to earn up to 51% in the project by funding work program expenditures of US$0.5 million over 4 years on 4 of Mawson's earlier stage uranium projects (including the Norr Döttern and Harrejokk projects in the Arvidsjaur-Areplog area) in Sweden and up to 75% by fully funding any project to successful bankable feasibility. Other projects joint ventured to Hodges are Sjaule in Hotagen Åsnebogruvan in Southern Sweden.
|
 Rompas New discovery, bonanza grades, Finland. 100's sites identified to date over 6.5km strike x 200m. CHANNEL SAMPLES TO 0.95m @ 1,424 g/t AU AND 1.3% U AND GRAB SAMPLES ASSAY UP TO 22,723 g/t Au. Asento As part of the Areva transaction announced on April 30, 2010, Mawson acquired 100% interest in the Asento project, located near to the Rompas area. Tenure consist of 37 claim applications for approximately 3,556 hectares and are considered to be prospective for vein-style, structurally-hosted hydrothermal uranium deposits hosted within Archaen granites. Riutta As part of the Areva transaction announced on April 30, 2010, Mawson acquired 100% interest in the Riutta granted claims which are located in south eastern Finland. Tenure comprise 10 claims for approximately 790 hectares. This area is considered prospective for unconformity-style uranium deposits. Mustamaa Uranium at Mustamaa is locally hosted by a breccia unit. The breccia is contained within greater than 500 metre long and up to 40 metre wide apatite bearing dolomite horizon. Better drill intersections include: R13: 55.4m @ 0.03% U3O8 from 104m, including 4.1m @ 0.08% U3O8 from 120m and R10: 18.1m @ 0.03% U3O8 from 65m, including 8.4m @ 0.04% U3O8 from 73m. Nuottijärvi Project The Nuottijärvi project is one of Finland's largest known uranium deposits. In Sept 2010, Mawson calculated an inferred NI 43-101 compliant resource of 2.0 million tonnes averaging 0.074% U3O8, using a 0.03% uranium lower cut-off, for 3.27 million lbs. U3O8. The mineralized body is 40 metres in thick, extends from surface to a vertical depth of 80 metres, trends over a strike length of more than 400 metres and remains open along strike and at depth. 
|
 Alto Quemado Project A new gold+copper discovery in Peru. Evidence of two styles of mineralization have been discovered:
|
