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MAWSON RESOURCES LTD

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Market:
TSX
Market Cap:
$19.22 m
Price
0.14 CAD
Change
-10.00%
52 weeks high
0.34
52 weeks low
0.14

OBJECTIVES

The Company commenced operations on March 10, 2004. On October 28, 2004 the Company completed its initial public offering and on October 29, 2004 commenced trading of its common shares on the TSX Venture Exchange ("TSXV") under the symbol "MAW". At the end of March, 2005 the Company has its shares listed on the Frankfurt Open Market under the trading symbol "MXR". In 2008 the company migrated to the main TSX board under the ticker symbol "MAW".

Mawson is a natural resources company which has been continually engaged in the acquisition and exploration of precious and energy mineral interests since its incorporation in 2004.

The Company's flag ship property is the Rompas gold project in Finland.

The corporate objectives are to build our business in the Nordic countries around Rompas and to find and define large, long-life assets. Our long term vision to cement ourselves as a Finnish based and majority-owned company.

The team has made numerous discoveries and has demonstrated success advancing these towards mining.

Finland
The Rompas-Rajapalot exploration project is Mawson’s flagship properties in Finnish Lapland. Both high-grade gold and cobalt has been discovered within a camp-scale area over 10 sq. km.

Initial discoveries of nuggety, high-grade, gold-uraninite-bearing dolomite veins developed over a 6km trend at Rompas led to the maiden drill program returning 6m at 617 g/t gold from 7m depth in drill hole ROM0011 in 2011.

At Rajapalot, approximately 8 km east, the discovery of Palokas in 2013 by drilling returned high-grade, disseminated gold including 19.5m at 7.4 g/t gold from 1.3m in PRAJ0006 and 5.4m at 37.6 g/t gold from 2.5m in PRAJ0009, with significant cobalt mineralization also identified across the project ie PAL0075: 10.8 metres @ 1,299 ppm Co, 6.2g/t Au (8.7g/t AuEq) from 8.7 metres.

Interpretation of the geology indicates 65km of host stratigraphy exists within Mawson's permit area. In combination with widespread hydrothermal alteration and gold mineralization, expectations for further drilling success remain high with large drill programs ongoing on the project.

United States

Mawson has signed Exploration and Option Agreements for one of the largest areas prospective for epithermal gold in the lower mainland USA (150,500 hectares) from an arm’s length private landholder (the “Landholder”).

While Mawson shall maintain a sharp focus on its flagship Rompas-Rajapalot gold-cobalt project in Finland where preparation for a substantial winter drilling program is well advanced, this new Western USA project (“the WUSA project”) presents the opportunity for rapid progress and discovery in an alternate jurisdiction. Dependent on results, the WUSA project is being explored with a view to potential future joint venture, strategic alliance, or corporate transaction.

Finland & US

Michael Robert Hudson, B.Sc.(Hons) GDipAppFin FAusIMM MSEG MAIG
Chairman, CEO and Director

Mr. Michael Hudson, B.Sc. (Hons 1st) is an explorationist and entrepreneur. During the last 28 years he has developed and financed mineral exploration properties and since 2004 has headed Mawson Resources Ltd (TSX:MAW) as Chairman, CEO and Director. He graduated from the University of Melbourne in 1990 with a B.Sc. (Hons 1st) in Geology and more recently received the Tolhurst Noall Prize for "Mining Investment Analysis" in Victoria, Australia for the FINSIA Graduate Diploma. Starting his career underground for 3 years in Broken Hill in 1990 with Pasminco Ltd., he has managed and developed exploration to pre-feasibility projects in Pakistan, Australia, Peru, Argentina, Mexico, Finland, Spain, Portugal and Sweden for major and junior mining companies. He was 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-Rajapalot gold property in Finland. Mr. Hudson is a founder and Chairman of Leading Edge Materials (TSXV:LEM) a critical metals company in Sweden which owns a globally significant heavy rare earth element project, and a graphite mine targeting the high purity graphite battery electrical storage industry, and a founder of Darwin Resources Ltd (now merged with Tinka Resources Ltd TSXV:TK), a zinc explorer and developer in Peru and a director of Hydro66 Holdings Corp. (CSE:SIX). He is also a founder and director of Hannan Metals Ltd (TSXV:HAN), a company with base metal interests in Ireland. 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
Director

Mr. Henstridge is a self-employed professional geologist and holds a Bachelor of Science (Honours) degree from the University of Adelaide in Australia and professional designations from each of the Australasian Institute of Mining and Metallurgy, the Australian Institute of Geoscientists and the Geological Society of Australia. Mr. Henstridge brings over 30 years of experience in the mining industry including 20 years in managing public-listed companies. Mr. Henstridge is a director and member of various audit, compensation, corporate governance and nominating committees of other public-listed mineral exploration companies.

Nick DeMare CPA,CA
CFO & Director

Mr. DeMare, a chartered professional accountant, has been President of Chase Management Inc. since 1991, providing accounting, management, securities regulatory compliance and corporate secretarial services to private and public-listed companies. Mr. DeMare also serves as an officer and/or director of a number of public-listed companies. Mr. DeMare holds a Bachelor of Commerce degree from the University of British Columbia and is a member in good standing of the Institute of Chartered Accountants of British Columbia.

Mark Saxon B.Sc.(Hons) GDipAppFin MAusIMM MAIG
Director

Mr. Saxon has 23 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 also a Director of Leading Edge Materials Ltd (TSXv:LEM).

Mr. Colin Maclean B.A (First Class Honours Geology)
Director

Mr. Colin Maclean B.A (First Class Honours Geology). Mr Maclean is a founding partner and former Deputy Chairman of The Sentient Group's Resources Funds ("Sentient"). For the decade prior to joining Mawson he stewarded a number of 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, gold and other ore deposit types in Australia, South Africa, the USA and Europe. His most senior field role was Exploration Manager for Exxon Minerals Germany, where his team was successful in delineating a uranium deposit.

Noora Ahola
Director: Environment

Noora Raasakka is the Environmental Leader Finland for Mawson. Noora is a Forestry Engineer with a Masters Degree in Landscape Management. She has developed strong experience within the Finnish environmental administration, applying environmental legislation towards nature protection. Her most recent role has been with The Centre for Economic Development, Transport and the Environment for Lapland (ELY-Centre) in the Nature Protection Unit as a project manager for a program based on developing biodiversity and ecological connections between Natura 2000 sites. As Environmental Leader, Noora sets Environmental Policy with senior management, and is responsible for environmental monitoring and management plans. She is responsible for identifying and managing key environmental risks associated with Mawson's projects and for ensuring environmental factors are effectively addressed and managed. Working closely with local communities and government, Noora manages consultants and ensures that environmental criteria are integrated into the design of exploration projects. The role is a key member of the exploration team and is responsible for ensuring all environmental requirements are delivered on time and within scope.

Philip Williams B.Com, CFA
Director

Mr. Williams brings more than 15 years of mining and finance industry experience. His diverse work experience includes roles in corporate development, as a sell-side research analyst, in fund management and most recently as managing director of investment banking focused on the metals and mining sector. In each of these roles, he focused a significant amount of time on the exploration industry. As a research analyst at Westwind Partners, Mr. Williams worked with a team that covered a range of commodities including precious and base metals, diamonds and uranium. In late 2008, he joined Pinetree Capital, a natural resource focused investment fund, in the role of VP Business Development. During his time there, he was responsible for analyzing and monitoring investments and was also appointed to the board of directors of several investee companies. In 2012, he joined Dundee Capital Markets (now Eight Capital) in the investment banking group. As a Managing Director, he successfully completed equity financings across a wide range of commodities and was a named advisor on multiple M&A transactions.

Dr Nick Cook
President

Dr Nick Cook obtained his Bachelor of Science with Honours (Geology) from the University of Otago in 1985, then a PhD (Geology) from the University of New England in 1994. He has over 20 years of global experience in exploration and exploration-focused research geology. For the last three years he has acted as Vice-President Exploration for Mawson.

Mariana Bermudez
Corporate Secretary

Ms. Bermudez has over 20 years of experience providing corporate secretarial, corporate governance and securities regulatory compliance services to public-listed companies, including four years of experience as legal secretary/assistant with two Vancouver law firms in the securities and corporate commercial areas. Ms. Bermudez serves as corporate secretary and corporate governance advisor to various reporting issuers listed on the TSX or TSXV.

Mawson Resources Limited

Mariana Bermudez- Corporate Secretary

1305 - 1090 West Georgia Street
Vancouver, BC V6E 3V7 Canada

Tel: +1 (604) 699 0202
Fax: +1 (604) 683 1585
Email: [email protected] or [email protected] 

 

Mawson Oy Suomi (Finland)

Noora RaasakkaNoora Raasakka:Environmental Leader
Ahjotie 7, 96320 Rovaniemi,
Finland

Tel: +358505213515
Email: [email protected]