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Mawson Resources Ltd. (TSX: MAW) Feature Company

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The company has a regional-scale gold-cobalt discovery on a large, over 16,000 hectare, 100% owned land package in northern Finland – noted by the Fraser Institute’s Mining Companies Survey as the top jurisdiction in the world for investment.

Additional Information:

Company: Mawson Resources Ltd.
Website: http://www.mawsonresources.com
Stock Symbol: TSX: MAW
Date Published: Nov 14, 2018
Transcript: Available

Video Transcript:

I’m Samantha Deutscher for InvestmentPitch Media

Today’s feature company is Mawson Resources Ltd., a Canadian resource exploration company backed by strong management with multiple proven successes.

News flow should be substantial with the company fully funded with 2 drill programs underway, one on their flagship in Finland – one on the newly acquired ground in the western US.

The company has a regional-scale gold-cobalt discovery on a large, over 16,000 hectare, 100% owned land package in northern Finland – noted by the Fraser Institute’s Mining Companies Survey as the top jurisdiction in the world for investment.

Some highlight results from the recent 16,000 kilometer winter drill drill program include:
• 33.6 meters @ 9.7 grams per tonne gold equivalent from 244 meters
• 20.7 meters @ 5.6 grams per tonne gold equivalent from 365 meters

The company has started a 2,500 meter drill program for Q4 with plans for an additional 15,000 meter resource expansion drill program in early 2019 with a maiden resource underway.

While the operational focus remains on the flagship project in Finland, Mawson recently optioned a large, 150,000 hectares, epithermal gold project in the Western Cascade Ranges of Oregon.

The project lies adjacent to a 19th century gold rush area, with placer mining still occurring on the optioned area.

The company has defined three gold prospects for immediate follow-up and has commenced a reconnaissance 2,000 meter diamond drill program at the Scorpion and Huckleberry prospects.

Michael Hudson, CEO, commented: "Mawson is always on the lookout for high-quality projects in attractive jurisdictions that complement our exploration in Finland. The WUSA project is certainly one of these projects, presenting a unique opportunity to explore one of the largest contiguous gold-prospective areas in mainland USA. The project has escaped significant modern exploration, as it has sat behind locked gates for the last 150 years, and now delivers Mawson a new epithermal exploration frontier in a first-world country. Should significant gold be found in the upcoming drill program, we will review the opportunities for a joint venture, strategic alliance or corporate transaction to create optionality and further value for shareholders."

The shares are currently trading at about $0.24.

For more information, please visit the company’s website, www.mawsonresources.com, contact Mariana Bermudez, Corporate Secretary, at 604-685-9316 or email info@mawsonresources.com

I’m Samantha Deutscher for InvestmentPitch Media