MAWSON STAKES THREE (3) HIGH GRADE AND NEAR SURFACE SANDSTONE-HOSTED URANIUM PROSPECTS IN CENTRAL SWEDEN
The prospects are located within fifteen kilometres of each and are held by three 100% owned permit applications which total 4,374 hectares. Historic exploration highlights include: Åviken 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); Sölvbäcktjärn 1.55 m @ 2.38% eU3O8 from 8.35m (drill hole SOL75008); Tossåssjön 18 mineralized outcrops over 1.6 km strike length, 392 uranium mineralized boulders, never drilled. The three (3) prospects together are known as“the Kapell Project”.
States Michael Hudson, Mawson President & CEO:“The Kapell project offers a new and attractive style of uranium mineralization for Mawson in Sweden and complements the Company's extensive uranium portfolio in Scandinavia. Sandstone hosted systems can form large, good grade and metallurgically amenable orebodies. At Kapell high grade mineralization over 1% U3O8 has been discovered near surface at all three project areas, which lie within 15 kilometres of each other. Further geological mapping, scintillometer surveying and ground magnetics will be undertaken during this summer before drill testing. The prospects remain open in all directions and form high merit exploration targets.”
View Mawson News Release
As we stated at the end of May, we expected “still more excitement From Mawson”! Well, Mawson's management certainly is once again adding hot projects to their already stellar portfolio. We suggest to start informing YOUR friends about this one because - - at once - - when we least expect it - - this Mawson Train will be leaving the station and those investors on board when it departs will be in for an exciting ride. We look forward to more and more from Mawson this summer therefore - - we suggest - - Stay Closely Tuned!!!
Nick L. Nicolaas Mining Interactive
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