Mawson Commences Gradient Array Survey at Rajapalot GOLD Project, Finland
1305 – 1090 West Georgia Street, Vancouver, BC, V6E 3V7
Phone: +1 604 685 9316 / Fax: +1 604 683 1585
NEWS RELEASE April 26, 2018
MAWSON COMMENCES GRADIENT ARRAY SURVEY AT RAJAPALOT GOLD PROJECT, FINLAND
Vancouver, Canada – Mawson Resources Limite d (“Mawson”) or (the “Company”) (TSX:MAW)
(Frankfurt:MXR) (PINKSHEETS: MWSNF) announces the commencement of an induced polarization (“IP”)
geophysical survey within the Kairamaat 2/3 permit area, at the company’s 100% owned Rajapalot gold project in
northern Finland.
Key Points:
Given the success of the winter diamond drilling program at Rajapalot, which identified gold mineralization beyond
the limits of geophysical data, a geophysical crew has been mobilized to extend IP coverage of the area;
Due to the association of sulphide minerals with gold mi neralization at Rajapalot, IP is a valuable mapping tool
especially when used in combination with ground magnet ics and airborne electromagnetics. IP provides the
potential to directly identify gold-bearing host rocks under the thin glacial soil that covers 99% of the prospect area;
A total of 29-line kilometres of gradient array IP and resistivity data will be collected along lines spaced at 50 metres
in the southern part of the Kairamaat 2/3 permit area;
The winter diamond drill program has now ended with a total of 16,204 metres completed in 75 drill holes across
four exploration permit areas. Diamond drilling is planne d to restart during the 2018 summer at Hirvimaa, Männistö
and Raja exploration permit areas.
Mr. Hudson, Chairman and CEO, states, "At Rajapalot we have demonstrated that the gold-bearing rocks coincide with
predictable electrical and magnetic geophysical responses, allo wing direct targeting beneath thin glacial soil that covers
99% of the prospect area. This new ground electrical su rvey in the Kairamaat 2/3 exploration permit will allow for
identification of drill targets beyond the limits of geophysical coverage for testing in upcoming drill programs.”
Gradient array IP geophysical surveys can be used to accura tely identify both disseminated sulphide minerals (where the
surface area of sulphides may produce a chargeable electric al response) and electrically co nductive features. Mawson’s
experience at the Rajapalot project indicates that gold minera lized rocks contain enough sulphide minerals to form both
chargeable and conductive responses.
In other news, the winter diamond drill program has now ende d with the commencement of the spring melt. A total of
16,204 metres for 75 drill holes was complete d across four exploration permit area s (Männistö, Kairamaat 2/3, Hirvimaa
and Raja). Reporting of assays from 14 ho les have been made and results will continue over the coming months as they
become available. Drilling is scheduled to restart during the 2018 summer at Hirvimaa, Männistö and Raja exploration
permit areas.
Technical and Environmental Background
The IP-resistivity survey is being conducte d by two personnel from GeoVista AB (based in Luleå, Sweden). Line orientations for this
program are matched with prior survey parame ters. Post-collection processing and inversio ns of the data will be undertaken by D r
Hans Thunehed of GeoVista AB.
The qualified person for Mawson's Finnish projects, Dr. Nick Cook , President for Mawson and Fellow of the Australasian Institut e of
Mining Metallurgy has reviewed and verified the contents of this release.
About Mawson Resources Limited (TSX:MAW, FRANKFURT:MXR, PINKSHEETS:MWSNF)
Mawson Resources Limited is an exploration and development company. Mawson ha s distinguished itself as a leading Nordic Arctic
exploration company with a focus on the flagship Rompas and Rajapalot gold projects in Finland.
2
On behalf of the Board,
"Michael Hudson"
Michael Hudson, Chairman & CEO
Further Information
www.mawsonresources.com
1305 – 1090 West Georgia St., Vancouver, BC, V6E 3V7
Mariana Bermudez (Canada), Corporate Secretary, +1 (604) 685 9316,
Forward-Looking Statement
This news release contains forward-looking statements or forward-looking information within the meaning of applicable securitie s laws (collectively,
"forward-looking statements"). All statements herein, other than statements of historical fact, are forward-looking statements. Although Mawson
believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Forwar d-looking statements are
typically identified by words such as: believe, expect, anticipa te, intend, estimate, postulate, and similar expressions, or ar e those, which, by their
nature, refer to future events. Mawson cautions investors that any forward-looking statements are not guarantees of future resu lts or performance, and
that actual results may differ materially from those in forward-looking statements as a result of various factors, including, b ut not limited to, capital and
other costs varying significantly from estimates, changes in worl d metal markets, changes in equi ty markets, planned drill prog rams and results varying
from expectations, delays in obtaining results, equipment fail ure, unexpected geological conditions, local community relations, dealings with non-
governmental organizations, delays in operations due to permit grants, environmental and safety risks, and other risks and uncertainties disclosed under
the heading "Risk Factors" in Mawson's most recent Annual Information Form filed on www.sedar.com. Any forward-looking statement speaks only as of
the date on which it is made and, except as may be required by applicable securities laws, Mawson disclaims any intent or oblig ation to update any
forward-looking statement, whether as a result of new information, future events or results or otherwise.
3
Figure 1: Extension of IP geophysical coverage, prospects and key diamond drill results and extension to gradient array IP survey area at Rajapalot.