Mawson Resources Ltd. (TSX: MAW, Frankfurt: MRY) – NI43-101 Inferred Resource for Nuottijarvi, Finland Project; Alto Quemado Option Agreement Acquisition Completed

Fundamental Research Corp. | October 21, 2010 | 12:53 pm

Investment Highlights

An initial NI43-101 compliant inferred resource has been issued for the Nuottijärvi uranium project in Finland: Inferred, 0.03% lower cut-off: 2.0 million tonnes averaging 0.074% U3O8 for 3.27 million lbs.
Alto Quemado project acquisition update: The company has executed an agreement to acquire 100% of the stock of Altynor Peru SAC, the company which holds the option agreement to acquire 100% of the Alto Quemado mining rights.
44 grab samples taken from marginal to mineralized structures at Rompas averaged 67.7 g/t gold and 0.42% uranium.