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Drilling commences at Klappibacken uranium project in Sweden.

VANCOUVER, March 26 /PRNewswire-FirstCall/ -- Mawson Resources Limited ("Mawson") TSXv - MAW; Frankfurt - MRY. Michael Hudson, President & CEO, announces the commencement of drilling at the Klappibacken uranium project in northwestern Sweden. A 2,000-metre diamond drill program consisting of 12 drill holes from eight drill sites has been planned.

Uranium mineralization at Klappibacken is hosted within a fluorite-rich granite breccia from surface to at least 150 metres vertical depth. The breccia is approximately 70 metres thick and has been drilled to date over a strike length of 125 metres. Thirty-two drill holes for 3,951 metres were completed in the early 1980s by the Swedish Government. Better drill intersections included:
 - 53.1m for 0.16% U(3)O(8) from 30.2m in drill hole 84701, and
 - 42.7m for 0.11% U(3)O(8) from 2.8m in drilll hole 83705.




The deposit remains open along strike and at depth. A radon cap survey was completed in 2006. Radon caps measure the abundance of radon gas in soil, which is emitted as a daughter product during the natural decay of uranium. The exploration target defined as a result of this survey extends over two kilometers. This drill program will focus on extending the mineralization along strike and testing of the semi-regional radon cap anomalies.

Further information regarding the Klappibacken project may be found at http://www.mawsonresources.com/index.php?page=ProjectsKlap. The qualified person for the Klappibacken project, Mark Saxon, Director and Vice-President of Exploration for Mawson, and a member of the Australasian Institute of Mining and Metallurgy, has reviewed and verified the contents of this release.
 On behalf of the Board,

 "Michael Hudson"
 -------------------------------
 Michael Hudson, President & CEO




Forward Looking Statement. This news release contains certain "forward-looking" statements and information relating to the Company that are based on the beliefs of the Company's management as well as assumptions made by and information currently available to the Company's management. Such statements reflect the current risks, uncertainties and assumptions related to certain factors including, without limitations, competitive factors, general economic conditions, customer relations, relationships with vendors and strategic partners, the interest rate environment, governmental regulation and supervision, seasonality, technological change, changes in industry practices, and one-time events. Should any one or more of these risks or uncertainties materialize, or should any underlying assumptions prove incorrect, actual results may vary materially from those described herein. Neither the TSX Venture Exchange nor the Frankfurt Deutsche Borse have reviewed the information contained herein and, therefore, do not accept responsibility for the adequacy or accuracy of this news release.

CONTACT: Investor Information, http://www.mawsonresources.com/, 1305 - 1090 West Georgia St., Vancouver, BC, V6E 3V7; Company Contact: Mariana Bermudez, (604) 685-9316; Investor Relation Consultants - Mining Interactive, Nick Nicolaas (604) 657-4058, Wayne Melvin (604) 619-6327, Email: info@mawsonresources.com

CONTACT: Investor Information, http://www.mawsonresources.com/, 1305 - 1090 West Georgia St., Vancouver, BC, V6E 3V7; Company Contact: Mariana Bermudez, (604) 685-9316; Investor Relation Consultants - Mining Interactive, Nick Nicolaas (604) 657-4058, Wayne Melvin (604) 619-6327, Email: info@mawsonresources.com
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Publication:PR Newswire
Date:Mar 26, 2007
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