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Mawson Resources Ltd (PK)

Mawson Resources Ltd (PK) (MWSNF)

0.74495
0.0273
(3.80%)
Closed November 23 4:00PM

Empower your portfolio: Real-time discussions and actionable trading ideas.

Key stats and details

Current Price
0.74495
Bid
0.62
Ask
0.7509
Volume
39,613
0.71 Day's Range 0.7455
0.189 52 Week Range 0.8555
Market Cap
Previous Close
0.71765
Open
0.7401
Last Trade
2000
@
0.74495
Last Trade Time
Financial Volume
$ 28,776
VWAP
0.726429
Average Volume (3m)
136,256
Shares Outstanding
305,195,320
Dividend Yield
-
PE Ratio
-7.17
Earnings Per Share (EPS)
-0.14
Revenue
-
Net Profit
-43.82M

About Mawson Resources Ltd (PK)

Sector
Miscellaneous Metal Ores,nec
Industry
Miscellaneous Metal Ores,nec
Website
Headquarters
Vancouver, British Columbia, Can
Founded
-
Mawson Resources Ltd (PK) is listed in the Miscellaneous Metal Ores sector of the OTCMarkets with ticker MWSNF. The last closing price for Mawson Resources (PK) was $0.72. Over the last year, Mawson Resources (PK) shares have traded in a share price range of $ 0.189 to $ 0.8555.

Mawson Resources (PK) currently has 305,195,320 shares outstanding. The market capitalization of Mawson Resources (PK) is $219.02 million. Mawson Resources (PK) has a price to earnings ratio (PE ratio) of -7.17.

MWSNF Latest News

Mawson Maintains Momentum in Finland

Mawson Maintains Momentum in Finland VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jun 26, 2014) - Mawson Resources Limited ("Mawson") or (the "Company") (TSX:MAW)(FRANKFURT:MXR)(PINKSHEETS:MWSN...

Mawson Drill Results From Hirvimaa Prospect, Finland

Mawson Drill Results From Hirvimaa Prospect, Finland VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jun 4, 2014) - Mawson Resources Limited ("Mawson") or (the "Company...

Mawson Mobilizes Additional Drill Rig to Rajapalot Gold Prospect, Finland

Mawson Mobilizes Additional Drill Rig to Rajapalot Gold Prospect, Finland VANCOUVER, BRITISH COLUMBIA--(Marketwired - Apr 24, 2014) - Mawson Resources Limited ("Mawson") or (the "Company...

Mawson Commences Drilling at the Rajapalot Gold Prospect, Finland

Mawson Commences Drilling at the Rajapalot Gold Prospect, Finland VANCOUVER, BRITISH COLUMBIA--(Marketwired - Mar 25, 2014) - Mawson Resources Limited ("Mawson") or (the "Company...

Mawson Reports Results from Geophysical Surveys at Rajapalot, Finland

Mawson Reports Results from Geophysical Surveys at Rajapalot, Finland VANCOUVER, BRITISH COLUMBIA--(Marketwired - Mar 3, 2014) - Mawson Resources Limited ("Mawson") or (the "Company...

Mawson Continues to Expand Mineralization Along Trend at Rajapalot, Finland

Mawson Continues to Expand Mineralization Along Trend at Rajapalot, Finland Grab samples up to 3,220 g/t gold and 27.4% U3O8 VANCOUVER, BRITISH COLUMBIA--(Marketwired - Feb 18, 2014...

Mawson Intersects 19.0 Metres at 2.3 g/t Gold at Palokas, Finland

Mawson Intersects 19.0 Metres at 2.3 g/t Gold at Palokas, Finland VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan 20, 2014) - Mawson Resources Limited ("Mawson") or (the "Company...

Mawson Announces Results of Annual General Meeting of Shareholders

Mawson Announces Results of Annual General Meeting of Shareholders VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan 20, 2014) - Mawson Resources Limited ("Mawson") or (the "Company...

Mawson Commences Geophysical Survey at Rompas, Finland

Mawson Commences Geophysical Survey at Rompas, Finland VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec 9, 2013) - Mawson Resources Limited ("Mawson") or (the "Company...

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
10.0870513.2314941480.65790.74550.6525616800.68486013CS
4-0.10475-12.32788042840.84970.84970.64814400.7590797CS
120.044956.421428571430.70.85550.5821362560.74001454CS
260.1844532.9081177520.56050.85550.384151357970.66535087CS
520.51195219.7210300430.2330.85550.189946040.59568097CS
1560.61275463.5022692890.13220.85550.0723723150.34550673CS
2600.62995547.7826086960.1150.85550.0723641560.31626482CS

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MWSNF Discussion

View Posts
Kaseymoe Kaseymoe 4 months ago
Major NEWS...Mawson to become Southern Cross and divest of other properties.

https://www.mining-technology.com/news/mawson-sia-southern-cross/

and another article on the restructureing

https://www.wkrn.com/business/press-releases/accesswire/894594/mawson-announces-signing-of-scheme-implementation-agreement-with-southern-cross-gold/

I see the Swedish propertiers are to be spun off - i don't read anything of heritage site in Finlans, Rompas/Rajaplot = is that decades long work to be abandoned and mothballed. Millons spent on that - never a resourse estimate. Personaly disappointing at that's where I came in. I see Michael Hudson survives but the Mawson Board is sent packing.

.
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Kaseymoe Kaseymoe 9 months ago
Rise in share prices has sustained itself to move well above the 50 and 200 day moving averages. RSI now 77 and in "Overbought" arena and about equals the 5 year high set in Aug 2020. In past five years every time the RSI has spiked above 70 a substantial drop occurs and usually back to RSI 30 for another BUY signal.
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Kaseymoe Kaseymoe 11 months ago
From the recent press release: " The Mawson Shares will be delisted from the Toronto Stock Exchange at the close of trading on January 3, 2024, and trading on the TSXV will commence at market open on January 4, 2024, under the symbol "MAW". "

No explanation was given for this downlisting of Mawson shares. Usually it's because the market cap has fallen below TSX listing requirments . It can also be for less rigorous reporting standards for the stock. With the breakup of Mawson into 3 components it may be the market cap for the core MAW component is below reporting standards for TSX. Haven't confirmed that speculation.
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Kaseymoe Kaseymoe 11 months ago
Dec 21st, 2023 press release confirming breakup of Mawson Gold into three parts.

https://www.accesswire.com/819089/mawson-announces-listing-on-tsx-venture-exchange-and-corporate-update

How long have we nursed the Rajaplot project along only to see it no longer under the Mawson flag? I am unsure how shareholders fare under this announcement. Also Southercross is being spun off and if anyone can describe the transaction in section two of the press release you're doing good. No idea how the proceeds will be distributed to MWSNF shareholders.

Seems Mawson Gold will become a Swedish gold and uranium play - after years and millions spent in Finlnd's arctic region.

I don't have a feeling shareholders have been protected or the motivation explained for these moves.
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Kaseymoe Kaseymoe 1 year ago
Major change -- a break up of Mawson Gold into three parts.

https://www.digitaljournal.com/pr/news/accesswire/mawson-announces-restructuring-plan-to-split-into-three-separate-companies-to-unlock-shareholder-value

It'll take a second and third reading to digest this and I hope some independent analysis is forthcoming. Share price reaction will be one indication of how it's received.

To mark the share price when this was announced - at 12 noon Central Daylight Time [Oct 31, 2023] in the US the MWSNF share price was 0.262 up 2.49% and MAW on the TSX was 0.36 CDN up 2.9%.

Any statment that begins with "To unlock shareholder value" is of concern. "Pleased to announce" is another worrisome phrase.

The release included this proviso:
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES.

So please don't read this in whole or in part if you are in the USA.




It will take a second and third read to digest this breakup of Mawson into three parts - it more or less confirms the loss of interest in the flaship Rajaplot Rompas projct which has received few updates and no timeline to decion on going to production. A lot f time and money has been spend in the Arctic - is this the end game and what's the value received for the expenditure .

Interested to hear any opinions
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Kaseymoe Kaseymoe 1 year ago
Drilling now indicates 8 km mineralised footprint at Sunday Creek.

Svrl highgrade AU drill intercepts.

Sunday Creek seems to have eclipsed the Finnish project.


https://mawsongold.com/news-releases/sunday-creek-mineralised-footprint-extended-to-8-km-and-remains-open/
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Kaseymoe Kaseymoe 1 year ago
https://www.benzinga.com/pressreleases/23/07/ac33112413/mawsons-subsidiary-sxg-intersects-0-6-m-161-6-gt-aueq-87-6-gt-au-46-8-sb-from-new-vein-at-sunday-

Noora Ahola, Mawson Interim CEO, states: "These high-grade antimony and gold results are again a remarkable indication of what's still to be discovered at Sunday Creek Project. Hole by hole the project is developing for SXG into a significant project, which adds significantly to Mawson's underlying value."
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Kaseymoe Kaseymoe 1 year ago
Sunday Creek drill results - over 20 oz/T AU equivalent over a decent interval - ten meters.

https://www.juniorminingnetwork.com/junior-miner-news/press-releases/846-tsx/maw/142540-mawson-s-subsidiary-sxg-intersects-third-best-hole-10-4-m-22-4-g-t-aueq-at-sunday-creek-victoria-australia.html

When will Rompas/Rajaplot come to a yes/no decision on economic resource? They have spent millions but not yet assured me it's economic as far as I can ell. Emphasis seems to have shifted to Sunday Creek subsidiary. Would hate to see Finnish efforts mothballed after years and millions spent in exploration.

At one time there were estimates of a production year but those hopeful forecasts disappeared from the Corp presentations long ago.
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Kaseymoe Kaseymoe 2 years ago
Short interval of 249 g/t gold from step out drllling at Sunday Creek project in Australia.

Mr. Michael Hudson reports:

VANCOUVER, BC / ACCESSWIRE / March 30, 2023 / Mawson Gold Limited ("Mawson" or the "Company") (TSX:MAW) (FRANKFURT:MXR) (OTC PINK:MWSNF) announces results from six further drill holes (SDDSC056-58, 61, 63 and 65) at the Sunday Creek Project in Victoria (Figure 1). Sunday Creek is 100% owned by Southern Cross Gold ("SXG"), which is an ASX listed company owned 51% by Mawson. Four rigs continue to drill both in the main drill area and up to 7.5 km along strike at the Tonstal prospect with 13 holes being processed and analyzed or in progress. Mineralization now extends in the main drill area over 1,350 m from Christina in the far west to SDDSC063.

Noora Ahola, Mawson Interim CEO, states : "We are pleased with the expansive drill campaign being undertaken by SXG at Sunday Creek that is bearing great results. SDDSC061 is the second deepest hole at the property and a 270 m step out below the Rising Sun shoot that intersected 0.3 m @ 249.5 g/t Au within a broader interval and encouragingly sees the system transitioning at depth, with visible gold, in a similar manner to what is observed at other epizonal deposits that are in production in Victoria.

"Also exciting is SDDSC063 that has again extended the mineralized zone to the east of Apollo by a further 200 m with grades of up to 12.2 g/t Au and 3.2% Sb from 26.2 m and beneath a surface trench that previously returned 8.0 m @ 19.6 g/t Au and 0.4% Sb (true width 3 m).

"SXG has successfully increased the size of its main drill area to 1,350 m along strike and 800 m to depth and with the recently mobilized fourth rig at the Tonstal prospect around 7.5 km to the north-east of the main drill area, we expect known mineralization to increase further still at Sunday Creek."

Results Discussion

The Sunday Creek epizonal-style gold project is located 60 km north of Melbourne within 19,365 hectares of granted exploration tenements. SXG is also the freehold landholder of 133 hectares that forms the key portion in and around the drilled area at the Sunday Creek Project.

Sunday Creek has an 11 km mineralized trend that extends beyond the main drill area and is defined by historic workings and soil sampling which is being drill tested for the very first time with the fourth drill rig which mobilized to site just over a week ago.

Full press release: https://www.juniorminingnetwork.com/junior-miner-news/press-releases/846-tsx/maw/138747-mawson-s-subsidiary-sxg-reports-249-5-g-t-gold-over-0-3-metres-in-270-metre-step-out-at-sunday-creek-victoria-australia.html


When will Mawson get to a point of providing a time line to decision on feasibility at Rajaplot? Many years and millions spent there and the horizon to production is still just vaguely "out there". Finland now a member of NATO - that's good for Finland, NATO and Mawson
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Kaseymoe Kaseymoe 2 years ago
Management change at the top- current CEO,Ivan Fairhold, out and new interim CEO, Ms. Noora Ahola appointed to fill the slot.

Details via company press release.

https://mawsongold.com/news-releases/mawson-announces-ceo-and-director-resignation-and-appointment-of-interim-ceo/

Such things always worded in very polite language so the interested shareholder can tell nothing of the motivation between the resignation and appointment. If this moves things along in Finland I'm for it. The journey with Mawson's Finnish operation stretches many years backward and totally unknown timing in the future. The Australian operations are closer at hand and may produce the revenue to further the Arctic project.

Best to Ms. Ahola - out fate is not in her hands. I like the fact she has long experience with the Rajaplot operation. Just read that Finnish people are the happiest on earth. A good place to chill and prospect for gold and cobalt.

Want another unique project? Niocorp has just moved from OTC to NASDAQ and is still seeking funding for its triple deligeth project in Nebraska USA - Niobium, Scandium, Titanium and three rare earths. New symbol on NASDAQ is NB. That can stand for Niobium - the chemical symbol or Nebraska - the postal abbreviation.
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Kaseymoe Kaseymoe 2 years ago
An AI created article but will take anything favorable . This cites share price moving above the 50 day moving average.

https://reporter.am/2023/02/09/mawson-gold-tsemaw-stock-passes-above-50-day-moving-average-of-0-22.html
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Kaseymoe Kaseymoe 2 years ago
Another interview - this with Commodity TV host Jochin Staiger interviewing Mawson CEO Ivan Fairhall. Twelve minutes. First topic is the mag survey findings from Rompan-Rajaplot. Also discussed - new Board member and Southern Cross in Australia.

How long can the good news continue without reaction in share price? . Need to get back to the .30 to .40 USD range and move up from there.

https://www.commodity-tv.com/play/mawson-gold-ceo-insight-on-importance-of-magnetic-survey-pea-coming-in-october-2022/

Host Staiger emphasized that the Mawson market cap is covered by the value in Southern Cross alone. Same point was made in the earlier interview with Gerardo del Real.

Some biographical material on Ivan Fairhall:

Mr. Fairhall is a chartered engineer and mine finance professional with over 15 years of mining industry experience. Most recently he was a Senior Investment Manager at Greenstone Resources, a London based mining private equity fund of US$500m AUM, investing in development stage companies with robust projects that can be funded through to production standalone. Ivan was integral in sourcing, executing and managing a portfolio of Greenstone's investments, which covered the base, precious and bulk commodities across a global mandate. Ivan represented Greenstone both on public company boards and on project level steering groups. Previously he worked in design, construction and commissioning roles, and has considerable experience managing pre-development studies across the commodity and geographic spectrum.
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Kaseymoe Kaseymoe 2 years ago
Strong interview with CEO Ivan Fairhall and Geraldo del Real of "Resource Stock Digest" where he described Sunday Creek as a "free" asset for Mawson Gold - meaning the value of Sunday Creek alone is equal to the current share price. Buy Mawson for the Finnish project and get Sunday Creek as a bonus with valuation to show up soon in share price. The recent drill results are highlighted.

The link and the whole interview provided in video and text form .

https://resourcestockdigest.com/interviews/mawson-gold-tsx-mawotc-mwsnf-ceo-ivan-fairhall-on-one-of-the-most-undervalued-gold-plays-in-the-space/

The concluding comments after CEO had discussed both Sunday Creek and Rajaplot District:

Gerardo Del Real: {doing the interview} Free gold, free cobalt, exposure to one of the most exciting gold discoveries in Australia. If that doesn't make the case, I don't know what does, folks. I joke about buying winter coats in the summertime. If you're going to be a contrarian in the space, which is how I've been fortunate enough to make the bulk of my money, you have to buy when no one cares. Again, I don't think I can present a more compelling case. Ivan, thank you for your time. Anything to add to that, sir?

Ivan Fairhall: No, I think we've covered it. There's a lot going on, and that's a really great time for people to be taking a lot a look at Mawson.
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Kaseymoe Kaseymoe 2 years ago
Today's run up probably relates to yesterday's (Aug 10th, 2022) press report of wide and decent intercept at Sunday Creek-

At 11 am CDT Thursday , Aug 11th, MWSNF up 24% to 0.1233. -- not a great share price for a stock that traded between 0.25 and 0.35. two years ago. I have pared down to a minimal holding. Be glad to see it become successful in either or both countries, Finland or Australia. But even $.50 a share won't impact me by much given meager holdings at present.

Time to buy back in or continue to watch and wait? Have been watching and waiting since the play was in Sweden only. Like the "story" but it's time to read of a path to production in the Rajaplot District. Company charts are not even showing "production" anymore - formerly they did make a forecast but for years well in the past. it's been a very long march but exploration money continues to be available.

New corporate presentation dated Aug 2022

https://mawsongold.com/assets/docs/presentations/220810-Mawson-Presentation-.pdf

Mawson is 68% owned by institutions, corporations and insiders. The Corp owners include huge Newmont -glad to see that show of interest. Sprott is one of the institutional owners and insiders own 2.7%.
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Kaseymoe Kaseymoe 2 years ago
Sunday Creek drill results - Australian gold project

https://www.yahoo.com/lifestyle/mawsons-subsidiary-sxg-drills-42-175700810.html

Ivan Fairhall, Mawson CEO, states: "Sunday Creek continues to deliver for its shareholders, of which Mawson is its largest. These results demonstrate the continuity of widths and grade in the Apollo shoot around the earlier spectacular result in SDSC0033.


This following segment seem like pretty old as it references a year old document.

"Details of Mawson's Inferred Mineral Resource at Rajaplot Finland can be read in the Company's news release dated August 26, 2021." Lots of drilling with no new estimated resource.
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Kaseymoe Kaseymoe 2 years ago
Good run up in Mawson shares over past week. Friday's close 0.10 US- MWSNF OTC up from 0.0761 Aug 1st. Article link from "ETF Daily News" on Mawson, MAW TSX and MWSNF OTC.

https://www.etfdailynews.com/2022/08/06/mawson-gold-tsemaw-stock-price-up-22-7/

There is really nothing to the article - but good to get any mention on the upside.
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Kaseymoe Kaseymoe 2 years ago
Survey says... strong national and local support for mining industry.

https://www.juniorminingnetwork.com/junior-miner-news/press-releases/846-tsx/maw/125011-mawson-reports-strong-pro-mining-sentiment-in-finnish-social-survey.html
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Kaseymoe Kaseymoe 2 years ago
More on Southern Cross' strong gold intercept. Coud Souther Cross ecllipse Rajaplot? I don't think so but it's generating more news currently and may be earler to production being in an easier locale.

https://www.northernminer.com/fast-news/mawson-gold-rises-on-high-grade-intersection-at-sunday-creek-in-australia/1003842175/
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Kaseymoe Kaseymoe 2 years ago
MAW - Mawson on the TSX up 44% to 0.195 CDN today, Monday May 29th. Holiday closing on the US OTC. 2.9 million shares traded on TSX. .

Now to get back to where it belongs ( 0.30 to 0.40 range OTC )the rest of this week.

Market liked the strong intercepts noted from the Southern Cross gold project. Now to get some action based on Cobalt and Gold in Finland.
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Kaseymoe Kaseymoe 3 years ago
Mawson Gold's Subsidiary Southern Cross completes IPO and is on AustralianStock Exchange

https://www.marketscreener.com/quote/stock/MAWSON-GOLD-LIMITED-1410731/news/Mawson-s-Subsidiary-Southern-Cross-Gold-Lists-on-the-ASX-40467704/

The text:

reports that its majority-owned Australian subsidiary, Southern Cross Gold Ltd ('SXG'), has announced it has closed its initial public offering ('IPO').

Its common shares commenced trading on the Australian Securities Exchange ('ASX') on the 16th of May, 2022.

Takeaways for Mawson Shareholders

SXG has raised A$9.1 million in its IPO, bringing total raised since January 2022 to A$11.8 million

SXG Market capitalization of A$32 million (A$19.2 million for Mawson's 60.3% interest) based on the end of its first day of trading closing price of A$0.205 per share

SXG will focus exploration at Sunday Creek

10 new drill holes have now been sent for assay with results to flow as they are received

Previously reported highlight drill intersections included 21.7 metres @ 4.7g/t gold and 1.0% antimony, and 3.0 metres @ 41.4g/t gold and 12.0% antimony

Strong support of the IPO is an endorsement of SXG's Australian projects and strengthens the asset base of Mawson.

SXG has its own management team, self-funding capability and access to additional capital through its listing on the ASX.

Ivan Fairhall, Mawson CEO, states: 'This successful IPO clearly demonstrates the value created for Mawson shareholders, through careful project identification, skilled exploration effort, and considered capital markets strategizing. The C$17.2 million market cap of our SXG stake equates to over half of Mawson's total market capitalization today, and this helps us shine a light on the value upside potential of our million-ounce gold equivalent inferred resource in Finland - to be articulated with our in-progress PEA and ongoing exploration efforts at Rajapalot and Skelleftea North.

SXG is now well funded for future success in exploring its exciting new discovery portfolio, and Mawson is very pleased to maintain a strategic stake in this business. On behalf of the Board of Mawson, I thank the SXG team for its hard work and congratulate them on this significant achievement.'

About Mawson Gold Limited (TSX:MAW, FRANKFURT:MXR, OTCPINK:MWSNF)

Mawson Gold Limited is an exploration and development company with its flagship Rajapalot gold-cobalt project in Finland now entering technical de-risking stages. Alongside ongoing exploration at Rajapalot, Mawson holds an option to earn up to 85% in the Skelleftea Gold Project in Sweden. Mawson also has a significant majority interest in the ownership or joint venture into three high-grade, historic epizonal goldfields covering 470 km-2 in Victoria, Australia, through Southern Cross Gold Ltd, which has successfully listed on the ASX. Mawson's 60.3% ownership interest in Southern Cross is escrowed until May 16, 2024.

About Southern Cross Gold Ltd (ASX:SXG)

Southern Cross Gold holds the 100%-owned Sunday Creek project in Victoria and Mt Isa project in Queensland, the Redcastle and Whroo joint ventures in Victoria, Australia, and a strategic 10% holding in the ASX listed Nagambie Resources Limited (ASX:NAG) which grants it a Right of First Refusal over a 3,300 square kilometre tenement package held by NAG in Victoria.
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Kaseymoe Kaseymoe 3 years ago
https://www.juniorminingnetwork.com/junior-miner-news/press-releases/846-tsx/maw/120869-mawson-nordic-drill-program-update.html

Swedish drill program begins. For first time Mawson expresses a rathet muted description of the flagship Rajaplot project. Candor is welcome but rare in mining.

When will Mawson move from a long term drilling outfit to a long term production outfit? Still appears to be years In the future. At age 77 I may not be here to see it.
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Kaseymoe Kaseymoe 3 years ago
Article on the need for critical minerals and cobalt s certainly critical to electric vehicles. A European source looms very attractive as attention on child labor in the DR Congo receives more attention.

https://www.energypolicy.columbia.edu/research/commentary/supply-critical-minerals-amid-russia-ukraine-crisis-and-possible-sanctions
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Kaseymoe Kaseymoe 3 years ago
Michael Hudson doing an April 8, 2022 interview on the Australian gold project, Southern Cross, being spun off by Mawson via an IPO on the Australian stock mkt.



Michael discusses the very favorable drill results. Using a Newmont metric as standard for a sig discovery the new drilling shows at about 3x the standard. Nineteen minutes, no discussion of the Rajaplot project in Finland. Mawson will be 58% owner of the new company if the IPO suceeds.
👍️0
Kaseymoe Kaseymoe 3 years ago
Market liked this press release - Share price up 8% today, Wednesday,4-6-22, when most tech and OTC stocks are down - some quite sharply.

MWSNF .1173 at 2 40 pm CDT Wededsay. Share price still has a lot of ground to make up.

MAW 0.12

👍️0
Kaseymoe Kaseymoe 3 years ago
Mawson seeks funding for Aussie spin-out
TSX-listed Mawson Gold has followed through on its plans to spin-out its Australian assets onto the Australian Securities Exchange in order to focus on its Scandinavian interests, including its flagship Rajapalot gold-cobalt project in Finland.

https://www.miningnews.net/capital-markets/news/1429870/mawson-seeks-funding-for-aussie-spin-out

from the article:

The Vancouver-based Mawson is looking to raise A$8-10 million at 20c to set Southern Cross Gold free, topping up a starting $2.2 million cash position.

The company isn't looking towards the Southern Cross goldfields in the west, but to the east, where its primary focus is on its 100%-owned Sunday Creek tenements in Victoria.

It also has the Redcastle and Whroo joint ventures where it is earning 70% from Nagambie Resources, in which it owns 10%, a first right of refusal over 3300sq.km tenement package held by Nagambie, all in Victoria, and tenure in Queensland's polymetallic Mt Isa region.


The company has spent around $6 million to date, but with its gaze increasingly focused on the Northern Lights of the Arctic circle, it has decided its tenure under the Southern Cross needs a dedicated focus.
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What to read into that move? Do one thing well might apply here.
Not sure what it implies for Rajaplot/Rompas. Focus is on them then it's on Aussie Gold then back to Finland.

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Is anybody here?? Is there another more active Board for Mawson?




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Kaseymoe Kaseymoe 3 years ago
Long journey but Mawson is about to begin seriously quantifying the resource at hand and do a Preliminary Economic Assessment for the Rajaplot gold and Cobalt project.

https://www.mining.com/mawson-begins-initial-pea-on-gold-cobalt-project-in-finland

from the article in mining.com:

The study will be based on an inferred mineral resource estimated at 1.04 million oz. of gold-equivalent, contained within 10.9 million tonnes averaging 2.5 g/t gold and 443 ppm cobalt (3 g/t gold-equivalent).
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Kaseymoe Kaseymoe 3 years ago
https://www.juniorminingnetwork.com/junior-miner-news/press-releases/846-tsx/maw/117152-mawson-drills-5-6-metres-10-0-g-t-aueq-in-deepest-hole-at-sunday-creek-victoria-australia.html
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Kaseymoe Kaseymoe 3 years ago
Feb 22nd, 2022 press release with drill results from the Redcastle project in Australia with high grads over short intervals over several drill holes. One showing 9 grams per ton over 0.5 meters.


https://www.yahoo.com/now/mawson-redcastle-epizonal-gold-project-110000648.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAAMEQs2TWVhGlm7PgCZIhq4Kb5DDoYWQ5b3BS245t-w0Do9zcj8L8caX_HgZoz45UgDAihSCl4QuJN6ep1qXvmxc8M4sbya_9Il45QiPORsJ0-Dg00OHOVr_MqeuSyC-kWpZk0isBpo8g_196R1Xi2-9EkFWNFA8HH73i2jrJepT8
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Kaseymoe Kaseymoe 3 years ago

News of a partner, Nagambie, on the Australian gold project at the Balaclava Hill mine in Victoria

https://themarketherald.com.au/nagambie-resources-asxnag-jv-partners-delivers-encouraging-drill-results-2022-02-18/

The Finnish project is taking years to even come to a resource estimate.The Australia endeavors may outpace Rajaplot. Def an easier jurisdiction to operate inand closer to home.

From the article:

"Under the JV with Nagambie, Mawson Gold is earning up to a 60 or 70 per cent interest in the Whroo JV Property.

So far, it has spent $400,000 on exploration and paid NAG $100,000 for a zero per cent interest. To earn a 25 per cent interest, it will spend a further $500,000 on exploration and pay Nagambie another $50,000 in cash before December 2, 2022."

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Kaseymoe Kaseymoe 3 years ago
Mawson options up to 85% interest in Swedish gold project over ten years.

https://sports.yahoo.com/mawson-acquires-option-85-skelleftea-110000153.html

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Kaseymoe Kaseymoe 3 years ago
https://www.canadianminingjournal.com/news/mawson-receives-key-decisions-for-rajapalot-gold-cobalt-project-in-finland/

Key decision by the Lapland regional council is favorable for development of the Rajaplot-Rompas project. This could have been a stopper but but it gives green light to continued exploration .

Wish we'd sometime get a hint as to moving from exploration to actual mine construction and operation but company is very reticent about that after previously providing some vague guidance.

We do see a mention of a one million ounce gold equivalent resource divided between surface and underground mining. How the economics and mine life fall out - not sure. Has to be economic to proceed. Not all deposits are economic deposits.


Rajapalot 43-101 report at: www.MawsonGold.com.

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Kaseymoe Kaseymoe 3 years ago
Drilling results of high grade intercepts from Australian Sunday Creek Gold and Antimony project.


https://www.juniorminingnetwork.com/junior-miner-news/press-releases/846-tsx/maw/112264-mawson-drills-3-0-m-41-4-g-t-gold-and-12-0-antimony-within-11-7m-12-4-g-t-gold-and-3-6-antimony-in-deepest-hole-at-sunday-creek-victoria-australia.html
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Kaseymoe Kaseymoe 3 years ago
Funding from share offering nets 5.5 million to further exploration and general expenses.

https://www.juniorminingnetwork.com/junior-miner-news/press-releases/846-tsx/maw/112156-mawson-gold-closes-c-5-5-million-public-offering-of-common-shares.html

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Kaseymoe Kaseymoe 3 years ago
More on the divestiture:

https://finance.yahoo.com/news/mawson-plans-ipo-asx-gold-110000300.html


As I read it current Mawson shareholders will receive shares on the ASX of the new entity. Not so handy in my TDA acct where such shares will incur extra brokerage costs I believe.
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Kaseymoe Kaseymoe 3 years ago
Monday's trading - 11-29-21 MNWSN of 0.116 USD down 12.6% at 11 am CST

No joy in Mawson's corner today, Monday. Fallout from the market jitters over renewed COVID or reaction to divestiture of the Australian properties? Or something not yet generally know.

The chart shows twin peaks around 0.18 in both October and mid November but both peaks saw rapid returns to a base line around 14 cents and today a continued fall off to just under 12 cents. Bargain time or bailing time or holding time? For me holding time but I recall prices much higher than t his as a baseline. For a while the share price moved back and forth from 30 to 40 cents - either one looks good at current 12 cents.

Any assessing the divestiture of the Aussie Gold properties?

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Kaseymoe Kaseymoe 3 years ago
CEO Ivan Fairhall in video interview on Mawson's properties in Finland.

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Kaseymoe Kaseymoe 3 years ago
This is second time Mawson has divested from a holding to concentrate on the Finnish gold property. Abut six or eight years ago they spun off an operation in I believe Sweden and I received shares in another entity which I later sold Sounds like that will happen again - I hope at a profit to Mawson.

I found this document from 2012 which exlains the details - I was parlty right but more wrong than right. There was a uranium operation in Sweden but the spinoff was a Peruvian property renamed Darwin after the spin-off.

There's more but to me to bottom line is this long time of exploring Rompas - ten years now and drilling always leads to more drilling - the patience of Job is needed here and the corporate presentations no longer even hint as a construction and mining date -still 3 to 5 years or and indefinite "more" . I have myself divested of most of my Mawson holdings in favor of what I feel are projects closer to revenue.

Here's the link to the February 2012 document explaining the major events of that time period. "Everything old is new again." Spin-offan acquisition and concentrate anew on Rompas/Rajaplot and drill, drill, drill. Managers do well at keeping a few investment groups interested.

https://mawsongold.com/assets/docs/financials/MAWMDAFeb29-2012.pdf
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Kaseymoe Kaseymoe 3 years ago
Mawson to spin off Australian gold operations:

https://finance.yahoo.com/news/mawson-plans-ipo-asx-gold-110000300.html

From the press release...

Mawson Gold is pleased to announce that as a result of an internal strategic review of its asset portfolio, the Company has decided the optimal pathway to maximize shareholder value is to spin out its Australian assets into a new entity, Southern Cross Gold Pty Ltd. ("Southern Cross") via an Initial Public Offering ("IPO") for admission to the official list of ASX Limited ("ASX" or "Australian Stock Exchange"), which will allow the Company to focus on the development of its 100% owned Rajapalot gold-cobalt project in Finland and to expand its operations in that region (the "Spinout").

The proposed Spinout will establish Southern Cross as a new ASX-listed gold exploration company, with its own experienced board and management team. Southern Cross is an Australian-incorporated company and currently a wholly-owned subsidiary of Mawson.
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Mountainman5 Mountainman5 3 years ago
CAD 0,75 - Rohstoff-TV Germany!!!!!!!!!
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Kaseymoe Kaseymoe 3 years ago
https://www.juniorminingnetwork.com/junior-miner-news/press-releases/846-tsx/maw/110417-mawson-drilling-under-the-balaclava-open-pit-at-whroo-victoria-australia.html

Details of action in Australia with full account of the agreement that can lead to a 30/70 JV. That would happen in stages over several years with Mawson footing exploration expenses and making cash payments - pretty standard n the mining world.

Drill program also described and a couple of favorable intercepts of 6.1 and 5.3 g/ton so far. The Whroo agreement is with Nagambie Resources Limited.

Good accounts from two projects hemispheres apart. North vs South and East vs West. Finland and Australia. The revenue horizon is still years out but substantial gains in share price likely well before any construction based on a GO decision and financing to commence.
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Mountainman5 Mountainman5 3 years ago
WOWWWWWWWWWW - FRANKFURT - GERMANY - PLUS 35 %!!!!!!!!!!!!!
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Mountainman5 Mountainman5 3 years ago
YESSSSSSSSSSSSSSSSSSSSS WE ARE ON A FANTASTIC WAY!!!!!!!!!!!!!!!!!!
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Mountainman5 Mountainman5 3 years ago
NEWS FROM AUSTRALIA - WE START IN WHROO - VICTORIA - A FANTASTIC FAMOUS OLD GOLD AREA!!!!!!!!!!!!!!!
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Mountainman5 Mountainman5 3 years ago
CAD 2 UNTIL MARCH 2022!!!!!!!!!!!!!!!!!!??????????????????
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Mountainman5 Mountainman5 3 years ago
CAD 1 UNTIL CHRISTMAS!!!!!!!!!!!!!!!??????????????????
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Mountainman5 Mountainman5 3 years ago
1000 Bagger Report - very exciting times in the next months until June 2022!!!!!!!!!!!!!!!!!!!!!!!!!!!!
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Mountainman5 Mountainman5 3 years ago
Gold price $ 2.500,-- until Juni 2022!!!???
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Mountainman5 Mountainman5 3 years ago
10.000 % until 2030 with gold, cobalt, silver and more from Finland, Australia and America - my opinion!!!!!!!!!!!!!!
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Mountainman5 Mountainman5 3 years ago
Mawson Gold = huge ressources plus huge potential for the future!!!!!!!
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Kaseymoe Kaseymoe 3 years ago
https://www.juniorminingnetwork.com/junior-miner-news/press-releases/846-tsx/maw/110151-mawson-discovers-8-new-prospects-with-high-grade-boulders-up-to-546-g-t-gold-over-20-kms-in-finland.html

Sig news
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