Drilling Commences at the Klappibacken Uranium Project in Sweden

Vancouver, Canada, November 26 (ots/PRNewswire) - Mawson Resources
Limited ("Mawson") TSXv - MAW; Frankfurt - MRY. Michael Hudson,
President & CEO, announces that drilling has commenced at the
Klappibacken uranium project in northwestern Sweden where a
4,000-metre diamond drill program has been planned for this winter.
Significant near-surface and high-grade uranium mineralization was
intersected by the Company in a drill program reported in June 2007.
The results indicated the strength of the uranium mineralized system
and the potential for a major uranium deposit at Klappibacken. Best
results, calculated with a lower cut-off of 200ppm U(3)O(8),
included:

KLADD0703 : 56 metres at 0.10% U(3)O(8) from 20 metres;
including 5 metres for 0.24% U(3)O(8) from 25 metres, and
including 24.7 metres for 0.12% U(3)O(8) from 46.3 metres;
KLADD0702 : 23.1 metres at 0.12% U(3)O(8) from 18.6 metres; and
8.6 metres at 0.10% U(3)O(8) from 51.5 metres;

Klappibacken is an intrusive-related uranium deposit, hosted by a
brecciated or cataclastic granite which is strongly enriched in
fluorite. Uranium mineralization is present within a single lense,
generally greater than 30 metres in width and locally up to 50 metres
wide. Historical drilling at Klappibacken has shown that
mineralization extends to greater than 150 metres below the surface,
at least 120 metres along strike, and remains open both at depth and
along strike.

A radon cap survey was completed by Mawson at Klappibacken in
2006, to measure the abundance of radon gas in the one metre thick
soil that masks bedrock in the prospect area. Radon gas is emitted as
a daughter product during the natural decay of uranium. This program
identified numerous nearby exploration targets up to two kilometers
along strike from Klappibacken. These targets include areas with a
stronger radon gas signature than those associated with the known
mineralization. The radon cap targets shall be drill tested early in
the upcoming summer drilling program.

Mr Hudson states, "At Klappibacken the mineralization commences
from surface and remains open at depth. Surface indications from
radon cap surveys and scintillometer traverses define the footprint
of high radioactivity to over two kilometres strike, of which only
120 metres has been drill tested. We look forward to testing the
project over the coming months."

Further information regarding these and previous results from the
Klappibacken uranium project may be found at
http://www.mawsonresources.com/index.php?page(equal
sign)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.

About the Company: Mawson Resources is a leading uranium explorer
in Europe with more than 16 million pounds of U(3)O8 in CIM-compliant
or historic resources in the nuclear energy reliant countries of
Spain, Sweden and Finland. As the European Union reduces its
reliance on carbon-based energy sources, Mawson is well placed as
the Company develops its exploration portfolio towards the
sustainable production of uranium in the shortest possible time
frame.

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.

ots Originaltext: Mawson Resources Ltd.
Im Internet recherchierbar: http://www.presseportal.de

Contact:
For further information: Investor Information:
http://www.mawsonresources.com, 1305 - 1090 West Georgia St.,
Vancouver, BC, V6E 3V7; Company Contact: Mariana Bermudez,
+1(604)685-9316; Investor Relation Consultants - Mining Interactive,
Nick Nicolaas, +1(604)657-4058; Wayne Melvin, +1(604)619-6327, Email:
info@mawsonresources.com (MAW.)