20 HOWARD STREET PERTH WESTERN AUSTRALIA 6000 - PO BOX Z5490 PERTH WESTERN AUSTRALIA 6831 ACN: 072 595 576 Telephone: +61 8 9321 9669 www.mawsonwest.com.au Facsimile: + 61 8 9481 2394 26 September 2006 The Manager Australian Stock Exchange Limited (“ASX”) Company Announcements Office DRILLING COMMENCES AT MT GIBSON Mawson West Ltd (MWE) has a Joint Venture Agreement with Accent Resources NL (ASC) on the Mt Gibson Project in the mid-west area of Western Australia. MWE has a free carried interest in the project until ACS has spent $600,000 within the project area after which MWE has the option to contribute. Attached is a recent announcement made by ACS regarding the commencement of drilling on the project. Yours faithfully PHILLIP MACLEOD Company Secretary 25 September 2006 The Announcements Office Australian Stock Exchange Limited Level 3, 20 Bridge Street SYDNEY NSW 2000 By Electronic Transmission Dear Sir Accent commences drilling at Mt Gibson A media release regarding the subject matter follows. Yours faithfully Peter Farrah Managing Director MEDIA/PRESS RELEASE 25 September 2006 – for immediate release Accent Resources NL commences drilling at Mt Gibson Iron Ore Project The Directors of Accent Resources NL (the Company) are pleased to announce that its drilling contractor has commenced drilling at the Mt Gibson iron ore project. The Company will test the strike extension of the Banded Iron Formation which hosts Mt Gibson Iron Limited’s hematite and magnetite deposits at Extension Hill. Within the Company’s tenements there is approximately 15 km of strike potential based on geological mapping, sampling and aeromagnetic interpretation. The RC drill program will consist of approximately 25 drill holes for 2,500m. It will test for the presence of hematite and magnetite at the Company’s iron prospects Hematite Hill and Magnetite Range respectively. . For further details contact Peter Farrah, Managing Director on 0419 913 408 or Alan Wolstencroft, Technical Director on 0439 912 234
MWE Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
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