20 HOWARD STREET PERTH WESTERN AUSTRALIA 6000 - PO BOX Z5490 PERTH WESTERN AUSTRALIA 6831 Telephone: +61 8 9321 9669 www.mawsonwest.com.au Facsimile: + 61 8 481 8696 3 OCTOBER 2007 KAPULO COPPER UPDATE –10m @ 3.2%, 7m @ 4.1%, 6.3 m @ 3.4%, 3m @ 4.8% Australian diversified minerals exploration company Mawson West (ASX: MWE) is currently drilling at the Katanga Prospect within the Kapulo Joint venture area - DR Congo, where MWE is earning 65% from Anvil Mining. Highlight copper grades of 10m @ 3.2%, 7m @ 4.1%, 6.3m @ 3.4%, and 3m @ 4.8% with a peak of 1m @ 8.9% from diamond drill holes 7 and 8 at depths of 85m to 120m drill depth confirm Kapulo’s potential. Further results are due continuously over the next 6 months, and will be released on a regular basis. To date 13 holes have been completed; with results from holes 5-8 available on 2 October after being received at the laboratory in Johannesburg on 21 July (holes 5&6) and 8 August (holes 7&8) respectively. These long analytical turnaround times are a factor of worldwide demand for laboratory work and shortages of analytical supplies. Drilling is aimed at defining the first J.O.R.C. compliant copper resource for the Kapulo area in the second quarter 2008. Further results will be released as they are received. Results for Holes 07KTDH005 to 07KTDH008 are consistent with interpreted grades and widths from previous work carried out in the 20’s, 50’s, and 70’s, and are described below. Visual confirmation of mineralisation is confirmed in all holes and examples of which are shown in figures 1 & 2. CORPORATE DETAILS ASX Code: MWE CONTACT DETAILS [email protected] www.mawsonwest.com.au ASX RELEASE
MWE Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held