MAWSON WEST LTD-MWE. Website: http://www.mawsonwest.com.au/home.html Shares: 80.1 mill, price 17 cents. Options now listed: 6.6 mill to convert before or on 31 May 2007 @20 cents.
31 March quarterly: Outflow $0.21 mill. Cash $0.68 mill.
9 May 2006: Company Presentation: http://stocknessmonster.com/news-history?S=MWE&E=ASX&Year=2006
PROJECTS: 1. GOLDEN MILE SOUTH (Kalgoorly) 19 Oct 2004: Golden Mile South: Major acquisition - 130kmP2P - 4km from Kalgoorlie Superpit. http://www.mawsonwest.com.au/news/asx/GMSannASXoct04final.pdf
3 March 2005: Mawson West Enters into $1M Joint Venture with Barrick Australia for a Golden Mile South project. http://www.mawsonwest.com.au/news/asx/030305_barrick_announcement.pdf
27 April 2005: Aggressive Drilling Campaign to Commence at Golden Mile South. http://www.mawsonwest.com.au/news/press/Aggressive_drilling_at_Golden_Mile_South_270405.pdf
16 Nov 2005: New gold & nickel targets identified at key Mawson West Projects http://sa.iguana2.com/cache/42964125e0a4e6488b0e93f5a2f28a01/ASX-MWE-305674.pdf
2. NORSEMENT TENEMENT HOLDINGS-GOLD 15 March 2005: Lord Percy-2m @ 21.5g/t gold, Black Cat 8m @ 7.05g/t gold http://sa.iguana2.com/cache/b008bb9eb937bc2a40cae45f886d4a78/ASX-MWE-284898.pdf
20 Sept 2005: Lord Percy RC & Diamond Drilling to expand resources http://sa.iguana2.com/cache/62787eca31e2702c1f245adbcfba1d54/ASX-MWE-299605.pdf
1 Dec 2005: Lord Percy drilling results: http://sa.iguana2.com/cache/8bbbe8d2e3f0ee38e06698a58a176ddd/ASX-MWE-307679.pdf
3. MAWSON WEST – ACCENT RESOURCES – MT GIBSON JOINT VENTURE 27 March 2006: http://sa.iguana2.com/cache/6a00e0423a9071affd45b64045d041f7/ASX-MWE-318028.pdf
13 June 2006: Significant Iron Rock Chip Sample Assays at Mt Gibson http://sa.iguana2.com/cache/b508f40e48b30811252d8434a6638d87/ASX-MWE-325609.pdf Magnetite Range This prospect outcrops for 8km, Aeromagnetics indicates that the host rocks runs for a further 7 km of outcrop under soil cover. Rock chip samples over the outcropped area yielded 34 samples contained visible course agnetite bands. 31 of the samples assayed from 34% Fe to 48% Fe. The areas where samples were taken are revealed at Figure 1 attached. The Company is encouraged by these results and looks forward to the commencement of the drilling program. The location of the planned drill holes is shown on figure 2. It is intended that approximately 25 holes will be drilled on 17 sites for a total of approximately 2,500 m RC Drilling. The Company has made all applications required to commence a drilling program at Mt Gibson. Approvals are expected in the next two months. The Company has set exploration targets of 20mt hematite and 200mt magnetite for its Mt Gibson Project
MORE PROJECTS: Continued next post.
Gerry Holds options Readers, please do your own research and you decide if and when to buy, hold or sell any stocks or metals/commodities.
MWE Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
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