Mawson Reports Bonanza Gold With High Grade Uranium at Rompas, Finland

Includes Up To 12,800 g/t (373 oz/ton) Gold And 43.6% Uranium From Surface Grab Sampling

VANCOUVER, June 7, 2010 - Mawson Resources Limited ("Mawson") TSX - MAW;
Frankfurt - MRY - Mr Michael Hudson, President & CEO, is pleased to report
bonanza-grade gold and uranium results from surface sampling at the 100%
owned Rompas project, recently acquired from AREVA NC ("AREVA") in Finland.

Rompas is a new gold and uranium discovery made by AREVA in 2008 and is
secured by 11,870 hectares of claim applications. Bonanza grade gold and
uranium mineralization has been discovered at surface over an area exceeding
6km in strike and 200m in width. From samples selected for assay, results
include values up to 12,800 g/t gold and 43.6% uranium and are outlined in
Table 1 below:

    Table 1: Summary of Areva and Mawson Surface Grab Sampling at Rompas,
    oz/ton (equal sign) troy ounce per short ton;
    -------------------------------------------------------------------------
                   Areva           Mawson         Areva           Mawson
                 Gold (g/t)      Gold (g/t)    Uranium (ppm)   Uranium (ppm)
    -------------------------------------------------------------------------
    Average        1,146            224           27,292          36,088
               (33.4 oz/ton)    (6.5 oz/ton)      (2.7%)          (3.6%)
    -------------------------------------------------------------------------
    Maximum       12,800           1,830         249,000         435,500
              (373.3 oz/ton)   (53.4 oz/ton)     (24.9%)         (43.6%)
    -------------------------------------------------------------------------
    Minimum         0.1             0.01            13               2
    -------------------------------------------------------------------------
    Number of
     Samples         20              21             20              21
    -------------------------------------------------------------------------

AREVA selected 20 samples for assay from 150 radiometrically anomalous
sites discovered to date at Rompas over a NNW-SSE trending area 6km long by
200m wide. During due diligence, Mawson collected 21 bedrock samples from two
zones, the first area 400m X 100m and the second area 120m X 50m in size
within a 5km strike trend (Table 1). Rocks collected by both companies for
assay were grab samples taken from outcropping rock. Grab samples are
selective by nature and are unlikely to represent average grades on the
property. As is typical for Northern Finland, outcrop in the project area is
not common. To date, no systematic channel sampling across structures has
been undertaken. Of significance, some samples assayed high gold without
elevated uranium, providing scope for the discovery of gold-only
mineralization. Mineralization continues at the extremities of the 6km trend
under glacial soil cover.

Mineralization appears to be hydrothermal in nature and
fracture-controlled, hosted mainly by metavolcanics which may in part be
skarnified and/or hornfelsed. Uranium is found in the form of uraninite.
Native gold and uraninite are generally identified at surface in limonitic
fractures within metavolcanic host rocks.

Mr Hudson states, "Rompas is an exciting new gold and uranium discovery
made by AREVA in Finland, now 100% owned by Mawson. This flagship project
clearly defines Mawson's status as a gold and uranium explorer. To find such
high gold and uranium grades at surface in an area with no previous
exploration or drilling provides Mawson with a tremendous discovery
opportunity. The broad extent of high grade samples over 6km of strike is
extremely encouraging. We look forward to a busy and exciting summer field
program in Finland."

Mawson is planning an active 2010 summer field season at Rompas including
geological mapping, geochemical sampling and airborne geophysics. Full
details of the program will be released shortly. The Company will benefit by
employing many of AREVA'S geological team responsible for the initial
discoveries. The Rompas project is secured by claim applications and drilling
and trenching will be permitted on granting of exploration claims. The
granting of claims in Finland is currently slow and Mawson will work with the
authorities to facilitate this process in the shortest possible time. Mawson
has already been working in conjunction with AREVA to engage consultants who
shall provide expert opinion on Natura 2000 areas contained within the
project area. In addition, a NI43-101 technical report is under preparation
and is expected to be finalized and filed shortly.

AREVA is a major shareholder of Mawson, currently holding 11% of the
Company, plus an option to purchase an additional 8% by exercising 4.2
million purchase warrants at $1/share. The portfolio purchased from AREVA
totals 16,156 hectares and doubles Mawson's strong claim position in
Scandinavia. Mawson is compiling information from three other projects
recently acquired from Areva and will release further information as it
becomes available.

The following links for the Rompas project have been posted on Mawson's
website:

     -   Location of Areva's Finnish Exploration Projects Purchased by Mawson
         with Uranium Channel Radiometric Background:
         www.mawsonresources.com/i/maps/2010-06-01-map1.jpg
     -   Map of Rompas Project Secured by 11,870 Hectares of Claim
         Applications with Aeromagnetic Image Backdrop:
         www.mawsonresources.com/i/maps/2010-06-01-map2.jpg

A webcast interview of Mr Hudson discussing the Rompas project is
available at www.mininginteractive.com/videos/videos.php?link(equal
sign)20100607_Mawson&tabselect(equal sign)mawson.

About Mawson Resources Ltd (TSX:MAW, FRANKFURT:MRY, PINKSHEETS:MWSNF)

Mawson Resources Ltd is a natural resource acquisition and development
company with METAL and ENERGY interests.

Mawson has distinguished itself as the leading Scandinavian uranium
exploration company, with advanced projects in Sweden and Finland. As the
European Union moves to reduce its reliance on carbon-based energy sources
and continues to debate energy security, Mawson is well positioned to
provide Europe with the option to fuel its future. Areva NC holds 11% of the
Company and provides Mawson with an active technical partner.

In addition, the Company is exploring for gold and copper in the highly
prospective Cordillera of Peru, with a focus on a new high grade gold
discovery at Alto Quemado.

With a strong cash position and a multi-jurisdiction European and South
American portfolio, Mawson is ideally positioned to enhance its status as a
leader in the uranium and gold industries.

Shares Outstanding: 42,697,253. Cash: approximately C$9.5 million.

On behalf of the Board,

"Michael Hudson"

———————————-

Michael Hudson, President & CEO

Forward Looking Statement. The statements herein that are not historical
facts are forward-looking statements. These statements address future events
and conditions and so involve inherent risks and uncertainties, as disclosed
under the heading "Risk Factors" in the company's periodic filings with
Canadian securities regulators. Actual results could differ from those
currently projected. The Company does not assume the obligation to update any
forward-looking statement. The TSX Exchange has not reviewed and does not
accept responsibility for the adequacy or accuracy of this release.

Quality Control. Mawson samples were analyzed by ME-MS81, U-XRF05,
XRF-10, Au-GRA21 and Au-AA25 techniques by ALS Chemex Ltd's laboratories in
Pitea, Sweden and Vancouver, Canada. Areva's samples were assayed at the
Labtium Oy laboratory in Rovaniemi, Finland by methods 511P and 704P. The
results of the duplicate laboratory analyses appear to be acceptable however
no field standards or blanks were included in the sample stream.

The qualified person for Mawson's Finnish projects, Erkki Vanhanen,
Finnish Exploration Manager for Mawson with a designation of European
Geologist for the European Federation of Geologists (EFG), has reviewed and
verified the contents of this release.

For further information: Investor Information,
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,
Email: info@mawsonresources.com

For further information: Investor Information, 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, Email: info at mawsonresources.com