The Energy Report
Notable Quotes
"With the LOI signed, we urge investors to bolster positions in FCU." (12/22/15) Fission Uranium Corp. - David Sadowski, Raymond James More >
"FCU is taking the right steps regardless of whether PLS is ultimately acquired or developed into a mine." (12/22/15) Fission Uranium Corp. - Heiko Ihle, Rodman & Renshaw More >
"I am quite excited about POE in 2016." (12/16/15) Pan Orient Energy Corp. - Chen Lin, What Is Chen Buying? What Is Chen Selling? More >
"BKX's Oklahoma asset has significant value." (12/16/15) BNK Petroleum Inc. - Michael Charlton, iA Securities More >
"EFR is one of the few companies in a position to write long-term sales contracts and deliver into them at several times its current production rate." (12/17/15) Energy Fuels Inc. - The Gold Report Interview with Eric Coffin More >
MAW: Rompas Project Elevated to Flagship Status
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GEORDIE MARK, Haywood Securities
(01/18/2011)
"Mawson Resources holds a portfolio of uranium-rich projects in Finland (gold¬/uranium: primary asset, Rompas), Sweden (uranium: primary asset, the Hotagen project) and Peru (gold/copper: primary asset, Alto Quemado). Discovery of high-grade uranium and gold from surface work on Rompas has elevated the project to Flagship status whereby an appreciable exploration program is planned for 2011. Mawson recently expanded its land position at the Rompas gold-uranium project, increasing ground holdings by ~40%, and now holds contiguous claims covering >134,400 hectares. Mawson holds 100% of the asset and originally purchased the claim applications from AREVA in April 2010. First results from surface work began to flow into the market in Q410 and included very high-grade results from 39 surface channel samples. Results included 0.30m containing 1,866 g/t gold and 8.0% U308 (ID: 107590), and 0.26m containing 1,510 g/t gold and 4.0% U308 (ID: 107588). In December, a second round of results from 49 diamond saw-cut channel samples (448 individual samples) returned very high-grade data, including 0.95m of 1,424 g/t gold and 1.3% U308 (ID: 104738) and 2.05m of 191.3 g/t gold and 0.44% U308 (ID: 107596). Mawson intends to continue exploration work in Finland in Q211–Q311." |
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Under SEC rules, analysts are required to disclose their interest in securities that they cover. We strongly encourage you to contact them to understand any potential conflicts of interest they may have.
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