Mawson Drills 0.4m @ 145.5 g/t gold and 20% Antimony within 21.7m @ 4.7 g/t gold and 1% Antimony in Deepest Hole Drilled at Sunday Creek, Victoria, Australia

Rhea-AI Summary

Mawson Gold Limited (OTC PINK:MWSNF) reported promising assay results from seven diamond drill holes at the Sunday Creek project in the Victorian Goldfields, Australia. Highlights include:

• 21.7 metres @ 4.7 g/t Au and 1.0% Sb (5.6 g/t AuEq) from hole MDDSC021.
• New high-grade intersections include 0.4 metres @ 145.5 g/t Au and 20.0% Sb.
• Drilling continues with 25 holes completed over 6,005 metres.

Executive Chairman Michael Hudson emphasized the continuity of mineralization and the potential for further discoveries.

Positive

• High-grade intersections reported, including 21.7 metres @ 4.7 g/t Au and 1.0% Sb (5.6 g/t AuEq) from MDDSC021.
• Seven drill holes show higher-grade zones, indicating significant potential.
• Continued drilling with 25 holes completed, increasing project footprint.

Negative

• MDDSC022 did not intersect significant mineralization, indicating variability in results.

VANCOUVER, BC / ACCESSWIRE / October 27, 2021 / Mawson Gold Limited ("Mawson" or the "Company") (TSX:MAW)(FSE:MXR)(OTC PINK:MWSNF) is pleased to announce assay results from seven diamond drill holes (MDDSC016A-22) drilled at the 100%-owned Sunday Creek project in the Victorian Goldfields of Australia. The Sunday Creek epizonal-style gold project is located 56 kilometres north of Melbourne and within 19,365 hectares of granted exploration tenements.

Highlights:

• 21.7 metres @ 4.7 g/t Au and 1.0% Sb (5.6 g/t AuEq) from 274.7 metres in hole MDDSC021, including :
  • 0.4 metres @ 145.5 g/t Au and 20.0% Sb (165.4 g/t AuEq) from 277.0 metres;
  • 1.1 metres @ 19.2 g/t Au and 7.5% Sb (26.7 g/t AuEq) from 280.4 metres;
  • 0.4 metres @ 14.7 g/t Au and 3.3% Sb (17.9 g/t AuEq) from 287.4 metres;
  • The deepest drill hole drilled at Sunday Creek (225 metres vertical depth), and highest-grade gold-stibnite mineralization to date on the project (Tables 1-3, Figures 1-3):
• 77.6 metres @ 0.8 g/t Au and 0.2% Sb (1.0 g/t AuEq) from 109.4 meters in hole MDDSC016A, including:
  • 23.5 metres @ 1.6 g/t Au and 0.3% Sb (1.9 g/t AuEq) from 109.4 metres
• Drilling continues with twenty-five diamond drill holes (MDDSC001-025) for 6,005 metres have been now completed at the Sunday Creek gold project.

Michael Hudson, Executive Chairman, states: "As we start to take bolder and larger step-outs, our deepest hole at Sunday Creek intersected the highest grades we have seen to date and is the seventh intersection exceeding 100 g/t * width on the project. Sunday Creek continues to deliver with continuity of mineralization over larger strike distances in multiple drill holes and grades improving at depth. Notwithstanding, all mineralization remains open at depth and the system continues 10 kilometres to the east covering historic mines, without a single drill hole test ."

MDDSC016A intersected 77.6 metres @ 0.8 g/t Au and 0.2% Sb 1.0 g/t AuEq (no lower cut) from 109.4 metres at the Apollo Mine area, drilled 80 metres below VCRC007 (28 metres @ 3.0 g/t Au 0.3% Sb 3.2 g/t AuEq). Higher grade zones included:

• 23.5 metres @ 1.6 g/t Au and 0.3% Sb (1.9 g/t AuEq) from 109.4 metres including:
  • 0.4 metres @ 53.3 g/t Au and 3.5% Sb (56.8 g/t AuEq) from 124.7 metres
• 11.9 metres @ 0.7 g/t Au and 0.5% Sb (1.2 g/t AuEq) from 157.5 metres including:
  • 0.4 metres @ 0.9 g/t Au and 12.1% Sb (12.9 g/t AuEq) from 167.8 metres
• 7.6 metres @ 2.2 g/t Au and 0.2% Sb (2.4 g/t AuEq) from 174.6 metres

MDDSC017, also at Apollo intersected:

• 0.7 metres @ 14.1 g/t Au and 0.0% Sb (14.1 g/t AuEq) from 242.7 metres
• Interpreted to have clipped the southern edge of the broader north-dipping mineralized zone 50 metres below MDDSC0015A (15.3 metres @ 2.2 g/t Au and 2.1% Sb (4.3 g/t AuEq) from 231.4 metres)

MDDSC018 Mawson's first drill hole to test immediately below the Golden Dyke workings, intersected:

• 12.2 metres @ 1.6 g/t Au and 0.2% Sb (1.8 g/t AuEq) from 199.8 metres;
  • Including 1.0 metre @ 12.5 g/t Au and 1.1% Sb (13.5 g/t AuEq) from 202.3 metres
• Golden Dyke is located 600 metres west of the Apollo Mine. The Golden Dyke workings consisted of 20 individual stopes over 200 metres strike, down to 180 metres vertical depth (Figure 2). It is estimated a total of 15,000 ounces @ 12.6 g/t Au were extracted during the late 1800s to the early 1900s. Free gold recoveries were reported to be around 50% due to metallurgical complications (at the time) with stibnite.

MDDSC019 also at Golden Dyke, drilled 95 metres ENE of MDDSC018 intersected:

• 1.0 metre @ 3.5 g/t Au and 0.1% Sb (3.5 g/t AuEq) from 52.0 metres;
• 4.0 metres @ 0.9 g/t Au and 0.0% Sb (1.0 g/t AuEq) from 159.0 metres

MDDSC020 testing below the Rising Sun Mine, located 240 metres ENE from the Golden Dyke area intersected:

• 15.0 metres @ 1.3 g/t Au and 0.4% Sb (1.8 g/t AuEq) from 207.0 metres including:
  • 1.0 metre @ 8.4 g/t Au and 0.2% Sb (8.7 g/t AuEq) from 207.0 metres;
  • 0.7 metres @ 2.8 g/t Au and 3.5% Sb (6.2 g/t AuEq) from 216.7 metres
• Drilled 120 metres below MDDSC003 (6 metres @ 1.6 g/t Au and 1.4% Sb (3.0 g/t AUEQ) and historic drill hole VCRC022 (19 metres @ 6.5 g/t Au and 0.3% Sb (6.8 g/t AuEq)

MDDSC021 drilled 90 metres below MDDSC020 and the deepest intersection drilled to date at on the project intersected:

• 21.7 metres @ 4.7 g/t Au and 1.0% Sb (5.6 g/t AuEq) from 274.7 metres including:
  • 0.4 metres @ 145.5 g/t Au and 20.0% Sb (165.4 g/t AuEq) from 277.0 metres;
  • 1.1 metres @ 19.2 g/t Au and 7.5% Sb (26.7 g/t AuEq) from 280.4 metres;
  • 0.4 metres @ 14.7 g/t Au and 3.3% Sb (17.9 g/t AuEq) from 287.4 metres
• Located 600 metres west from the channel samples recently announced (14.0 metres at 11.5 g/t gold and 0.3% antimony including 8.0 metres @ 19.6 g/t gold and 0.4% antimony).

MDDSC022 drilled 115 metres east of MDDSC0020 below the Root Hog Mine area did not intersect significant mineralization within a zone of structural complexity.

Mawson has now completed twenty-five drill holes (MDDSC001-025) for 6,005 metres at the Sunday Creek gold-antimony project (Figures 1 and 2). Drilling continues and assays from 22 out of the 25 finalized holes have been released. Geophysical surveys (3D induced polarization and ground magnetics) and detailed LiDAR surveys have been completed. A 1,600-point soil sampling program at Sunday Creek extending east-northeast from drilling areas to test the 11-kilometre trend of historically mined epizonal dyke-hosted mineralization within Mawson's tenured areas has also been completed. The integration of the LiDAR, soil sampling data, rock chips and geophysics is key to the expansion of the project along strike.

At Sunday Creek, historic gold mining occurred between 1880 and 1920 over a greater than 11-kilometre strike length. Drilling during 1990-2000s focused on shallow, previously mined surface workings, covering an area of 100 metres in width and 800 metres in length but only to 80 metres average depth. As such, the entire field remains open along strike and to depth. Apollo was the first deep shaft to 100 metres in the late 1800s in a series of sheeted stibnite-rich veins, predominately hosted within a zone of felsic dykes and related alteration that broadly controls gold distribution.

Mineralization at Sunday Creek is hosted in late-Silurian to early-Devonian-aged shales and siltstones containing a series of dykes of felsic-intermediate composition. Gold is concentrated mainly in and around the north dipping and EW to NE-SW striking felsic dykes and the halo of associated pre-mineralization dyke-related sericite-pyrite alteration. The mineralization generally lies within brittle multiple sheeted veins and cataclastic zones. Individual NW striking high-grade quartz-stibnite veins at Apollo and Golden Dyke, and cataclastic zones at Gladys were the focus of historical mining at Sunday Creek. These zones have been proven to continue to depth by Mawson. Broader vein-hosted and cataclastic mineralization grading less than 15 g/t gold appears untouched by the historic miners.

Technical and Environmental Background

Tables 1-3 provide collar and assay data. The true thickness of the mineralized interval is interpreted to be approximately 70% of the sampled thickness. All drill results quoted have a lower cut of 0.3 g/t Au cut over a 2.0 metre width, with higher grades reported with a 5 g/t Au cut over 1.0 metre applied unless otherwise stated.

A diamond drill rig from contractor Starwest Pty Ltd was used in the program. Core diameter is HQ (63.5 mm) and oriented with excellent core recoveries averaging close to 100% in both oxidized and fresh rock. After photographing and logging in Mawson's core logging facilities in Nagambie, intervals were diamond sawn in half by Mawson personnel. Half core is retained for verification and reference purposes. Analytical samples are transported to On Site Laboratory Services' Bendigo facility which operates under both an ISO 9001 and NATA quality systems. Samples were prepared and analyzed for gold using the fire assay technique (PE01S method; 25 gram charge), followed by measuring the gold in solution with flame AAS equipment. Samples for multi-element analysis (BM011 and over-range methods as required) use aqua regia digestion and ICP-MS analysis. The QA/QC program of Mawson consists of the systematic insertion of certified standards of known gold content and blanks within interpreted mineralized rock. In addition, On Site inserts blanks and standards into the analytical process.

Gold Equivalent Calculation

It is the opinion of Mawson that all the elements included in the metal equivalent calculation have a reasonable potential to be recovered. The gold equivalent (AuEq) was calculated based on commodity prices as 21 March 2021. The AuEq formula is as follows: AuEq(g/t) = (Aug/t) + (XX * Sb%), where XX = (US$5,600/100) / (US$1,750/31.1035) and the gold price = US$1,750/oz and antimony price = US$5,600/tonne.

Qualified Person

Dr Nick Cook (FAusMM), Chief Geologist for the Company, is a qualified person as defined by National Instrument 43-101 - Standards of Disclosure or Mineral Projects and has prepared or reviewed the preparation of the scientific and technical information in this press release.

About Mawson Gold Limited (TSX:MAW, FRANKFURT:MXR, OTC PINK:MWSNF)

Mawson Gold Limited is an exploration and development company. Mawson has distinguished itself as a leading Nordic Arctic exploration company with a focus on the flagship Rajapalot gold-cobalt project in Finland. Mawson also owns or is joint venturing into three high-grade, historic epizonal goldfields covering 470 square kilometres in Victoria, Australia and is well placed to add to its already significant gold-cobalt resource in Finland.

On behalf of the Board, "Michael Hudson" Michael Hudson, Executive Chairman

Further Information www.mawsongold.com 1305 - 1090 West Georgia St., Vancouver, BC, V6E 3V7 Mariana Bermudez (Canada), Corporate Secretary, +1 (604) 685 9316,info@mawsongold.com

Forward-Looking Statement

This news release contains forward-looking statements or forward-looking information within the meaning of applicable securities laws (collectively, "forward-looking statements"). All statements herein, other than statements of historical fact, are forward-looking statements. Although Mawson believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Forward-looking statements are typically identified by words such as: believe, expect, anticipate, intend, estimate, postulate, and similar expressions, or are those, which, by their nature, refer to future events. Mawson cautions investors that any forward-looking statements are not guarantees of future results or performance, and that actual results may differ materially from those in forward-looking statements as a result of various factors, including, but not limited to, timing and successful completion of drill programs planned at Sunday Creek, capital and other costs varying significantly from estimates, changes in world metal markets, changes in equity markets, the potential impact of epidemics, pandemics or other public health crises, including the current pandemic known as COVID-19 on the Company's business, planned drill programs and results varying from expectations, delays in obtaining results, equipment failure, unexpected geological conditions, local community relations, dealings with non-governmental organizations, delays in operations due to permit grants, environmental and safety risks, and other risks and uncertainties disclosed under the heading "Risk Factors" in Mawson's most recent Annual Information Form filed on www.sedar.com . Any forward-looking statement speaks only as of the date on which it is made and, except as may be required by applicable securities laws, Mawson disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise.

Figure 1: Plan location of the Sunday Creek Project historic mines and location Mawson drilling.

Figure 2: Longitudinal ("Long") Section of the Golden Dyke to Apollo Mine Area highlighting Mawson drillholes MDDSC0016 and MDDSC0022 reported here.

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Figure 3: Cross Section of the Rising Sun Mine showing Mawson drillholes MDDSC020 and MDDSC021 reported here

Table 1: Collar information from Mawson's drilling at the Sunday Creek Project
Coordinate Reference System GDA94, Zone 55 (EPSG:28355)

Area	Hole_ID	Easting	Northing	Dip	Azimuth	RL (m)	Depth (m)	Date Reported
Central	MDDSC001	331080	5867769	-55.5	283.3	318	67	October 07, 2020
Central	MDDSC002	331085	5867771	-65.6	241.9	318	150.3	October 27, 2020
Rising Sun	MDDSC003	330776	5867892	-65.2	240.2	295	127.7	October 27, 2020
Golden Dyke	MDDSC004	330637	5867822	-44	240.5	321	280	January 05, 2021
Apollo	MDDSC005	331029	5867798	-45.5	89.6	311	160.1	January 05, 2021
Gladys	MDDSC006	331023	5867799	-39.4	237.1	311	99.6	February 11, 2021
Gladys	MDDSC007	330985	5867712	-42	70	321.5	150.8	February 11, 2021
Gladys	MDDSC008	331044	5867763	-52	253.2	320	99.2	February 11, 2021
Gladys	MDDSC009	331013	5867799	-50	260	311	105.9	February 11, 2021
Gladys	MDDSC010	331033	5867798	-60	214	310.5	151.3	February 11, 2021
Gladys	MDDSC011	331042	5867798	-55	270	310	215.8	March 22, 2021
Apollo	MDDSC012	331172	5867842	-60	252.4	309	262.9	March 22, 2021
Apollo	MDDSC013	331170	5867842	-68	223	309	43.4	Abandoned
Apollo	MDDSC013A	331170	5867842	-68	223	309	270	July 06, 2021
Apollo	MDDSC014	330985	5867712	-75	41.4	303.7	300	July 06, 2021
Apollo	MDDSC015	331191.6	5867860	-65	253	306.7	29.8	Abandoned
Apollo	MDDSC015A	331191.6	5867860	-65	253	306.7	423.2	July 06, 2021
Apollo	MDDSC016	331104.4	5867822	-66	236	308.3	15.74	Abandoned
Apollo	MDDSC016A	331104.4	5867822	-66	236	308.3	252.5	Here
Apollo	MDDSC017	331196.4	5867856	-72	260	307.6	450	Here
Golden Dyke	MDDSC018	330548	5867891	-55	195	307.6	300	Here
Golden Dyke	MDDSC019	330615.8	5867886	-57	195	300.39	196.4	Here
Rising Sun	MDDSC020	330755	5868012	-55	195	298.43	200	Here
Rising Sun	MDDSC021	330755	5868012	-65	200	298.43	321.4	Here
Root Hog	MDDSC022	330875	5868005	-55	200	307.19	282.5	Here
Gladys	MDDSC023	330981	5867845	-66	175	297.35	222.6	TBA
Gladys	MDDSC024	330981	5867845	-77	175	297.35	306.3	TBA
Apollo	MDDSC025	331154	5867964	-72	210	297.35	444.2	TBA

Note: (1) The true thickness of the mineralized interval is interpreted to be approximately 70% of the sampled thickness.

Table 2: Intersections from Mawson's drilling from the Sunday Creek Project. Intersections are reported with a lower cut of 0.3 g/t Au cut over 2.0 metre width, with higher grades reported with a 5 g/t Au cut over 1.0 metre.

Hole_ID	From (m)	To (m)	Width (1) (m)	Au g/t	Sb%	AuEq g/t
MDDSC001	0.0	15.2	15.2	3.7	0.2	3.9
including	2.0	2.8	0.8	9.4	0.4	9.7
including	6.0	6.2	0.1	15.8	0.1	15.9
including	8.0	8.7	0.7	5.7	0.1	5.8
including	10.0	11.6	1.6	11.3	0.3	11.5
MDDSC001	56.0	56.9	0.9	2.2	0.0	2.2
MDDSC001	64.0	65.4	1.4	0.6	0.1	0.7
MDDSC002	16.0	17.5	1.5	1.2	0.3	1.4
MDDSC002	26.0	26.3	0.3	6.3	0.2	6.4
MDDSC002	39.0	41.0	2.0	1.4	0.0	1.4
MDDSC002	50.0	59.0	9.0	3.2	0.5	3.7
including	54.0	54.3	0.3	82.8	13.8	96.5
MDDSC002	76.0	76.5	0.5	1.0	0.0	1.1
MDDSC002	96.0	96.6	0.6	2.2	0.3	2.5
MDDSC002	109.0	110.1	1.1	21.4	3.3	24.7
MDDSC002	113.0	113.3	0.3	10.6	1.1	11.7
MDDSC002	116.0	130.3	14.3	2.9	0.5	3.3
including	116.0	116.3	0.3	25.6	0.0	25.6
including	117.0	117.4	0.4	18.0	2.8	20.8
including	119.0	119.6	0.5	7.0	7.3	14.3
including	123.0	124.1	1.1	5.2	0.8	6.0
including	128.0	128.2	0.2	7.1	0.0	7.1
MDDSC002	135.0	136.0	1.0	0.6	0.0	0.6
MDDSC002	143.0	144.0	1.0	1.8	0.0	1.8
MDDSC003	72.0	73.5	1.5	3.6	0.3	3.9
including	72.0	72.9	0.9	5.3	0.5	5.7
MDDSC003	76.0	81.5	5.5	1.6	1.4	3.0
including	79.0	79.6	0.6	5.9	10.0	15.8
MDDSC003	84.0	84.9	0.9	1.0	0.0	1.0
MDDSC003	91.0	92.4	1.3	0.4	0.6	1.0
MDDSC003	116.0	119.1	3.1	0.6	0.0	0.6
MDDSC005	15.0	15.3	0.3	0.7	0.0	0.7
MDDSC005	88.0	92.2	4.2	3.4	0.1	3.5
including	89.0	89.2	0.1	7.1	0.7	7.9
MDDSC005	99.0	99.2	0.2	1.3	0.4	1.6
MDDSC005	107.0	112.7	5.7	0.6	0.6	1.2
including	109.0	109.2	0.2	3.0	11.2	14.1
MDDSC005	120.0	135.7	15.7	2.6	1.0	3.6
including	124.0	124.1	0.1	52.6	7.5	60.0
including	128.0	128.6	0.6	13.0	2.0	15.0
including	131.0	131.4	0.4	8.3	5.1	13.4
including	133.0	134.7	1.7	8.6	4.9	13.5
MDDSC006	29.0	30.0	1.0	2.3	0.0	2.3
MDDSC006	33.0	33.8	0.8	0.9	0.0	0.9
MDDSC006	57.0	57.6	0.6	0.0	4.4	4.4
MDDSC007	76.0	81.8	5.8	2.2	0.4	2.6
MDDSC007	76.0	76.3	0.3	7.8	2.4	10.2
MDDSC007	79.0	79.4	0.4	22.8	3.2	26.0
MDDSC007	85.0	90.4	5.4	0.6	0.0	0.6
MDDSC007	96.0	96.8	0.8	0.6	0.0	0.6
MDDSC008	13.0	14.0	1.0	1.0	0.0	1.0
MDDSC008	26.0	26.9	0.9	1.3	0.0	1.3
MDDSC008	32.0	33.8	1.8	1.2	0.0	1.2
MDDSC008	68.0	68.7	0.7	20.6	5.0	25.6
MDDSC008	95.0	95.2	0.2	8.4	3.9	12.3
MDDSC009	26.0	26.4	0.4	0.8	0.0	0.8
MDDSC009	29.0	30.7	1.7	0.6	0.4	1.0
MDDSC009	51.0	53.0	2.0	0.6	0.0	0.6
MDDSC009	67.0	68.7	1.7	2.5	0.0	2.5
MDDSC009	84.0	85.0	1.0	1.0	0.0	1.0
MDDSC010	41.0	41.6	0.6	20.6	0.0	20.6
MDDSC010	47.0	48.9	1.9	1.0	0.0	1.0
MDDSC010	59.0	59.5	0.5	0.6	0.0	0.6
MDDSC010	70.0	79.0	9.0	4.7	0.1	4.8
including	74.0	76.0	2.0	18.6	0.5	19.1
MDDSC010	82.0	84.3	2.3	0.9	0.0	0.9
MDDSC010	93.0	95.5	2.5	0.9	0.1	1.0
MDDSC010	98.0	101.1	3.1	10.8	1.6	12.4
including	100.0	101.2	1.2	25.7	4.1	29.8
MDDSC010	120.0	121.4	1.4	1.0	0.0	1.0
MDDSC011	55.0	56.0	1.0	0.9	0.0	0.9
MDDSC011	79.0	82.0	3.0	0.4	0.0	0.4
MDDSC011	99.0	101.0	2.0	2.0	0.0	2.0
MDDSC011	184.0	187.8	3.8	0.6	0.0	0.6
MDDSC012	74.0	74.7	0.7	0.9	0.2	1.1
MDDSC012	76.0	78.2	2.2	0.4	0.3	0.7
MDDSC012	141.0	141.6	0.6	0.7	0.1	0.8
MDDSC012	155.0	155.3	0.3	0.2	0.8	1.0
MDDSC012	178.0	180.8	2.8	4.0	0.3	4.3
including	178.0	178.8	0.8	11.4	0.9	12.3
MDDSC012	184.0	189.9	5.9	1.7	0.1	1.8
including	185.0	186.0	1.0	4.3	0.8	5.1
MDDSC012	196.0	200.3	4.3	2.2	0.2	2.4
including	196.0	197.0	1.0	5.9	0.3	6.2
MDDSC012	203.0	213.4	10.4	5.4	1.0	6.4
including	207.0	207.2	0.2	37.3	12.0	49.2
including	209.0	211.2	2.2	15.8	3.3	19.2
MDDSC012	226.0	227.1	1.1	1.4	0.0	1.4
MDDSC013A	111.1	116.3	5.3	3.08	1.13	4.21
including	111.1	111.7	0.6	14.40	9.64	24.00
including	113.5	114.1	0.6	8.39	0.01	8.40
MDDSC013A	125.4	126.4	1.0	0.39	0.00	0.39
MDDSC013A	182.7	183.7	1.0	0.43	0.00	0.43
MDDSC014	8.2	9.2	1.0	0.58	0.00	0.58
MDDSC015A	202.0	204.7	2.7	0.49	0.01	0.50
MDDSC015A	222.0	226.5	4.6	1.62	0.07	1.69
including	222.7	223.3	0.6	5.50	0.34	5.84
MDDSC015A	231.4	246.7	15.3	2.16	2.10	4.25
including	232.3	233.2	0.8	1.11	6.76	7.84
including	238.1	238.6	0.5	6.63	15.30	21.86
including	241.3	244.1	2.8	5.70	5.46	11.14
including	245.6	246.1	0.5	10.10	0.65	10.75
MDDSC015A	259.8	260.6	0.8	0.53	0.01	0.54
MDDSC016A	109.4	132.9	23.5	1.6	0.30	1.9
including	124.7	125.1	0.4	53.3	3.48	56.8
MDDSC016A	157.5	169.4	11.9	0.7	0.50	1.2
including	167.8	168.2	0.4	0.9	12.10	12.9
MDDSC016A	174.6	182.2	7.6	2.2	0.23	2.4
including	177.2	177.8	0.6	4.6	0.75	5.4
MDDSC017	242.7	243.4	0.7	14.1	0.01	14.1
MDDSC018	199.8	212.0	12.2	1.6	0.18	1.8
including	202.3	203.3	1.0	12.5	1.07	13.5
MDDSC019	52.0	53.0	1.0	3.5	0.06	3.5
MDDSC019	151.6	156.0	4.4	0.8	0.02	0.8
MDDSC019	159.0	163.0	4.0	0.9	0.03	1.0
MDDSC020	207.0	222.0	15.0	1.3	0.43	1.8
including	207.0	208.0	1.0	8.4	0.23	8.7
including	216.7	217.4	0.7	2.8	3.46	6.2
MDDSC021	274.7	296.4	21.7	4.7	0.95	5.6
including	277.0	277.4	0.4	145.5	20.00	165.4
including	280.4	281.5	1.1	19.2	7.50	26.7
including	287.4	287.8	0.4	14.7	3.29	17.9
MDDSC021	298.4	299.2	0.8	0.3	0.02	0.3
MDDSC022	194.4	194.7	0.3	0.5	0.00	0.5

Note: (1) The true thickness of the mineralized interval is interpreted to be approximately 70% of the sampled thickness.

Table 3: Individual assay data (Au>0.3 g/t) from drill holes reported in this press release.

hole_ID	from (m)	to (m)	width (m)	Au g/t	Sb%	AuEq g/t
MDDSC022	194.4	194.7	0.3	0.5	0.00	0.5
MDDSC021	274.7	275.9	1.2	1.1	0.01	1.1
MDDSC021	276.3	277.0	0.7	1.0	0.17	1.1
MDDSC021	277.0	277.4	0.4	145.5	20.00	165.4
MDDSC021	277.4	278.4	1.0	1.9	0.06	1.9
MDDSC021	280.4	280.9	0.5	15.9	6.72	22.6
MDDSC021	280.9	281.2	0.3	29.3	3.90	33.2
MDDSC021	281.2	281.5	0.3	14.8	11.90	26.6
MDDSC021	281.5	282.1	0.6	1.3	0.30	1.6
MDDSC021	283.7	284.4	0.7	1.0	0.17	1.2
MDDSC021	285.8	286.4	0.6	1.3	0.59	1.9
MDDSC021	287.4	287.8	0.4	14.7	3.29	17.9
MDDSC021	287.8	288.4	0.7	0.5	0.18	0.7
MDDSC021	288.4	289.3	0.9	0.4	0.03	0.5
MDDSC021	292.9	293.7	0.8	1.0	0.40	1.4
MDDSC021	293.7	294.3	0.6	2.4	0.75	3.1
MDDSC021	294.3	294.8	0.5	1.0	0.25	1.2
MDDSC021	295.2	296.0	0.8	1.0	0.02	1.0
MDDSC021	296.0	296.4	0.5	0.4	0.17	0.5
MDDSC021	298.4	299.2	0.8	0.3	0.02	0.3
MDDSC020	207.0	208.0	1.0	8.4	0.23	8.7
MDDSC020	208.0	209.0	1.0	1.0	0.29	1.3
MDDSC020	209.0	210.0	1.0	0.4	0.02	0.4
MDDSC020	210.0	210.5	0.5	0.7	0.02	0.7
MDDSC020	212.0	213.0	1.0	0.4	0.02	0.4
MDDSC020	213.0	214.0	1.0	0.7	0.05	0.7
MDDSC020	214.0	215.0	1.0	1.1	0.96	2.1
MDDSC020	215.0	216.0	1.0	1.3	0.23	1.5
MDDSC020	216.0	216.7	0.7	0.5	1.01	1.5
MDDSC020	216.7	217.4	0.7	2.8	3.46	6.2
MDDSC020	218.0	219.0	1.0	2.2	0.14	2.4
MDDSC020	219.0	220.0	1.0	0.8	0.12	0.9
MDDSC020	220.0	221.0	1.0	0.3	0.54	0.8
MDDSC020	221.0	222.0	1.0	0.5	0.72	1.2
MDDSC019	52.0	53.0	1.0	3.5	0.06	3.5
MDDSC019	112.7	113.7	1.0	0.4	0.02	0.4
MDDSC019	113.7	114.3	0.6	0.3	1.31	1.6
MDDSC019	151.6	152.2	0.6	0.8	0.00	0.8
MDDSC019	152.2	152.9	0.7	2.1	0.01	2.1
MDDSC019	152.9	153.9	1.0	0.6	0.01	0.6
MDDSC019	153.9	154.6	0.7	0.3	0.01	0.3
MDDSC019	154.6	155.4	0.8	0.6	0.01	0.6
MDDSC019	155.4	156.0	0.6	0.6	0.05	0.7
MDDSC019	159.0	160.0	1.0	0.6	0.02	0.6
MDDSC019	160.0	161.0	1.0	1.4	0.01	1.4
MDDSC019	161.0	162.0	1.0	0.6	0.06	0.7
MDDSC019	162.0	163.0	1.0	1.2	0.05	1.2
MDDSC018	202.3	203.3	1.0	12.5	1.07	13.5
MDDSC018	203.3	204.1	0.8	2.7	0.62	3.3
MDDSC018	205.0	206.0	1.0	0.6	0.21	0.8
MDDSC018	206.0	207.0	1.0	0.7	0.06	0.8
MDDSC018	207.0	208.0	1.0	0.4	0.16	0.6
MDDSC018	208.0	209.0	1.0	2.4	0.03	2.5
MDDSC018	211.0	212.0	1.0	0.4	0.01	0.4
MDDSC018	284.0	285.0	1.0	0.4	0.00	0.4
MDDSC017	242.7	243.4	0.7	14.1	0.01	14.1
MDDSC017	250.0	251.0	1.0	0.7	0.01	0.7
MDDSC017	251.0	252.0	1.0	0.3	0.01	0.3
MDDSC017	262.0	263.0	1.0	0.4	0.03	0.5
MDDSC017	263.0	264.0	1.0	1.1	2.57	3.7
MDDSC017	264.0	265.0	1.0	0.4	0.03	0.4
MDDSC017	267.0	268.0	1.0	0.4	0.01	0.4
MDDSC017	336.0	337.0	1.0	0.5	0.00	0.5
MDDSC016A	36.4	37.4	1.0	0.4	0.00	0.4
MDDSC016A	41.6	42.0	0.4	0.3	0.00	0.3
MDDSC016A	80.0	80.5	0.5	0.6	0.00	0.6
MDDSC016A	109.4	110.4	1.0	1.3	0.00	1.3
MDDSC016A	111.3	112.0	0.7	0.3	0.02	0.3
MDDSC016A	112.0	112.6	0.6	2.6	0.77	3.3
MDDSC016A	112.6	113.4	0.8	0.7	0.02	0.7
MDDSC016A	114.8	115.6	0.8	0.6	0.01	0.6
MDDSC016A	115.6	116.1	0.5	1.1	3.38	4.4
MDDSC016A	116.1	116.6	0.5	0.5	0.06	0.5
MDDSC016A	116.6	116.9	0.3	0.5	0.02	0.5
MDDSC016A	116.9	117.4	0.5	2.1	0.12	2.2
MDDSC016A	117.4	118.4	1.0	0.3	0.02	0.3
MDDSC016A	119.1	120.1	1.0	0.4	0.23	0.6
MDDSC016A	122.0	122.8	0.8	0.5	0.02	0.6
MDDSC016A	122.8	123.3	0.6	3.2	0.91	4.1
MDDSC016A	124.7	125.1	0.4	53.3	3.48	56.8
MDDSC016A	125.1	125.6	0.5	2.6	0.19	2.8
MDDSC016A	125.6	126.0	0.4	1.8	0.02	1.8
MDDSC016A	126.0	126.8	0.8	1.3	0.02	1.3
MDDSC016A	126.8	127.7	1.0	0.7	0.13	0.9
MDDSC016A	127.7	128.7	1.0	0.4	0.07	0.4
MDDSC016A	129.2	129.6	0.4	0.3	0.01	0.3
MDDSC016A	131.5	132.7	1.2	0.5	0.05	0.5
MDDSC016A	132.7	132.9	0.2	0.7	0.52	1.2
MDDSC016A	150.7	151.4	0.7	0.4	0.01	0.4
MDDSC016A	151.4	152.4	1.0	0.3	0.00	0.3
MDDSC016A	154.2	155.2	1.0	0.4	0.01	0.4
MDDSC016A	157.5	158.2	0.7	0.6	0.00	0.6
MDDSC016A	159.9	160.6	0.7	1.1	0.00	1.1
MDDSC016A	160.6	161.6	1.0	1.0	0.01	1.0
MDDSC016A	161.6	162.6	1.0	1.1	0.00	1.1
MDDSC016A	162.6	163.6	1.0	0.5	0.00	0.5
MDDSC016A	163.6	164.6	1.0	0.6	0.00	0.6
MDDSC016A	164.6	165.6	1.0	0.5	0.00	0.5
MDDSC016A	165.6	166.5	0.8	1.1	0.01	1.1
MDDSC016A	166.5	167.0	0.5	0.6	0.01	0.6
MDDSC016A	167.0	167.8	0.8	0.7	1.29	2.0
MDDSC016A	167.8	168.2	0.4	0.9	12.10	12.9
MDDSC016A	168.7	169.4	0.6	0.4	0.01	0.4
MDDSC016A	174.6	175.5	0.9	0.5	0.24	0.7
MDDSC016A	175.5	176.2	0.7	3.0	0.12	3.1
MDDSC016A	176.2	176.7	0.4	0.7	0.07	0.7
MDDSC016A	176.7	177.2	0.5	1.8	0.25	2.1
MDDSC016A	177.2	177.8	0.6	4.6	0.75	5.4
MDDSC016A	177.8	178.5	0.7	3.8	1.01	4.8
MDDSC016A	178.5	179.3	0.8	3.7	0.10	3.8
MDDSC016A	179.3	179.7	0.4	4.3	0.03	4.4
MDDSC016A	180.4	181.0	0.6	1.7	0.01	1.7
MDDSC016A	181.0	181.4	0.4	1.3	0.00	1.3
MDDSC016A	181.4	182.2	0.9	0.8	0.00	0.8
MDDSC016A	185.0	185.5	0.5	0.9	0.01	0.9
MDDSC016A	185.5	186.0	0.5	0.6	0.00	0.6
MDDSC016A	186.0	187.0	1.0	0.5	0.00	0.5
MDDSC016A	189.7	190.0	0.3	0.5	0.00	0.5
MDDSC016A	194.0	195.0	1.0	0.4	0.00	0.4
MDDSC016A	195.0	196.0	1.0	0.3	0.00	0.3
MDDSC016A	197.0	197.7	0.7	0.5	0.00	0.5
MDDSC016A	232.1	232.8	0.7	0.3	0.00	0.3

SOURCE: Mawson Gold Limited

View source version on accesswire.com:
https://www.accesswire.com/669849/Mawson-Drills-04m-1455-gt-gold-and-20-Antimony-within-217m-47-gt-gold-and-1-Antimony-in-Deepest-Hole-Drilled-at-Sunday-Creek-Victoria-Australia

FAQ

What were the assay results for the Sunday Creek project by Mawson Gold?

Mawson Gold reported 21.7 metres @ 4.7 g/t Au and 1.0% Sb from drill hole MDDSC021 and other high-grade intersections.

How many drill holes have been completed at Sunday Creek?

Mawson Gold has completed 25 diamond drill holes totaling 6,005 metres at the Sunday Creek project.

What is the significance of the high-grade intersections reported?

The high-grade intersections suggest strong mineralization potential and continuity at the Sunday Creek project.

What did Michael Hudson state regarding the drilling results?

Michael Hudson highlighted the continuity of mineralization and the potential for further discoveries as drilling progresses.