Mawson’s Subsidiary Southern Cross Gold Drills 119.2 metres @ 3.9 g/t AuEq at Sunday Creek, Victoria, Australia

Rhea-AI Summary

Mawson Gold reports significant drill results from its subsidiary Southern Cross Gold's Sunday Creek property in Victoria, Australia. The highlight is a drill hole SDDSC033 showing 119.2 m @ 3.9 g/t AuEq. High-grade intersections include 5.1 m @ 20.3 g/t AuEq and 2.3 m @ 32.0 g/t AuEq. Mawson holds a 60.3% stake in Southern Cross, which raised A$9.1 million in an IPO to fund a 24-month exploration program. Mawson's shares in Southern Cross are valued at approximately C$55.4 million, reflecting a 225% increase since the IPO.

Positive

• Drill hole SDDSC033 reported 119.2 m @ 3.9 g/t AuEq, indicating a strong mineral discovery.
• High-grade intersections include 5.1 m @ 20.3 g/t AuEq and 2.3 m @ 32.0 g/t AuEq.
• Mawson's stake in Southern Cross is now valued at ~C$55.4 million, a 225% increase post-IPO.

Negative

• None.

VANCOUVER, BC / ACCESSWIRE / May 30, 2022 / Mawson Gold Limited("Mawson" or the "Company") (TSX:MAW) (Frankfurt:MXR) (OTC PINK:MWSNF) reports that its majority-owned Australian subsidiary,Southern Cross Gold Ltd("SXG"), has reported an outstanding drill result from its 100% owned Sunday Creek property, Victoria, Australia. Mawson owns 60.3% of SXG following its recent initial public offering ("IPO") on the Australian Securities Exchange ("ASX").

Highlights for Mawson Shareholders:

• 119.2 m @ 3.9 g/t AuEq (3.2 g/t Au and 0.4% Sb) from 106.8 m in hole SDDSC033, including:
  • 64.0 m @ 3.0 g/t AuEq (2.7 g/t Au and 0.2% Sb) from 110.7 m
  • 39.0 m @ 6.8 g/t AuEq (5.2 g/t Au and 1.0% Sb) from 179.0 m
• Higher grade zones included:
  • 5.1 m @ 20.3 g/t AuEq (17.7 g/t Au and 1.6% Sb) from 160.5 m
  • 2.3 m @ 32.0 g/t AuEq (26.2 g/t Au and 3.7% Sb) from 184.0 m
  • 5.2 m @ 22.3 g/t AuEq (14.7 g/t Au and 4.8% Sb) from 189.9 m
• Follow up drilling to prioritize this zone. Assays from the last 3 pre-IPO drilled holes are pending.
• Mawson owns 60.3% of SXG, which raised A$9.1 million in SXG's recent IPO to fund an expected 24-month Victorian exploration program.

Mawson's share of SXG has a market capitalization of ~C$55.4 million based on SXG's 30^th May closing price of A$0.65 per share - up 225% on its previous close.

Ivan Fairhall, Mawson CEO, states: "This hole speaks for itself in terms of the quality of SXG's Sunday Creek discovery - a standout for both the project and the Victorian Goldfields in terms of width and grade - and the continuity observed augurs very well for the potential of the project.

Our holding in SXG very clearly strengthens Mawson's asset base and we are positioned extremely well as the majority shareholder in this exciting new gold exploration company. With assays pending from both Sunday Creek, as well as the maiden drill program at Skellefteå North in Sweden, Mawson shareholders enjoy considerable near term exploration catalysts to complement later stage economic studies, which are in progress at our 100% owned +1Moz AuEq inferred resource at Rajapalot in Finland."

Drill Hole Discussion

Southern Cross reports that Drill SDDSC033 was drilled to test a 120m gap between two mineralized shoots to the west of the Apollo shaft between drill hole VCRC007 (28 m @ 3.0 g/t Au and 0.2% Sb (3.3 g/t AuEq) from 62.0m) located 60 m up-plunge from SDDSC033 and MDDSC012 (10.4 m @ 5.4 g/t Au and 1.1% Sb (7.0 g/t AuEq) from 203.0m), located 40 m down-plunge.

Within SDDSC033, three mineralized shoots join to form a "blow out" of the mineralized zone within altered siltstones, dioritic dykes and dyke-related breccias. The host for mineralization is a zone of intensely altered white mica-pyritic siltstones, and white mica-pyrite-carbonate altered dyke rocks. As is typical for epizonal deposits like Fosterville and Costerfield, gold (sometimes visible) at Sunday Creek is hosted in quartz and carbonate veins, with a later intense stibnite-bearing vein and breccia overprint. A large arsenic anomaly is associated with the gold mineralization. The orientation of the Apollo Shoot(s) are approximately 80 degrees dip towards 020 degrees azimuth, correlating with the intersection of the sub-vertical 330 degree striking mineralised veins and the steep east-west striking, north dipping dioritic dyke and related intrusive breccia.

In summary SDDSC033 reported here intersected:

• 119.2 m @ 3.9 g/t AuEq (3.2 g/t Au and 0.4% Sb) from 106.8 m in hole SDDSC033 (0.1 g/t AuEq over 3 m lower cut), including
  • 64.0 m @ 3.0 g/t AuEq (2.7 g/t Au and 0.2% Sb) from 110.7 m
  • 39.0 m @ 6.8 g/t AuEq (5.2 g/t Au and 1.0% Sb) from 179.0 m
• Higher grade zones included:
  • 5.1 m @ 20.3 g/t AuEq (17.7 g/t Au and 1.6% Sb) from 160.5 m
  • 2.3 m @ 32.0 g/t AuEq (26.2 g/t Au and 3.7% Sb) from 184.0 m
  • 5.2 m @ 22.3 g/t AuEq (14.7 g/t Au and 4.8% Sb) from 189.9 m

A total of 8 high-grade intersections >30g/t Au were intersected, and these are:

• 0.3 m @ 120.6 g/t AuEq (119.5 g/t Au and 0.7% Sb) from 161.0 m
• 0.2 m @ 58.2 g/t AuEq (57.3 g/t Au and 0.6% Sb) from 161.5 m
• 0.1 m @ 45.4 g/t AuEq (34.3 g/t Au and 7.0% Sb) from 161.9 m
• 0.3 m @ 52.8 g/t AuEq (51.6 g/t Au and 0.8% Sb) from 165.3 m
• 0.9 m @ 41.8 g/t AuEq (35.4 g/t Au and 4.0% Sb) from 180.6 m
• 0.8 m @ 65.8 g/t AuEq (54.7 g/t Au and 7.0% Sb) from 184.0 m
• 0.8 m @ 58.2g/t AuEq (39.7 g/t Au and 11.7% Sb) from 192.2 m
• 0.8 m @ 58.2 g/t AuEq (38.4 g/t Au and 7.1% Sb) from 194.3 m

Sunday Creek now has thirteen (13) >100 AuEq g/t x m holes now intersected (Figure 1). Mineralization remains open at depth and along strike. A 10 km mineralized trend that extends beyond the drill area is defined by historic workings and soil sampling at Sunday Creek where exploration drilling has never been undertaken and offers potential future upside.

Southern Cross has continued to drill at Sunday Creek over the last three months during the IPO process, drilling 10 holes for 2,278m completed and one hole in progress. With seven holes assayed and reported (MDDSC027, SDDSC028-33), drill core from three further holes (SDD034-36) has been forwarded to the assay laboratory and geochemical assay results will be released as announcements to ASX after being received from the laboratory.

Figures 1-3 show plan, longitudinal and cross section views of drill results reported here and Tables 1-3 provide collar and assay data. The true thickness of the mineralised interval is interpreted to be approximately 60-70% of the sampled thickness. All drill results quoted have a lower cut of 0.3 g/t Au cut over a 2.0m width, with higher grades reported with a 5 g/t Au cut over 1.0m applied unless otherwise stated.

Additional information may be found in Southern Cross' news release dated May 30, 2022, and on its website at www.southerncrossgold.com.au.

Technical Background and Qualified Person

C$ conversions of A$ values completed at an exchange rate of 1.10.

The Qualified Person, Michael Hudson, Executive Chairman and a director of Mawson Gold, and a Fellow of the Australasian Institute of Mining and Metallurgy, has reviewed, verified and approved the technical contents of this release.

Analytical samples are transported to the Bendigo facility of On Site Laboratory Services ("On Site") 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 Southern Cross Gold consists of the systematic insertion of certified standards of known gold content, blanks within interpreted mineralized rock and quarter core duplicates. In addition, On Site inserts blanks and standards into the analytical process.

Gold equivalent "AuEq" for Sunday Creek is = 𝐴𝑢 (𝑔/𝑡) + 1.58 × 𝑆𝑏 (%) based on assumed prices of gold US$1,700/oz Au and antimony US$8,500/metal tonne, and total year metal recoveries of 93% for gold and 95% for antimony. Given the geological similarities of the projects, this formula has been adopted to align to TSX listed Mandalay Resources Ltd Technical Report dated 25 March 2022 on its Costerfield project, which is located 54 km from Sunday Creek and which historically processed mineralization from the property.

Gold equivalent "AuEq" for Rajapalot = Au+(Co/1005) based on assumed prices of cobalt US$23.07/lb and gold US$1,590/oz. Details of Mawson's Inferred Mineral Resource can be read in the Company's news release dated August 26, 2021.

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

Mawson Gold Limited is an exploration and development company with its flagship Rajapalot gold-cobalt project in Finland now entering technical study stages to de-risk its inferred resource and exploration growth program. Alongside ongoing exploration at Rajapalot, Mawson holds an option to earn up to 85% in the Skelleftea Gold Project in Sweden. Mawson also has a significant majority interest in the ownership or joint venture into three high-grade, historic epizonal goldfields covering 470 km² in Victoria, Australia, through Southern Cross Gold Ltd. ("Southern Cross"), which shares have successfully listed on the ASX. Mawson currently holds 60.3% ownership interest in Southern Cross. Mawson's holdings in Southern Cross are escrowed until May 16, 2024.

About Southern Cross Gold Ltd (ASX:SXG)

Southern Cross Gold holds the 100%-owned Sunday Creek project in Victoria and Mt Isa project in Queensland, the Redcastle and Whroo joint ventures in Victoria, Australia, and a strategic 10% holding in ASX-listed Nagambie Resources Limited (ASX:NAG) which grants Southern Cross a Right of First Refusal over a 3,300 square kilometre tenement package held by NAG in Victoria.

On behalf of the Board, "Ivan Fairhall" Ivan Fairhall, CEO

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, Mawson's expectations regarding its ownership interest in Southern Cross Gold, 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, risks related to negative publicity with respect to the Company or the mining industry in general; exploration potential being conceptual in nature, there being insufficient exploration to define a mineral resource on the Australian-projects owned by SXG, and uncertainty if further exploration will result in the determination of a mineral resource; 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: Location of the Sunday Creek project, along with SXG's other Victoria projects.

Figure 2: Sunday Creek plan view showing locations of drillholes for results reported in this announcement.

Figure 3: Sunday Creek cross section along the Apollo shoot looking towards 020 degrees showing continuity of wide and high-grade mineralization down to 335 metres vertically below surface.

Figure 4: Sunday Creek longitudinal section showing individual shoots defined to date and grad x width pierce points of drillholes. Broad arrows show indicative mineralized shoots. Greater than 100g/t AuEq * m intersections shown by red circles.

Table 1: Drill collar summary table for drillholes reported in this announcement.

Hole_ID	Hole Size	Depth (m)	Prospect	East	North	Elevation	Azimuth	Plunge
				GDA94_Z55	GDA94_Z55
SDDSC033	HQ	246.1	Apollo	331172	5867842	306.3	245	-51.5

Table 2: Tables of mineralized drill hole intersections reported in this announcement using two intersection criteria

5.0 g/t AuEq cutoff over a maximum of 1m

Hole_ID	From (m)	To (m)	Width (m)	Au g/t	Sb %	AuEq g/t
SDDSC033	118.5	119.0	0.5	9.3	0.6	10.2
SDDSC033	148.9	149.4	0.5	16.4	0.0	16.5
SDDSC033	151.0	153.5	2.5	5.8	0.2	6.2
SDDSC033	154.7	154.9	0.2	24.0	0.1	24.0
SDDSC033	160.5	165.6	5.1	17.7	1.6	20.3
SDDSC033	180.6	181.5	0.9	35.4	4.0	41.8
SDDSC033	184.0	186.3	2.3	26.2	3.7	32.0
SDDSC033	189.9	195.1	5.2	14.7	4.8	22.3

0.3 g/t lower cutoff over a maximum of 2m

Hole_ID	From (m)	To (m)	Width (m)	Au g/t	Sb %	AuEq g/t
SDDSC033	110.7	174.7	64.0	2.7	0.2	3.0
SDDSC033	179.0	218.0	39.0	5.2	1.0	6.8

0.1 g/t lower cutoff over a maximum of 3m

Hole_ID	from (m)	to (m)	Width (m)	Au g/t	Sb %	AuEq g/t
SDDSC033	106.8	226.0	119.2	3.2	0.4	3.9

Table 3: All individual assays reported from SDDSC033 in this announcement.

Hole_ID	from (m)	to (m)	Width (m)	Au g/t	Sb%
SDDSC033	5	6.0	1.0	0.02	0.00
SDDSC033	16	17.0	1.0	0.03	0.00
SDDSC033	17	18.0	1.0	0.04	0.04
SDDSC033	18	19.0	1.0	-0.01	0.00
SDDSC033	19	20.0	1.0	0.01	0.00
SDDSC033	20	21.0	1.0	-0.01	0.00
SDDSC033	21	22.0	1.0	-0.01	0.00
SDDSC033	28.8	29.8	1.0	0.01	0.00
SDDSC033	29.8	30.5	0.7	-0.01	0.00
SDDSC033	30.5	31.3	0.8	-0.01	0.00
SDDSC033	31.3	32.0	0.7	-0.01	0.00
SDDSC033	32	33.0	1.0	-0.01	0.00
SDDSC033	33	34.0	1.0	-0.01	0.00
SDDSC033	34	35.0	1.0	-0.01	0.00
SDDSC033	35	36.0	1.0	-0.01	0.00
SDDSC033	36	37.0	1.0	-0.01	0.00
SDDSC033	37	38.0	1.0	0.01	0.00
SDDSC033	38	39.0	1.0	-0.01	0.00
SDDSC033	39	40.0	1.0	-0.01	0.00
SDDSC033	40	41.0	1.0	-0.01	0.00
SDDSC033	41	42.5	1.5	-0.01	0.00
SDDSC033	42.5	43.1	0.6	-0.01	0.00
SDDSC033	43.1	44.1	1.0	-0.01	0.00
SDDSC033	47.5	49.0	1.5	0.01	0.00
SDDSC033	55	56.0	1.0	0.02	0.00
SDDSC033	56	57.0	1.0	0.01	0.00
SDDSC033	57	58.0	1.0	0.01	0.00
SDDSC033	58	59.0	1.0	0.03	0.00
SDDSC033	59	59.7	0.7	0.03	0.00
SDDSC033	59.7	60.6	0.9	0.36	0.01
SDDSC033	60.6	61.4	0.8	0.02	0.00
SDDSC033	61.4	62.1	0.7	0.83	0.02
SDDSC033	62.1	63.1	1.0	0.49	0.01
SDDSC033	63.1	64.0	0.9	0.01	0.00
SDDSC033	64	64.6	0.6	0.05	0.00
SDDSC033	64.6	65.5	0.9	0.01	0.01
SDDSC033	65.5	66.5	1.0	-0.01	0.00
SDDSC033	66.5	67.0	0.5	-0.01	0.00
SDDSC033	67	68.0	1.0	-0.01	0.00
SDDSC033	68	69.0	1.0	-0.01	0.00
SDDSC033	83	84.0	1.0	0.06	0.00
SDDSC033	84	85.0	1.0	0.06	0.00
SDDSC033	85	86.0	1.0	0.06	0.00
SDDSC033	86	87.0	1.0	0.04	0.00
SDDSC033	87	88.0	1.0	0.03	0.00
SDDSC033	88	89.0	1.0	0.01	0.00
SDDSC033	89	90.0	1.0	0.01	0.00
SDDSC033	90	91.0	1.0	0.01	0.00
SDDSC033	91	91.7	0.7	0.17	0.00
SDDSC033	91.7	92.6	0.9	0.01	0.00
SDDSC033	92.6	93.2	0.6	-0.01	0.00
SDDSC033	93.2	94.3	1.1	-0.01	0.00
SDDSC033	94.3	95.1	0.8	0.11	0.00
SDDSC033	95.1	95.5	0.4	-0.01	0.00
SDDSC033	95.5	96.3	0.8	-0.01	0.00
SDDSC033	96.3	97.0	0.7	-0.01	0.00
SDDSC033	97	98.0	1.0	-0.01	0.00
SDDSC033	98	98.9	0.9	-0.01	0.00
SDDSC033	98.9	99.3	0.4	0.04	0.00
SDDSC033	99.3	100.3	1.0	0.03	0.00
SDDSC033	100.3	101.0	0.7	0.08	0.00
SDDSC033	101	102.0	1.0	0.04	0.00
SDDSC033	102	102.8	0.8	0.09	0.00
SDDSC033	102.8	103.5	0.7	0.04	0.00
SDDSC033	103.5	104.5	1.0	0.09	0.00
SDDSC033	104.5	105.4	0.9	0.04	0.00
SDDSC033	105.4	106.1	0.7	0.03	0.00
SDDSC033	106.1	106.8	0.7	0.07	0.00
SDDSC033	106.8	107.8	1.0	0.19	0.00
SDDSC033	107.8	108.7	0.9	0.17	0.00
SDDSC033	108.7	109.7	1.0	0.19	0.00
SDDSC033	109.7	110.7	1.0	0.16	0.00
SDDSC033	110.7	111.1	0.4	0.38	0.00
SDDSC033	111.1	112.0	0.9	0.16	0.00
SDDSC033	112	113.0	1.0	0.07	0.00
SDDSC033	113	114.0	1.0	0.50	0.00
SDDSC033	114	115.0	1.0	0.29	0.17
SDDSC033	115	115.5	0.5	1.70	1.04
SDDSC033	115.5	116.5	1.0	0.38	0.02
SDDSC033	116.5	117.5	1.0	0.39	0.00
SDDSC033	117.5	118.5	1.0	1.00	0.05
SDDSC033	118.5	119.0	0.5	9.27	0.56
SDDSC033	119	120.0	1.0	0.79	0.01
SDDSC033	120	120.4	0.4	0.63	0.00
SDDSC033	120.4	120.8	0.4	0.77	0.00
SDDSC033	120.8	121.2	0.4	0.23	0.00
SDDSC033	121.2	121.9	0.7	0.50	0.00
SDDSC033	121.9	122.4	0.5	0.61	0.13
SDDSC033	122.4	122.8	0.4	0.89	0.78
SDDSC033	122.8	123.5	0.7	0.36	0.00
SDDSC033	123.5	124.5	1.0	0.66	0.00
SDDSC033	124.5	125.5	1.0	0.74	0.00
SDDSC033	125.5	126.4	0.9	0.46	0.01
SDDSC033	126.4	126.7	0.3	0.29	0.39
SDDSC033	126.7	128.7	2.0	0.60	0.01
SDDSC033	128.7	129.2	0.5	1.07	0.01
SDDSC033	129.2	129.5	0.3	0.51	0.00
SDDSC033	129.5	130.4	0.9	0.45	0.00
SDDSC033	130.4	131.3	0.9	0.77	0.01
SDDSC033	131.3	131.7	0.4	0.16	0.00
SDDSC033	131.7	132.6	0.9	0.60	0.00
SDDSC033	132.6	133.6	1.0	1.82	0.26
SDDSC033	133.6	134.5	0.9	0.80	0.01
SDDSC033	134.5	135.5	1.0	0.87	0.01
SDDSC033	135.5	136.5	1.0	0.62	0.00
SDDSC033	136.5	137.0	0.5	1.13	0.00
SDDSC033	137	137.5	0.5	0.13	0.00
SDDSC033	137.5	137.9	0.4	0.20	0.00
SDDSC033	137.9	138.3	0.4	1.46	0.00
SDDSC033	138.3	139.0	0.7	0.06	0.00
SDDSC033	139	139.6	0.6	0.29	0.01
SDDSC033	139.6	139.9	0.3	1.30	0.20
SDDSC033	139.9	140.2	0.3	0.30	0.00
SDDSC033	140.2	140.8	0.6	0.58	0.01
SDDSC033	140.8	141.5	0.7	0.60	0.01
SDDSC033	141.5	142.0	0.5	1.92	0.16
SDDSC033	142	143.0	1.0	0.57	0.00
SDDSC033	143	143.5	0.5	0.72	0.13
SDDSC033	143.5	144.0	0.5	1.41	0.12
SDDSC033	144	145.0	1.0	0.65	0.01
SDDSC033	145	146.0	1.0	0.69	0.01
SDDSC033	146	147.0	1.0	0.06	0.01
SDDSC033	147	148.0	1.0	0.18	0.01
SDDSC033	148	148.9	0.9	1.24	0.03
SDDSC033	148.9	149.4	0.5	16.40	0.04
SDDSC033	149.4	151.0	1.6	3.77	0.09
SDDSC033	151	151.2	0.2	7.09	0.04
SDDSC033	151.2	151.4	0.2	0.79	0.06
SDDSC033	151.35	152.0	0.7	2.22	0.51
SDDSC033	152	152.3	0.3	18.25	0.18
SDDSC033	152.3	152.9	0.6	1.95	0.09
SDDSC033	152.9	153.1	0.2	13.85	0.42
SDDSC033	153.05	153.5	0.5	6.38	0.01
SDDSC033	153.5	154.0	0.5	2.64	0.08
SDDSC033	154	154.4	0.4	2.26	0.20
SDDSC033	154.4	154.7	0.3	3.41	0.02
SDDSC033	154.7	154.9	0.2	23.95	0.06
SDDSC033	154.85	155.6	0.8	1.03	0.01
SDDSC033	155.6	155.9	0.3	1.25	0.01
SDDSC033	155.9	156.2	0.3	0.83	1.29
SDDSC033	156.2	157.0	0.8	1.04	0.03
SDDSC033	157	157.9	0.9	0.69	0.01
SDDSC033	157.9	158.5	0.6	2.40	0.27
SDDSC033	158.5	159.0	0.5	0.43	0.02
SDDSC033	159	159.5	0.5	3.49	0.03
SDDSC033	159.5	160.0	0.5	2.64	0.28
SDDSC033	160	160.5	0.5	2.40	0.14
SDDSC033	160.5	160.9	0.4	8.53	7.18
SDDSC033	160.85	161.0	0.2	16.90	0.03
SDDSC033	161	161.3	0.3	119.48	0.71
SDDSC033	161.3	161.5	0.2	13.90	0.92
SDDSC033	161.5	161.7	0.2	57.25	0.62
SDDSC033	161.7	161.9	0.2	10.22	1.96
SDDSC033	161.9	162.0	0.1	34.30	7.02
SDDSC033	162	162.7	0.7	2.15	0.50
SDDSC033	162.7	163.0	0.3	3.81	0.41
SDDSC033	163	163.5	0.5	13.00	2.06
SDDSC033	163.5	164.5	1.0	4.18	2.31
SDDSC033	164.5	165.3	0.8	0.63	0.01
SDDSC033	165.3	165.6	0.3	51.55	0.76
SDDSC033	165.6	166.5	0.9	1.15	0.20
SDDSC033	166.5	167.0	0.5	3.32	0.25
SDDSC033	167	167.8	0.8	0.26	0.00
SDDSC033	167.8	168.2	0.4	0.01	0.02
SDDSC033	168.2	169.0	0.8	0.24	0.01
SDDSC033	169	169.5	0.5	4.34	0.01
SDDSC033	169.5	170.6	1.1	0.41	0.02
SDDSC033	170.6	171.3	0.7	0.53	0.03
SDDSC033	171.3	171.9	0.6	0.47	0.01
SDDSC033	171.9	172.7	0.8	1.44	0.38
SDDSC033	172.7	173.2	0.5	3.80	0.08
SDDSC033	173.2	173.6	0.4	1.10	0.01
SDDSC033	173.6	174.7	1.1	0.47	0.01
SDDSC033	174.7	175.0	0.3	0.06	0.01
SDDSC033	175	175.5	0.5	0.03	0.01
SDDSC033	175.5	176.0	0.5	0.07	0.01
SDDSC033	176	177.0	1.0	0.11	0.01
SDDSC033	177	178.0	1.0	-0.01	0.00
SDDSC033	178	179.0	1.0	0.18	0.06
SDDSC033	179	179.9	0.9	0.75	0.03
SDDSC033	179.9	180.6	0.7	0.60	0.11
SDDSC033	180.6	181.5	0.9	35.40	4.03
SDDSC033	181.5	182.4	0.9	3.41	0.17
SDDSC033	182.4	183.1	0.7	2.24	0.05
SDDSC033	183.1	183.5	0.4	1.47	0.20
SDDSC033	183.5	184.0	0.5	1.55	0.11
SDDSC033	184	184.8	0.8	54.70	7.04
SDDSC033	184.8	185.5	0.7	18.00	0.50
SDDSC033	185.5	186.3	0.8	4.99	3.02
SDDSC033	186.3	186.9	0.6	1.64	0.24
SDDSC033	186.9	187.9	1.0	1.72	0.17
SDDSC033	187.9	188.9	1.0	0.54	0.01
SDDSC033	188.9	189.9	1.0	1.65	0.03
SDDSC033	189.9	190.9	1.0	4.72	3.07
SDDSC033	190.9	191.5	0.6	4.51	1.43
SDDSC033	191.5	192.2	0.7	4.40	8.40
SDDSC033	192.2	193.0	0.8	39.70	11.70
SDDSC033	193.0	194.0	1.0	1.81	0.06
SDDSC033	194.0	194.3	0.3	4.95	0.46
SDDSC033	194.3	195.1	0.8	38.35	7.12
SDDSC033	195.1	196.0	0.9	2.88	0.06
SDDSC033	196.0	196.4	0.4	2.82	0.11
SDDSC033	196.4	196.7	0.3	1.76	0.05
SDDSC033	196.7	197.4	0.7	1.10	0.01
SDDSC033	197.4	198.0	0.6	0.45	0.01
SDDSC033	198.0	199.0	1.0	0.17	0.00
SDDSC033	199.0	200.0	1.0	0.26	0.01
SDDSC033	200.0	201.0	1.0	0.76	0.00
SDDSC033	201.0	201.9	0.9	1.97	0.00
SDDSC033	201.9	202.9	1.0	1.34	0.01
SDDSC033	202.9	203.9	1.0	0.31	0.00
SDDSC033	203.9	205.2	1.3	0.32	0.01
SDDSC033	205.2	205.5	0.3	0.20	0.02
SDDSC033	205.5	206.0	0.5	0.23	0.01
SDDSC033	206.0	206.7	0.7	0.24	0.00
SDDSC033	206.7	207.7	1.0	1.48	0.00
SDDSC033	207.7	208.6	0.9	0.65	0.01
SDDSC033	208.6	209.6	1.0	2.93	0.01
SDDSC033	209.6	210.4	0.8	1.03	0.01
SDDSC033	210.4	211.5	1.1	1.73	0.01
SDDSC033	211.5	212.0	0.5	1.93	0.03
SDDSC033	212.0	213.0	1.0	0.72	0.03
SDDSC033	213.0	213.6	0.6	1.61	1.44
SDDSC033	213.6	214.0	0.4	0.01	0.01
SDDSC033	214.0	214.8	0.8	0.33	0.04
SDDSC033	214.8	215.4	0.6	0.05	0.03
SDDSC033	215.4	216.1	0.7	0.48	0.02
SDDSC033	216.1	217.0	0.9	0.11	0.01
SDDSC033	217.0	218.0	1.0	0.32	1.36
SDDSC033	218.0	219.0	1.0	0.01	0.06
SDDSC033	219.0	220.0	1.0	0.25	0.01
SDDSC033	220.0	221.0	1.0	-0.01	0.00
SDDSC033	221.0	222.0	1.0	-0.01	0.01
SDDSC033	222.0	223.0	1.0	-0.01	0.01
SDDSC033	223.0	224.0	1.0	0.26	0.00
SDDSC033	224.0	225.0	1.0	0.13	0.11
SDDSC033	225.0	226.0	1.0	0.14	0.02
SDDSC033	226.0	227.0	1.0	0.02	0.01
SDDSC033	227.0	227.9	0.9	-0.01	0.01
SDDSC033	227.9	228.7	0.8	0.01	0.00
SDDSC033	228.7	229.5	0.8	0.04	0.01
SDDSC033	229.5	230.4	0.9	0.03	0.01
SDDSC033	230.4	231.0	0.6	0.52	0.00
SDDSC033	231.0	232.0	1.0	0.20	0.00
SDDSC033	232.0	232.9	0.9	0.03	0.00
SDDSC033	232.9	233.7	0.8	0.01	0.01

SOURCE: Mawson Gold Limited

View source version on accesswire.com:
https://www.accesswire.com/703206/Mawsons-Subsidiary-Southern-Cross-Gold-Drills-1192-metres-39-gt-AuEq-at-Sunday-Creek-Victoria-Australia

FAQ

What were the drill results reported by Mawson Gold for the MWSNF stock?

Mawson Gold reported drill hole SDDSC033 yielding 119.2 m @ 3.9 g/t AuEq, including high-grade sections.

When was the IPO of Southern Cross Gold and how much was raised?

Southern Cross Gold raised A$9.1 million in its IPO on May 30, 2022.

What is the current market capitalization of Mawson Gold's shares in Southern Cross Gold?

Mawson Gold's shares in Southern Cross Gold have a market capitalization of approximately C$55.4 million.

What is the significance of the drill hole SDDSC033 results for MWSNF shareholders?

The positive results from drill hole SDDSC033 suggest strong potential for gold discovery at the Sunday Creek property, benefiting MWSNF shareholders.