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SXG Confirms New 135-Metre-Wide Gold-Antimony Discovery Below the Golden Dyke Historic Mine

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Mawson Gold announces a significant new gold-antimony discovery by Southern Cross Gold at the Sunday Creek Project in Victoria, Australia. The discovery, made 100-150m below the Golden Dyke historic mine, revealed seven high-grade vein sets over a 230m downhole interval, including assays up to 124g/t gold and 31.5% antimony. Key intercepts include:

  • 11.9m @ 5.3 g/t AuEq
  • 12.6m @ 8.0 g/t AuEq
  • 8.7m @ 4.6 g/t AuEq

SDDSC130, the first of several planned drill holes, remains open in multiple directions. Mawson owns 48.7% of SXG, valuing its stake at A$252.1 million. The discovery expands the mineralized system at Sunday Creek, with more drilling planned. The high antimony content is significant given China's recent export restrictions on the metal, potentially benefiting SXG's market position.

Mawson Gold annuncia una significativa nuova scoperta di oro-antimonio da parte di Southern Cross Gold presso il Progetto Sunday Creek in Victoria, Australia. La scoperta, effettuata a 100-150 metri sotto la storica miniera Golden Dyke, ha rivelato sette set di vene ad alto grado su un intervallo di perforazione di 230 metri, inclusi assaggi fino a 124g/t di oro e 31,5% di antimonio. I principali intercettamenti includono:

  • 11,9m @ 5,3 g/t AuEq
  • 12,6m @ 8,0 g/t AuEq
  • 8,7m @ 4,6 g/t AuEq

SDDSC130, il primo di diversi fori di perforazione pianificati, rimane aperto in più direzioni. Mawson possiede il 48,7% di SXG, valutando la sua partecipazione a 252,1 milioni di dollari australiani. La scoperta espande il sistema mineralizzato a Sunday Creek, con ulteriori perforazioni pianificate. L'alta percentuale di antimonio è significativa, date le recenti restrizioni alle esportazioni della Cina sul metallo, potenzialmente a beneficio della posizione di mercato di SXG.

Mawson Gold anuncia un importante nuevo descubrimiento de oro-antimonio por parte de Southern Cross Gold en el Proyecto Sunday Creek en Victoria, Australia. El descubrimiento, realizado a 100-150 metros por debajo de la histórica mina Golden Dyke, reveló siete conjuntos de vetas de alta ley en un intervalo de perforación de 230 metros, incluyendo ensayos de hasta 124g/t de oro y 31.5% de antimonio. Los principales interceptos incluyen:

  • 11.9m @ 5.3 g/t AuEq
  • 12.6m @ 8.0 g/t AuEq
  • 8.7m @ 4.6 g/t AuEq

SDDSC130, el primero de varios agujeros de perforación planeados, permanece abierto en múltiples direcciones. Mawson posee el 48.7% de SXG, valorando su participación en 252.1 millones de dólares australianos. El descubrimiento expande el sistema mineralizado en Sunday Creek, con más perforaciones planeadas. El alto contenido de antimonio es significativo, dadas las recientes restricciones a la exportación de China sobre el metal, lo que podría favorecer la posición de mercado de SXG.

마우슨 골드는 호주 빅토리아의 선데이 크리크 프로젝트에서 서던 크로스 골드가 시행한 중요 금-안티몬 발견을 발표했습니다. 이 발견은 역사적인 골든 다이크 광산에서 100~150미터 아래에서 이루어졌으며, 230미터의 샘플링 구간에서 7개의 고품위 vein이 나타났고, 샘플 분석 결과는 최대 124g/t 금과 31.5% 안티몬에 달했습니다. 주요 취득 내용은 다음과 같습니다:

  • 11.9m @ 5.3 g/t AuEq
  • 12.6m @ 8.0 g/t AuEq
  • 8.7m @ 4.6 g/t AuEq

SDDSC130은 계획된 여러 구멍 중 첫 번째이며, 여러 방향으로 열려 있습니다. 마우슨은 SXG의 48.7%를 보유하고 있으며, 그 지분 가치는 2억 5,210만 호주 달러에 달합니다. 이 발견은 선데이 크리크에서 광물화 시스템을 확장하며, 추가 시추가 계획되어 있습니다. 높은 안티몬 함량은 최근 중국의 금속 수출 제한을 고려할 때 중요하며, SXG의 시장 위치에 긍정적인 영향을 미칠 것입니다.

Mawson Gold annonce une importante nouvelle découverte d'or-antimoine par Southern Cross Gold au projet Sunday Creek dans l'État de Victoria, Australie. La découverte, réalisée à 100-150 mètres sous la mine historique de Golden Dyke, a révélé sept ensembles de veines de haute qualité sur un intervalle de forage de 230 mètres, incluant des analyses allant jusqu'à 124g/t d'or et 31,5% d'antimoine. Les principaux intercepts incluent :

  • 11,9m @ 5,3 g/t AuEq
  • 12,6m @ 8,0 g/t AuEq
  • 8,7m @ 4,6 g/t AuEq

SDDSC130, le premier de plusieurs trous de forage prévus, reste ouvert dans plusieurs directions. Mawson détient 48,7% de SXG, évaluant sa participation à 252,1 millions de dollars australiens. La découverte étend le système minéralisé à Sunday Creek, avec d'autres forages prévus. La forte teneur en antimoine est significative compte tenu des récentes restrictions à l'exportation de la Chine sur le métal, ce qui pourrait bénéficier à la position de marché de SXG.

Mawson Gold kündigt eine bedeutende neue Gold-Antimon-Entdeckung durch Southern Cross Gold im Sunday Creek Projekt in Victoria, Australien, an. Die Entdeckung wurde 100-150 Meter unterhalb der historischen Goldenen Dyke Mine gemacht und enthüllte sieben hochgradige Vensets über einen Bohrintervall von 230 Metern, einschließlich Analysen von bis zu 124g/t Gold und 31,5% Antimon. Wichtige Treffer beinhalten:

  • 11,9m @ 5,3 g/t AuEq
  • 12,6m @ 8,0 g/t AuEq
  • 8,7m @ 4,6 g/t AuEq

SDDSC130, das erste von mehreren geplanten Bohrlöchern, bleibt in mehrere Richtungen geöffnet. Mawson besitzt 48,7% von SXG, was seinen Anteil auf 252,1 Millionen australische Dollar bewertet. Die Entdeckung erweitert das mineralisierte System im Sunday Creek, mit weiteren Bohrungen in Planung. Der hohe Antimongehalt ist angesichts der jüngsten Exportbeschränkungen Chinas für das Metall von Bedeutung und könnte die Marktposition von SXG begünstigen.

Positive
  • Discovery of new gold-antimony body at Sunday Creek.
  • High-grade intercepts: 11.9m @ 5.3 g/t AuEq, 12.6m @ 8.0 g/t AuEq, 8.7m @ 4.6 g/t AuEq.
  • Significant SXG stake valued at A$252.1 million.
  • Potential benefit from rising antimony prices due to Chinese export restrictions.
Negative
  • SDDSC130 remains open indicating ongoing exploration risks.
  • Pending results from additional holes could influence outcomes.

Includes 11.9 m @ 5.3 g/t AuEq, 12.6 m @ 8.0 g/t AuEq and 8.7 m @ 4.6 g/t AuEq

VANCOUVER, BC / ACCESSWIRE / September 5, 2024 / Mawson Gold Limited ("Mawson" or the "Company") (TSXV:MAW)(Frankfurt:MXR)(OTC PINK:MWSNF) announces Southern Cross Gold Ltd. ("Southern Cross Gold" or "SXG") has released a new and large gold-antimony discovery drilled 100 m - 150 m below the largest historic mine at the 100%-owned Sunday Creek Gold-Antimony Project in Victoria, Australia (Figure 5).

Highlights:

  • SDDSC130, reported here, shows the development of a third large, mineralized body developing beneath the most prolific historic mine at Sunday Creek. The new discovery is located 260 m and 600 m west, respectively of the Rising Sun and Apollo mineralized bodies modelled in the Company's January 2024 Exploration Target.

  • SDDSC130 drilled seven high-grade vein sets over a 230 m down hole interval (135 m estimated true width ("ETW") below the most productive Golden Dyke historic mining area at Sunday Creek. The hole included ten occurrences of visible gold, nine assayed intervals of > 20 g/t Au (up to 124 g/t Au) and ten assayed intervals of > 5% Sb (up to 31.5% Sb).

  • Broad downhole intercepts (no lower cut) included 214.4 m @ 1.3 g/t AuEq (1.1 g/t Au, 0.1% Sb) from 320.4 m including 94.5 m @ 2.3 g/t AuEq (1.5 g/t Au, 0.4% Sb) from 419.1 m. Selected highlights include (Figures 1 and 2).

    • 11.9 m @ 5.3 g/t AuEq (4.7 g/t Au, 0.4% Sb) from 357.7 m, including:

      • 0.2 m @ 54.7 g/t AuEq (44.2 g/t Au, 5.6% Sb) from 358.3 m

      • 3.8 m @ 10.7 g/t AuEq (9.8 g/t Au, 0.5% Sb) from 359.8 m

    • 12.6 m @ 8.0 g/t AuEq (5.8 g/t Au, 1.2% Sb) from 419.1 m, including:

      • 1.1 m @ 7.4 g/t AuEq (5.4 g/t Au, 1.0% Sb) from 420.7 m

      • 1.5 m @ 8.5 g/t AuEq (7.7 g/t Au, 0.4% Sb) from 425.7 m

      • 0.9 m @ 75.8 g/t AuEq (56.2 g/t Au, 10.4% Sb) from 429.7 m

    • 8.7 m @ 4.6 g/t AuEq (2.3 g/t Au, 1.3% Sb) from 498.8 m, including:

      • 0.2 m @ 25.0 g/t AuEq (20.9 g/t Au, 2.2% Sb) from 498.8 m

      • 1.2 m @ 17.1 g/t AuEq (7.6 g/t Au, 5.0% Sb) from 500.7 m

      • 1.1 m @ 5.7 g/t AuEq (2.3 g/t Au, 1.8% Sb) from 505.3 m

  • SDDSC130 remains open in an up and down dip sense and is the first hole of several east to west trending holes (SDDSC132, 138, 141) to test beneath the Golden Dyke mine area. Nineteen holes are currently being processed and analyzed with an additional five holes in progress.

  • Mawson owns 96,590,910 shares of SXG (48.7%), valuing its stake at A$252.1 million (C$229.6 million) based on SXG's closing price on September 4, 2024 AEST.

Michael Hudson, Mawson Interim CEO and Executive Chairman, states: "Game on! The scale of the Sunday Creek gold-antimony system continues to grow impressively. This new discovery is located 260 m and 600 m west respectively of the Rising Sun and Apollo mineralized bodies. The expanding Sunday Creek system coupled with the 60 km of diamond drilling planned over the next year means we are well on our way to meet our aim to double the size of the Sunday Creek exploration target. Golden Dyke now joins Rising Sun and Apollo as the third high-grade mineralized domain in this exciting project.

"Our team's systematic drill approach led us to the new discovery, after we targeted the main dyke breccia host structure (the "rails" of the ladder) by N-S drilling, as previously reported in drillholes SDDSC125-126. Quickly, we were then able to drill SDDSC130, the first drill hole in an E-W orientation beneath the historic Golden Dyke mine, that intersected seven high-grade vein sets (the "rungs" of the ladder) at a high angle, over 230 m down hole interval (135 m ETW).

"The mineralization intersected in SDDSC130 remains open both up and down dip, as well as 500 m to the west towards the historic Christina mine where we have five drill holes pending results. Three additional E-W holes (SDDSC132, 138, 141 - Figures 1 and 2) have been completed, or in progress below Golden Dyke, with results pending. Given this discovery, the Company has already planned a significant number of further holes under Golden Dyke."

Drill Hole Discussion

SDDSC130 is the first hole at Golden Dyke to drill parallel to and within the dyke/breccia host structure (the ladder "rails") and at a high angle to mineralized veins (the ladder "rungs"). The hole was successful and overall intercepted eight high-grade vein sets. Beneath the historic Golden Dyke mine, seven high-grade vein sets were intersected over 230 m down hole interval (135 m ETW). The hole included ten occurrences of visible gold, nine assayed intervals of > 20 g/t Au (up to 124 g/t Au) and ten assayed intervals of > 5% Sb (up to 31.5% Sb).

Broad downhole intercepts (no lower cut) included 214.4 m @ 1.3 g/t AuEq (1.1 g/t Au, 0.1% Sb) from 320.4 m including 94.5 m @ 2.3 g/t AuEq (1.5 g/t Au, 0.4% Sb) from 419.1 m.

The hole provided a 100 m down dip extension to three existing vein sets, infill information for three vein sets in addition to two new vein sets (Figures 2 and 3). This drill hole displayed similarities in mineralization style to that of analogous holes in the upper portion of Rising Sun, demonstrating Golden Dyke is the third known significant mineralized body on the project. Further drilling in a similar orientation (parallel to the ladder ‘rails' - SDDSC132, 138, 141) (Figures 2 and 3) will continue to provide information about the size and extent of mineralized shapes at depth.

This hole occurs in the geological upper portion of the mineralized system, indicated by the presence of brittle structures, open space breccias and mineralized veins, with abundant massive stibnite occurring in quartz-carbonate veins. While the grade tenor of SDDSC130 is considered significant, analogues at Rising Sun and Apollo have shown that the tenor of gold mineralization is likely to increase with depth. SDDSC130 also provided an exceptional example of continuity and width of mineralized structures at Sunday Creek, with 11.9 m @ 5.3 g/t AuEq (4.7 g/t Au, 0.4% Sb) from 357.7 m occurring 82 m down plunge of SDDSC049 (9.6 m @ 14.1 g/t AuEq (9.2 g/t Au, 2.6% Sb) - November 8, 2022) and being interpreted as a continuous vein set. Extended highlights include:

  • 0.7 m @ 49.7 g/t AuEq (49.7 g/t Au, 0.0% Sb) from 133.4 m

  • 3.1 m @ 4.7 g/t AuEq (1.3 g/t Au, 1.8% Sb) from 329.3 m, including:

    • 1.3 m @ 8.8 g/t AuEq (2.1 g/t Au, 3.6% Sb) from 329.3 m

    • 3.7 m @ 0.7 g/t AuEq (0.6 g/t Au, 0.1% Sb) from 334.3 m

    • 1.3 m @ 2.5 g/t AuEq (0.9 g/t Au, 0.9% Sb) from 342.5 m

    • 11.9 m @ 5.3 g/t AuEq (4.7 g/t Au, 0.4% Sb) from 357.7 m, including:

      • 0.2 m @ 54.7 g/t AuEq (44.2 g/t Au, 5.6% Sb) from 358.3 m

      • 3.8 m @ 10.7 g/t AuEq (9.8 g/t Au, 0.5% Sb) from 359.8 m

    • 2.1 m @ 2.1 g/t AuEq (1.6 g/t Au, 0.3% Sb) from 372.0 m

    • 1.9 m @ 2.2 g/t AuEq (1.6 g/t Au, 0.3% Sb) from 377.0 m, including:

      • 0.3 m @ 8.4 g/t AuEq (8.3 g/t Au, 0.1% Sb) from 378.7 m

    • 4.3 m @ 1.3 g/t AuEq (1.1 g/t Au, 0.1% Sb) from 387.6 m

    • 1.3 m @ 5.8 g/t AuEq (2.1 g/t Au, 2.0% Sb) from 399.2 m

    • 12.6 m @ 8.0 g/t AuEq (5.8 g/t Au, 1.2% Sb) from 419.1 m, including:

      • 1.1 m @ 7.4 g/t AuEq (5.4 g/t Au, 1.0% Sb) from 420.7 m

      • 1.5 m @ 8.5 g/t AuEq (7.7 g/t Au, 0.4% Sb) from 425.7 m

      • 0.9 m @ 75.8 g/t AuEq (56.2 g/t Au, 10.4% Sb) from 429.7 m

    • 0.4 m @ 21.8 g/t AuEq (13.0 g/t Au, 4.7% Sb) from 446.2 m

    • 1.1 m @ 2.2 g/t AuEq (2.1 g/t Au, 0.0% Sb) from 461.3 m

    • 5.8 m @ 5.1 g/t AuEq (1.9 g/t Au, 1.7% Sb) from 479.2 m, including:

      • 0.1 m @ 20.0 g/t AuEq (2.3 g/t Au, 9.4% Sb) from 479.2 m

      • 0.2 m @ 26.9 g/t AuEq (17.3 g/t Au, 5.1% Sb) from 480.8 m

      • 0.7 m @ 23.2 g/t AuEq (4.1 g/t Au, 10.2% Sb) from 484.2 m

    • 8.7 m @ 4.6 g/t AuEq (2.3 g/t Au, 1.3% Sb) from 498.8 m, including:

      • 0.2 m @ 25.0 g/t AuEq (20.9 g/t Au, 2.2% Sb) from 498.8 m

      • 1.2 m @ 17.1 g/t AuEq (7.6 g/t Au, 5.0% Sb) from 500.7 m

      • 1.1 m @ 5.7 g/t AuEq (2.3 g/t Au, 1.8% Sb) from 505.3 m

    • 1.0 m @ 19.8 g/t AuEq (19.1 g/t Au, 0.4% Sb) from 512.6 m, including:

      • 0.3 m @ 65.9 g/t AuEq (65.2 g/t Au, 0.4% Sb) from 513.3 m

    • 3.1 m @ 0.8 g/t AuEq (0.7 g/t Au, 0.1% Sb) from 530.3 m

Pending Results and Update

SDDSC130 is the first hole of several east to west trending holes (SDDSC132, 138, 141) in a program to further test and understand the breadth of mineralization at Golden Dyke by utilising structural controls provided by the previously announced drill holes SDDSC125 and SDDSC126 (August 27, 2024).

Nineteen holes (SDDSC123-124, 127-128, 131-140, 137W1, 140, 050W1, 050W2, 092W1) are currently being processed and analyzed, with five holes (SDDSC129, 137W2, 141, 143, 092W2) in progress (Figure 1 and Figure 2).

Exploration Target

On January 23, 2024, SXG announced the maiden gold and antimony Exploration Target at its flagship 100%-owned Sunday Creek Project in Victoria, Australia. The Exploration Target ranges reported are shown in Table 1. Notably, the Exploration Target was constrained to the current drill footprint at Apollo and Rising Sun as they contain sufficient drilling to determine continuity and infer grade ranges. This represents approximately one third to one half the strike of the main drill area and significant potential exists to increase the size of the exploration target with high grade drill results drilled for up to 450 m beyond the Exploration Target area. Drilling since January has significantly expanded the footprint of mineralization beyond the bounds of the exploration target area, especially including SDDSC130 announced in this press release (Figure 2).

Table 1. Sunday Creek Exploration Target for Apollo and Rising Sun at the Sunday Creek Project

Range

Tonnes (Mt)

AuEq g/t*

Au g/t

Sb %

Au Eq (Moz)

Au (Moz)

Sb (kt)

Lower Case

4.4

7.2

5.3

1.2

1.0

0.74

53.5

Upper Case

5.1

9.7

7.8

1.2

1.6

1.28

62.8

The potential quantity and grade of the Exploration Target is conceptual in nature and therefore is an approximation. There has been insufficient exploration to estimate a Mineral Resource and it is uncertain if further exploration will result in the estimation of a Mineral Resource. The Exploration Target has been prepared and reported in accordance with the 2012 edition of the JORC Code.

Further Information

Further discussion and analysis of the Sunday Creek project by Southern Cross Gold is available on the SXG website at www.southerncrossgold.com.au.

No upper gold grade cut is applied in the averaging and intervals are reported as drill thickness. During future Mineral Resource studies, the requirement for assay top cutting will be assessed.

Figures 1 to 5 show project location, plan and longitudinal views of drill results reported here and Tables 2 to 4 provide collar and assay data. The true thickness of the mineralized intervals reported individually as estimated true widths ("ETW"), otherwise they are interpreted to be approximately 40% to 70% of the sampled thickness for other reported holes. Lower grades were cut at 1.0 g/t AuEq lower cutoff over a maximum width of 2 m with higher grades cut at 5.0 g/t AuEq lower cutoff over a maximum of 1 m width unless specified.

Critical Metal Epizonal Gold-Antimony Deposits

Sunday Creek is an epizonal gold-antimony deposit formed in the late Devonian (like Fosterville, Costerfield and Redcastle), 60 million years later than mesozonal gold systems formed in Victoria (for example Ballarat and Bendigo). Epizonal deposits are a form of orogenic gold deposit classified according to their depth of formation: epizonal (<6 km), mesozonal (6-12 km) and hypozonal (>12 km).

Epizonal deposits in Victoria often have associated high levels of the critical metal, antimony, and Sunday Creek is no exception. China claims a 56 per cent share of global mined supplies of antimony, according to a 2023 European Union study. Antimony features highly on the critical minerals lists of many countries including Australia, the United States of America, Canada, Japan and the European Union. Australia ranks seventh for antimony production despite all production coming from a single mine at Costerfield in Victoria, located nearby to all SXG projects. Antimony alloys with lead and tin which results in improved properties for solders, munitions, bearings and batteries. Antimony is a prominent additive for halogen-containing flame retardants. Adequate supplies of antimony are critical to the world's energy transition, and to the high-tech industry, especially the semi-conductor and defence sectors where it is a critical additive to primers in munitions.

In August 2024, the Chinese government announced it will place export limits on antimony and antimony products. This will put pressure on Western defence supply chains and negatively affect the supply of the metal and push up pricing given China's dominance of the supply of the metal in the global markets. This is positive for SXG as we are likely to have one of the very few large and high-quality projects of antimony in the western world that can feed western demand into the future.

Antimony represents approximately 20% in situ recoverable value of Sunday Creek at an AuEq of 1.88.

Technical Background and Qualified Person

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.

MAW considers that both gold and antimony that are included in the gold equivalent calculation ("AuEq") have reasonable potential to be recovered at Sunday Creek, given current geochemical understanding, historic production statistics and geologically analogous mining operations. Historically, ore from Sunday Creek was treated onsite or shipped to the Costerfield mine, located 54 km to the northwest of the project, for processing during WW1. The Costerfield mine corridor, now owned by Mandalay Resources Ltd contains two million ounces of equivalent gold (Mandalay Q3 2021 Results), and in 2020 was the sixth highest-grade global underground mine and a top 5 global producer of antimony.

MAW considers that it is appropriate to adopt the same gold equivalent variables as Mandalay Resources Ltd in its Mandalay Technical Report, 2024 dated March 28, 2024. The gold equivalence formula used by Mandalay Resources was calculated using Costerfield's 2023 production costs, using a gold price of US$1,900 per ounce, an antimony price of US$12,000 per tonne and 2023 total year metal recoveries of 94% for gold and 89% for antimony, and is as follows:

𝐴𝑢𝐸𝑞 = 𝐴𝑢 (𝑔/𝑡) + 1.88 × 𝑆𝑏 (%).

Based on the latest Costerfield calculation and given the similar geological styles and historic toll treatment of Sunday Creek mineralization at Costerfield, SXG considers that a 𝐴𝑢𝐸𝑞 = 𝐴𝑢 (𝑔/𝑡) + 1.88 × 𝑆𝑏 (%) is appropriate to use for the initial exploration targeting of gold-antimony mineralization at Sunday Creek.

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

Mawson Gold Limited has distinguished itself as a leading Nordic exploration company. Over the last decades, the team behind Mawson has forged a long and successful record of discovering, financing, and advancing mineral projects in the Nordics and Australia. Mawson holds the Skellefteå North gold discovery and a portfolio of historic uranium resources in Sweden. Mawson also holds 49% of Southern Cross Gold Ltd. (ASX: SXG) which owns or controls two high-grade, historic epizonal goldfields in Victoria, Australia, including the exciting Sunday Creek Au-Sb discovery.

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 joint venture in Victoria, Australia, and a strategic 6.7% holding in ASX-listed Nagambie Resources Limited (ASX:NAG) which grants SXG a Right of First Refusal over a 3,300 square kilometer tenement package held by NAG in Victoria.

On behalf of the Board,

"Michael Hudson"
Michael Hudson, Interim CEO and 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, 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 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. 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: Sunday Creek plan view showing selected results from hole SDDSC130 reported here (blue highlighted box, black trace), with selected prior reported drill holes and pending holes.

Figure 2: Sunday Creek longitudinal section across A-B in the plane of the dyke breccia/altered sediment host looking towards the north (striking 236 degrees) showing mineralized veins sets. Showing hole SDDSC130 reported here (blue highlighted box, black trace), with selected intersections and prior reported drill holes. The vertical extents of the vein sets are limited by proximity to drill hole pierce points. For location refer to Figure 1 and zoom of section C-D shown in Figure 3.

Figure 3: Sunday Creek cropped longitudinal section across C-D in the plane of the dyke breccia/altered sediment host looking towards the north (striking 236 degrees) showing mineralized veins sets. Showing hole SDDSC130 reported here (blue highlighted box, black trace), with selected intersections and prior reported drill holes. For location refer to Figure 2.

Figure 4: Sunday Creek regional plan view showing LiDAR, soil sampling, structural framework, regional historic epizonal gold mining areas and broad regional areas (Tonstal, Consols and Leviathan) tested by 12 holes for 2,383 m drill program. The regional drill areas are at Tonstal, Consols and Leviathan located 4,000-7,500 m along strike from the main drill area at Golden Dyke- Apollo.

Figure 5: Location of the Sunday Creek project, along with the Redcastle JV and simplified geology.

Table 2: Drill collar summary table for recent drill holes in progress.

Hole_ID

Depth (m)

Prospect

East GDA94_Z55

North GDA94_Z55

Elevation

Azimuth

Plunge

SDDSC116

682.6

Rising Sun

331465

5867865

333.3

272.5

-41.5

SDDSC117

1101

Rising Sun

330510

5867852

296.5

70.5

-64.5

SDDSC118

1246

Rising Sun

330464

5867912

286.6

80

-64.5

SDDSC119

854.1

Apollo

331498

5867858

336.7

272.5

-45.2

SDDSC120

1022.5

Rising Sun

331110

5867976

319.5

266.5

-55

SDDSC121

588.7

Rising Sun

330510

5867852

296.6

72

-63

SDDSC122

889.89

Rising Sun

330338

5867860

267.7

74

-62

SDDSC114W1

625.1

Rising Sun

330464

5867914

286.6

82

-58

SDDSC119W1

643

Apollo

331498

5867858

336.7

272.5

-45.2

SDDSC123

124.3

Apollo

331499

5867859

337

276

-52

SDDSC124

969.3

Apollo

331499

5867859

337

274

-52.2

SDDSC121W1

953.4

Rising Sun

330510

5867852

296.6

72

-63.8

SDDSC125

551.7

Golden Dyke

330462

5867920

285.6

212

-68

SDDSC126

941.4

Rising Sun

330815

5867599

295.7

321.6

-54

SDDSC122W1

1007.8

Rising Sun

330338

5867860

276.5

72

-61.4

SDDSC050W1

797.1

Rising Sun

330539

5867885

295.3

77

-63

SDDSC127

483.2

Apollo

331498

5867858

336.9

271.3

-43.3

SDDSC128

745.1

Apollo

331465

5867867

333.1

272.6

-43.3

SDDSC129

In progress plan 1200 m

Rising Sun

330388

5867860

276.5

77.3

-57.3

SDDSC092W1

767

Rising Sun

330537.2

5867882.6

295.5

82.2

-61.1

SDDSC130

614

Golden Dyke

330777

5867891

295.9

255

-42

SDDSC050W2

789.4

Rising Sun

330539

5867885

295.3

77

-63

SDDSC131

179.6

Christina

330081

5867609

273.1

284

-47

SDDSC132

740.7

Golden Dyke

330776.9

5867890.5

295.9

261.5

-50

SDDSC133

347.2

Apollo East

331380

5867740

335

8

-42

SDDSC134

230.9

Christina

330080.9

5867609.3

273.1

302.5

-61.5

SDDSC135

182.4

Christina

330080.9

5867609.3

273.1

342.5

-51

SDDSC136

349

Apollo East

331380

5867740

335

329

-41

SDDSC137

299.7

Christina

330080.9

5867609.3

273

40

-62

SDDSC138

518

Golden Dyke

330776.9

5867890.5

296

250

-36

SDDSC139

469.2

Apollo East

331465.4

5867865.1

333.2

267

-37.4

SDDSC140

349.9

Christina

330080.9

5867609.3

273.1

8.9

-70.2

SDDSC092W2

In progress plan 781 m

Rising Sun

330537.2

5867882.6

295.5

82.2

-61.1

SDDSC137W1

199.5

Christina

330074.9

5867612.4

273.6

41

-61.9

SDDSC137W2

In progress plan 222 m

Christina

330074.9

5867612.4

273.6

41

-61.9

SDDSC141

In progress plan 1020 m

Golden Dyke

330809

5867842

301

271.5

-53

SDDSC143

In progress plan 700 m

Apollo

331464.1

5867864.9

332.9

270.3

-39.1

Table 3: Table of mineralized drill hole intersections reported from SDDSC130 using two cutoff criteria. Lower grades cut at 1.0 g/t AuEq lower cutoff over a maximum of 2 m with higher grades cut at 5.0 g/t AuEq cutoff over a maximum of 1 m.

Hole-ID

From (m)

To (m)

Length (m)

Au g/t

Sb %

AuEq g/t

SDDSC130

133.4

134.05

0.65

49.7

0.0

49.7

SDDSC130

329.33

332.45

3.12

1.3

1.8

4.7

Including

329.33

330.65

1.32

2.1

3.6

8.8

SDDSC130

334.32

338

3.68

0.6

0.1

0.7

SDDSC130

342.51

343.77

1.26

0.9

0.9

2.5

SDDSC130

357.72

369.6

11.88

4.7

0.4

5.3

Including

358.33

358.54

0.21

44.2

5.6

54.7

Including

359.79

363.6

3.81

9.8

0.5

10.7

SDDSC130

371.95

374.06

2.11

1.6

0.3

2.1

SDDSC130

376.95

378.9

1.95

1.6

0.3

2.2

Including

378.65

378.9

0.25

8.3

0.1

8.4

SDDSC130

387.55

391.9

4.35

1.1

0.1

1.3

SDDSC130

399.22

400.55

1.33

2.1

2.0

5.8

SDDSC130

419.06

431.66

12.6

5.8

1.2

8.0

Including

420.7

421.84

1.14

5.4

1.0

7.4

Including

425.66

427.14

1.48

7.7

0.4

8.5

Including

429.65

430.51

0.86

56.2

10.4

75.8

SDDSC130

446.21

446.56

0.35

13.0

4.7

21.8

SDDSC130

461.34

462.43

1.09

2.1

0.0

2.2

SDDSC130

479.19

484.95

5.76

1.9

1.7

5.1

Including

479.19

479.31

0.12

2.3

9.4

20.0

Including

480.81

480.98

0.17

17.3

5.1

26.9

Including

484.21

484.95

0.74

4.1

10.2

23.2

SDDSC130

498.75

507.45

8.7

2.3

1.3

4.6

Including

498.75

498.98

0.23

20.9

2.2

25.0

Including

500.66

501.86

1.2

7.6

5.0

17.1

Including

505.26

506.34

1.08

2.3

1.8

5.7

SDDSC130

512.56

513.54

0.98

19.1

0.4

19.8

Including

513.26

513.54

0.28

65.2

0.4

65.9

SDDSC130

530.3

533.43

3.13

0.7

0.1

0.8

Table 4: All individual assays reported from SDDSC130 reported here >0.1g/t AuEq.

Hole-ID

From (m)

To (m)

Length (m)

Au g/t

Sb %

AuEq g/t

SDDSC130

54.91

55.19

0.28

0.2

0.0

0.2

SDDSC130

55.96

57.11

1.15

0.2

0.0

0.2

SDDSC130

95

96

1

0.1

0.0

0.1

SDDSC130

96

97

1

0.4

0.0

0.5

SDDSC130

97

98

1

0.2

0.0

0.3

SDDSC130

102

102.32

0.32

0.2

0.0

0.2

SDDSC130

102.32

102.6

0.28

0.2

0.0

0.2

SDDSC130

102.6

103

0.4

0.1

0.0

0.1

SDDSC130

103

104

1

0.2

0.0

0.2

SDDSC130

104

104.38

0.38

0.3

0.0

0.3

SDDSC130

104.38

105.07

0.69

0.1

0.0

0.2

SDDSC130

105.07

106

0.93

0.1

0.0

0.1

SDDSC130

106

107

1

0.1

0.0

0.1

SDDSC130

109.41

110.15

0.74

0.2

0.0

0.2

SDDSC130

115.38

115.76

0.38

1.2

0.0

1.2

SDDSC130

115.76

117

1.24

0.2

0.0

0.2

SDDSC130

117

118

1

0.1

0.0

0.1

SDDSC130

118.73

118.85

0.12

0.8

0.0

0.8

SDDSC130

118.85

120

1.15

0.4

0.0

0.4

SDDSC130

124.05

124.2

0.15

0.3

0.0

0.3

SDDSC130

131.3

131.62

0.32

1.1

0.0

1.2

SDDSC130

131.62

131.9

0.28

0.2

0.0

0.2

SDDSC130

133.4

133.85

0.45

16.7

0.0

16.7

SDDSC130

133.85

134.05

0.2

124.0

0.0

124.0

SDDSC130

134.05

135

0.95

0.9

0.0

0.9

SDDSC130

135

135.35

0.35

0.2

0.0

0.2

SDDSC130

135.35

136

0.65

0.7

0.0

0.7

SDDSC130

136

136.8

0.8

0.6

0.0

0.6

SDDSC130

136.8

137.36

0.56

0.9

0.0

0.9

SDDSC130

140.1

141.1

1

0.3

0.0

0.3

SDDSC130

141.8

142.63

0.83

0.2

0.0

0.2

SDDSC130

142.63

143

0.37

0.2

0.0

0.2

SDDSC130

143.4

143.6

0.2

0.9

0.0

0.9

SDDSC130

143.6

144.06

0.46

0.2

0.0

0.2

SDDSC130

144.06

145.3

1.24

1.2

0.0

1.2

SDDSC130

146.82

147.38

0.56

0.2

0.0

0.2

SDDSC130

148.23

148.85

0.62

0.2

0.0

0.2

SDDSC130

148.85

149.27

0.42

0.3

0.0

0.3

SDDSC130

149.27

149.47

0.2

0.3

0.0

0.3

SDDSC130

149.47

149.67

0.2

0.1

0.0

0.1

SDDSC130

149.67

150.08

0.41

0.8

2.1

4.6

SDDSC130

150.08

151

0.92

0.2

0.0

0.2

SDDSC130

151.52

151.9

0.38

0.8

0.0

0.8

SDDSC130

151.9

152.76

0.86

0.2

0.0

0.3

SDDSC130

152.76

153.32

0.56

2.1

0.0

2.1

SDDSC130

153.32

153.85

0.53

0.1

0.0

0.1

SDDSC130

153.85

154.39

0.54

0.6

0.0

0.6

SDDSC130

154.39

155.06

0.67

1.0

0.0

1.0

SDDSC130

155.06

155.78

0.72

0.5

0.0

0.5

SDDSC130

159.77

160.24

0.47

1.0

0.0

1.0

SDDSC130

162.21

163.15

0.94

0.2

0.0

0.2

SDDSC130

163.15

163.32

0.17

0.3

0.4

1.1

SDDSC130

163.32

163.72

0.4

0.2

0.0

0.2

SDDSC130

163.72

164.44

0.72

0.6

0.0

0.7

SDDSC130

164.44

164.85

0.41

0.5

0.2

0.8

SDDSC130

164.85

165.2

0.35

0.4

0.0

0.4

SDDSC130

165.2

166

0.8

0.1

0.0

0.1

SDDSC130

274.35

274.57

0.22

2.5

0.0

2.5

SDDSC130

313.17

314.13

0.96

0.1

0.0

0.1

SDDSC130

314.13

315.04

0.91

0.1

0.0

0.1

SDDSC130

315.04

316

0.96

0.1

0.0

0.1

SDDSC130

320.41

320.67

0.26

0.9

0.1

1.0

SDDSC130

320.67

321.4

0.73

0.2

0.0

0.2

SDDSC130

322.2

322.82

0.62

0.2

0.1

0.4

SDDSC130

323.15

323.43

0.28

0.6

0.1

0.7

SDDSC130

323.68

323.86

0.18

0.5

0.3

1.2

SDDSC130

323.86

324.04

0.18

0.6

0.0

0.7

SDDSC130

324.33

324.96

0.63

0.7

0.5

1.7

SDDSC130

325.54

326.22

0.68

0.1

0.0

0.1

SDDSC130

326.43

326.82

0.39

0.3

0.0

0.3

SDDSC130

328.96

329.33

0.37

0.3

0.0

0.3

SDDSC130

329.33

329.43

0.1

8.3

31.5

67.5

SDDSC130

329.43

329.57

0.14

0.3

0.3

1.0

SDDSC130

329.57

329.77

0.2

1.0

5.9

12.0

SDDSC130

329.77

330.17

0.4

0.3

0.4

1.0

SDDSC130

330.17

330.44

0.27

0.2

0.1

0.4

SDDSC130

330.44

330.65

0.21

7.6

0.8

9.0

SDDSC130

330.8

331.4

0.6

1.1

1.6

4.2

SDDSC130

331.4

331.8

0.4

0.1

0.0

0.1

SDDSC130

332

332.45

0.45

1.2

0.0

1.3

SDDSC130

332.45

332.65

0.2

0.2

0.0

0.3

SDDSC130

332.65

333

0.35

0.2

0.0

0.3

SDDSC130

333.53

334.32

0.79

0.2

0.0

0.2

SDDSC130

334.32

335

0.68

1.1

0.1

1.2

SDDSC130

335

335.25

0.25

0.3

0.0

0.4

SDDSC130

336.68

337.04

0.36

2.0

0.2

2.4

SDDSC130

337.04

337.45

0.41

0.1

0.0

0.2

SDDSC130

337.45

338

0.55

0.9

0.2

1.2

SDDSC130

339

340.3

1.3

0.1

0.0

0.1

SDDSC130

340.3

341

0.7

0.2

0.1

0.4

SDDSC130

341.13

342

0.87

0.2

0.1

0.4

SDDSC130

342

342.51

0.51

0.2

0.0

0.2

SDDSC130

342.51

342.62

0.11

1.8

3.6

8.6

SDDSC130

342.62

342.8

0.18

0.2

0.0

0.2

SDDSC130

342.8

343.07

0.27

0.6

0.1

0.8

SDDSC130

343.07

343.42

0.35

0.4

0.6

1.5

SDDSC130

343.42

343.77

0.35

1.7

1.3

4.2

SDDSC130

343.77

344.27

0.5

0.2

0.0

0.3

SDDSC130

344.27

344.68

0.41

0.2

0.0

0.3

SDDSC130

345.63

345.91

0.28

0.5

0.0

0.5

SDDSC130

346.5

346.9

0.4

0.1

0.0

0.1

SDDSC130

347.8

348.13

0.33

0.1

0.0

0.1

SDDSC130

349.23

349.83

0.6

0.3

0.0

0.4

SDDSC130

349.83

351

1.17

0.1

0.0

0.2

SDDSC130

351

351.9

0.9

0.3

0.0

0.3

SDDSC130

354.23

354.95

0.72

0.5

0.3

1.0

SDDSC130

354.95

355.16

0.21

0.5

0.1

0.6

SDDSC130

355.62

355.84

0.22

0.1

0.0

0.2

SDDSC130

355.84

356.34

0.5

0.1

0.0

0.2

SDDSC130

356.34

356.67

0.33

0.4

0.3

0.9

SDDSC130

356.67

357.17

0.5

0.4

0.1

0.5

SDDSC130

357.42

357.72

0.3

0.5

0.0

0.5

SDDSC130

357.72

357.82

0.1

1.0

0.5

1.9

SDDSC130

357.82

358

0.18

0.5

0.1

0.7

SDDSC130

358

358.33

0.33

1.2

0.2

1.6

SDDSC130

358.33

358.54

0.21

44.2

5.6

54.7

SDDSC130

358.54

358.71

0.17

1.9

0.3

2.4

SDDSC130

358.71

359.1

0.39

0.6

0.2

0.9

SDDSC130

359.1

359.51

0.41

1.3

0.2

1.8

SDDSC130

359.51

359.79

0.28

1.5

0.2

1.9

SDDSC130

359.79

360.16

0.37

45.7

1.9

49.3

SDDSC130

360.16

360.5

0.34

1.6

0.1

1.7

SDDSC130

360.5

360.9

0.4

12.1

0.2

12.4

SDDSC130

360.9

361.3

0.4

2.1

0.3

2.7

SDDSC130

361.3

361.7

0.4

1.8

1.1

3.8

SDDSC130

361.7

362.9

1.2

8.4

0.0

8.4

SDDSC130

362.9

363.35

0.45

6.3

0.2

6.6

SDDSC130

363.35

363.6

0.25

2.6

1.5

5.5

SDDSC130

363.6

363.95

0.35

1.3

0.0

1.3

SDDSC130

363.95

364.4

0.45

3.2

0.0

3.3

SDDSC130

364.4

364.7

0.3

0.8

0.0

0.8

SDDSC130

364.7

365

0.3

2.1

0.5

3.0

SDDSC130

365

365.82

0.82

0.3

0.0

0.3

SDDSC130

365.82

366.6

0.78

1.0

0.0

1.1

SDDSC130

366.6

367.2

0.6

2.7

0.2

3.1

SDDSC130

368.45

368.58

0.13

1.7

3.1

7.5

SDDSC130

368.58

369.6

1.02

1.1

0.1

1.2

SDDSC130

371.39

371.95

0.56

0.2

0.0

0.2

SDDSC130

371.95

372.25

0.3

0.7

0.3

1.3

SDDSC130

372.25

373

0.75

0.4

0.2

0.8

SDDSC130

373

373.45

0.45

1.8

0.4

2.5

SDDSC130

373.45

373.58

0.13

2.5

0.3

3.1

SDDSC130

373.58

374.06

0.48

3.5

0.3

4.0

SDDSC130

374.47

375.4

0.93

0.5

0.0

0.5

SDDSC130

375.4

375.78

0.38

0.4

0.0

0.4

SDDSC130

375.78

376.37

0.59

0.1

0.0

0.2

SDDSC130

376.95

377.8

0.85

0.4

0.5

1.3

SDDSC130

378.05

378.35

0.3

0.1

0.8

1.6

SDDSC130

378.35

378.65

0.3

2.2

0.0

2.2

SDDSC130

378.65

378.9

0.25

8.3

0.1

8.4

SDDSC130

378.9

379.35

0.45

0.2

0.0

0.2

SDDSC130

379.35

379.71

0.36

0.3

0.1

0.4

SDDSC130

379.71

380.15

0.44

0.2

0.0

0.3

SDDSC130

380.15

381

0.85

0.4

0.0

0.4

SDDSC130

381

381.72

0.72

0.7

0.0

0.8

SDDSC130

381.72

382.42

0.7

0.1

0.0

0.2

SDDSC130

382.42

382.9

0.48

0.1

0.0

0.1

SDDSC130

384.1

384.39

0.29

0.6

0.1

0.7

SDDSC130

384.39

384.77

0.38

0.1

0.0

0.1

SDDSC130

385

386.37

1.37

0.3

0.1

0.5

SDDSC130

386.37

387.55

1.18

0.1

0.0

0.2

SDDSC130

387.55

388.12

0.57

3.3

0.1

3.4

SDDSC130

388.12

388.8

0.68

0.7

0.0

0.7

SDDSC130

390.1

390.46

0.36

2.0

0.3

2.5

SDDSC130

390.46

391.35

0.89

0.5

0.2

0.9

SDDSC130

391.35

391.9

0.55

2.1

0.3

2.8

SDDSC130

391.9

392.6

0.7

0.5

0.0

0.6

SDDSC130

392.6

393.3

0.7

0.4

0.0

0.5

SDDSC130

399.22

399.46

0.24

5.3

2.8

10.6

SDDSC130

399.76

400.1

0.34

0.3

0.0

0.4

SDDSC130

400.1

400.55

0.45

3.1

4.3

11.3

SDDSC130

400.55

401

0.45

0.1

0.0

0.1

SDDSC130

402.14

402.26

0.12

0.1

0.3

0.6

SDDSC130

403.25

403.43

0.18

0.8

0.1

1.0

SDDSC130

403.78

403.94

0.16

0.8

0.2

1.1

SDDSC130

404.68

404.94

0.26

0.3

0.0

0.3

SDDSC130

406.21

406.67

0.46

0.8

0.1

0.9

SDDSC130

406.67

406.95

0.28

0.8

0.3

1.4

SDDSC130

406.95

407.4

0.45

0.2

0.0

0.2

SDDSC130

407.4

407.55

0.15

1.3

0.3

1.9

SDDSC130

410.64

411.04

0.4

1.0

1.1

3.0

SDDSC130

411.04

411.72

0.68

0.2

0.0

0.2

SDDSC130

411.72

412.2

0.48

0.3

0.0

0.3

SDDSC130

412.2

412.3

0.1

0.1

0.0

0.1

SDDSC130

416

416.31

0.31

0.5

0.0

0.5

SDDSC130

416.61

416.9

0.29

0.4

1.1

2.4

SDDSC130

417.53

417.87

0.34

0.1

0.0

0.1

SDDSC130

419.06

419.22

0.16

4.4

0.0

4.5

SDDSC130

419.22

419.86

0.64

0.4

0.4

1.1

SDDSC130

419.86

420.34

0.48

0.8

0.8

2.3

SDDSC130

420.34

420.7

0.36

0.6

0.3

1.2

SDDSC130

420.7

420.8

0.1

24.9

0.7

26.2

SDDSC130

420.8

421.2

0.4

2.2

1.4

4.8

SDDSC130

421.2

421.84

0.64

4.4

0.9

6.0

SDDSC130

421.84

422.76

0.92

0.9

1.7

4.2

SDDSC130

422.76

423.13

0.37

0.4

0.2

0.8

SDDSC130

423.13

423.61

0.48

0.3

0.1

0.5

SDDSC130

423.61

423.81

0.2

1.2

0.7

2.5

SDDSC130

423.81

424.4

0.59

2.5

1.2

4.8

SDDSC130

424.4

424.88

0.48

0.4

0.3

1.0

SDDSC130

424.88

425.66

0.78

0.3

0.0

0.4

SDDSC130

425.66

425.91

0.25

7.3

0.5

8.2

SDDSC130

425.91

426.09

0.18

0.6

0.4

1.3

SDDSC130

426.09

426.4

0.31

18.9

1.1

20.9

SDDSC130

426.4

426.6

0.2

13.0

0.1

13.2

SDDSC130

426.6

426.97

0.37

0.3

0.0

0.3

SDDSC130

426.97

427.14

0.17

5.4

0.3

5.9

SDDSC130

427.14

428.05

0.91

0.7

0.1

0.9

SDDSC130

428.05

428.59

0.54

0.5

0.4

1.2

SDDSC130

428.59

428.8

0.21

2.1

0.5

3.1

SDDSC130

428.8

429.31

0.51

0.3

0.1

0.5

SDDSC130

429.31

429.65

0.34

0.5

0.1

0.8

SDDSC130

429.65

429.83

0.18

16.9

19.4

53.4

SDDSC130

429.83

430.02

0.19

10.2

1.4

12.9

SDDSC130

430.02

430.13

0.11

21.2

1.8

24.5

SDDSC130

430.13

430.51

0.38

108.0

13.2

132.8

SDDSC130

430.51

430.83

0.32

0.3

0.1

0.5

SDDSC130

430.83

431.35

0.52

0.2

0.1

0.3

SDDSC130

431.35

431.66

0.31

1.1

0.5

2.0

SDDSC130

431.66

432.31

0.65

0.1

0.0

0.2

SDDSC130

432.31

433.05

0.74

0.2

0.0

0.3

SDDSC130

433.05

434

0.95

0.2

0.2

0.5

SDDSC130

434.75

435.6

0.85

0.1

0.0

0.2

SDDSC130

440.63

441.23

0.6

0.6

0.1

0.8

SDDSC130

441.23

441.56

0.33

0.5

0.0

0.5

SDDSC130

446

446.21

0.21

0.2

0.1

0.3

SDDSC130

446.21

446.39

0.18

9.1

8.4

24.8

SDDSC130

446.39

446.56

0.17

17.1

0.8

18.6

SDDSC130

446.56

446.67

0.11

0.1

0.0

0.2

SDDSC130

447.7

447.89

0.19

0.4

0.0

0.4

SDDSC130

449.95

450.2

0.25

0.1

0.0

0.1

SDDSC130

450.2

450.72

0.52

0.7

1.0

2.6

SDDSC130

450.72

451

0.28

1.0

0.1

1.1

SDDSC130

452.48

452.78

0.3

0.1

0.0

0.2

SDDSC130

455.86

456.8

0.94

0.6

0.0

0.6

SDDSC130

457.5

458

0.5

0.1

0.0

0.2

SDDSC130

458

458.4

0.4

2.3

0.1

2.4

SDDSC130

459.46

460.41

0.95

0.4

0.0

0.4

SDDSC130

460.79

461.34

0.55

0.4

0.0

0.5

SDDSC130

461.34

462.05

0.71

1.2

0.0

1.2

SDDSC130

462.05

462.43

0.38

3.9

0.0

4.0

SDDSC130

462.43

462.9

0.47

0.3

0.0

0.3

SDDSC130

462.9

463.41

0.51

0.1

0.0

0.2

SDDSC130

477.6

478.65

1.05

0.3

0.0

0.3

SDDSC130

478.65

479.19

0.54

0.3

0.2

0.6

SDDSC130

479.19

479.31

0.12

2.3

9.4

20.0

SDDSC130

479.31

479.98

0.67

0.1

0.1

0.3

SDDSC130

479.98

480.81

0.83

0.6

0.1

0.8

SDDSC130

480.81

480.98

0.17

17.3

5.1

26.9

SDDSC130

480.98

482

1.02

3.0

0.0

3.1

SDDSC130

482

482.83

0.83

0.2

0.1

0.3

SDDSC130

482.83

483.35

0.52

1.2

0.3

1.6

SDDSC130

484.21

484.49

0.28

6.6

22.4

48.7

SDDSC130

484.49

484.95

0.46

2.5

2.8

7.7

SDDSC130

484.95

485.63

0.68

0.6

0.1

0.7

SDDSC130

486.46

487.29

0.83

0.5

0.0

0.6

SDDSC130

487.55

488.34

0.79

0.7

0.0

0.7

SDDSC130

494.47

494.8

0.33

2.6

0.8

4.1

SDDSC130

498.75

498.98

0.23

20.9

2.2

25.0

SDDSC130

498.98

499.63

0.65

0.6

0.4

1.3

SDDSC130

499.63

500.34

0.71

0.2

0.4

0.9

SDDSC130

500.34

500.66

0.32

0.4

0.2

0.7

SDDSC130

500.66

500.88

0.22

4.5

19.5

41.1

SDDSC130

500.88

501.18

0.3

1.8

1.3

4.2

SDDSC130

501.18

501.39

0.21

29.7

0.9

31.4

SDDSC130

501.39

501.86

0.47

2.9

2.5

7.6

SDDSC130

501.86

502.43

0.57

0.6

0.6

1.6

SDDSC130

502.43

503.14

0.71

0.6

0.5

1.6

SDDSC130

503.14

503.98

0.84

0.4

0.2

0.7

SDDSC130

503.98

504.49

0.51

0.8

0.3

1.3

SDDSC130

504.49

505.06

0.57

1.1

1.2

3.5

SDDSC130

505.06

505.26

0.2

0.5

0.1

0.7

SDDSC130

505.26

505.49

0.23

3.8

2.5

8.5

SDDSC130

505.49

506.34

0.85

1.9

1.6

5.0

SDDSC130

506.34

506.8

0.46

0.2

0.1

0.3

SDDSC130

506.8

506.96

0.16

0.2

0.7

1.4

SDDSC130

506.96

507.35

0.39

0.4

0.1

0.6

SDDSC130

507.35

507.45

0.1

2.1

0.6

3.3

SDDSC130

507.45

508.24

0.79

0.3

0.3

0.9

SDDSC130

508.24

509.34

1.1

0.4

0.1

0.5

SDDSC130

509.34

509.98

0.64

0.7

0.2

1.0

SDDSC130

509.98

510.48

0.5

0.1

0.1

0.2

SDDSC130

512.56

513.26

0.7

0.6

0.4

1.4

SDDSC130

513.26

513.54

0.28

65.2

0.4

65.9

SDDSC130

513.54

514

0.46

0.1

0.0

0.1

SDDSC130

515.35

516

0.65

1.0

0.0

1.0

SDDSC130

529

529.75

0.75

0.2

0.1

0.4

SDDSC130

530.3

530.48

0.18

0.9

0.8

2.3

SDDSC130

530.48

530.89

0.41

0.1

0.0

0.1

SDDSC130

530.89

531.29

0.4

1.6

0.2

1.9

SDDSC130

531.29

532.21

0.92

0.7

0.0

0.7

SDDSC130

532.21

532.75

0.54

0.7

0.0

0.7

SDDSC130

532.75

533.3

0.55

0.2

0.0

0.2

SDDSC130

533.3

533.43

0.13

0.9

0.3

1.4

SDDSC130

533.43

533.63

0.2

0.5

0.0

0.5

SDDSC130

533.63

534.66

1.03

0.1

0.0

0.2

SDDSC130

534.66

534.85

0.19

0.5

0.1

0.7

SDDSC130

535.43

536.3

0.87

0.1

0.0

0.1

SDDSC130

539

539.5

0.5

0.3

0.0

0.3

SOURCE: Mawson Gold Limited



View the original press release on accesswire.com

FAQ

What are the key findings from Mawson Gold's new discovery?

The key findings include seven high-grade vein sets with assays up to 124g/t gold and 31.5% antimony, with significant intercepts of 11.9m @ 5.3 g/t AuEq, 12.6m @ 8.0 g/t AuEq, and 8.7m @ 4.6 g/t AuEq.

How much of Southern Cross Gold does Mawson own?

Mawson owns 48.7% of Southern Cross Gold, valued at A$252.1 million.

What impact could China's antimony export restrictions have?

China's export restrictions on antimony could push up prices, benefiting SXG as they have significant antimony resources.

Where is the new gold-antimony discovery located?

The new discovery is located 100-150m below the Golden Dyke historic mine at the Sunday Creek Project in Victoria, Australia.

What are the next steps following this discovery?

Further drilling is planned to test and expand the mineralization at Sunday Creek, with results pending from additional holes.

MAWSON GOLD LTD

OTC:MWSNF

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