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Mawson’s Subsidiary SXG Drills 21.5 m @ 15.0 g/t AuEq in 350 Metre Step Out at Sunday Creek, Victoria, Australia

Mawson Gold Ltd.

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 and pending holes.

Figure 3: Sunday Creek longitudinal section of Rising Sun shoot looking towards 100 degrees showing drillholes SDDSC041/43/46 reported here (100 m wide)

Figure 4: Sunday Creek Apollo longitudinal section of main Apollo shoot looking towards 300 degrees showing drillhole SDDSC040 reported here (30 m wide)

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Figure 5: Sunday Creek east-west longitudinal section looking towards 000, along the trend of the dyke/structure showing individual shoots defined to date.

Photos 1,2, 3: Selected quartz carbonate veining and stockwork zone with abundant visible gold from 199.0-199.4 m (assayed 380.3g/t Au and 0.24% Sb) in drillhole SDDSC046 from the Rising Sun shoot. Brecciated gold-mineralized wall rocks are healed by quartz-carbonate veining and commonly have a halo of disseminated arsenopyrite and pyrite in the walls, extending for up to 50 cm beyond the veins. This is similar to other epizonal deposits such as Fosterville.

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