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Mawson’s Subsidiary SXG Drills 305.8 m @ 2.4 AuEq (1.6 g/t Au, 0.5% Sb) 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, pending holes, and select prior drill holes.

Figure 3: Sunday Creek east-west longitudinal section looking towards 000, along the trend of the dyke/structure showing individual shoots defined to date. Also, prior reported drillholes shown

Photo 1: SDDSC050 419.4 m showing visible gold in yellow circles within quartz, carbonate and stibnite vein in altered metasediment. Scale bar in mm.

Photo 2: SDDSC050 525.3 m with multiple visible gold areas within quartz and stibnite. Scale bar in mm.

Photo 3: SDDSC050 620.2 m, with visible gold within quartz and stibnite. Scale bar in mm.

Photo 4: SDDSC050 623.7 m, with visible gold within quartz. Scale bar in mm.

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