Mawson Drills 3.6 metres at 7.4 g/t gold and 2,290 ppm cobalt at the Hut Prospect, Finland

("Mawson") or (the "Company") (TSX:MAW)(Frankfurt:MXR)(OTC PINK:MWSNF) is pleased to announce drill results from the final 36 drill holes totaling 8,756.5 metres from the Company's 76 hole, 19,422 metre 2020/21 drill program at the Company's 100%-owned Rajapalot gold-cobalt project in Finland (Figure 1).

Highlights:

  • At the Hut prospect:
    • PAL0301 drilled 3.6 metres @ 7.4 g/t Au, 2,290 ppm Co, 9.4 g/t AuEq from 207.7metres;
    • PAL0291 drilled 1.0 metre @ 11.2 g/t Au, 28 ppm Co, 11.2 g/t AuEq from 106.9 metres and 14.2 metres @ 1.2 g/t Au, 353 ppm Co, 1.5 g/t AuEq from 284.5 metres;
  • At the Rumajärvi prospect:
    • PAL0258 drilled 3.0 metres @ 8.3 g/t Au, 283 ppm Co, 8.6 g/t AuEq from 66.9 metres
    • PAL0267 drilled 27.5 metres @ 0.7 g/t Au, 443 ppm Co, 1.0 g/t AuEq from 30.3 metres
  • At the South Palokas prospect:
    • PAL0308 drilled 22.3 metres @ 0.6 g/t Au, 751 ppm Co, 1.3 g/t AuEq from 439.5metres and 8.5 metres @ 3.1 g/t Au, 866 ppm Co, 3.9 g/t AuEq from 492.6metres;
  • At the Palokas prospect:
    • PAL0283 drilled 1.0 metre @ 8.2 g/t Au, 52 ppm Co, 8.3 g/t AuEq from 222.8 metres;
    • PAL0293 drilled 7.1 metres @ 1.7 g/t Au, 466 ppm Co, 2.1 g/t AuEq from 260.2 metres and 13.8 metres @ 1.0 g/t Au, 899 ppm Co, 1.7 g/t AuEq from 274.2 metres;
  • At Terry's Hammer prospect:
    • PAL0273 drilled 9.3 metres @ 1.5 g/t Au, 422 ppm Co, 1.9 g/t AuEq from 14.6 metres

Mr. Hudson, Chairman and CEO, states "A wealth of grade with good thickness from drill results extending from near surface to depth, contained within a 1.8-kilometre-long trend at Rajapalot, to complete our reporting for the 19.4 km 2021 drill program. Our 2021 drilling program has delivered more economic/grade width intersections than ever before, with the discovery of 2 new resource areas, and the extension of a further 4 more resource areas. With all results now received, we eagerly await the finalization of our next resource upgrade, due before the end of August."

Gold and cobalt assay results are reported here from the final 36 drill holes totaling 8,756.5 metres from the 2020/21 drill program (Figure 1). In total, since drilling commenced in September 2020, Mawson has drilled 76 drillholes for 19,422 metres. All holes released in this and earlier news releases on Nov 10,2020, Nov 18, 2020, Nov 25, 2020, Dec 21, 2020, Apr 12, 2021, Jun 29, 2021, Jul 13, 2021 and Aug 03, 2021 are shown in Tables 2 and 3. Intersections are reported with a lower cut of 0.3 g/t AuEq over a two metre lower cut. No upper cut-off was applied. Higher-grade intersections use a 1.1 g/t AuEq lower cut over two metres. A resource upgrade at Rajapalot is scheduled during August 2021.

Technical and Environmental Background

Four diamond drill rigs from Kati Oy, Nivalan Timanttikairaus Oy and MK Core Drilling Oy all with water recirculation and drill cuttings collection systems are used in the drill program. Core diameter is NQ2 (50.7 mm). Core recoveries are excellent and average close to 100% in fresh rock. After photographing and logging in Mawson's Rovaniemi facilities, core intervals averaging 1 metre for mineralized samples and 2 metres for barren samples are cut in half at the Geological Survey of Finland (GTK) core facilities in Rovaniemi, Finland. The remaining half core is retained for verification and reference purposes. Analytical samples are transported by commercial transport from site to the CRS Minlab Oy facility in Kempele, Finland. Samples were prepared and analyzed for gold using the PAL1000 technique which involves grinding the sample in steel pots with abrasive media in the presence of cyanide, followed by measuring the gold in solution with flame AAS equipment. Samples for multi-element analysis (including cobalt) are pulped at CRS Minlab, then transported by air to the MSA labs in Vancouver, Canada and analyzed using four acid digest ICP-MS methods. The QA/QC program of Mawson consists of the systematic insertion of certified standards of known gold content, duplicate samples by quartering the core, and blanks the within interpreted mineralized rock. In addition, CRS inserts blanks and standards into the analytical process.

Spot gold and cobalt prices have been used to calculate AuEq values according to the following:

  • Average gold price US$1,599 per oz
  • Average cobalt price US$19.93 per pound
  • Resulting in gold equivalent formula of AuEq g/t = Au g/t + (Co ppm/1,170).

The host rocks to the gold and cobalt mineralization comprise sulphides (pyrrhotite>>pyrite) with biotite-muscovite-chlorite schists and Mg-Fe amphibole-biotite-chlorite rocks. Veining and fracture fill minerals include pyrrhotite, magnetite and magnetite-pyrrhotite (+/- quartz, tourmaline). Retrograde chlorite after biotite, generations of secondary muscovite ("sericite") and vein-controlled chlorite+/- tourmaline and magnetite are also present. Preliminary hand-held XRF analysis confirms the presence of associated scheelite and molybdenite, the former visible under UV light as tiny veinlets and disseminations. The silicate mineral alteration assemblages associated with the gold are clearly post-metamorphic, reduced, and most likely driven by hydrothermal fluids from nearby granitoid intrusions. Chlorite and fine muscovite are regarded as the lowest temperature silicate minerals with gold, structurally controlled in apparent spatial association with quartz and/or K-feldspar veins. Altered rocks enclosing the mineralized package contain locally abundant talc and tourmaline.

All maps have been created within the KKJ3/Finland Uniform Coordinate System (EPSG:2393).

Tables 1-2 provide collar and assay data. Assuming a predominant stratabound control, the true thickness of the mineralized interval is interpreted to be approximately 90% of the sampled thickness. Table 3 gives detailed individual assays of all intervals reported in this press release. Intersections are reported with a lower cut of 0.3 g/t AuEq over 2 metre lower cut. No upper cut-off was applied, and higher-grade intersections use a 1.1 g/t AuEq lower cut over 2 metres.

NI 43-101 Technical Report: On September 14, 2020, an updated resource estimation was completed by Rodney Webster of AMC of Melbourne, Australia, and Dr. Kurt Simon Forrester of Arn Perspective of Surrey, England. Each of Mr. Webster and Dr. Forrester are independent "qualified persons" as defined by NI 43-101. The NI 43-101 technical report is entitled "Rajapalot Property Mineral Resource Estimate NI 43-101 Technical Report" and dated September 14, 2020 (the "Updated Technical Report"). The Updated Technical Report may be found on the Company's website at www.mawsongold.com or under the Company's profile on SEDAR at www.sedar.com. Readers are encouraged to read the entire Updated Technical Report.

Qualified Person

Dr. Nick Cook (FAusIMM), 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, OTCPINK:MWSNF)

Mawson Gold Limitedis 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, Chairman & CEO



1305 - 1090 West Georgia St., Vancouver, BC, V6E 3V7
Mariana Bermudez (Canada), Corporate Secretary, 
+1 (604) 685 9316, [email protected]

Forward-Looking Statement This news release contains forward-looking statements or forward-looking information within the meaning of applicable Canadian securities laws (collectively, "forward-looking statements"). All statements herein, other than statements of historical fact, are forward-looking statements and are based upon various estimates and assumptions including, without limitation, the expectations and beliefs of management, including that the Company can access financing, appropriate equipment and sufficient labor. 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: capital and other costs varying significantly from estimates; changes in world metal markets; changes in equity markets; ability to achieve goals; that the political environment in which the Company operates will continue to support the development and operation of mining projects; the threat associated with outbreaks of viruses and infectious diseases, including the novel COVID-19 virus; risks related to negative publicity with respect to the Company or the mining industry in general; reliance on a single asset; planned drill programs and results varying from expectations; 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. While these factors and assumptions are considered reasonable by Mawson, in light of management's experience and perception of current conditions and expected developments, Mawson can give no assurance that such expectations will prove to be correct. 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 of Rajapalot showing only results from 2021 drill program. Results in red are those reported in this press release. Dashed red rectangles show focus of 2021 resource expansion drilling program with historic drilling, resource areas and EM geophysical plates.

Table 1: Collar Information from 2020-21 drilling program at the Rajapalot Project (Finnish Grid, Projection KKJ3)

3408208.1

7373667.8

047

-81.0

172.7

176.9 to 522.0

South Palokas

reported 29 June 2021

3409690

7374570

220

-61

180.4

68.5

Hirvimaa

reported 25 Nov 2020

3409662

7374613

220

-77

180.9

149.7

Hirvimaa

reported 25 Nov 2020

3410303.4

7372642.9

060

-66.0

151.0

41.7

Joki East

Abandoned, reported 25 Nov 2020

3410305.1

7372643.6

060

-66.0

151.2

281.7

Joki East

reported 25 Nov 2020

3410337.8

7372661.1

060

-66.0

151.3

236.4

Joki East

reported 25 Nov 2020

3410364.0

7372674.9

060

-66.0

150.6

236.8

Joki East

reported 25 Nov 2020

3410309.3

7372708.5

060

-67.5

151.4

239.7

Joki East

reported 21 Dec 2020

3410337.3

7372726.2

062

-68.0

151.4

251.7

Joki East

reported 21 Dec 2020

3410275.0

7372690.0

060

-66.0

151.4

257.5

Joki East

reported 21 Dec 2020

3410266.1

7372744.7

060

-71.0

152.3

287.6

Joki East

reported 21 Dec 2020

3410211.8

7372728.5

061

-64.0

151.5

293.4

Joki East

reported 21 Dec 2020

3411714.7

7371404.9

065

-60.0

124.9

323.6

Regional

reported 12 April 2021

3410204.0

7372724.3

064

-72.0

151.6

269.6

Joki East

reported 12 April 2021

3410404.0

7372632.2

060

-66.0

151.2

195.3

Joki East

reported 12 April 2021

3410374.9

7372616.9

060

-66.0

151.0

179.9

Joki East

reported 12 April 2021

3410435.4

7372651.2

060

-66.0

149.5

155.9

Joki East

reported 12 April 2021

3410154.1

7372819.7

061

-78.5

153.8

359.7

Joki East

reported 12 April 2021

3410153.2

7372821.5

061

-70.5

155.0

320.9

Joki East

reported 12 April 2021

3408125.6

7373140.2

090

-85.0

172.5

347.9

Hut

reported 12 April 2021

3408125.6

7373140.2

088

-72.0

172.5

272.6

Hut

reported 12 April 2021

3408126.6

7373140.2

087

-58.0

172.5

230.4

Hut

reported 12 April 2021

3407835.1

7372449.6

039

-85.0

172.3

389.8

Rumajärvi

3408064.0

7372937.0

057

-61.5

173.4

299.9

Hut

reported 12 April 2021

3408089.4

7373033.5

059

-70.0

173.1

320.6

Hut

reported 12 April 2021

3408064.0

7372937.0

057

-74.0

173.4

311.7

Hut

3408463.9

7373910.4

139

-73.0

173.6

358.9

Palokas

3408089.4

7373033.5

059

-84.0

173.1

329.8

Hut

reported 12 April 2021

3407834.0

7372449.7

039

-68.0

172.8

125.5

Rumajärvi

3407956.6

7373143.7

143

-49.0

172.1

301.8

Hut

reported 12 April 2021

3407835.1

7372448.6

210

-78.0

172.3

149.7

Rumajärvi

3407840.8

7372408.1

065

-48.2

172.7

268.9

Rumajärvi

3408186.3

7372767.6

060

-80.0

178.7

131.5

Terry's Hammer

3407956.6

7373143.7

126

-46.0

172.1

268.5

Hut

reported 12 April 2021

3408463.9

7373910.4

124

-59.0

173.6

289.8

Palokas

3408186.3

7372767.6

210

-85.0

178.7

120.0

Terry's Hammer

3407840.8

7372408.1

065

-73.0

172.7

302.6

Rumajärvi

3408215.8

7372746.9

119

-54.0

177.3

82.1

Terry's Hammer

3407956.6

7373143.7

114

-45.0

172.1

280.2

Hut

3408089.4

7373033.5

240

-81.0

173.1

161.8

Hut

3408467.8

7373868.1

128

-50.0

172.0

23.9

Palokas

3408090.7

7373033.0

056

-81.5

173.6

257.3

Hut

3407956.6

7373143.0

150

-50.0

172.1

280.0

Hut

3408467.8

7373868.1

128

-50.0

172.0

287.9

Palokas

3407641.8

7372426.8

061

-38.0

173.0

342.9

Rumajärvi

3408544.8

7373674.7

116

-60.0

173.5

146.3

South Palokas

3407941.4

7373070.5

061

-67.0

172.7

341.9

Hut

3408467.8

7373868.1

141

-52.1

173.5

277.9

Palokas

3408521.2

7373606.0

062

-79.0

173.6

146.6

South Palokas

3407641.8

7372426.9

061

-47.0

173.0

314.2

Rumajärvi

3408521.2

7373606.0

240

-69.0

173.6

149.4

South Palokas

reported 03 August 2021

3407941.4

7373070.5

061

-76.0

172.7

346.7

Hut

3408521.2

7373606.0

240

-57.0

173.6

172.8

South Palokas

reported 29 June 2021

3408467.8

7373868.1

155

-52.0

172.0

305.2

Palokas

3408410.5

7373660.5

235

-78.0

174.0

335.6

South Palokas

reported 29 June 2021

3407941.4

7373070.5

061

-85.0

172.7

329.3

Hut

3408112.4

7372770.1

060

-61.0

172.4

149.1

Terry's Hammer

3408467.8

7373868.1

061

-68.0

172.0

344.3

Palokas

3407941.4

7373070.5

220

-87.0

172.7

353.7

Hut

3408821.1

7372287.6

058

-80.0

172.7

140.2

Raja

reported 13 July 2021

3408410.5

7373660.5

241

-71.5

174.0

368.7

South Palokas

reported 03 August 2021

3408821.1

7372287.6

058

-66.0

172.7

169.4

Raja

reported 13 July 2021

3408466.5

7373867.0

128

-65.0

173.9

305.1

Palokas

3408410.5

7373660.5

241

-64.5

174.0

394.7

South Palokas

reported 03 August 2021

3408821.1

7372287.6

245

-80.0

172.7

142.5

Raja

reported 13 July 2021

3407999.2

7373194.3

115

-57.0

172.1

335.0

Hut

3408912.5

7372341.5

238

-73.0

172.3

163.8

Raja

reported 13 July 2021

3407712.4

7373644.2

044

-75.5

172.7

629.2

South Palokas

reported 03 August 2021

3407681.1

7373602.7

160

-58.0

173.6

125.2

South Palokas

3407649.8

7373660.5

050

-82.0

174.0

281.5

South Palokas

reported 03 August 2021

3407843

7372798

60

-45

172.4

280.6

Rumajärvi

3408273

7373630

66

-85

174.66

352.9

South Palokas

reported 03 August 2021

3408134

7373634

50

-77

173

515.6

South Palokas

reported 03 August 2021

3407850

7372499

81

-74

172.5

202.5

Rumajärvi

3408610

7373895

167

-76

174.86

209.5

Palokas

3408610

7373895

96

-55

174.86

78.9

Palokas

Abandoned due to snow melt

Table 2: Intersections from the 2020-21 Winter Drill Program. Intersections are reported with a lower cut of 0.3 g/t AuEq (using long term forecast gold and cobalt prices of $1,599 per ounce and $19.93 per pound respectively) over 2 metre lower cut. No upper cut-off was applied. "<" is below detection limit of 0.05 g/t Au.

PAL0235

439.5

454.7

15.3

3.0

998

3.9

PAL0235

494.1

495.3

1.2

0.3

<

0.3

PAL0240

148.8

149.8

1.0

0.9

5

0.9

PAL0240

165.1

167.5

2.4

0.1

1187

1.1

PAL0241

168.6

170.2

1.6

28.3

1190

29.3

PAL0242

154.0

158.5

4.4

7.3

735

7.9

PAL0243

193.0

195.9

2.9

0.6

574

1.1

PAL0245

177.1

178.4

1.3

25.3

2327

27.3

PAL0245

191.0

191.5

0.5

23.0

3974

26.4

PAL0245

194.8

196.9

2.1

2.8

806

3.5

PAL0246

188.6

189.2

0.6

10.3

725

10.9

PAL0246

204.4

212.4

7.9

0.7

323

1.0

PAL0247

216.6

218.5

1.9

0.7

103

0.7

PAL0247

220.9

230.0

9.1

4.3

457

4.7

PAL0249

177.3

178.3

1.0

2.5

344

2.8

PAL0250

87.5

89.2

1.7

2.0

159

2.1

PAL0250

120.5

121.5

1.0

0.8

130

0.9

PAL0250

125.2

128.1

2.9

1.5

782

2.2

PAL0250

136.6

137.6

1.0

1.8

33

1.8

PAL0251

146.5

146.9

0.5

0.4

15

0.4

PAL0251

152.8

153.9

1.2

0.4

29

0.4

PAL0252

117.0

118.5

1.5

18.1

1696

19.6

PAL0254

215.0

218.1

3.1

0.4

107

0.5

PAL0254

288.5

290.0

1.5

1.3

167

1.4

PAL0255

78.8

90.1

11.4

0.4

123

0.5

PAL0255

102.5

103.5

1.1

0.1

314

0.3

PAL0255

106.6

110.5

4.0

0.1

222

0.3

PAL0255

212.7

213.8

1.1

0.1

609

0.6

PAL0255

236.6

237.7

1.1

0.2

268

0.4

PAL0255

312.1

313.1

1.0

1.0

44

1.1

PAL0256

79.4

83.0

3.7

0.2

67

0.3

PAL0256

95.9

96.9

1.0

0.2

382

0.5

PAL0256

100.2

101.2

1.0

0.3

127

0.4

PAL0256

110.0

113.0

3.0

0.9

549

1.3

PAL0256

115.1

119.0

3.9

0.3

223

0.5

PAL0256

121.4

125.0

3.7

0.1

234

0.3

PAL0256

140.0

142.0

2.0

0.0

385

0.4

PAL0257

47.0

48.0

1.0

0.1

219

0.3

PAL0257

174.5

175.5

1.0

0.1

429

0.4

PAL0258

44.5

46.0

1.5

0.0

675

0.6

PAL0258

66.9

69.9

3.0

8.3

283

8.6

PAL0258

94.0

108.6

14.6

0.6

1094

1.5

PAL0259

95.8

124.0

28.3

1.0

1090

2.0

PAL0259

126.3

150.3

24.0

1.0

1104

2.0

PAL0259

153.3

154.3

1.0

1.7

10

1.7

PAL0259

159.0

166.0

7.0

1.1

31

1.2

PAL0260

89.8

97.8

8.0

0.4

83

0.5

PAL0260

109.0

114.4

5.4

3.0

262

3.2

PAL0260

290.5

291.5

1.0

0.1

1357

1.2

PAL0261

126.3

127.3

1.0

0.0

1644

1.4

PAL0262

331.0

333.0

2.0

0.3

<

0.3

PAL0262

338.0

340.0

2.0

0.3

<

0.3

PAL0263

98.7

99.9

1.1

2.2

473

2.6

PAL0263

103.0

116.6

13.6

1.2

98

1.3

PAL0263

121.5

125.8

4.3

2.3

26

2.3

PAL0263

222.3

231.5

9.2

1.1

256

1.3

PAL0264

43.8

45.7

2.0

0.4

1541

1.7

PAL0264

92.3

93.2

1.0

0.3

104

0.4

PAL0264

100.2

110.1

9.9

1.0

803

1.7

PAL0265

203.2

204.2

1.0

1.0

11

1.0

PAL0265

231.6

241.6

10.0

0.8

406

1.1

PAL0267

30.3

57.8

27.5

0.7

443

1.0

PAL0267

62.8

76.9

14.2

0.4

383

0.8

PAL0267

81.5

84.0

2.5

0.4

108

0.5

PAL0268

26.8

28.8

2.0

0.8

122

0.9

PAL0268

54.4

56.2

1.8

0.0

754

0.7

PAL0269

185.7

186.7

1.0

0.1

461

0.5

PAL0269

191.7

193.8

2.1

5.2

275

5.5

PAL0269

195.9

210.9

15.0

1.0

307

1.3

PAL0269

214.9

215.9

1.0

0.6

14

0.6

PAL0269

219.4

222.4

3.0

3.1

13

3.1

PAL0269

250.0

250.9

0.8

1.8

66

1.9

PAL0270

216.0

218.4

2.4

0.3

328

0.6

PAL0270

222.4

223.4

1.0

1.1

47

1.1

PAL0272

182.5

183.5

1.0

0.0

364

0.3

PAL0273

14.6

23.9

9.3

1.5

422

1.9

PAL0273

26.2

29.2

3.0

0.8

380

1.1

PAL0274

270.1

272.1

2.0

0.4

100

0.5

PAL0275

156.5

158.5

2.0

0.7

49

0.8

PAL0278

101.0

102.3

1.3

0.5

71

0.6

PAL0278

170.8

172.8

2.0

0.2

560

0.6

PAL0278

174.8

175.8

1.0

0.1

694

0.7

PAL0278

220.5

223.6

3.2

1.4

168

1.6

PAL0279

192.6

193.6

1.0

0.4

484

0.8

PAL0279

219.2

220.2

1.0

0.3

14

0.4

PAL0279

223.2

224.2

1.0

0.3

132

0.4

PAL0279

227.9

231.9

4.1

0.3

76

0.3

PAL0279

250.0

252.0

2.0

0.0

666

0.6

PAL0280

240.5

241.0

0.5

0.0

434

0.4

PAL0280

247.0

253.4

6.4

1.0

1302

2.1

PAL0282

123.1

125.1

2.0

0.5

58

0.5

PAL0282

140.0

141.0

1.0

0.0

349

0.3

PAL0282

174.3

175.3

1.0

0.0

480

0.4

PAL0283

205.0

209.3

4.3

0.3

118

0.5

PAL0283

222.8

223.8

1.0

8.2

52

8.3

PAL0285

239.0

240.0

1.0

0.1

750

0.7

PAL0286

100.6

115.6

15.0

0.2

669

0.8

PAL0288

119.0

130.0

11.0

4.0

756

4.6

PAL0288

134.0

140.0

6.0

0.3

448

0.7

PAL0289

195.0

198.0

3.0

0.0

241

0.2

PAL0289

200.1

201.2

1.1

0.0

366

0.3

PAL0290

186.0

194.0

8.0

0.3

394

0.6

PAL0290

197.0

198.0

1.0

0.7

142

0.8

PAL0290

201.0

203.0

2.0

0.0

372

0.3

PAL0290

229.8

230.8

1.0

0.1

444

0.4

PAL0290

240.0

260.0

20.0

1.7

529

2.1

PAL0291

106.9

107.9

1.0

11.2

28

11.2

PAL0291

213.2

215.2

2.0

0.2

1187

1.2

PAL0291

284.5

298.7

14.2

1.2

353

1.5

PAL0293

260.2

267.3

7.1

1.7

466

2.1

PAL0293

274.2

288.0

13.8

1.0

899

1.7

PAL0293

291.2

295.2

4.0

1.2

321

1.5

PAL0294

206.9

209.9

3.0

0.1

931

0.9

PAL0294

213.9

219.9

6.0

0.1

1006

1.0

PAL0294

249.8

253.8

4.0

0.1

540

0.5

PAL0295

31.6

37.6

6.0

0.0

1054

0.9

PAL0295

40.7

41.7

1.0

0.0

930

0.8

PAL0295

49.3

50.3

1.0

0.7

175

0.8

PAL0295

53.3

69.0

15.7

3.8

783

4.5

PAL0296

203.5

204.5

1.0

0.3

194

0.5

PAL0296

254.0

278.0

24.0

1.3

538

1.8

PAL0296

281.0

291.4

10.4

0.4

141

0.5

PAL0296

322.5

329.5

7.0

1.8

288

2.0

PAL0297

40.9

45.9

5.0

0.0

1127

1.0

PAL0297

65.4

68.4

3.0

2.8

263

3.0

PAL0297

74.0

94.7

20.7

7.4

111

7.5

PAL0297

97.7

106.2

8.5

2.3

812

3.0

PAL0298

232.4

236.4

4.0

0.7

28

0.7

PAL0298

244.1

245.1

1.0

0.5

81

0.6

PAL0298

249.1

252.1

3.0

2.8

60

2.8

PAL0298

260.1

263.1

3.0

1.2

33

1.3

PAL0298

266.1

269.1

3.0

0.6

15

0.6

PAL0299

339.0

341.0

2.0

0.7

167

0.8

PAL0301

160.0

161.0

1.0

0.3

50

0.4

PAL0301

181.3

182.3

1.0

1.3

31

1.3

PAL0301

186.3

186.9

0.6

0.0

327

0.3

PAL0301

207.7

211.2

3.5

7.4

2290

9.4

PAL0301

251.7

252.9

1.2

0.0

551

0.5

PAL0301

266.2

267.9

1.7

0.0

400

0.4

PAL0301

325.8

327.8

2.0

0.5

200

0.7

PAL0302

97.4

99.4

2.0

7.1

96

7.2

PAL0302

125.4

126.4

1.0

0.4

33

0.4

PAL0302

144.0

148.4

4.4

1.6

512

2.0

PAL0303

553.2

584.0

30.8

3.9

1403

5.1

PAL0303

597.8

600.8

3.0

0.0

498

0.5

PAL0303

613.7

616.2

2.6

0.0

1703

1.5

PAL0304

56.2

61.1

5.0

0.3

43

0.3

PAL0305

190.7

192.7

2.0

0.5

15

0.5

PAL0305

196.7

197.7

1.0

0.4

80

0.5

PAL0305

201.3

203.3

2.0

1.9

110

2.0

PAL0305

220.9

237.6

16.8

0.6

663

1.1

PAL0306

23.3

29.0

5.8

0.3

131

0.4

PAL0306

75.8

76.8

1.1

0.3

325

0.5

PAL0307

305.4

308.6

3.2

0.3

499

0.7

PAL0307

312.6

316.6

4.0

0.1

334

0.4

PAL0307

319.5

320.4

0.9

0.1

591

0.6

PAL0308

439.5

461.7

22.3

0.6

751

1.3

PAL0308

492.6

501.0

8.4

3.1

866

3.9

PAL0309

74.2

78.0

3.8

0.0

1146

1.0

PAL0310

143.5

146.7

3.2

0.0

889

0.8

PAL0310

149.0

153.0

4.0

0.1

628

0.6

PAL0310

159.0

170.8

11.8

0.4

317

0.7

Table 3: Individual assay data from drill holes reported in this press release.

44.5

46.0

1.5

<

675

0.6

66.9

67.9

1.0

5.1

229

5.3

67.9

68.9

1.0

19.5

396

19.8

68.9

69.9

1.0

0.3

225

0.5

94.0

95.0

1.0

0.4

1819

2.0

95.0

96.0

1.0

0.9

1033

1.7

96.0

97.0

1.0

0.8

1366

1.9

97.0

98.2

1.2

1.9

1087

2.8

98.2

99.6

1.4

1.2

1363

2.3

99.6

101.0

1.5

0.6

567

1.0

101.0

102.0

1.0

0.7

1401

1.9

102.0

103.0

1.0

0.5

1375

1.6

103.0

104.0

1.0

0.3

1148

1.2

104.0

105.0

1.0

0.2

913

1.0

105.0

106.0

1.0

<

12

0.0

106.0

107.0

1.0

0.3

1151

1.2

107.0

108.6

1.6

0.2

1120

1.1

126.3

127.3

1.0

0.0

1644

1.4

331.0

333.0

2.0

0.3

 

0.3

338.0

340.0

2.0

0.3

 

0.3

43.8

44.7

1.0

0.3

1595

1.6

44.7

45.7

1.0

0.5

1489

1.8

92.3

93.2

1.0

0.3

104

0.4

100.2

101.1

1.0

0.2

1996

1.9

101.1

102.1

1.0

0.3

656

0.9

102.1

103.0

0.9

0.9

423

1.2

103.0

103.8

0.8

1.3

688

1.9

103.8

104.9

1.1

0.1

1520

1.4

104.9

105.9

1.0

2.8

1873

4.4

105.9

106.9

1.0

4.0

467

4.4

106.9

107.6

0.8

0.5

153

0.6

107.6

108.5

0.9

0.1

144

0.2

108.5

109.4

0.9

0.1

56

0.1

109.4

110.1

0.8

0.4

379

0.7

30.3

31.3

1.0

0.1

808

0.8

31.3

32.3

1.0

<

64

0.1

32.3

33.3

1.0

<

59

0.1

33.3

34.3

1.0

1.6

512

2.0

34.3

35.0

0.7

1.4

164

1.5

35.0

36.0

1.0

0.5

49

0.6

36.0

37.0

1.0

<

15

0.0

37.0

38.0

1.0

<

26

0.0

38.0

39.0

1.0

0.4

21

0.4

39.0

39.7

0.7

0.2

19

0.2

39.7

40.3

0.6

<

25

0.0

40.3

41.3

1.0

0.1

760

0.8

41.3

42.0

0.7

<

482

0.4

42.0

43.0

1.0

<

224

0.2

43.0

44.0

1.0

0.9

1176

1.9

44.0

45.0

1.0

2.4

784

3.0

45.0

46.0

1.0

0.6

515

1.1

46.0

47.0

1.0

0.2

788

0.9

47.0

48.0

1.0

4.3

782

5.0

48.0

49.0

1.0

1.9

593

2.4

49.0

50.0

1.0

0.7

581

1.2

50.0

51.0

1.0

<

510

0.5

51.0

51.8

0.8

<

390

0.4

51.8

52.8

1.0

0.5

679

1.1

52.8

53.8

1.0

0.3

724

0.9

53.8

54.8

1.0

0.2

608

0.7

54.8

55.8

1.0

0.1

147

0.2

55.8

56.8

1.0

0.2

542

0.6

56.8

57.8

1.0

1.9

411

2.3

62.8

63.8

1.0

0.2

643

0.8

63.8

64.8

1.0

0.8

1274

1.9

64.8

65.8

1.0

0.2

601

0.7

65.8

66.6

0.8

0.1

262

0.3

66.6

68.0

1.5

<

419

0.4

68.0

69.0

1.0

<

102

0.1

69.0

70.0

1.0

0.1

364

0.4

70.0

71.0

1.0

0.3

362

0.6

71.0

72.0

1.0

0.1

171

0.3

72.0

73.0

1.0

0.5

212

0.6

73.0

74.0

1.0

0.3

495

0.7

74.0

75.0

1.0

0.1

209

0.3

75.0

75.9

0.9

0.1

19

0.1

75.9

76.9

1.0

3.6

154

3.8

81.5

82.1

0.6

0.4

207

0.6

82.1

83.1

1.0

0.2

67

0.3

83.1

84.0

0.9

0.5

88

0.6

26.8

27.8

1.0

1.4

120

1.5

27.8

28.8

1.0

0.3

124

0.4

54.4

55.2

0.8

<

484

0.4

55.2

56.2

1.0

<

969

0.9

216.0

217.2

1.2

0.1

406

0.5

217.2

218.4

1.2

0.4

250

0.6

222.4

223.4

1.0

1.1

47

1.1

14.6

15.9

1.3

1.4

183

1.5

15.9

16.9

1.0

2.3

204

2.5

16.9

17.9

1.0

2.6

545

3.0

17.9

18.9

1.0

2.2

686

2.8

18.9

19.9

1.0

2.3

746

3.0

19.9

20.9

1.0

0.7

403

1.0

20.9

21.9

1.0

1.1

66

1.1

21.9

22.9

1.0

0.3

547

0.8

22.9

23.9

1.1

0.6

477

1.0

23.9

24.9

1.0

<

45

0.1

24.9

26.2

1.3

<

43

0.1

26.2

27.2

1.0

0.2

326

0.4

27.2

28.2

1.0

0.3

561

0.8

28.2

29.2

1.0

2.0

254

2.2

270.1

271.1

1.0

0.3

74

0.3

271.1

272.1

1.0

0.6

125

0.7

156.5

157.5

1.0

0.9

64

0.9

157.5

158.5

1.0

0.6

34

0.6

101.0

102.3

1.3

0.5

71

0.6

170.8

171.8

1.0

0.3

745

0.9

171.8

172.8

1.0

<

375

0.3

172.8

173.8

1.0

<

14

0.0

173.8

174.8

1.1

<

35

0.1

174.8

175.8

1.0

0.1

694

0.7

220.5

221.5

1.0

2.6

238

2.8

221.5

222.5

1.0

1.1

105

1.2

222.5

223.6

1.2

0.8

161

0.9

192.6

193.6

1.0

0.4

484

0.8

219.2

220.2

1.0

0.3

14

0.4

223.2

224.2

1.0

0.3

132

0.4

227.9

228.9

1.0

0.2

171

0.4

228.9

229.9

1.0

0.2

37

0.2

229.9

230.9

1.0

0.1

47

0.1

230.9

231.9

1.1

0.6

49

0.6

250.0

251.0

1.0

<

732

0.7

251.0

252.0

1.0

<

600

0.5

240.5

241.0

0.5

<

434

0.4

247.0

248.0

1.0

<

594

0.5

248.0

249.0

1.0

0.6

1833

2.2

249.0

250.0

1.0

0.6

1552

2.0

250.0

251.0

1.0

4.7

1334

5.9

251.0

252.0

1.0

0.2

1491

1.5

252.0

253.0

1.0

0.2

1200

1.2

253.0

253.4

0.4

0.3

817

1.0

123.1

124.1

1.0

0.7

60

0.8

124.1

125.1

1.0

0.3

57

0.3

140.0

141.0

1.0

<

349

0.3

174.3

175.3

1.0

<

480

0.4

205.0

206.0

1.0

<

420

0.4

206.0

208.0

2.0

<

35

0.1

208.0

209.3

1.3

1.1

12

1.1

222.8

223.8

1.0

8.2

52

8.3

239.0

240.0

1.0

0.1

750

0.7

195.0

196.0

1.0

<

355

0.3

196.0

197.0

1.0

<

43

0.1

197.0

198.0

1.0

<

324

0.3

198.0

199.1

1.1

<

233

0.2

199.1

200.1

1.0

<

218

0.2

200.1

201.2

1.1

0.0

366

0.3

106.9

107.9

1.0

11.2

28

11.2

213.2

214.2

1.0

0.4

1945

2.1

214.2

215.2

1.0

<

430

0.4

284.5

285.5

1.0

1.1

15

1.1

285.5

286.5

1.0

1.1

18

1.1

286.5

287.5

1.0

2.9

43

3.0

287.5

288.5

1.0

1.7

107

1.8

288.5

289.5

1.0

2.0

114

2.1

289.5

290.5

1.0

2.0

500

2.5

290.5

291.5

1.0

0.8

115

0.9

291.5

292.5

1.0

0.1

56

0.1

292.5

293.5

1.0

0.5

695

1.1

293.5

294.5

1.0

0.1

442

0.5

294.5

295.4

0.9

0.2

106

0.3

295.4

296.4

1.0

1.8

357

2.1

296.4

297.4

1.0

1.8

2214

3.7

297.4

298.7

1.3

0.4

177

0.5

260.2

261.2

1.0

10.1

622

10.6

261.2

262.2

1.0

0.6

233

0.8

262.2

263.2

1.0

<

161

0.2

263.2

264.2

1.0

<

65

0.1

264.2

265.3

1.1

0.8

1055

1.7

265.3

266.3

1.0

0.5

357

0.8

266.3

267.3

1.0

0.2

708

0.8

274.2

275.0

0.8

1.3

1479

2.5

275.0

276.0

1.0

0.7

1782

2.3

276.0

277.0

1.0

0.1

178

0.2

277.0

278.0

1.0

0.1

372

0.4

278.0

279.0

1.0

2.6

456

2.9

279.0

280.0

1.0

0.1

540

0.5

280.0

281.0

1.0

0.6

1982

2.3

281.0

282.0

1.0

0.4

1744

1.9

282.0

283.0

1.0

0.1

735

0.7

283.0

284.0

1.0

0.1

490

0.5

284.0

285.0

1.0

0.1

686

0.7

285.0

286.0

1.0

1.8

1148

2.8

286.0

287.0

1.0

2.7

773

3.3

287.0

288.0

1.0

3.2

340

3.5

288.0

289.2

1.2

<

148

0.2

289.2

290.2

1.0

<

134

0.1

290.2

291.2

1.0

<

94

0.1

291.2

292.2

1.0

1.2

385

1.5

292.2

293.2

1.0

1.7

356

2.0

293.2

294.2

1.0

1.2

515

1.7

294.2

295.2

1.0

0.7

27

0.7

206.9

207.9

1.0

0.1

991

1.0

207.9

208.9

1.0

0.1

1336

1.3

208.9

209.9

1.0

0.1

467

0.5

213.9

214.9

1.0

0.2

1010

1.0

214.9

215.9

1.0

0.1

1002

1.0

215.9

216.9

1.0

0.1

722

0.7

216.9

217.9

1.0

0.2

2195

2.1

217.9

218.9

1.0

<

678

0.6

218.9

219.9

1.0

<

430

0.4

249.8

250.8

1.0

0.1

408

0.4

250.8

251.8

1.0

0.1

470

0.5

251.8

252.8

1.0

0.1

753

0.7

252.8

253.8

1.0

0.1

529

0.5

232.4

233.4

1.0

0.3

26

0.3

235.4

236.4

1.0

2.2

55

2.3

244.1

245.1

1.0

0.5

81

0.6

249.1

250.1

1.0

7.2

118

7.3

250.1

251.1

1.0

0.9

46

0.9

251.1

252.1

1.0

0.3

16

0.3

260.1

261.1

1.0

0.8

5

0.8

261.1

262.1

1.0

2.3

37

2.4

262.1

263.1

1.0

0.6

56

0.7

266.1

267.1

1.0

0.5

10

0.5

267.1

268.1

1.0

0.4

19

0.4

268.1

269.1

1.0

0.9

17

0.9

160.0

161.0

1.0

0.3

50

0.4

181.3

182.3

1.0

1.3

31

1.3

186.3

186.9

0.6

<

327

0.3

207.7

208.2

0.6

3.0

452

3.4

208.2

209.2

1.0

2.0

1059

2.9

209.2

210.2

1.0

3.2

3716

6.4

210.2

211.2

1.0

19.5

3104

22.2

251.7

252.9

1.2

<

551

0.5

266.2

267.3

1.1

<

418

0.4

267.3

267.9

0.6

<

367

0.3

325.8

326.8

1.0

0.9

79

1.0

326.8

327.8

1.0

0.1

320

0.4

56.2

57.1

1.0

0.7

56

0.8

57.1

58.1

1.0

<

14

0.0

58.1

59.1

1.0

<

16

0.0

59.1

60.1

1.0

0.3

10

0.3

60.1

61.1

1.0

0.2

121

0.3

23.3

24.3

1.0

0.4

168

0.5

24.3

25.5

1.3

0.4

85

0.5

25.5

26.7

1.2

0.1

130

0.2

26.7

27.7

1.0

0.2

240

0.4

27.7

29.0

1.3

0.4

63

0.4

74.2

75.2

1.0

<

1419

1.2

75.2

76.6

1.4

<

1690

1.5

76.6

78.0

1.4

<

408

0.4

143.5

144.5

1.0

<

337

0.3

144.5

145.7

1.2

0.1

1701

1.5

145.7

146.7

1.0

<

467

0.4

146.7

148.0

1.3

<

24

0.0

148.0

149.0

1.0

<

129

0.1

149.0

150.0

1.0

0.2

579

0.7

150.0

151.0

1.0

0.1

1036

1.0

151.0

152.0

1.0

<

571

0.5

152.0

153.0

1.0

<

326

0.3

159.0

160.0

1.0

0.1

402

0.4

160.0

161.0

1.0

0.3

272

0.5

161.0

162.0

1.0

0.6

263

0.8

162.0

162.8

0.8

0.5

227

0.7

162.8

163.6

0.8

0.1

312

0.4

163.6

164.6

1.1

<

93

0.1

164.6

165.8

1.2

1.7

195

1.8

165.8

166.9

1.1

1.0

301

1.2

166.9

168.0

1.2

0.1

313

0.4

168.0

169.0

1.0

0.1

373

0.4

169.0

170.0

1.0

0.1

334

0.4

170.0

170.8

0.8

<

833

0.7

SOURCE: Mawson Gold Limited

Source: Mawson Gold Limited

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Southern Cross Gold Consolidated Ltd.
1090 West Georgia St., Ste. 1305
Vancouver, BC V6E 3V7
Canada