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SXG Extends Mineralization at Sunday Creek Project

Mawson Gold Limited (TSXV:MAW) announces significant developments at its Sunday Creek Gold-Antimony Project, managed by Southern Cross Gold Ltd. (SXG). The results from four diamond drill holes at the Rising Sun and Golden Dyke prospects show promising mineralization.

Highlights include SDDSC121W1, which intersected multiple high-grade veins at Rising Sun, including 0.4 m @ 311.3 g/t Au and 3.4 m @ 53.7 g/t Au. Drillhole SDDSC120 discovered new mineralized zones 450 m down dip at Golden Dyke, indicating substantial depth potential.

A fifth drill rig has been added, with ongoing drilling at the Christina prospect. Mawson holds a 49.3% stake in SXG, valued at A$211.5 million. This exploration success underscores the project's potential, with further drilling planned to better understand the system's depth and continuity.

R. P.

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