Mawson Gold Limited announced further high-grade gold mineralization from a step out from the most easterly extensions of Apollo at the Creek Project in Victoria The Creek epizonal-style gold project is located 60 km north of Melbourne within 19,365 hectares of granted exploration tenements. SXG is also the freehold landholder of 132.64 hectares that forms the key portion in and around the drilled area at the Creek Project. Creek has a 10 km mineralized trend that extends beyond the drill area and is defined by historic workings and soil sampling which have yet to receive any exploration drilling and offers potential future upside.

Drill holes SDDSC051 and SDDSC052 were drilled as 40 m step outs to test the most easterly extensions of the project at the Apollo prospect below historic mining areas from the 1880's. The holes are located 500 m east of drillhole SDDSC050. SDDSC052 intersected three separate high-grade veins sets. The same three veins sets were also observed in SDDSC051, in this case with anomalous arsenic and low levels of gold, the hole was considered a near miss by SXG.

The development of gold bearing zones is restricted to the 50 m to 100 m wide host dyke breccia, with near miss interactions outside of this zone now able to be identified and traced towards higher grades, such as those located in SDDSC052. project location and plan and longitudinal views of drill results reported here and Tables 1-3 provide collar and assay data. Holes reported here were drilled at a high angle to both the host breccia dyke and predominant NW high-grade mineralization trend and therefore the true thickness of the mineralized interval is interpreted to be approximately 60-70% of the sampled thickness.

Lower grades cut at 0.3 g/t lower cutoff over a maximum of 3 m with higher grades cut at 5.0 g/t AuEq cutoff over a maximum of 1 m. Drilling with three rigs is in progress at Creek at the Golden Dyke, Rising Sun and Apollo prospects. 11 holes (SDDSC53-60, 62, 63, 65) are being geologically processed and analyzed, with three holes (SDDSC061/64/66) in drill progress.