Mawson Nordic Drill Program Update

About this update from Southern Cross Gold Consolidated Ltd.

[{"type":"text","content":"Mawson Nordic Drill Program UpdateVANCOUVER, BC / ACCESSWIRE / May 9, 2022 / Mawson Gold Limited (\"Mawson\") or (the \"Company\") (TSX:MAW)(Frankfurt:MXR)(OTC PINK:MWSNF) announces the commencement of drilling at the Skellefteå North project in Sweden, and results of its winter scout drilling program at the 100% owned-Rajapalot gold-cobalt resource project in northern Finland.Highlights:Maiden drill program to commence on the outcropping Dalbacka discovery at the Skellefteå North project (5 holes / 600 m).Drillholes targeted beneath outcropping gold, defined by channel samples grading 4.5 g/t gold over 3.8 m and 5.4 g/t gold over 1.6 m within 180 m long outcrop coincident with a 2km regional magnetic structure (Figure 2).2,500 ha exploration permit package located in renowned Skellefte Belt, a modern goldfield with over 6 million ounces of gold produced (Figure 1).Scout drilling at Rajapalot in Finland (26 holes / 5,317 m) targeting near surface mineralization adjacent but outside of resource areas has been completed with no material results (Figure 3).1 Moz AuEq Rajapalot Inferred Resource bodies all remain open at depth, with PEA in progress (Figure 4).Mr. Fairhall, CEO, states \"Given Skellefteå North is flanked by four mines having produced in excess of 6 million ounces, it is remarkable this discovery has only just been made and we are excited to be now undertaking the maiden drill program on the project. Whilst we would have liked to see our scout drilling in Finland in the near-resource area produce better results, all resources remain open and approximately 90% of 18,000 ha Rajapalot land package is untested with drilling so the exploration opportunity remains high in Finland. Meanwhile PEA study work is in full swing to articulate the value in our already defined million ounce gold-equivalent resource at Rajapalot.\"Skellefteå NorthThe drill rig is planned to mobilize shortly to the Skellefteå North project. The program is initially scoped as a 5 hole program to test the Dalbacka Prospect (see Figure 2), where an approximately 180 m long outcropping mafic dyke intrudes a deformed pyrrhotite-bearing graphitic black shale that extends as a magnetic anomaly to the east and west under cover for approximately 2 km.The Skelleftea North Gold Project consists of 2,500 ha of contiguous 100%-owned claims...

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