Mawson Gold Limited announce assay results from two trenches located 200 metres east of the current drilled area at the 100%-owned Sunday Creek project in the Victorian Goldfields of Australia. The project is an epizonal- style gold prospect located 56 kilometres north of Melbourne and contained within 19,365 hectares of granted exploration tenements. High grade gold has been discovered in trenching in an undrilled area 200 metres east of the Apollo mine area at Sunday Creek. Highlights include: 14.0 metres at 11.5 g/t gold and 0.3% antimony (Trench 1) including 8.0 metres @ 19.6 g/t gold and 0.4% antimony 2 metres @ 4.9 g/t gold and 0.2% antimony (Trench 2) Mineralization remains open 10 kilometres to the east of these trenches where historic mining was common but no drilling has ever taken place. Mawson has recently completed a 1,600 sample soil survey within this 10 kilometre extension with results to be reported shortly; Drilling continues at Sunday Creek with 24 holes now completed for 5,561 metres drilled. Further drill results will be reported shortly with the aim to report a maiden resource in 2022; Given the advancement of the Company's Finnish assets, and recent gold discoveries made in Australia by the Company, Mawson has commenced an internal corporate strategic review to identify, examine and consider opportunities related to its Australian assets in order to enhance shareholder value. Results from the review will be announced shortly. Mawson initially collected ten grab samples within a 10 metre by 20 metre area that highlighted the surface anomalism east of Mawson's drilling. These grab samples averaged 21.6 g/t Au, 0.3% Sb with a minimum of 6.3 g/t gold, 0.2% antimony and a maximum of 44 g/t gold, 0.5% antimony. To better define the anomaly and to understand the partially covered outcrop, 4 shallow trenches were dug using a small excavator and the floor and the walls of the trenches where sampled. Trench 1 intersected 14.0 metres at 11.5 g/t gold and 0.3% antimony, including 8.0 metres @ 19.6 g/t gold and 0.4% antimony from an iron rich highly altered siltstone with quartz stockwork veining. Trench 2 was then designed to cross-cut Trench 1, and intersected 2 metres @ 4.9 g/t gold and 0.2% antimony. Trenches 3 and 4 where then placed 5-6 metres either side and parallel to Trench 1. The true thickness of the gold mineralized interval is interpreted to be approximately 20% of the sampled thickness in Trench 1 and 95% in Trench 2. No significant gold results were returned from trenches 3 or 4, which can be explained by mineralization trending in a NW-SE orientation, which mimics the main, but not the only, structural controls to gold in the Sunday Creek area. Antimony assays are anomalous over a much larger area, suggesting the presence of leached multi-parallel vein sets. The location, orientation and length of these trenches was limited due to vegetation. A fifth trench located 40m to the northeast did not intersect any significant gold. Channel samples are considered representative of the in-situ mineralization sampled, while grab samples are selective by nature and are unlikely to represent average grades on the property.