Mawson Gold Limited announced new results from three drillholes from the South Palokas prospect, completed during the recent 19.4 kilometre drill program at the Company's 100%-owned Rajapalot project in Finland. These increase the mineralized footprint and improve continuity of previous high-grade intersections. Highlights: Results are presented here for three diamond drill holes totaling 853.5 metres from the South Palokas prospect as part of the Company's 76-hole, 19,422 metre 2020/21 drill program at the Company's 100%-owned Rajapalot project in Finland. PAL0235 intersected 15.3 metres @ 3.0 g/t Au, 998 ppm Co, 3.9 g/t AuEq from 439.5 metres including 2.0 metres @ 11.2 g/t Au, 1,019 ppm Co, 12.0 g/t AuEq from 447.5 metres: PAL0235 significantly opens up high-grade gold potential at depth at South Palokas. The closest high-grade drill hole, located 160 metres up plunge from PAL0235, was previously reported PAL0213 (17.7 metres @ 3.8 g/t Au, 880 ppm Co, 4.3 g/t AuEq from 293.0 metres and 6.0 metres @ 9.2 g/t Au, 1,364 ppm Co, 10.0 g/t AuEq from 317.0 metres; PAL0235 was deepened this drill season following its early termination at 176.9 metres last drill season owing to the spring thaw in 2020. PAL0288 intersected 11.0 metres @ 4.0 g/t Au, 756 ppm Co, 4.6 g/t AuEq from 119.0 metres (vertical depth 105 metres), including 4.0 metres @ 9.6 g/t Au, 676 ppm Co, 10.1 g/t AuEq from 124.0 metres. PAL0288 was drilled on a section between holes PAL0122 and PAL0204 (17.7 metres @ 3.8 g/t Au, 880 ppm Co from 293.0 metres) that lies within the confines of the Whittle Constrained pit published as part of the 2020 Inferred Mineral Resource. PAL0290 intersected 20.0 metres @ 1.7 g/t Au, 529 ppm Co, 2.1 g/t AuEq from 240.0 metres, including 11.6 metres @ 2.8 g/t Au, 541ppm Co, 3.2 g/t AuEq from 242.0 metres; PAL0290 was drilled 30 metres to the west of PAL0173 (17.0 metres @ 3.0 g/t Au, 827 ppm Co, 4.3 g/t AuEq) to determine the grade and western extents of the mineralization beyond the 2020 Inferred Mineral Resource; A total of 47 drill holes for 11,746 metres from five individual prospect areas remain to be reported through July/August 2021, with a resource upgrade scheduled during August 2021; In other important news, new mise-á-la-masse geophysical work (physical property = electrical conductivity) at Palokas and South Palokas indicates electrical connectivity based on cross-hole measurements. The continuity of the stratabound gold-cobalt package between both prospects further enhances the prospectivity between the two locations.