http://www.qsl.net/g4wpw/md100.html
Do you have the spec sheet for the mic? This source says supply +5v on Pin 2 of the circular connector.
I wouldn't go cutting any traces.
Four approaches:
1. Supply voltage thru pin2 of the circular connector and use the modular connector for connection to radio
2. Add additional wiring to internal circuit board for battery/power supply
3. Wire up circular connector for connection to radio, but with breakout wiring to power source
4. Modify the radio to provide power thru existing pins.
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