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Many analysts are favouring gold in 2023, and prices could soar to new heights amid recession fears and heightening demand.
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SXG sits on the list of gold exploration stocks gold analyst Barry Dawes is keeping an eye on for 2023.
Gold exploration company Southern Cross Gold has partnered with disability support service Goulburn Options to create work pathways for people with a disability.
Southern Cross Gold has extended the known high-grade mineralisation to 840m in a drill hole completed at its Sunday Creek gold-antimony project in Victoria.
The company announced a capital raising of $16 million at 58 cents per share last week which took about as long as I took to respond to the St Regis waiter when he asked me “excuse me sir would you like some more?”
Inspired by a near-miraculous but partial assay that returned 305.8m grading 2.4 grams per tonne gold equivalent from 319m, the company closed a placement to raise A$16 million at 58c per share.
Nicholas Mead gives an overview of the conference from our popular booth.
Michael Hudson discusses the growth in known mineralisation at Sunday Creek with the results from holes SDDSC125 & SDDSC126 which include a large 470 m down dip extension with high grade intersections in two “control” holes defining the host structure under the historic Golden Dyke mine.
Michael Hudson discusses his family history in the region of the Sunday Creek project and then gives an update on our activities there and in the market.
Michael Hudson discusses with Sean Sandilands of STK Markets last week’s announcement by the Chinese government that it will soon place export limits on antimony and antimony products coming out of the country.
Michael Hudson discusses high-grade holes SDDSC122 & SDDSC122W1 located on the western side of Rising Sun and 150 m below SDDSC082 that demonstrate continuity of the vertical structure and expand the mineralisation at Sunday Creek.
Michael Hudson discusses the formal signing of the SIA which sets out the terms for the merger between SXG and Mawson Gold in Canada which will consolidate and simplify the ownership of Sunday Creek for an anticipated re-rating of the company on the markets.