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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.
Michael Hudson describes the process for eligible shareholders to participate in the 1 for 33 Rights Issue to raise $10.23 million at $1.82.
Michael Hudson gives an update on the great success we have had in drilling at the Rising Sun and Apollo/Apollo Deep zones at Sunday Creek and looks ahead to a bright future for the company including our intention to list in Canada!!
Michael Hudson explains the the reasons behind the decision the intention of a dual listing for SXG in Canada.
The PDAC Core Shack where Exploration Manager manned the SXG booth to show core from Sunday Creek to describe the nature of the high grade mineralisation.
Michael Hudson discusses the best hole drilled to date at Sunday Creek, that returned a spectacularly long and high-grade intersection of gold-antimony mineralisation including 1.0 m @ 2,318 g/t Au drilled within 455.3 m @ 7.2 g/t Au from 413.6 m (uncut).
Michael Hudson and Kenny Bush go into a deep dive discussion with Gorm Henriksen of ValPal Equity Research about the history and strategy of SXG going forward, including the intention to list in Canada, but also the geological model at Sunday Creek looking at the continuity of grade in individual veins and the strike expansion potential both the the east and west of the main drill area. There are detailed timestamps below the video for you to jump to whichever topic you'd like to listen to.
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