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Exploration company Southern Cross Gold has announced a “spectacularly wide” and high-grade intersection of gold-antimony mineralisation from a drill hole at its wholly-owned Sunday Creek project in Victoria.
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Southern Cross’ deepest hole at its Sunday Creek project in Victoria is proving to be a true winner on several counts, including a wide and rich gold-antimony intersection.
A partial assay from the deepest hole completed so far, which was also drilled in a new orientation has returned 305.8m grading 2.4 g/t gold equivalent from 319m.
Southern Cross Gold has reported a 50% increase in the number of drill rigs operating across multiple targets at the Sunday Creek gold-antimony project in Victoria.
Another goldie presenting at IMARC Forwood and Lowell have on their radar is Southern Cross Gold.
Under $150 million was spent exploring for metals as recently as 2017-18; that has risen each year to a touch under $400m last financial year.
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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