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Southern Cross Gold has struck high-grade gold and antimony over a wide zone measuring over 119 metres at its Victorian project.
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Southern Cross has uncovered a spectacular prize at its Sunday Creek project after drilling returned a 119.2m intersection grading 3.9g/t gold equivalent in a previously untested area.
Freehold ownership secures surface access for the company and provides sufficient area for any potential future gold operation.
Sunday Creek General Manager Lisa Gibbons says, the Melbourne Zone, where the Sunday Creek project is located, is underexplored compared to other old goldfields in Australia.
Southern Cross Gold has kept its pre-IPO promise of delivering results quickly after listing, with more multiple high-grade gold and antimony assays returned from drilling at Sunday Creek.
Southern Cross Gold general manager Lisa Gibbons has been recognised for her exceptional work in the mining industry at the 2022 Victorian Women in Resources Awards.
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.