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Southern Cross Gold (SXG) has struck wide and high-grade gold at its Sunday Creek project in the Victorian goldfields.
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Southern Cross Gold has returned assays grading up to 81g/t gold and 3.4% antimony from recent drilling at its Victorian project.
Southern Cross is well-funded to accelerate evaluation of its properties, primarily the 100%-owned Sunday Creek project in Victoria, where the drill rigs continued to operate throughout the IPO process.
Southern Cross Gold has listed on the ASX with an existing gold-antimony discovery and enough funding to keep the drill bit spinning until 2024, a serious difference from many of its peers.
Breathing new life into Victoria’s historic goldfields using modern exploration technology will be a priority for Southern Cross Gold (ASX: SXG) when it makes its ASX debut on Monday 16 May.
The company is setting up a full-on site tour of its Sunday Creek, Whroo/Balaclava and Redcastle tenements on 19 May which will include an up-close look at operating drill rigs and the Nagambie drill core sheds.
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.