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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.
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.