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Much vaunted exploration company Southern Cross Gold has hailed an "extremely encouraging" drill result from below the Golden Dyke prospect that shows the mineral system continuing 450m below the main historic mines at the Sunday Creek project near Melbourne.
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Southern Cross Gold has again reported eye-catching assays from its flagship Sunday Creek epizonal gold-antimony project in Victoria, adding two record intersections to its leaderboard and confirming the deposit appears to be improving at depth.
Canadian-listed Mawson Gold wants to reverse its spin-out of Victorian precious metals explorer Southern Cross Gold, pitching a merger that would result in the combined company being listed on the Australian and Toronto stock exchanges.
Two years after Mawson Gold successfully spun out its Australian gold projects to focus on its Scandinavian interests, the two companies are set to recombine and undo the past two years of corporate changes.
Southern Cross caught the attention of the gold bugs early last week with a deep diamond drill hit at its Rising Sun prospect within its 195-square-kilometre Sunday Creek epizonal gold project in the prospective structural Melbourne Zone, about 60km north of Victoria’s capital city.
Cashed-up Southern Cross Gold is looking to deliver more ultra-high-grade g old hits in Victoria, planning to double drilling coverage of its flagship Sunday Creek project.
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.