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Gold exploration success story Southern Cross Gold could ultimately define 3 million ounces grading around 10 grams per tonne at its Sunday Creek project in the Victorian Goldfields.
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The breakout in gold prices since February has been largely ignored by mainstream investors...investment advisors have less than 1% exposure to gold, the highest percentage of aversion since 2019.
A company associated with famous North American uber gold bull Pierre Lassonde is underwriting a A$10.2 million non-renounceable rights issue being undertaken by explorer Southern Cross Gold.
Costco, which started offering gold bars last year online and in a few stores, has been selling out within hours. Gold buyers, especially those on the younger side, say it is a hedge against catastrophe.
A potential future new gold mine near Melbourne, Victoria, has been sketched out by capital markets firm Bell Potter.
Southern Cross Gold intends to dual list on one of the Canadian exchanges. SXG is up 900% since listing in 2022.
Michael Hudson describes the exciting results from SDDSC067 including the highest grades of antimony at Sunday Creek.
Michael Hudson gives us a roving tour of the core samples on display at the AIG Victorian Minerals Round-up, showing examples from Sunday Creek and Agnico Eagle's Fosterville mine .
Michael Hudson discusses the frequency of grade and the scale at Sunday Creek is now comparable globally to other exploration projects and how the company will stay focussed on going up the "Lassonde Curve" of increasing the size of mineralisation.
Michael Hudson discusses Sunday Creek’s regularity of high-grades, scale and continuity of mineralisation which leads us to believe it is one of the most exciting gold drill discoveries in Australia.
Michael Hudson discusses of the significance of the increasing abundance of visible gold at the deepest intersection of mineralisation at Sunday Creek.
Nicholas Mead discusses how far the company has come in the past 12 months and where it is headed.