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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.
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.
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