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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.
MD Michael Hudson discusses the success of finding a a new mineralised vein set 450 m vertically down dip below previous drilling at Golden Dyke.
Michael Hudson and Kenny Bush explain why Sunday Creek is not nuggety and slides from the Victorian government representative explaining how the state is open for business for mining and why Sunday Creek ticks all the boxes for gaining government support.
Michael Hudson discusses SDDSC119 & SDDSC119W1 which drilled an extension of mineralisation 200 m from Apollo to Apollo East and infilled a 260 m gap in Apollo Deeps which demonstrate the continuity of mineralisation at Sunday Creek.
MD Michael Hudson discusses SDDSC118, our deepest hole on the project at Rising Sun which produced three intercepts greater than 900 g/t, two of which are in our top 10 intercepts and three new vein sets at depth.
Chairman Tom Eadie and MD Michael Hudson discuss the benefits and opportunities emanating from the proposed merger with Mawson Gold and dual listing in Canada.
Kenny Bush and Michael Hudson give an in depth and technical update of the Sunday Creek project.
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