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At $0.80 and an enterprise value of just under $140 million, I still think this project is good for 1Moz of gold (equivalent). Good to see interest back in Victorian gold plays.
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Southern Cross Gold (ASX:SXG) came to market in 2022 chasing riches in the historic mining state, where new discoveries and mines have run dry in recent years.
An impressive 2670g/t gold. That’s the top interval that Southern Cross reported within an equally astonishing 404.4m intercept at 5.1g/t gold from drilling at its Sunday Creek project in Victoria.
Exploration company Southern Cross Gold (ASX: SXG) has confirmed the best hole drilled to date containing a series of bonanza grades at its wholly-owned Sunday Creek project in Victoria.
A little-known ASX mining share is shooting out the lights today.
VICTORIAN gold explorer Southern Cross Gold’s Sunday Creek project has again proven its bona fides as a serious discovery with its best hole by far.
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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