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Yet more spectacular numbers have been reported by Southern Cross Gold from its Sunday Creek gold and antimony exploration play near Melbourne.
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Southern Cross Gold has been granted approval from the Foreign Investment Review Board to acquire key land on properties surrounding its prospective Sunday Creek gold project in Victoria.
Southern Cross Gold (SXG) is set to take control of a ‘significant’ swathe of prime gold-antimony mining land 60km north of Melbourne.
The local mining industry has welcomed a number of changes made by the Victorian government in support of the sector.
Victoria is a world-renowned gold province with a variety of deposit styles and pre-competitive geoscientific data and knowledge to improve targeting and reduce mineral exploration risk.
The latest drilling results reported by Southern Cross Gold from its high-grade Sunda y Creek gold-antimony project near Melbourne in Victoria have included an impressive-looking 186m grading 8.8 grams per tonne gold at the Apollo prospect.
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.
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