Southern Cross Gold Ltd Reports Exceptional Progress at Sunday Creek Gold-Antimony Project.

Dec 31, 2024

Southern Cross Gold Ltd (ASX: SXG) reported robust progress for the quarter ending 30 November 2024, highlighting Sunday Creek as a premier gold-antimony discovery. Drilling delivered exceptional results, including 0.16m @ 3,352 g/t AuEq at Rising Sun and 186m @ 9.6 g/t AuEq at Apollo. The project now spans a 1,350m mineralized strike, with 67 high-grade vein sets identified. Regional exploration expanded with a 12 km² IP survey targeting multiple prospects.

Corporate advancements include FIRB approval for land acquisitions, increasing Sunday Creek holdings to 1,054.51 hectares, and securing full ownership of the Redcastle JV. A Scheme of Arrangement with Mawson Gold was also approved. Golden Dyke emerged as the third significant discovery, with 214.4m @ 1.3 g/t AuEq and visible gold occurrences. The project is strategically significant, especially given antimony's importance amid global supply concerns, positioning SXG as a key player in the gold-antimony sector.

 

 

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