corporate

Overview

about southern cross gold LTD

Southern Cross Gold Ltd (ASX: SXG) is exploring for epizonal gold in the Victorian goldfields. We started trading on the Australian Securities Exchange (ASX) via an initial public offering on 16 May, 2022 under the symbol "SXG".

Our flagship project, the 100%-owned Sunday Creek epizonal-style gold project, is located 60 km north of Melbourne within 19,365 ha of granted exploration tenements.  SXG is also the freehold landholder of 133.29 ha that form the key portion in and around the main drill area.

Sunday Creek is considered to be one of the best new high grade and large exploration discoveries to come out of Australia in recent times. Mineralisation has been drilled over 1,200 m along strike and remains open beyond 1,100 m depth along a 11,000 m mineralised corridor.  Hit rates are globally leading with 31 individual intersections exceeding 50 AuEq g/t x m (“AuEq g/t x width in m”) and 30 individual intersections exceeding 100 AuEq g/t x m to 29 February 2024 with 44,083 m drilled and reported at the property.  The project also contains the significant critical metal potential by product of antimony.  

We are fully permitted and funded and currently have four diamond drill rigs operating with a continuous flow of significant news to the market.

To find out the latest details of our latest activities please refer to our ASX announcements and presentations.

Our corporate objectives are to discover and develop large, long-life, sustainable assets which create value for shareholders and all stakeholders in the community.

Structure

Southern Cross Gold Ltd owns three subsidiaries which are:

Southern Cross Gold corporate structure:

Southern Cross Golds Corporate Structure table