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Southern Cross drills its best hole to date in SDDSC082, a ‘spectacularly long and high-grade intersection of gold-antimony mineralisation’ Shares are up 64% since the start of September as the company continues its mission to tap into the underexplored potential of Victoria’s Goldfields
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Southern Cross Gold has drilled a new record intersection of gold and antimony mineralisation at its 100%-owned Sunday Creek project in Victoria.
The historical Sunday Creek gold field, just 60km outside Melbourne, continues to show all the hallmarks of a large epizonal discovery that, with persistence, might someday rank alongside Costerfield and Fosterville.
Since the middle of last year Mike Hudson has steered the ship at Southern Cross Gold, hoping to make a discovery in the style of the legendary Fosterville gold mine across 20,000 hectares of exploration ground known as the Sunday Creek project.
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.
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.
Michael Hudson discusses the success of the four holes drilled towards the historic Christina mine which found two new vein sets up to 250 m away from previous drilling.
Michael Hudson discusses another great result from the newly named RS50 vein at Rising Sun.
Michael Hudson gives Stockhead a quick summary of SDDSC082 and explains how he feels personally about the hole
Michael Hudson, MD, discusses SDDSC082 - the latest best hole ever at Sunday Creek. 331.5 m @ 6.8 g/t Au from 413.6 m (uncut).
Michael Hudson channels cricketing legends when discussing how SDDSC082 'hit it out of the park' with Kerry Stevenson
Michael Hudson discusses how SXG keeps producing great results one after the other with Sean Sandilands
SOUTHERN CROSS GOLD LTDABN: 70 652 166 795Level 21459 Collins StreetMelbourne Vic 3000 Australia
For Corporate EnquiriesJustin Mouchacca - Corporate Secretaryp: +61 3 8630 3321e: email@example.comFor Shareholder EnquiriesNicholas Mead p: +61 415 153 122e: firstname.lastname@example.orgFor Community RelationsLisa Gibbons - General Managerp: 1800 717 638 or (03) 4310 2692e: email@example.com