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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.
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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.
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.
Michael Hudson describes the three new results from holes SDDSC111, 112/112W1 and 116 at Apollo where we are starting to test at depth and which is continuing to get better.
Michael Hudson discusses how holes SDDSC110, 113 & 114 have demonstrated how we can build ounces at a lower cost base at Sunday Creek.
Michael Hudson talks to Karl Woll at Vrify about exploration generally and how AI could be used as an extra tool to find more gold and antimony at Sunday Creek.
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.