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Company News
Industry welcomes strong governmental support for Victorian mining sector
The local mining industry has welcomed a number of changes made by the Victorian government in support of the sector. The Minerals Council of Australia (MCA) says the state’s Critical Minerals Roadmap has put Victoria firmly on the map as a supplier of strategic minerals, with approvals for two mineral sands projects a major step […]
Market wrap: Melbourne Cup day rate rise stunts market rally
The high likelihood of a Melbourne Cup Day rise in official interest rates combined with weakness on Wall Street ensured that the Australian share market remained subdued and just above a yearly low. Despite some resistance in the form of a 14.6 point or 0.2% rise in the ASX 200 to reach 6826.9 points on […]
Southern Cross Gold drills best intersection to date at Sunday Creek project
Southern Cross Gold (ASX: SXG) has drilled a new record intersection of gold and antimony mineralisation at its 100%-owned Sunday Creek project in Victoria. Hole SDDSC082 returned 6.8 grams per tonne gold with 331.5 metres of gold-antimony mineralisation. This has provided a 180m to 290m down dip extension of a previous drilled mineralised zone at […]
Southern Cross Gold confirms best hole to date plus bonanza grades at Sunday Creek project
Exploration company Southern Cross Gold (ASX: SXG) has confirmed the best hole drilled to date containing a series of bonanza grades at its wholly-owned Sunday Creek project in Victoria. A “spectacularly wide” and high-grade intersection of gold-antimony mineralisation was returned from the Rising Sun prospect with a best result of 404.4 metres at 5.6 grams […]
Southern Cross Gold hits new vein at Sunday Creek, extends known mineralisation
Victorian explorer Southern Cross Gold (ASX: SXG) has again extended the known mineralisation at its Sunday Creek old-antimony project after intersecting a new vein. The six drill holes all reported some of the highest grades so far. Hole 067 intersected 0.6m at 161.6 grams per tonne gold equivalent, or 87.6g/t gold and 46.8% antimony, with […]
Southern Cross Gold intersects third best hole to date at Sunday Creek gold project
Junior explorer Southern Cross Gold (ASX: SXG) has intersected its third best hole on record during drilling at the Sunday Creek gold project in Victoria. The hole was designed to test five high-grade vein sets and returned nine intercepts grading more than 15 grams per tonne gold (up to 188.8g/t) and six of more than […]
Victorian budget creates mixed emotions within the mining sector
This week’s Victorian Government 2023 budget announcements have received mixed reactions from the state’s mining sector. While some miners have welcomed the government’s initiatives to improve regulatory issues that have plagued the state for many years, others have identified the decision to increase taxes as a major disincentive to future investment. The Victorian Branch of […]
Southern Cross Gold hits deepest gold yet on its one-year anniversary
One year to the day since it listed in Australia, Victoria explorer Southern Cross Gold (ASX: SXG) has reported the deepest mineralisation so far at its Sunday Creek gold-antimony project. At a depth of 889.6m down hole, drilling of Hole .64 intersected 1.2m at 121.8 grams per tonne gold. SDDSC064 is a 115m down-dip extension […]
Southern Cross Gold confirms continuity and grade of new vein set at Sunday Creek project
Southern Cross Gold (ASX: SXG) has announced high-grade results from three new drill holes at the wholly-owned Sunday Creek project in Victoria. Drilling of the first hole at the Rising Sun target was designed to test the continuity and grade of a new vein set at depth. Highlights were 14.6 metres at 7.3 grams per […]
Southern Cross intersects bonanza 249.5g/t gold in drilling at Sunday Creek
Southern Cross Gold (ASX: SXG) has intersected a bonanza 249.5 grams per tonne gold from 691 metres during drilling at the Sunday Creek project in Victoria. The company also reported multiple points of visible gold between 691m and 695.1m depth at the Rising Sun Shoot, making it the second deepest intersection on the project to […]
Company Videos
Southern Cross Gold continues drilling success with high-grade intercepts at Sunday Creek
Southern Cross Gold builds momentum at Sunday Creek with more bonanza gold results
Southern Cross Gold extends gold mineralisation at Sunday Creek
Southern Cross Gold’s Sunday Creek project continues to impress
Southern Cross Gold continues success at Sunday Creek with bonanza gold hits
Southern Cross Gold intersects wide zones of high-grade gold at Sunday Creek
