
Southern Cross Gold Consolidated Ltd.
Southern Cross Gold Consolidated Ltd is exploring for epizonal gold in the Victorian goldfields. We trade on the Toronto Stock Exchange (TSX) and the Australian Securities Exchange (ASX) and the current entity was formed on January 15, 2025 after the merger between Mawson Gold Ltd (TSXV) and Southern Cross Gold Ltd (ASX).
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. SXGC is also the freehold landholder of 1,392 ha that form the key portion in and around the main drill area and the land immediately adjacent to the south.
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. Mineralization has been drilled over 1,500 m along strike and remains open beyond 1,245 m depth along an 11,000 m mineralized corridor. Hit rates are globally leading with 79 composite intersections exceeding 100 Au g/t Au from 113,000 m drilled and reported at the property. The project also contains significant critical metal potential by-product of antimony.
We are fully permitted and funded with A$133 million in the bank, and currently have 10 diamond drill rigs operating alongside the commencement of an exploration decline (moving to 22 rigs), with a continuous flow of significant news to the market.