Many analysts are favouring gold in 2023, and prices could soar to new heights amid recession fears and heightening demand.

SXG sits on the list of gold exploration stocks gold analyst Barry Dawes is keeping an eye on for 2023.

Gold exploration company Southern Cross Gold has partnered with disability support service Goulburn Options to create work pathways for people with a disability.

Southern Cross Gold has extended the known high-grade mineralisation to 840m in a drill hole completed at its Sunday Creek gold-antimony project in Victoria.

The company announced a capital raising of $16 million at 58 cents per share last week which took about as long as I took to respond to the St Regis waiter when he asked me “excuse me sir would you like some more?”

Inspired by a near-miraculous but partial assay that returned 305.8m grading 2.4 grams per tonne gold equivalent from 319m, the company closed a placement to raise A$16 million at 58c per share.