Exploration company Southern Cross Gold has announced a “spectacularly wide” and high-grade intersection of gold-antimony mineralisation from a drill hole at its wholly-owned Sunday Creek project in Victoria.

Southern Cross’ deepest hole at its Sunday Creek project in Victoria is proving to be a true winner on several counts, including a wide and rich gold-antimony intersection.

A partial assay from the deepest hole completed so far, which was also drilled in a new orientation has returned 305.8m grading 2.4 g/t gold equivalent from 319m.

Southern Cross Gold has reported a 50% increase in the number of drill rigs operating across multiple targets at the Sunday Creek gold-antimony project in Victoria.

Another goldie presenting at IMARC Forwood and Lowell have on their radar is Southern Cross Gold.

Under $150 million was spent exploring for metals as recently as 2017-18; that has risen each year to a touch under $400m last financial year.