projects

Southern cross gold Consolidated
projects overview

Southern Cross Gold Consolidated operates three exploration projects, two in Victoria and one in Queensland Australia. They are:

Victoria:

Sunday Creek

100% owned

  • Gold/antimony project 60 km north of Melbourne in central Victoria
  • One of the best new gold exploration discoveries globally in recent times
  • To 31 December 2024, a total of 154 drillholes for 69,694 m at the main Sunday Creek area and 14 holes for 2,383 m drilled regionally have been reported on the property
  • Known mineralization starts at surface and has been drilled to below 1,100 m vertical depth below historic gold mines
  • 59 individual intersections >50 to 100 AuEq g/t x m (“AuEq g/t x width in m”) and 54 individual intersections exceeding 100 AuEq g/t x m reported – globally leading hit rates
  • Soil samples taken across 12 km strike length of the mineralized trend
  • Current IP survey being undertaken over 12 km2
  • SXGC is the freehold landholder of 1,054.5 ha that form the key portion in and around the main drill area and the land immediately adjacent to the south

KEY INTERESECTIONS

RankHole-IDFromToLengthAu g/tSb%AuEq g/tAuEq g/t m
1SDDSC107684.3685.312318.40.32318.92319
2SDDSC077B737.1740.73.6391.90.8393.41416
3SDDSC0914304502062.70.563.71274

Redcastle

100% owned

  • Located 2 km along strike north of Mandalay Resource's Costerfield mine - world's 5th largest producer of antimony and and amongst the highest grade gold mines
  • 24 km east of Agnico Eagle Mines' Fosterville mine - one of the world's highest grade gold mines
  • 17 km of mineralized veins within property that have never been tested at depth
  • 40,000+ historic workings, average previous drilling depth of only 40 m
  • 2,787 m drilled from 16 holes, average depth of 174 m
  • Multiple follow up targets

KEY INTERESECTIONS

HoleDrill Results
RDDH030.1m @ 743.0 g/t AuEq (704.0 g/t Au, 24.7% Sb) from 116.9 m
RDDH070.2 m @ 28.1 g/t AuEq (27.9 g/t Au, 0.1 % Sb) from 67.8 m
RDDH080.2 m @ 20.0 g/t AuEq (17.5 g/t Au, 1.6 % Sb) from 162.6 m

Queensland:

Mt Isa

100% owned

  • Exploring for large iron-oxide-copper-gold (IOCG) and Broken Hill type (BHT) or Cannington-style Pb-Zn-Ag deposits
  • Three exploration prospecting licences for 387 km2 of granted exploration licences in the Cloncurry district of Mt Isa
  • 37 km of strike surrounded by South32 Ltd and Anglo American.
  • First drill hole paid for under the Queensland Government’s Collaborative Exploration Initiative reached 849.7 m with basement rocks intersected at 318 m
  • Several follow up targets identified

Strategic investment in Nagambie Resources Ltd

Southern Cross Gold Consolidated holds a strategic 6.7% shareholding in Nagambie Resources Ltd which, for as long as we hold the shares, gives us a right of first refusal over a large tenement package held by Nagambie that stretches across central to northern Victoria and provides a unique source of deal flow into the future.