Southern Cross Gold Consolidated Ltd reports exceptional high-grade gold and antimony results from its Sunday Creek project, including a remarkable 3.9-meter intercept grading 124.6 g/t gold and assays reaching 2,110 g/t. The findings validate the company's systematic infill drilling strategy and reveal new mineralized zones, enhancing the project's strategic value amid global antimony supply constraints.
- 3.9m intercept at 124.6 g/t gold with individual assays up to 2,110 g/t
- Systematic infill drilling confirms geological model and discovers new veins
- 60m near-surface mineralized zone adjacent to historic Gladys Mine identified
- High-grade antimony values up to 21.6% Sb reinforce critical metal potential
- Extensive 200 km drill program planned through Q1 2027 supported by A$170m treasury
Exceptional Drill Results Highlight Project Potential
Southern Cross Gold Consolidated Ltd (ASX – SX2) has delivered a striking update from its Sunday Creek gold-antimony project in Victoria, Australia. The company announced results from three diamond drill holes that include a standout intercept of 3.9 meters grading 124.6 grams per tonne (g/t) gold, with individual assays soaring to an extraordinary 2,110 g/t. These results rank among the highest-grade intervals recorded at the project to date, underscoring the success of Southern Cross Gold’s systematic infill drilling approach.
CEO Michael Hudson emphasized that the drilling not only reproduced predicted high-grade zones but also uncovered additional vein sets beyond original targets. This dual outcome validates the company’s geological model and suggests a more extensive mineralized footprint than previously understood.
New Discoveries and Strategic Metal Significance
Beyond confirming known high-grade zones, the drilling revealed a new 60-meter near-surface mineralized zone east of the Golden Orb Fault, adjacent to the historic Gladys Mine vein set, the longest on the project at 104 meters strike. This discovery opens up promising new targets for future exploration and potential resource expansion.
Importantly, the results also confirmed high-grade antimony values, with assays up to 21.6% Sb coupled with significant gold grades. Antimony is a critical metal with growing strategic importance, especially amid ongoing Chinese export restrictions that have tightened global supply. Southern Cross Gold’s dual gold-antimony profile positions Sunday Creek as a potentially vital source of this critical metal for Western markets, enhancing the project’s geopolitical and economic relevance.
Robust Exploration Program and Operational Momentum
The company is actively advancing its exploration program, with twenty drill holes currently being processed and eight rigs actively drilling. Southern Cross Gold plans an ambitious 200-kilometer drilling campaign through the first quarter of 2027, supported by a strong treasury of approximately A$170 million. This financial strength underpins the company’s ability to accelerate resource delineation and de-risk the project.
Preliminary metallurgical test work indicates promising recoveries for both gold and antimony using conventional processing methods, further supporting the project’s development potential. The company’s strategic landholdings, including freehold ownership of over 1,000 hectares, provide a solid foundation for ongoing exploration and potential future mining operations.
Context Within Victoria’s Gold Belt
Sunday Creek sits within Victoria’s renowned Lachlan Fold Belt, a prolific gold-producing region that hosts several world-class deposits. The project’s epizonal gold-antimony style is somewhat unique, combining high-grade gold with critical antimony mineralization. This contrasts with the more common mesozonal orogenic gold deposits in the region and may offer distinct processing and economic advantages.
Southern Cross Gold’s results continue to build on a rich history of exploration and mining in the area, with the Gladys Mine and nearby Costerfield Mine providing valuable analogues for mineralization style and metallurgy.
Bottom Line?
With high-grade gold and critical antimony intersected, Southern Cross Gold’s Sunday Creek project is poised for a transformative phase as drilling intensifies and strategic metals gain global prominence.
Questions in the middle?
- How will ongoing drilling refine the continuity and true thickness of the high-grade zones?
- What are the next steps for metallurgical testing to confirm processing viability at scale?
- How might evolving geopolitical dynamics around antimony supply impact project economics?