Southern Cross Gold Unveils Stunning High-Grade Gold-Antimony Hits at Sunday Creek

• 3.1m at 41.8 g/t gold equivalent including 22.7 g/t gold and 8.0% antimony
• Mineralization extended 75m east and 115m down-dip beyond previous drilling
• High-grade intersections confirmed at depths exceeding 1,000m
• Antimony grades up to 33.7% reinforce critical metal status
• Ongoing 200,000m drilling program planned through 2027

Exceptional Drill Results Expand Sunday Creek's Potential

Southern Cross Gold Consolidated Ltd (ASX – SX2, TSX – SXGC) has announced a series of compelling drill results from its 100%-owned Sunday Creek gold-antimony project in Victoria, Australia. The latest assays from four diamond drill holes at the Apollo and Apollo East prospects reveal extraordinary grades, including a standout 3.1-metre intersection averaging 41.8 grams per tonne gold equivalent (AuEq), which comprises 22.7 g/t gold and 8.0% antimony. This discovery not only confirms the presence of high-grade mineralization but also extends the known mineralized system significantly both laterally and at depth.

Significant Extensions and Depth Continuity

The drilling has pushed mineralization 75 metres east and 115 metres down-dip beyond previous limits, highlighting the system's robust continuity. Notably, high-grade gold intersections exceeding 100 g/t were encountered at depths greater than 900 metres, including a remarkable 115 g/t gold hit at just over 1,000 metres depth. These results validate Southern Cross Gold's deep drilling strategy and suggest that the Sunday Creek system remains open for further expansion, both along strike and at depth.

Strategic Importance of Antimony

Alongside gold, the project boasts exceptional antimony grades, with assays reaching up to 33.7%. Antimony is a critical metal with growing strategic importance due to its applications in semiconductors, defense, and energy transition technologies. Supply constraints, exacerbated by recent Chinese export restrictions, have elevated antimony's value on the global market. Southern Cross Gold's Sunday Creek project is positioned as one of the few significant Western sources of this critical mineral, enhancing its strategic and economic appeal.

Robust Metallurgical Foundations and Future Drilling

Preliminary metallurgical testing indicates that both gold and antimony can be effectively recovered using conventional processing methods, with gold recoveries between 93-98%. The company is advancing these studies to optimize concentrate quality and recovery rates. Southern Cross Gold has outlined an ambitious 200,000-metre drilling program through 2027, deploying nine rigs to systematically expand and infill the resource, with a focus on high-grade zones and depth extensions.

A Project with Growing Strategic and Economic Significance

Sunday Creek's dual-metal profile, combining high-grade gold with critical antimony, places it at the forefront of Australia's emerging critical minerals landscape. The project's location in a stable, tier-one jurisdiction further enhances its attractiveness. As Southern Cross Gold continues to unlock the system's potential, investors and industry watchers will be keenly observing forthcoming drill results and resource updates that could redefine the project's scale and value.

Bottom Line?

Southern Cross Gold’s latest drill results at Sunday Creek underscore a growing high-grade gold-antimony system with strategic importance, setting the stage for a transformative resource expansion.

Questions in the middle?

• How will ongoing metallurgical testing refine recovery rates and processing costs for gold and antimony?
• What are the implications of recent antimony supply constraints on the project's economic valuation?
• How might future drilling campaigns alter the resource classification and potential mine plan at Sunday Creek?