12.2m at 33.3 g/t AuEq Highlights Southern Cross Gold’s Sunday Creek Potential
Southern Cross Gold Consolidated has reported exceptional high-grade gold and antimony drill results at its Sunday Creek Project, including a standout 12.2m intercept at 33.3 g/t AuEq. The drilling has connected two major mineralized systems, expanding the project's potential significantly.
- 12.2m at 33.3 g/t AuEq including 0.2m at 1,050 g/t gold
- Golden Dyke and Rising Sun zones linked as one mineralized system
- Drilling extends known mineralization to over 600m depth
- Critical antimony content adds strategic value amid global supply risks
- Ongoing 200,000m drill program through 2027 to expand resource
Record-Breaking Drill Results at Golden Dyke
Southern Cross Gold Consolidated Ltd (ASX, SX2) has unveiled a series of outstanding drill results from its 100%-owned Sunday Creek Gold-Antimony Project in Victoria, Australia. The highlight is a remarkable 12.2-metre intercept grading 33.3 grams per tonne gold equivalent (AuEq), including an extraordinary 0.2-metre sample assaying 1,050 g/t gold. This intercept, from drillhole SDDSC188 at a depth of 447 metres, represents the best composite and highest individual gold assay recorded to date at the Golden Dyke prospect.
Linking Golden Dyke and Rising Sun, A Large-Scale Mineralized System
Importantly, the recent drilling has successfully linked the Golden Dyke and Rising Sun mineralized zones, demonstrating they are part of the same extensive gold-antimony system. Golden Dyke has now been confidently defined to a depth of 600 metres, with Rising Sun extending even deeper to over 1,100 metres. This connection significantly expands the known mineralized footprint and adds considerable tonnage potential to the project.
Strategic Importance of Antimony in a Critical Minerals Context
Beyond the impressive gold grades, Sunday Creek's antimony content; a critical metal with growing supply constraints; adds strategic value. With China imposing export limits on antimony, Southern Cross Gold’s project is well-positioned to supply Western markets where demand for antimony in defence, semiconductors, and energy transition technologies is rising. The antimony contributes approximately 20% of the in-situ value, enhancing the project's economic optionality.
Robust Metallurgical Testing and Ongoing Exploration
Metallurgical studies have demonstrated high recoveries of both gold and antimony, with gravity and flotation processes yielding promising concentrate grades. Southern Cross Gold is advancing these studies alongside a substantial 200,000-metre drilling program planned through 2027. This ongoing exploration aims to further delineate and expand the resource, targeting extensions at depth and along strike.
Executive Remuneration and Corporate Developments
In parallel with exploration progress, the company announced a remuneration review resulting in an increase to CEO Michael Hudson’s base salary to AU$620,536, reflecting the company’s growth and operational milestones. This adjustment underscores management’s commitment to advancing the project through its critical development phases.
Bottom Line?
Southern Cross Gold’s breakthrough drilling and strategic positioning in critical minerals set the stage for a potentially transformative resource update in 2026.
Questions in the middle?
- How will ongoing drilling refine the resource estimate and impact project economics?
- What are the implications of global antimony supply constraints for project valuation?
- How soon can metallurgical and feasibility studies translate into development decisions?
