Business
Southern Cross Gold Extends High-Grade Gold-Antimony Mineralization 200 Metres to West at Christina, Sunday Creek
VANCOUVER, BC / ACCESSWIRE / February 25, 2025 / Southern Cross Gold Consolidated Ltd ("SXGC", "SX2" or the "Company") (TSXV:SXGC) (ASX:SX2) (OTC PINK:MWSNF) (F
About this update from Southern Cross Gold Consolidated Ltd.
[{"type":"text","content":" VANCOUVER, BC / ACCESSWIRE / February 25, 2025 / Southern Cross Gold Consolidated Ltd (\"SXGC\", \"SX2\" or the \"Company\") (TSXV:SXGC) (ASX:SX2) (OTC PINK:MWSNF) (Frankfurt:MV3.F) announces results from five drill holes: SDDSC140, SDDSC142, SDDSC146, SDDSC146W1 and SDDSC148 at the Christina prospect, part of the 100%-owned Sunday Creek Gold-Antimony project in Victoria. Mineralization has been extended by a strike length of 15% or 200 m westward of Christina and now spans 1.5 km from Apollo East to Christina and remains open to the east of Apollo, west of Christina and down-dip. HIGH LEVEL TAKEAWAY Sunday Creek's latest drilling results underscore its emergence as a strategically vital Western gold-antimony discovery at a critical geopolitical moment. New drilling materially expands the project's footprint by 15% while confirming its high-grade potential. The mineralized trend was expanded from 1.3 km to 1.5 km length at the Christina prospect. Drillhole SDDSC148 intercepted the mineralized zone over 330 m and identified six new vein sets and 12 instances of visible gold - highlighted by exceptional intercepts like 1.0 m @ 20.8 g/t AuEq, 0.5 m @ 76.1 g/t AuEq and 0.5 m @ 41.3 g/t AuEq. This demonstrated the robust nature of the system and its potential for further expansion. But beyond the compelling gold economics, Sunday Creek's significance has been amplified by China's September 2024 antimony export restrictions, which created urgent demand for Western antimony supply, particularly for defence and semiconductor applications. The project's dual-metal profile, with antimony representing 20% of in-situ value, positions it as one of the few large, high-quality antimony projects in Western hands. What makes Sunday Creek particularly compelling is its optionality - it can be developed primarily on gold economics while maintaining strategic antimony supply potential. With A$18M in cash supporting a large 60 km drill program through Q3 2025, and metallurgical results showing conventional processing viability with 93-98% gold recovery, Southern Cross Gold appears well-positioned to advance this globally significant deposit in a tier-one jurisdiction. The combination of expanding high-grade mineralization, strategic metal optionality, and clear development pathway creates multiple avenues for value creation as the project advances ...