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Southern Cross Gold Welcomes Australia's A$1.2 Billion Critical Minerals Strategic Reserve
Sunday Creek Positioned to Support National Antimony Security from Victoria - Australia's Antimon...
About this update from Southern Cross Gold Consolidated Ltd.
[{"type":"text","content":"Southern Cross Gold Welcomes Australia's A$1.2 Billion Critical Minerals Strategic ReserveSunday Creek Positioned to Support National Antimony Security from Victoria - Australia's Antimony HeartlandVancouver, British Columbia and Melbourne, Australia--(Newsfile Corp. - January 14, 2026) - Southern Cross Gold Consolidated Ltd (TSX: SXGC) (ASX: SX2) (OTCQX: SXGCF) (FSE: MV3) (\"SXGC\", \"SX2\" or the \"Company\") strongly supports the Australian Government's creation of a A$1.2 billion Critical Minerals Strategic Reserve, with antimony identified as one of three priority minerals alongside gallium and rare earth elements.The Company welcomes this landmark initiative which recognizes the strategic importance of securing domestic antimony supply for Australia and its allies. Sunday Creek, located just 60km north of Melbourne in Victoria, represents one of the most significant undeveloped gold-antimony deposits in the Western world and stands ready to support Australia's critical minerals security objectives.Key Highlights:Federal A$1.2 billion Strategic Reserve prioritises antimony for defence and clean energy supply chains. Victoria’s A$200 billion critical minerals endowment and Critical Minerals Roadmap support development. Victoria is Australia’s only current antimony producer – antimony has historically been the state’s second most important metal. Sunday Creek exploration decline approved by Victorian Government – construction commencing.  Tier 1 jurisdiction just 60 km from Melbourne with world-class infrastructure. 73 drill intersections exceeding 100 g/t gold; 90 exceeding 10% antimony. Proven metallurgy: 92% to 96% gold recovery with successful antimony-gold separation.Michael Hudson, President & CEO commented: \"We strongly support the Australian Government's strategic vision in establishing this Critical Minerals Reserve. This is exactly the kind of bold policy action needed to secure Western supply chains against Chinese dominance.\"With China and Russia controlling 80% of global mined and processed antimony, the prioritization of antimony in this reserve sends a clear signal that Australia is serious about critical minerals security. Sunday Creek stands ready to be part of the solution.\"This federal initiative powerfully complements th...