Southern Cross Gold Consolidated Ltd. · TSX:SXGC
Southern Cross Gold Consolidated — Southern Cross Gold — IPO Roadshow (March 2022)
27 slides from Southern Cross Gold Consolidated's IPO roadshow presentation, Mar 24, 2022
Slide 1: Renaissance of the Victorian Goldfields
Renaissance of the Victorian Goldfields Corporate Presentation March 2022
Slide 2: Important Notice and Disclaimer
Important Notice and Disclaimer This presentation (“this Presentation”) is issued by Southern Cross Gold Ltd (“SXG”) to provide summary information about SXG and its subsidiaries and their activities as at the date of this Presentation. The information contained in this Presentation is of general ba
Slide 3: Spinning out the Australian assets of TSX-listed Mawson Gold Ltd through an ASX IPO
Spinning out the Australian assets of TSX-listed Mawson Gold Ltd through an ASX IPO Nordic Discovery and Development Southern Cross Gold Finland and Sweden: Drilling 8km now Proposed 2022 ASX IPO Rajapalot Gold-Cobalt Victorian Goldfields Renaissance 1.04moz @ 3.0g/t AuEq Leading Discovery, Gold-Ant
Slide 4: IPO Key Details
Southern Cross Gold IPO Key Details Southern Cross Projects Spinout in Numbers • 3 of the 9 epizonal historic Victorian gold fields • A$2.73m raised privately (@16c) – self funding • $6m invested last 18 months • A$8m-A$10m IPO • Sunday Creek (100% SXG) – Width and Grade • 2 brokers mandated – Baker
Slide 5: Comparables
Comparables A$ EV Victorian Exploration Comps - A$ EV $180 $160 $140 $120 $100 $80 $60 $40 $20 $- Lower quartile valuation on top quartile projects Pricing competitively to provide a potential IPO uplift and a post-IPO rerate 5 * Market caps as at 08 March 2022, less cash as at last reported quarter
Slide 6: Giant Orogenic Gold Deposits
Giant Orogenic Gold Deposits 6 Modified from: https://reader.elsevier.com/reader/sd/pii/S1674987115000808?token=927DCC2EAF8EB5A3F63D462B4E0E0F4BA65EAA7FB4732F8C11B716D72D7CB58A20E359D983EBBEBFA29E4BA6BD2ECC51
Slide 7: Victoria’s Renaissance – Oh Canada!
Victoria’s Renaissance – Oh Canada! Mines profitable, extensions, multiple new discoveries HIGHEST-GRADE GOLD MINES 2021 Q1 2021 Au Southern Cross Gold 2020/21 milled • 3.0m @ 53.4 g/t AuEq (41.4 g/t Au,12.0% Sb) MINE OWNER grade, g/t • 1.2m @ 39.4 g/t AuEq (36.2 g/t Au, 3.3% Sb) 1 Fosterville Austr
Slide 8: Southern Cross Gold Controls 3 of the 9 epizonal fields in Victoria
Southern Cross Gold Controls 3 of the 9 epizonal fields in Victoria Fosterville 8.2Moz Au Melbourne Whroo JV Redcastle JV Costerfield SXG ROFR “2Moz Corridor” 3,300sq km Epizonal Gold Deposits Sunday Creek SXG Projects 100% SXG Nagambie Right of First Refusal Agnico Eagle Mines (Fosterville) Mandala
Slide 9: Sunday Creek
Sunday Creek 11km Strike Extension undrilled extensions & historic mining (TSX:FSX Oct 21) 0.7m @ 238.1 g/t Au Aftermath Consols Leviathan Drill Area Tonstal 1,200 point Soil Program Trench Soils Au ppm Costean Golden Dyke Apollo 8 metres @ 19.6g/t Au, 0.4% Sb Pit Chain 9 0 3 km
Slide 10: Sunday Creek
Sunday Creek Golden Dyke, Gladys & Apollo Plan 10
Slide 11: Sunday Creek
Sunday Creek Golden Dyke to Apollo Long Section – Shoot! 200m Trench 8 metres @ 19.6g/t Au, 0.4% Sb 10km No Drilling
Slide 12: Sunday Creek Width and Grade
Sunday Creek Width and Grade Drilling is proving • Wide drill widths (ie 10m-20m @ 2-5g/t Au) in zones that the old timers ignored; and • High grade hits that they mined and missed going to depth (ie 0.3m-3m @ 20-150g/t Au) Grade Width • 3.0m @ 53.4 g/t AuEq ( 41.4 g/t Au, 12.0% Sb) • 11.7m @ 16.0 g
Slide 13: Whroo JV – Second bona fide high-grade discovery
Southern Cross Gold Whroo JV – Second bona fide high-grade discovery Whroo 14km long epizonal gold field 0 2 km Best drill result on the field in 167-year history • Hit high-grade gold and antimony at depth under prolific historic Balaclava open pit mine in first drill hole • MDDBC001 released 17 Fe
Slide 14: Whroo JV MDDBC001 Drill Results Balaclava open pit
Whroo JV MDDBC001 Drill Results Balaclava open pit 14
Slide 15: Redcastle JV: Mine Lease Extensions of Costerfield
Redcastle JV: Mine Lease Extensions of Costerfield Historic & modern Gold Mines Redcastle 17km historic mines untested to depth 2 km Costerfield “2Moz Corridor” Recent discoveries at Costerfield 0 4.5 km 15
Slide 16: Redcastle JV Prospects and Significant Drilling
Redcastle JV Prospects and Significant Drilling Mawson Victoria drilled prospect Drillhole Au > 5 g/t Au (historic) Rockchip 5-63 g/t Au (historic) Pioneer Mullocky Rockchip 1-5 g/t Au (historic) 0.5 metres @ Redcastle 9.1 g/t Au Why Not Soil Sample 120-280 ppm Sb (historic) North 0.3 metres Mitchel
Slide 17: Nagambie Resources Ltd (ASX:NAG) Deal flow and CIL processing plant
Nagambie Resources Ltd (ASX:NAG) Deal flow and CIL processing plant • Southern Cross Gold also holds 50m shares (10%) of ASX-listed Nagambie Resources (ASX:NAG) • Now constructing a CIL 180,000 tpa gold processing plant • Potential access for toll treatment – game changer for central Victoria and fu
Slide 18: Mt Isa: 785 sq km holding
Mt Isa: 785 sq km holding • 785 sq km tenure in the Cloncurry district of the Mount Isa block, over a combined 60 km of strike • One drill hole completed, funded by Queensland government • Top 10 targets ranked and drill ready Southern Cross Gold 18 Region dominated by big deposits and big names
Slide 19: Our People
Our People • Locally based staff – living in the communities in which we work • Australian based board – focused on creating an ethical, shared value company with strong ESG credentials that employees and investors can be proud of From our Welcome to Country Smoking Ceremony day with elders Aunty Jo
Slide 20: Technical Program
Southern Cross Gold Technical Program Mar Apr May Jun Jul Aug Sept Oct Nov Dec Jan Feb IP Whroo Drilling Whroo Drilling Sunday Creek Drilling Redcastle Soil Sampling Whroo Soil sampling Redcastle Metallurgy Sunday Ck Freehold Acquisition Sunday Ck 20
Slide 21: Why invest?
Southern Cross Gold Why invest? • A renaissance for Victorian gold exploration – Tier 1, technology, confidence, drilling • High quality assets – 3 of the 9 epizonal gold/antimony fields in Victoria • Proximal to two global Top 10 high-grade gold operations • Significant drilling and exploration ove
Slide 22: Appendices
SOUTHERN CROSS GOLD Appendices March 2022
Slide 23: Key Information
Key Information 1 DIRECTORS PROPOSED USE OF FUNDS MIN $ (‘000) MAX $ (‘000) Tom Eadie Non-Exec Chairman Cash at bank 2,200 2,200 Michael Hudson Managing Director Equity Offer funds 8,000 10,000 Georgina Carnegie Non- Exec Director Aggregate cash post Equity Offer 10,200 12,200 David Henstridge Non-
Slide 24: ESG
ESG “Working together with trust and respect.” • Southern Cross Gold via Mawson has its ESG practices independently assessed through the ‘Digbee ESG’ framework • Southern Cross Gold via Mawson is a member of the Minerals Council of Australia (“MCA”) and abides by its policies, including its Water Po
Slide 25: Directors
Directors Tom Eadie| Non- Executive Chairman • Explorer, mining executive and company director with many significant mineral discoveries and several successful companies to his name. Geologist with over 20 years' experience in the resources industry. • Former Executive Chairman of Copper Strike, fou
Slide 26: Senior Executives
Senior Executives Lisa Gibbons | General Manager • Ms Gibbons holds a Bachelor of Applied Science with Honours in Geology from the University of Technology Sydney and a Masters of Teaching (Science) from the University of New England. • Over 30 years’ experience in exploration within Australia, Sout
Slide 27: Contact us
Contact us Company Secretary Joint Lead Managers Investigating Accountant Justin Mouchacca Baker Young William Buck Audit (Vic) JM Corporate Services Level 6 Level 20 Level 21 121 King William St 181 Williams St 459 Collins St Adelaide SA 5000 Melbourne Vic 3000 Melbourne Vic 3000 Pulse Markets Audi