Southern Cross Gold Consolidated Ltd. · TSX:SXGC
Southern Cross Gold Consolidated — Diggers and Dealers 2025
49 slides from Southern Cross Gold Consolidated's conference presentation, Aug 6, 2025
Slide 1: Sunday Creek – Diggers and Dealers Presentation
Sunday Creek High-grade, large, strategic, continuous, well funded Pathway to production All in Victoria Diggers and Dealers Presentation Michael Hudson President & CEO 2:10 pm Wed 06 August 2025 SX2
Slide 2: Important Information
Important Information Overview: This presentation (this “Presentation”) dated August 06, 2025, has been prepared Although the Company believes its expectations are based upon reasonable assumptions and by Southern Cross Gold Consolidated Ltd (“SXGC” or the “Company”) and is authorized for has attemp
Slide 3: Important Information
Important Information Summary information: This Presentation contains summary information about the current and Not financial product advice: This Presentation does not constitute financial product or proposed activities of SXGC as at the date of this Presentation. The information in this investment
Slide 4: Important Information
Important Information For the purposes of JORC, certain information in this Presentation that relates to exploration results is extracted from the Independent Geologist’s Report dated December 11, 2024, which was issued with the consent of the Competent Person, Mr. Steven Tambanis. The Technical Rep
Slide 5: Sunday Creek – Gold Antimony Project Overview
Sunday Creek – Gold Antimony Project Overview • WA and VIC – some myths and facts • Momentum by the drill bit – deeper, high grade and more frequent • Strategic plan (funded) and pathway to production • Victoria – Geological and Economic Renaissance • High Level Project Description TSX:SXGC ASX:SX2
Slide 6: Simple Business Model Creating the Highest Margin Gold Business Globally
Simple Business Model Creating the Highest Margin Gold Business Globally Rare Global Discovery Global Best Hit Rate Building Quickly Funded with permits 66 in 84 km 200 km program A$165m cash > 100g/t AuEq * m Pathway to 1 Grade 1,055 ha freehold Production 2 Scale Victoria Very Open 100% owned proj
Slide 7: Ownership
Ownership Capitalization Summary Major Shareholder Summary Share Price UHNW (Darren Morcombe, Pierre Lassonde, Kiril Sokoloff ++) 31.2% C$4.77/A$5.42 TSX:SXGC, ASX:SX2 – August 05, 2025 Institutions (Franklin Templeton, State Street, Konwave, Cbus, IFM, Shares Issued 221.6M ADIA, Ruffer, Merk, Black
Slide 8: WA and VIC Giant Orogenic Gold Provinces
WA and VIC Giant Orogenic Gold Provinces TSX:SXGC ASX:SX2 Modified from: https://reader.elsevier.com/reader/sd/pii/S1674987115000808?token=927DCC2EAF8EB5A3F63D462B4E0E0F4BA65EAA7FB4732F8C11B716D72D7CB58A20E359D983EBBEBFA29E4BA6BD2ECC51 8
Slide 9: Some Myths, Some Facts
Some Myths, Some Facts • Victoria produced more than one • WA overtook Victoria approximately 43 third of global ounces in the 1850’s years after Victoria's gold rush began TSX:SXGC ASX:SX2 Modified from: https://reader.elsevier.com/reader/sd/pii/S1674987115000808?token=927DCC2EAF8EB5A3F63D462B4E0E0
Slide 10: Reality: Last Decade Key Discoveries in Australia
Reality: Last Decade Key Discoveries in Australia Sunday Creek is rare and ranked as Gold such in industry Copper Lithium PGE One of few global Tier 1 Hemi independently owned, high grade, multi-million greenfield global Havieron project that is growing quickly Spartan* Bellevue Global investors are
Slide 11: Drill Bit Momentum, Deeper, Higher Grade, More Frequent
Drill Bit Momentum, Deeper, Higher Grade, More Frequent 1 km 1.2 km 1967 - 2008 March 2022 Dec 2022 0 500 m Jan 2024 Mar 2025 2024 Exploration Target outline TSX:SXGC ASX:SX2 2025 Exploration Target outline 11
Slide 12: Exploration Optionality
Exploration Optionality Depth Extension is Likely, Could Double 90% of Trend Remains to be tested Sunday Creek Fosterville Main Drill Zone Source: https://s21.q4cdn.com/374334112/files/doc_downloads/GeologyMaps/2024/Item-37-Fosterville-Composite- Longitudinal-Section.png 0 10 km TSX:SXGC ASX:SX2 12
Slide 13: Economic Renaissance
Economic Renaissance The Data Shows Over Last 6 months Victoria is #1 Four major Victorian mines permitted since Dec 2024 • Critical Minerals Priority Development Zones • “Victoria is open for business – that’s why we’re unlocking industrial land, streamlining investment pathways, slashing red tape
Slide 14: Timeline and Strategy/Milestones – Fully Funded
Timeline and Strategy/Milestones – Fully Funded TSX:SXGC ASX:SX2 14
Slide 15: Geological Renaissance
Geological Renaissance Epizonal Brittle - Ductile Transition Bonanza Event 70 Million years Mesozonal 82 Moz Gold Often Unreconcilable Drives thesis to test to depth SDDSC107 from uncut core from 684.7 m within assayed interval 1.0 m @ 2319 g/t AuEq (2318.4 g/t Au, 0.3 % Sb) Gebre-Mariam et al., 199
Slide 16: Getting Better
Getting Better Drilled in last 6 months Consistent grade increase with more data, higher tenor material being drilled and geostatistical support. SDDSC161 intercept: 0.2 m @ 4,700 g/t Au and 0.26% Sb from 511.3 m showing abundant visible gold in a quartz-carbonate-stibnite vein. Part of a wider zone
Slide 17: Database Analysis: Grade vs Width
Database Analysis: Grade vs Width 66 hits > 100 AuEq g/t x m 73 hits > 50-100 AuEq g/t x m 2.3 – 3.8 m median widths SXGC considers that both gold and antimony that are included in the gold equivalent calculation (“AuEq") have reasonable potential to be recovered and sold at Sunday Creek, given curr
Slide 18: Sunday Creek – Mining for 50 years
Sunday Creek – Mining for 50 years 1890 1901 TSX:SXGC ASX:SX2 18
Slide 19: Regional Setting
Regional Setting Two of the richest and highest cashflow margin gold mines globally Fosterville are our neighbours. Costerfield Fosterville $10b mcap appreciation 2018-2022 Sunday Creek Willman et al., 2010 TSX:SXGC ASX:SX2 19
Slide 20: Prospect Scale Map
Prospect Scale Map TSX:SXGC ASX:SX2 20
Slide 21: Schematic Plan View Main Drill Area – The Golden Ladder
Schematic Plan View Main Drill Area – The Golden Ladder Ladder rails extend over 10km of strike. Core area drilled over 1km “Rungs” extend from surface to 1.1km depth, Each “rung” 20-100m long, Apollo av. width 4.2m (median 3.8m), Rising Sun av. width 2.8m (median 2.4m), Golden Dyke av. Width 3.2m (
Slide 22: Metallurgy
Metallurgy Non-refractory, simple gravity-flotation flow sheet • Mineralogical investigations demonstrated a high proportion of non-refractory Metallurgical Test Work native gold (82% - 84%). • Overall gold recovery of 92.3% to 95.6% across three product streams: 1. Gravity gold concentrate (37.3 –
Slide 23: Exploration Target and Global Comparisons
Exploration Target and Global Comparisons The potential quantity and grade of the Exploration Target is conceptual in nature and therefore is an approximation. There has been insufficient exploration to estimate a Mineral Resource and it is uncertain if further exploration will result in the estimat
Slide 24: Exploration Target (March 2025)
Exploration Target (March 2025) The March 2025 Exploration Target is constrained to the three main areas along the strike of the dyke The tonnage and grade are estimates based on continuity of mineralization defined by exploration breccia host on the Sunday Creek project: Rising Sun (over 340 m stri
Slide 25: Progress
Progress • Rare Global Asset • Highest hit rate globally, few high-grade global deposits, Tier 1 location, growing • Large (and growing) Western Sb Deposit (defence critical) • Large exploration upside, only 10% of trend tested • Government Open For Business • Seasoned team focussed on value creatio
Slide 26: Appendices
Appendices TSX:SXGC ASX:SX2 26
Slide 27: Sunday Creek Plan Map
| Plan Sunday Creek Plan Map $9600 mw ‘SDDSCOB2 1.7 m @ 249.1 git AUEG (230.6 gt Au, 9.9% Sb) from 413.6 m 4.6 m @ 500.5 git AuEG (600.3 gf Au, 0.1% Sb) from 417.4 m ‘spDsc160w2 1.2m @4.6 git AuEG (4.5.97 Au, 0.0% Sb) from 809.8 m 1.0 m @9.5 g/t AuEG (9.4 af Au, 0.0% Sb) from 926.2 m ey CHRISTINA es
Slide 28: Longitudinal Section
Longitudinal Section TSX:SXGC ASX:SX2 28
Slide 29: 70 Vein Sets: Geological Likeness Informs Continuity
70 Vein Sets: Geological Likeness Informs Continuity TSX:SXGC ASX:SX2 29
Slide 30: Shear Veins
Shear Veins TSX:SXGC ASX:SX2 30
Slide 31: Rising Sun RS17
Rising Sun RS17 TSX:SXGC ASX:SX2 31
Slide 32: Gold Coefficient of Variation
Gold Coefficient of Variation Understanding grade continuity and geostatistical domain confidence is crucial for high-grade gold deposits. Low variability or a low coefficient of variation (CV, standard deviation over mean) in assay results lowers geological risk and reduces the cost of capital (les
Slide 33: Location, Location, Location: Positioning for Development
Location, Location, Location: Positioning for Development The company is actively de-risking the project through pre-development activities to be in an optimal position for design, feasibility studies and permitting Looking south from drill area TSX:SXGC ASX:SX2 33
Slide 34: Victorian Sustained Mine Permitting and Development
Victorian Sustained Mine Permitting and Development 5 Gold Mines Operating Today, 4 major mines approved since Dec 24 VICTORIAN GOVERNMENT INITIATIVES Approvals Coordination Development Facilitation “A$23.3m to drive investment by removing uncertainty around resource Program (“DFP”) approvals” “Fast
Slide 35: Directors
Directors Tom Eadie Michael Hudson Georgina Carnegie David Henstridge Non- Executive President & CEO, Non-Executive Non-Executive Chairman Director Director Director Explorer, mining executive Explorationist, entrepreneur, Experienced executive Geologist with over 50 and company director with compan
Slide 36: Senior Management
Senior Management Lisa Gibbons Nicholas Mead Kenny Bush Nick Demare Mariana Bermudez Justin Mouchacca General Manager Corporate Exploration Manager Chief Financial Officer Corporate Secretary, Company Secretary, 30+ years' experience as Development Manager Experienced exploration Chartered Professio
Slide 37: Contact Us
Contact Us info@southerncrossgold.com www.southerncrossgold.com Corporate Secretary Registered Office Mariana Bermudez 1305 1090 West Georgia St mbermudez@chasemgt.com Vancouver V6E3V7 BC +1 604 685 9316 Canada Corporate Development Subsidiary Office Nicholas Mead Level 21 nm@southerncrossgold.com 4
Slide 38: Victorian Gold Production – Rocking Because of a Change in Geology
Victorian Gold Production – Rocking Because of a Change in Geology ✓ Today, Victoria is producing more gold than it has for 100 years ✓ 5 Gold Mines Operating Today – 500Koz/yr TSX:SXGC ASX:SX2 https://www.theassay.com/articles/analysis/victorias-three-gold-rushes/ https://resources.vic.gov.au/__dat
Slide 39: How to model and predict this style?
How to model and predict this style? • Continuity of vein sets and grades are Apollo described in three dimensions across multiple Mine datasets including: ✓ Fifty years of historic mining records and drilled continuity below mined areas ✓ Geological likeness ✓ Structural oriented drill core data, q
Slide 40: Lab Duplicates Demonstrate Homogeneity of Samples
Lab Duplicates Demonstrate Homogeneity of Samples REPEAT FIRE ASSAYS AT SUNDAY CREEK 20 18 16 y = 1.0027x - 0.0065 R² = 0.9976 14 Lab Duplicate Au ppm 12 10 Fosterville – Kirkland Lake Gold Bendigo – GBM gold 8 December 2016 Technical report 6 ✓ Comparison of repeat fire assay data at Sunday 4 Creek
Slide 41: High Grade is Not Always Nuggetty: SFA and FA Duplicates
High Grade is Not Always Nuggetty: SFA and FA Duplicates Fire Assay vs Screen Fire Assay 10000 y = 1.0025x R² = 0.992 1000 100 Fire Assay g/t Au 10 1 0.1 0.01 0.01 0.1 1 10 100 1000 10000 Screen Fire Assay g/t Au SDDSC117: 0.5 m @ 473.1 g/t AuEq (473.0 g/t Au, Highly repeatable results between Fire
Slide 42: Structural Geology: Stereonets Inform Continuity
Structural Geology: Stereonets Inform Continuity Stibnite bearing veins Visible Gold bearing veins – Pyrite veinlets high confidence orientations high confidence orientations N = 609 N=1355 N=118 Subvertical vein arrays Consistent with Sb Early lithological control and shear veins bearing veins – fo
Slide 43: Brittle to Ductile Transition
Brittle to Ductile Transition Brittle Features Our Focus Diffuse Gold Stibnite Brittle Quartz-carbonate-stibnite extension veins in altered dyke Ductile Features Semi-Brittle Free Gold “Bonanza” Zone Ductile Focus 2 - 2.5 km TSX:SXGC ASX:SX2 43
Slide 44: Brittle to Ductile Transition at Sunday Creek
Brittle to Ductile Transition at Sunday Creek Dominant brittle features Brittle Transition window ~600-700 m below Semi-Brittle surface Decreasing Sb Ductile Increased observation of Fibrous Sulphosalts TSX:SXGC ASX:SX2 44
Slide 45: Paragenesis of Sunday Creek Au-Sb mineralization
Paragenesis of Sunday Creek Au-Sb mineralization DESCRIPTION: Northeast/southwest compression during the Middle Devonian Tabberabberan Orogeny creates gentle to open folding 0.3 of sediments km LEGEND Syncline fold hinge Anticline fold hinge Sb Au bearing Shear Veins & Vein sets Stratigraphic packag
Slide 46: Paragenesis of Sunday Creek Au-Sb mineralization
Paragenesis of Sunday Creek Au-Sb mineralization DESCRIPTION: A quartz-diorite dyke trending approx. 080˚ intruded into pre-existing fault architecture at Sunday Creek, bisecting folds. During localized periods of extension 0.3 km LEGEND Syncline fold hinge Anticline fold hinge Sb Au bearing Shear V
Slide 47: Paragenesis of Sunday Creek Au-Sb mineralization
Paragenesis of Sunday Creek Au-Sb mineralization DESCRIPTION: Compression of dyke and sediments causes tightening and parasitic folding of sediments and brecciation of preexisting dyke. Novel addition of dyke and fluids to 0.3 brecciated areas. km LEGEND Syncline fold hinge Anticline fold hinge Sb A
Slide 48: Paragenesis of Sunday Creek Au-Sb mineralization
Paragenesis of Sunday Creek Au-Sb mineralization DESCRIPTION: Mineralization forms within NNW striking vein sets, varying from centimeter - scale crack-seal veins, to veins with sheared margins, to messy, vein- breccias often carrying 0.3 higher grades. km LEGEND Syncline fold hinge Anticline fold h
Slide 49: Paragenesis of Sunday Creek Au-Sb mineralization
Paragenesis of Sunday Creek Au-Sb mineralization DESCRIPTION: RISING SUN Regional series of late APOLLO gouge faults that displace the dyke and mineralization. 0.3 km LEGEND Syncline fold hinge Anticline fold hinge Sb Au bearing Shear Veins & Vein sets Stratigraphic package - Sandstone Major Fault M
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