Southern Cross Gold Consolidated Ltd Delivers 3.9m High-Grade Gold Intercept & Strategic Antimony Discovery, Bolstered by A$170M and a 200km Drill Program

Monday, June 16, 2025
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8:57 am
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Southern Cross Gold Consolidated Ltd reports impressive infill drilling at its Sunday Creek gold-antimony project. High-grade intercepts—3.9 m at 124.6 g/t gold with assays up to 2,110 g/t—alongside new near-surface discoveries underscore a robust geological model, enhancing growth prospects and strategic appeal for beginner traders.

Southern Cross Gold Consolidated Ltd has released drilling results from its 100%-owned Sunday Creek gold‐antimony project in Victoria, Australia that underscore the effectiveness of its systematic infill drilling approach. Three recently completed diamond drill holes returned impressive intercepts, including one interval of 3.9 meters grading 124.6 grams per tonne gold and individual assays reaching up to 2,110 grams per tonne. The results, obtained from the Rising Sun and Apollo prospects, not only reproduced previously identified high‐grade zones but also discovered additional vein sets and a new 60-meter zone of near-surface mineralization adjacent to a historic mine. The technical data presented includes multiple high-grade cores and antimony intercepts reaching over 20% in shallow mineralized zones, confirming the company’s geological model and the presence of economically significant gold and antimony mineralization. With a drill program stretching over 200 kilometers planned through early 2027 and a substantial treasury of A$170 million, the company is well positioned for accelerated expansion and de-risking of the project. The news brings both bullish and cautious views. On the optimistic side, the high-grade intercepts, robust infill drilling results, and discovery of new near-surface targets validate the company’s exploration strategy, which could underpin future resource expansion. The presence of strategic antimony, valuable amid tightening Chinese export restrictions, further enhances the project’s long-term potential. However, there are inherent risks given the early exploration stage; uncertainties remain over the full geological continuity and economic recoverability of the mineralization. While the forward-looking aspects are promising, potential challenges in drilling execution and market volatility warrant continued caution. Overall, these drilling outcomes signal a strong technical foundation that may support future growth, though investors should remain mindful of the exploration risks.

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