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Southern Cross Gold Consolidated Ltd. Chees Depository Interest Repr 1 shs ( (AU:SX2) ) just unveiled an update.
Southern Cross Gold Consolidated has reported its best drilling results to date from the Golden Dyke prospect at the Sunday Creek Gold-Antimony Project, including a standout intersection of 12.2 metres grading 33.3 g/t gold equivalent and the highest individual gold assay yet recorded at Golden Dyke of 0.2 metres at 1,050 g/t gold. The latest four drill holes, highlighted by SDDSC188, intersected eight vein sets – two of them newly identified beyond the current exploration target – and confirmed the geological connection between the Golden Dyke and Rising Sun zones, expanding the perceived scale and tonnage potential of the system and reinforcing Sunday Creek’s status as a globally significant high-grade gold-antimony discovery with substantial exploration upside at depth.
The most recent analyst rating on (AU:SX2) stock is a Hold with a A$7.60 price target. To see the full list of analyst forecasts on Southern Cross Gold Consolidated Ltd. Chees Depository Interest Repr 1 shs stock, see the AU:SX2 Stock Forecast page.
More about Southern Cross Gold Consolidated Ltd. Chees Depository Interest Repr 1 shs
Southern Cross Gold Consolidated Ltd is a mineral exploration company focused on high-grade gold and antimony deposits, principally through its 100%-owned Sunday Creek Gold-Antimony Project in Victoria, Australia. The company targets large-scale, high-grade mineralized systems, positioning itself within the precious and critical metals space as it advances exploration across multiple prospects on the project.
Average Trading Volume: 569,485
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$2.95B
See more insights into SX2 stock on TipRanks’ Stock Analysis page.