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An update from Southern Cross Gold Consolidated Ltd. Chees Depository Interest Repr 1 shs ( (AU:SX2) ) is now available.
Southern Cross Gold Consolidated reported new drilling results from the upper Apollo prospect at its Sunday Creek Gold-Antimony Project in Victoria, confirming extensive high-grade gold and antimony mineralization close to surface. Management highlighted that the vein system is continuous, predictable and still expanding, underpinned by an aggressive drill program with ten rigs operating and dozens of assay results pending.
The latest campaign delivered a record shallow intersection of 17.3 metres grading 22.9 g/t gold equivalent in hole SDDSC200, the highest-grade composite recorded within the top 220 vertical metres of the Apollo system. Multiple intervals exceeded 20% antimony, reinforcing Sunday Creek’s significance as a potential high-grade antimony source at a time of tight global supply, while the discovery of a previously unrecognised vein set further underscores the project’s growth potential for investors and strategic buyers.
The most recent analyst rating on (AU:SX2) stock is a Hold with a A$10.70 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 gold and antimony, with its flagship 100%-owned Sunday Creek Gold-Antimony Project in Victoria, Australia. The company targets high-grade, epizonal-style mineral systems and is positioning itself within the critical minerals space, particularly as Western markets reassess secure supplies of antimony.
Average Trading Volume: 409,357
Technical Sentiment Signal: Buy
Current Market Cap: A$2.35B
For a thorough assessment of SX2 stock, go to TipRanks’ Stock Analysis page.