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Southern Cross Gold Consolidated Ltd. Chees Depository Interest Repr 1 shs ( (AU:SX2) ) has issued an update.
Southern Cross Gold Consolidated Ltd announced significant results from its drilling program at the Sunday Creek gold-antimony project, highlighting the success of its systematic infill and expansion strategy. The company reported exceptional high-grade gold intercepts, including 3.9 meters at 124.6 g/t gold, and discovered additional mineralization beyond initial targets. These findings validate the company’s geological model and enhance its strategic value, particularly with high-grade antimony results amid global supply concerns. The discovery of new near-surface prospective ground adjacent to a historic mine provides cost-effective drilling targets, positioning the company for accelerated expansion.
More about Southern Cross Gold Consolidated Ltd. Chees Depository Interest Repr 1 shs
Southern Cross Gold Consolidated Ltd is a company operating in the mining industry, focusing on gold and antimony exploration and development. The company is primarily engaged in systematic infill and expansion drilling strategies to enhance its mineral resource base, with a significant project located at the Sunday Creek gold-antimony project in Victoria, Australia.
Average Trading Volume: 523,192
Current Market Cap: A$1.87B
Learn more about SX2 stock on TipRanks’ Stock Analysis page.