Southern Cross Gold Intercept High-Grade Gold at Sunday Creek

Key Highlights:

• Exceptional intercept of 28.6m @ 10.3g/t gold within broader 100.5m @ 3.4g/t AuEq
• Strong grade continuity at depth at Apollo prospect
• Sunday Creek establishes itself as a world-class gold-antimony system
• 20 holes in lab, 7 currently drilling — exploration momentum builds
• Strategic importance grows amid China’s antimony export curbs
   

Southern Cross Gold (ASX:SX2, TSXV:SXGC) has once again struck gold — literally and figuratively — with its latest drill results from the Sunday Creek project in Victoria, unveiling one of the strongest intercepts in its exploration history. The company’s latest update, headlined by 28.6 metres grading 10.3 g/t gold, sent shares up 4.81% to $5.67 by midday on Thursday, closing in on its 52-week high of $5.87.

Drill hole SDDSC158 at the Apollo prospect returned a standout interval of 28.6 metres grading 10.3 grams per tonne gold, nested within an even broader mineralised corridor of 100.5 metres @ 3.4 g/t gold equivalent (AuEq) from a depth of 820.8 metres. The intercept also includes a jaw-dropping 1.4m @ 142.2 g/t gold, underscoring the high-grade nature of the mineralisation at depth.

Michael Hudson, Southern Cross Gold’s President & CEO, says the results confirm a “meaningful extension and continuity” of high-grade gold-antimony mineralisation in the Apollo area, mirroring depth-related grade increases observed at the nearby Rising Sun prospect. “These are hallmark traits of epizonal deposits,” Hudson notes — where mineralisation quality often improves as drilling penetrates deeper into the system.

A Deeper Golden Ladder

The Apollo prospect lies within the company’s 100%-owned Sunday Creek project — a rising star in Victoria’s historic goldfields. These results extend known mineralisation 80–120 metres down-dip, pushing the known vertical extent of mineralisation beyond 700 metres. Southern Cross is applying a “Golden Ladder” model of mineralised structures — ladder-like vein sets (the rungs) that extend along a steeply dipping host (the rails) — that is proving both geologically robust and operationally predictive.

The standout SDDSC158 drillhole successfully intersected all targeted vein sets, affirming the system’s scale and continuity. Moreover, two new +100 gram-metre AuEq intercepts bring the project total to 63 — a metric increasingly used by geologists and investors to gauge drilling success.

Strategic Dual-Metal Potential

With antimony comprising up to 24% of the in-situ metal value at Sunday Creek, Southern Cross is uniquely positioned at the intersection of critical minerals and precious metals. Amid China’s 2024 move to restrict antimony exports, the project’s significance has sharpened. Antimony is key for military applications, semiconductors, and fire retardants — sectors where Western supply chains are now seeking alternatives to Chinese dominance.

Sunday Creek is one of the few large-scale, high-grade antimony-gold systems under development in the Western world. Notably, antimony products from the project have been exempted from the recent U.S. reciprocal tariff orders, enhancing their future export potential.

Forward Momentum

The company isn’t slowing down. Twenty additional holes are currently being processed and seven more are actively being drilled, targeting both strike extensions and deeper zones. Southern Cross has already drilled over 77,000 metres across 167 holes, with metallurgical testing showing non-refractory mineralisation and gold recoveries exceeding 93% via conventional gravity and flotation.

With a growing landholding, robust exploration pipeline, and tier-1 jurisdictional advantage, Southern Cross Gold is fast evolving into one of Australia’s most compelling mid-stage gold explorers — now with the strategic kicker of antimony exposure.