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Southern Cross Gold Consolidated Ltd (ASX:SX2)

ALERT: Price-sensitive ASX Announcement for SX2
Current share price for SX2 : $8.020 -3.43 (-29.96%)+
Announcement
Release
22 Apr 2026 8:57AM
Price at Release
$11.450
Full Release
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Summary
Southern Cross Gold Consolidated Ltd announced impressive drill results from their Sunday Creek Gold-Antimony Project, notably a 1.6-meter intercept grading 55.3 g/t gold and 1.9% antimony. The ongoing drilling at the Golden Dyke prospect continues to deliver high-grade mineralization, with multiple samples exceeding 100 g/t gold. The deposit is expanding in both western and eastern directions, enhancing the project's scale and reinforcing geological predictability. The company has increased its operational capacity with eleven drill rigs active at the site to support further exploration and development efforts.
Key Points
  • Southern Cross Gold Consolidated Ltd reported high-grade drill results from the Sunday Creek Gold-Antimony Project.
  • A standout drill intercept was 1.6 meters at 55.3 g/t gold and 1.9% antimony in hole SDDSC203.
  • The Golden Dyke prospect continues to show exceptional grades, with multiple holes exceeding 100 g/t gold.
  • The project is expanding in multiple directions, with increased data supporting the continuity and predictability of the mineralized system.
  • Southern Cross has added an additional drill rig, bringing the total to eleven at the Sunday Creek project.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.