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Southern Cross Gold Consolidated Ltd (ASX:SX2)

ALERT: Price-sensitive ASX Announcement for SX2
Current share price for SX2 : $12.400 3.08 (33.05%)+
Announcement
Release
6 Jul 2026 8:54AM
Price at Release
$9.320
Full Release
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Summary
Southern Cross Gold Consolidated Ltd released drill results from the Sunday Creek Project, revealing a significant intercept of 7.9 meters at 19.9 g/t AuEq, including notable concentrations of antimony. The drilling confirmed the presence of antimony-rich areas, characteristic of epizonal gold-antimony deposits, and identified new vein sets, indicating growth in the mineralized system. Infill drilling validated the system's predictability, which is essential for future mining operations. The project is strategically important due to its high antimony content, which is crucial for defense and semiconductor industries.
Key Points
  • Southern Cross Gold Consolidated Ltd announces drill results from six holes at the Sunday Creek Project in Victoria, Australia.
  • A significant intercept of 7.9 meters at 19.9 grams per tonne gold equivalent (AuEq) with 2.8 g/t gold and 7.1% antimony was reported.
  • The drilling confirmed antimony-rich areas in the upper parts of the epizonal gold-antimony system.
  • Four new vein sets were identified, expanding the known mineralization.
  • Infill drilling confirmed the predictability of the system, supporting future mining studies.
  • Antimony is present in high concentrations, reaching up to 47% Sb in some assays.
  • The results highlight the critical mineral endowment relevant to Western defense and semiconductor supply chains.
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.