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An update from Mawson Resources ( (TSE:SXGC) ) is now available.
Southern Cross Gold Consolidated Ltd has announced promising drill results from the Christina prospect at its Sunday Creek Gold-Antimony project, confirming significant potential at depth and expanding the project’s footprint. These results validate the geological model and demonstrate robust system development, with high-grade intersections suggesting the mineralization system extends well beyond previous limits. This discovery places the company in a strong position to continue its extensive exploration program, supported by substantial cash reserves and a large-scale drill initiative planned through late 2025.
More about Mawson Resources
Southern Cross Gold Consolidated Ltd operates in the mining industry, focusing on gold and antimony exploration. The company is actively involved in exploring the Sunday Creek Gold-Antimony project in Victoria, which is a significant discovery in the Western world, particularly due to the strategic value of antimony amid global trade dynamics.
YTD Price Performance: 6.19%
Average Trading Volume: 44,522
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$760.2M
For detailed information about SXGC stock, go to TipRanks’ Stock Analysis page.