SOUTHERN CROSS Stock Price, News & Analysis

Southern Cross Gold (OTC:MWSNF) announced a significant metallurgical breakthrough at its Sunday Creek Gold-Antimony Project in Victoria. The company has developed a selective flotation technology that successfully separates antimony minerals from arsenic-bearing minerals while maintaining excellent gold recovery.

The process achieves overall gold recovery of 92.3% to 95.6% across three product streams: gravity gold concentrate (37.3-51.4% recovery), antimony-gold concentrate (28.8-36.5% recovery), and sulphide concentrate (15.5-18.0% recovery). The antimony-gold concentrate achieved grades of 48.2-53.1% antimony with gold grades up to 93.2 g/t and low arsenic levels of 0.1-0.2%, well below the 0.6% threshold required by smelters.

The company tested 144 samples from Apollo and Rising Sun prospects, establishing processing conditions for scale-up through locked-cycle testing and pilot plant evaluation, targeting process plant design by Q1 2027.

Southern Cross Gold (OTC:MWSNF) announced significant drilling results from its Christina prospect at the Sunday Creek gold-antimony project in Victoria. The company reported multiple high-grade gold intersections, including 2.9m @ 16.3 g/t Au and 2.5m @ 17.6 g/t Au.

Key achievements include: expanding the mineralized strike length to 1.5 km from Apollo East to Christina West, reaching record depths of 926 meters (580m below surface) with 1.0m @ 9.5 g/t gold equivalent, and discovering four new vein sets with visible gold in drill hole SDDSC173. The results demonstrate mineralization extends beyond the current Exploration Target boundary.

The company has 33 drill holes pending assay results and continues its 60 km drilling program across multiple fronts.

Southern Cross Gold (OTC:MWSNF) has achieved two significant milestones as highlighted in CEO.CA's 'Inside the Boardroom' interview series. The company has successfully graduated to the TSX main board and reported exceptional drill results from its Sunday Creek project, including an impressive intersection of 3.9 meters at 124 g/t gold.

The interview with Michael Hudson, President & CEO of Southern Cross Gold, was featured on CEO.CA, a leading investor social network for venture stocks, which serves millions of visitors annually seeking insights into stocks, commodities, and emerging companies.

Southern Cross Gold (TSX:SXGC, ASX:SX2, OTC:MWSNF) has received final approval to upgrade its listing from TSX Venture Exchange to the Toronto Stock Exchange (TSX) main board. Trading will commence on July 2, 2025 under the symbol "SXGC".

The company will maintain its dual listing on the Australian Securities Exchange (ASX) under symbol "SX2". This milestone is expected to provide access to deeper capital markets, improved liquidity, and broader institutional investor exposure. No action is required from shareholders regarding this listing change.

Southern Cross Gold (MWSNF) has received conditional approval to upgrade its listing from the TSX Venture Exchange to the Toronto Stock Exchange (TSX). The company will maintain its listing on the Australian Securities Exchange (ASX) under the symbol SX2. The final TSX listing approval depends on meeting standard documentation requirements. Once approved, the company's shares will be delisted from TSXV and begin trading on TSX under the symbol SXGC. Shareholders won't need to take any action as the trading symbol and CUSIP will remain unchanged. The exact trading commencement date on TSX will be announced later.

Southern Cross Gold (MWSNF) reports exceptional drilling results from its Sunday Creek gold-antimony project in Victoria. The highlight includes a high-grade intercept of 3.9m at 124.6 g/t gold with individual assays up to 2,110 g/t gold, marking the 10th best interval at the project. The systematic infill drilling strategy successfully validated the geological model while discovering additional mineralization. Key findings include a new near-surface discovery of a 60m prospective zone near the historic Gladys Mine and high-grade antimony results up to 21.6% Sb. With A$170m in treasury and plans for a 200km drill program through Q1 2027, the company is well-positioned for expansion. The drilling program continues with twenty holes being processed and eight actively drilling.

Southern Cross Gold (MWSNF) has announced exceptional drilling results from its Sunday Creek gold-antimony project in Victoria. The highlight is drill hole SDDSC161, which delivered the project's second-best interval of 3.4 m @ 466.4 g/t Au, including 2.4 m @ 670.4 g/t Au. The hole also produced the third and ninth highest individual assays of 4,700 g/t Au and 1,510 g/t Au respectively.

Key developments include the discovery of six new vein sets between Christina and Golden Dyke prospects, depth extensions of 40-120m below previous mineralization, and continued expansion of the project's high-grade profile. The project now contains 64 intersections >100 g/t AuEq and 72 intersections between 50-100 g/t AuEq. Currently, 24 additional holes are being processed with 8 more being drilled, demonstrating ongoing systematic expansion of the mineralized footprint.

Southern Cross Gold (MWSNF) has completed the second tranche of its previously announced C$143M/A$162M private placement, raising C$29.9M through the issuance of 6,636,918 shares at C$4.50 per share. The net proceeds will fund the development of the Sunday Creek Gold-Antimony Project near Melbourne, with allocations of:

• C$53M for drilling to establish Inferred Resource by Q1 2027
• C$27M for 1 km decline development
• C$4M for Preliminary Economic Assessment
• C$59M for exploration and working capital

A third tranche of approximately C$24.4M is expected to close around May 16, 2025. The shares are subject to a four-month hold period expiring September 15, 2025.

Southern Cross Gold (MWSNF) reports significant drilling results from its Sunday Creek gold-antimony project in Victoria, highlighting exceptional high-grade extensions at the Apollo prospect. The key drill hole SDDSC158 returned 100.5m @ 3.1 g/t gold, including an impressive 28.6m @ 10.3 g/t gold with intersections up to 1.4m @ 142.2 g/t gold.

The Apollo area shows notable grade improvement at depth, consistent with epizonal gold-antimony deposit characteristics. The three reported holes (SDDSC149, SDDSC149W1, SDDSC158) intercepted mineralization 80-120m below known zones, at depths of 400-700m below surface.

The project's scale continues to expand with 167 drill holes totaling 77,426.9m completed since 2020. Currently, twenty additional holes are being processed and seven more are being drilled. The mineralization pattern suggests potential for combined narrow high-grade and selective bulk mining approaches.