Welcome to our dedicated page for SOUTHERN CROSS news (Ticker: MWSNF), a resource for investors and traders seeking the latest updates and insights on SOUTHERN CROSS stock.
The MWSNF news page on Stock Titan aggregates company announcements and market coverage related to Southern Cross Gold Consolidated Ltd, a basic materials issuer focused on the Sunday Creek Gold-Antimony Project in Victoria, Australia. Company news releases describe Sunday Creek as an epizonal gold-antimony deposit with a "Golden Ladder" structure extending over a 12 km strike length and mineralization confirmed from surface to significant depths.
Readers following MWSNF-linked news can review detailed drilling updates from prospects such as Rising Sun, Apollo, Christina and Golden Dyke, where Southern Cross Gold Consolidated reports multiple high-grade gold and antimony intercepts and step-out drilling that extends mineralization at depth and along strike. The company’s releases also discuss extensive drill programs, historical workings, and the definition of numerous high gram-metre gold-equivalent intersections based on a gold-plus-antimony formula.
News items further cover metallurgical developments at Sunday Creek, including gravity and flotation test work that has produced high-grade, low-arsenic antimony-gold concentrates and high overall gold recoveries. Capital markets updates, such as private placements, exchange listings on the TSX and ASX, and changes in OTC trading tiers, provide context on how the company finances and structures its exploration and development activities.
By using this page, investors and observers can access a stream of official company disclosures and related coverage tied to the MWSNF symbol, helping them understand how Southern Cross Gold Consolidated reports progress on drilling, metallurgical studies, and its positioning in the gold and antimony space.
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Mawson Gold Limited (MWSNF) reported significant drilling results from its Sunday Creek Project in Victoria. Recent drill holes SDDSC056-58, 61, 63, and 65 highlighted substantial intervals of mineralization, particularly SDDSC061, which revealed 12.0 m at 7.4 g/t AuEq, including 0.3 m at 249.5 g/t AuEq. The mineralization now extends 1,350 m in the main area. Mawson owns 51% of Southern Cross Gold (SXG), which operates the project. The ongoing drill campaign indicates potential expansion of mineralization, bolstered by visible gold findings. Mawson’s stake in SXG is valued at A$64.7 million based on recent market prices.
Mawson Gold Limited (OTC PINK:MWSNF) announced the resignation of CEO Ivan Fairhall, effective immediately, with the Board expressing gratitude for his service. Ms. Noora Ahola, the company's Environmental Director since 2016, has been appointed as the Interim CEO. Ahola's leadership experience in Finland is expected to ensure minimal operational disruption and maintain focus on growth, particularly for the Rajapalot gold-cobalt project. The Company has made significant progress in developing its assets, highlighted by the October 2022 PEA and the successful spin-out of Australian assets into Southern Cross Gold Ltd.