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Southern Cross Gold (OTCQX: SXGCF) welcomes Australia's A$1.2 billion Critical Minerals Strategic Reserve, which prioritises antimony alongside gallium and rare earths. Sunday Creek, 60 km north of Melbourne in Victoria, is described as a significant undeveloped gold-antimony deposit with an approved exploration decline and site establishment underway.
Key metrics: 73 drill intersections >100 g/t gold, 90 intersections >10% antimony, peak 3,511 g/t Au and 47.5% Sb; metallurgical recoveries of 92%–96% gold; plan to expand to 22 drill rigs. The federal package includes A$185m for stockpiling and aligns with a A$200 billion Victorian endowment.
Southern Cross Gold (OTCQX: SXGCF) reported drill results from four holes at the 100%‑owned Sunday Creek project, with SDDSC188 returning the best Golden Dyke intersection to date: 12.2 m @ 33.3 g/t AuEq (32.4 g/t Au, 0.4% Sb) from 447.0 m, including a standout 0.2 m @ 1,050 g/t Au from 452.72 m. Eight vein sets were intersected, including two new veins (GD82, GD83) outside the current Exploration Target and a 50–70 m step-down on some veins. SDDSC186W1 linked Golden Dyke and Rising Sun, and the company continues a 200,000 m drill program through Q1 2027 with nine rigs operating.
Southern Cross Gold (OTCQX: SXGCF) reported results from 12 holes at the 100%-owned Sunday Creek project on December 17, 2025, highlighted by a deep high-grade intercept of 3.6 m @ 14.7 g/t AuEq (14.6 g/t Au) from 708.6 m in SDDSC192 and an individual sample of 0.21 m @ 236 g/t Au from 711.54 m. The program discovered a new mineralized zone between the Gladys and Golden Orb faults—0.3 m @ 45.9 g/t AuEq from 856.2 m—and returned exceptional antimony assays up to 25.1% Sb.
Drilling shows continuity at depth and along strike, with Apollo East extended to ~150 m strike, multiple step-downs of 60–80 m, nine rigs active, and a planned 200,000 m program through Q1 2027.
Southern Cross Gold (OTCQX: SXGCF) appointed Ryan Austerberry as Chief Operating Officer effective December 1, 2025.
Austerberry brings 20+ years of underground gold-antimony operations experience, including senior roles at Costerfield and Björkdal. He will lead advancement of the Sunday Creek project from exploration through mine development and operations.
The appointment follows Victoria's Work Plan approval for the Sunday Creek exploration tunnel on 27 November 2025, enabling underground access and making Austerberry's experience directly relevant to planned development.
Southern Cross Gold (OTCQX: SXGCF) received Work Plan approval on November 27, 2025 to construct an exploration tunnel (decline) at the Sunday Creek gold-antimony project in Victoria, Australia.
The tunnel enables underground access for detailed mapping, precision drilling, geotechnical data collection and mining-method assessment, and supports a planned expansion to 22 drill rigs (10 surface + 12 underground). Site establishment is due to begin within a month and underground construction is estimated at 6–9 months. The company said it is progressing additional Water Act and Environment Protection Act approvals and will continue community engagement.
Southern Cross Gold (OTCQX: SXGCF) reported drill results from SDDSC184A at the 100%‑owned Sunday Creek Golden Dyke prospect on November 18, 2025. Highlights include a composite 9.2 m @ 34.6 g/t AuEq (32.2 g/t Au, 1.0% Sb) from 604.8 m and individual samples of 0.24 m @ 986 g/t Au and 0.20 m @ 416 g/t Au
The hole returned a cumulative 45.6 m @ 9.5 g/t AuEq (8.8 g/t Au, 0.3% Sb), confirmed four vein sets, extended GD65‑70‑75 by 20 m along strike and GD60 by 65 m downdip, and increases project totals of high‑grade intersections. Ten rigs remain active and a 200,000 m drill program continues through Q1 2027.
Southern Cross Gold (OTCQX: SXGCF) held its Annual General Meeting on November 17, 2025 in Melbourne, Australia. All matters put to a vote were approved by the requisite majority of votes cast.
A total of 95,812,993 common shares were represented at the meeting, equal to approximately 37.06% of the issued and outstanding common shares as of the record date. Detailed voting results, including proxies and the election tallies for each director, are provided in Appendix 1. A final Report of Voting Results will be filed on SEDAR+ at www.sedarplus.ca.
Southern Cross Gold (OTCQX: SXGCF) announced the promotion of Michael Frame to Chief Financial Officer effective November 4, 2025. Mr. Frame joined the company as Financial Controller in July 2025 and will oversee finance, accounting, reporting, audit, tax, and capital planning.
Mr. Frame brings 17 years of commercial and financial experience in gold and copper mining, including site-based roles across Australia and the Asia Pacific, and prior senior roles at AIC Mines and Evolution Mining. Longtime CFO Nick DeMare (CFO since 2007) transitions to Manager - Canadian Financial Operations and will continue supporting SXGCF.
Southern Cross Gold (OTCQX:SXGCF) reported drilling results from Golden Dyke at the 100%-owned Sunday Creek project on October 23, 2025. Key results include 168 m @ 3.0 g/t AuEq (uncut) from 392.4 m with nested high-grade cores such as 6.2 m @ 16.5 g/t AuEq and individual bonanza assays to 254 g/t Au. Drilling confirmed a 100 m vertical extension on the GD120 vein and recorded a project-record antimony assay of 52.3% Sb over 0.2 m. Management identified an 80–100 m untested strike gap between Golden Dyke and Rising Sun and has repositioned rigs; a 200,000 m drill program continues through Q1 2027 with 37 holes pending results.
Southern Cross Gold (OTCQX:SXGCF) reported exceptional drilling results from its Sunday Creek gold-antimony project in Victoria, highlighting significant high-grade continuity. Key results include a striking intersection of 0.5 m @ 342.2 g/t AuEq (335.5 g/t Au, 2.8% Sb) just 12 m from a previous high-grade zone.
The project achieved a milestone with 70 drill intersections exceeding 100 g/t m AuEq. Notable findings include broad mineralized zones like 18.0 m @ 3.7 g/t AuEq containing multiple high-grade shoots, and exceptional antimony grades with three assays exceeding 40% Sb. The drilling confirmed stacked vein architecture across vertical intervals exceeding 160 m.
The company continues its ambitious 200,000 m drill program through Q1 2027, with results pending from 32 holes and nine rigs actively drilling.
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