Southern Cross Gold Consolidated Ltd (OTCQX: SXGCF) generates frequent news flow centered on its flagship Sunday Creek Gold-Antimony Project in Victoria, Australia. Company announcements highlight Sunday Creek as a high-grade epizonal gold-antimony system with multiple mineralized bodies, including Rising Sun, Apollo, Golden Dyke and Christina, defined along a "Golden Ladder" structure.
News releases regularly cover drilling results, where the company reports both broad mineralized zones and narrow, ultra-high-grade gold and antimony intercepts. These updates provide detail on new vein sets, step-outs at depth and along strike, and evidence that separate prospects such as Golden Dyke and Rising Sun may form parts of a continuous mineralized corridor.
Investors following SXGCF news will also see project advancement milestones, such as the approval of a Work Plan for an exploration tunnel at Sunday Creek. This underground access is described as a key step in moving from surface exploration to underground drilling, detailed mapping and technical studies that support potential future mine design.
Corporate and strategic developments are another recurring theme. The company has announced executive appointments, including a Chief Operating Officer with underground gold-antimony experience in Victoria and a Chief Financial Officer with mining finance expertise, reflecting its stated evolution from pure exploration toward possible development. It also issues updates on shareholder meetings, governance matters and its engagement with critical minerals policy, including support for Australia’s Critical Minerals Strategic Reserve and references to participation in defence-related supply chain initiatives.
For readers tracking SXGCF, this news stream offers insight into exploration progress, technical results, regulatory approvals and corporate decisions that shape the future of the Sunday Creek gold-antimony project. Bookmark this page to review new drilling data, project updates and company announcements as they are released.
Southern Cross Gold Consolidated (SXGCF) has started underground drilling at its Sunday Creek gold-antimony project, bringing operating rigs to 14. Two underground diamond drill rigs have joined 12 surface rigs at the wholly owned project in Victoria, Australia.
The company plans to add two more underground rigs in November 2026 and eight further rigs in February 2027, taking the total to 24. It is targeting its first mineral resource estimate and economic studies in the first half of 2027. The drilling program aims to extend mineralization beyond current drilling limits. The company says moving drilling underground increases drilling rates, allows 24-hour operations and reduces surface impacts. The underground rigs operate from the exploration decline, whose principal purpose was to accelerate drilling.
Southern Cross Gold Consolidated (SXGCF) has been named a preferred recipient of Victorian funding for studies into local antimony processing. The company and Gekko Systems will share more than A$750,000 under the Advancing Antimony Grants program.
Separately, Victorian Labor has pledged A$20 million towards an antimony processing facility in northern Victoria, conditional on re-election on 28 November 2026 and future funding terms. The proposed facility would be open to Australian producers and designed to produce up to 5,000 tonnes of antimony metal annually. Southern Cross is studying a facility that would process concentrate from Sunday Creek and other Australian producers. The grant will contribute to pilot-scale testing of Sunday Creek concentrate and updated engineering. The company applied for its first Sunday Creek mining licence in September 2026.
Southern Cross Gold Consolidated (SXGCF) will hold its annual shareholders meeting in Melbourne on November 18, 2026, at 11:00 am Melbourne time. The meeting will take place at The Auction Room, Level 4, InterContinental Melbourne (The Rialto).
Founder and non-executive director David Henstridge will not stand for re-election. All other current directors intend to seek re-election, while Paul Townsend will stand for election to the board for the first time. Management proxy materials covering director nominees and other meeting business will be available through SEDAR+, the ASX and the company's website.
Southern Cross Gold Consolidated (SXGCF) reported five infill drill holes at Golden Dyke, including 2.7 m grading 178.4 g/t gold. The results come from its wholly owned Sunday Creek Gold-Antimony Project in Victoria. SDDSC225 returned that interval from 662.3 m; SDDSC218 returned 6.8 m at 49.8 g/t gold from 537.9 m, and SDDSC221 returned 1.0 m at 198.9 g/t gold from 680.0 m.
Four newly recognized vein sets extended Golden Dyke 30 m to 50 m west toward Christina. Eight composite intervals exceeded 100 g/t gold. SDDSC218 also returned 2.2 m at 27.7 g/t gold and 8.9% antimony from 495.9 m. Southern Cross said closer drilling lifted grades and sharpened the high-grade cores. Bounding hole SDDSC236 returned no significant intersections, defining the southern margin. Results remain pending from 72 holes, including three abandoned holes; the 200,000 m drilling program continues through Q1 2027.
Southern Cross Gold (SXGCF) reports that Resources Victoria has accepted Mining Licence Application MIN009040 for the Sunday Creek gold‑antimony project’s Golden Dyke area on 22 September 2026.
The 30.7‑hectare application covers historic Golden Dyke workings on 100% company‑owned freehold land, where detailed exploration drilling has been concentrated. Acceptance starts the statutory public assessment phase, including advertising the application in local and Victoria‑wide newspapers, written notice to adjoining landowners, and a minimum 21‑day period during which any person may comment or object. A decision to grant or refuse the licence is due within 120 days of acceptance.
The company stresses that a mining licence is a starting point, not a right to mine. Before any mining could commence, SXGC would need planning consent or an Environment Effects Statement, an approved Mine Work Plan, and to lodge a rehabilitation bond and hold public liability insurance.
Southern Cross Gold (SXGCF) reported high-grade drill results from five holes at its 100%-owned Sunday Creek gold-antimony project, extending both the Apollo and Apollo East zones.
Flagship wedge hole SDDSC222W1 intersected 0.6 m @ 993.2 g/t AuEq (972.0 g/t Au, 8.9% Sb) from 808.5 m, about 620 m below surface, extending the Apollo A130 vein set 40 m deeper and ranking as the 9th best intersection on the project. Parent hole SDDSC222 cut a 118 m stacked zone averaging 1.6 g/t AuEq with a 39.3 m @ 3.3 g/t AuEq core and seven Apollo East vein sets.
At shallower depths in Apollo East, SDDSC227 returned 5.1 m @ 27.2 g/t AuEq from 260.9 m, including 2.6 m @ 51.1 g/t AuEq, with individual assays up to 186.0 g/t Au and 32.5% Sb only ~144 m below surface and the easternmost significant intersection to date. SDDSC223 delivered 97.6 g/t Au over 0.1 m at ~144 m depth, and SDDSC234 added down-dip and strike constraints on multiple vein sets. Apollo East is now defined across 140 m of horizontal strike within a 1,550 m drill-defined host strike.
To date, Sunday Creek has 283 holes for 136.9 km, 98 composite intersections above 100 g/t Au and 111 above 10% Sb, with results pending from 72 holes and eleven rigs active in a 200,000 m drill program running through Q1 2027.
Southern Cross Gold (OTCQX:SXGCF) reported deep drilling results from five holes at the 100%-owned Sunday Creek gold-antimony project in Victoria, focusing on the Rising Sun prospect. Flagship hole SDDSC230 cut 0.3 m @ 1,466.7 g/t AuEq (including 0.1 m @ 4,500 g/t Au) from 886.7 m, ranking as the 12th best composite intersection on the project and the fourth-highest single gold assay to date.
The program extended high-grade mineralization laterally by about 200 m and vertically by about 300 m, with step-outs of up to 150 m and confirmation of grade continuity down-plunge. Rising Sun now hosts the deepest mineralization intersected so far, and Sunday Creek totals 96 composite intersections above 100 g/t Au, with 11 drill rigs active and a 200,000 m program running through Q1 2027.
Southern Cross Gold (OTCQX: SXGCF) updated the Exploration Target for its 100%-owned Sunday Creek gold‑antimony project in Victoria, Australia. The conceptual target now ranges from 10.4–11.9 Mt grading 8.9–12.1 g/t AuEq, containing an estimated 3.0–4.6 Moz AuEq, across the Christina, Golden Dyke, Rising Sun, Apollo and Apollo East prospects over 1,500 m of strike.
The target is based on 125 modeled vein sets constrained by diamond drilling and prepared under NI 43‑101 and JORC guidelines. It remains an exploration target, not a Mineral Resource, and further drilling is needed to establish geological and grade continuity. Nine rigs are currently drilling within the target area and two on regional targets, with 130.6 km of drilling completed, 35 km awaiting assay and a further 135 km planned to Q1 2027. Stage 2 metallurgical work has demonstrated 92.3–95.6% overall gold recovery and high‑grade antimony‑gold concentrates.
Southern Cross Gold (OTCQX:SXGCF) reported five new drill holes from the 100%-owned Sunday Creek gold-antimony project in Victoria, focused on the westernmost step-out at the Christina prospect, around 300 m west of previous drilling. Key hole SDDSC235 intersected a continuous 481 m zone grading 0.92 g/t AuEq (0.87 g/t Au, 0.02% Sb, uncut) from 282.1 m, including 0.8 m @ 141.0 g/t AuEq from 568.9 m and multiple very high-grade gold assays up to 496.0 g/t Au. The hole tracked from Christina through the Golden Dyke corridor and into the Rising Sun corridor 1,010 m below surface, linking these systems in a single hole. Shallow drilling from a new western pad (SDDSC220, SDDSC232, SDDSC235) defined up to three new near-surface vein sets within 15–60 m of surface. Project totals now include 93 composite intersections above 100 g/t Au and 110 above 10% Sb. Eleven rigs are active, 68 holes are pending, and a 200,000 m drill program is planned through Q1 2027.
Southern Cross Gold (OTCQX: SXGCF) reported first deep drilling results from its 100%-owned Redcastle Project in Victoria, Australia, including high-grade intercepts at the Laura prospect. Key results from hole SDDRE016 include 26.2 g/t Au over 0.14 m from 112.98 m and 15.4 g/t Au over 0.22 m from 321.84 m, among eight high-grade gold intervals with associated antimony, confirming Costerfield-style vein mineralization over more than 250 m of vertical extent.
The Redcastle district hosts 14 reefs across a 900 m corridor and 17 km of historic workings, most untested below ~50 m depth. A second hole, SDDRE017 at Beautiful Venus, returned low-tenor gold (best 0.91 g/t Au over 0.29 m). Across its Victorian epizonal goldfields, Southern Cross Gold now has 11 drill rigs operating at Sunday Creek within a 200,000 m drill program through Q1 2027, with results pending from 71 holes.