Southern Cross Gold (ASX: SX2) Accelerates 11-Rig Campaign with High-Grade Intercepts at Sunday Creek

Key Highlights

• Southern Cross Gold reports high-grade gold-antimony results from seven new drill holes at Sunday Creek

• Standout intercept includes 36.6 metres at 6.5 g/t gold equivalent from Apollo East

• Eleven drill rigs now active with 67 holes awaiting assays

• Strategic antimony exposure continues to attract market attention amid global supply constraints

• Sunday Creek continues expanding at depth, near surface and along strike

Gold discoveries often unfold one drill hole at a time. At Southern Cross Gold Consolidated (ASX: SX2), the pace is considerably faster.

The company has reported another batch of high-grade drilling results from its Sunday Creek project in Victoria, with assays continuing to extend the gold-antimony system in multiple directions as an 11-rig exploration campaign gathers momentum.

The latest results come from seven drill holes across the Apollo and Apollo East prospects, reinforcing what has become one of Australia’s most closely watched gold exploration stories.

Among the standout intercepts was hole SDDSC202 at Apollo East, which returned 36.6 metres grading 6.5 grams per tonne gold equivalent, comprising 4.0 g/t gold and 1.0% antimony from 700 metres depth. Within that interval, the company reported an exceptionally high-grade assay of 493 g/t gold over 0.1 metres.

Another hole, SDDSC214W1, pushed the eastern boundary of mineralisation a further 20 metres and delivered 0.5 metres at 251.4 g/t gold equivalent, including 232 g/t gold and 8.1% antimony.

Meanwhile, SDDSC217 extended mineralisation 100 metres closer to surface at Apollo East and returned antimony-rich intercepts including 0.1 metres at 130.6 g/t gold equivalent, containing 31.3% antimony.

More than just a gold story

While gold remains the headline commodity, Sunday Creek’s growing antimony inventory is becoming an increasingly important part of the investment narrative.

Antimony is classified as a critical mineral by Western governments due to its role in defence technologies, semiconductors, solar energy systems and battery applications. Global supply remains heavily concentrated, with China accounting for more than half of worldwide production and implementing tighter export controls in recent years.

Against that backdrop, discoveries outside China are attracting heightened strategic interest.

Victoria is already home to the Costerfield mine, one of the world’s highest-grade antimony operations, and Sunday Creek shares many geological similarities with the nearby project.

Industry observers have increasingly highlighted the importance of securing alternative Western sources of critical minerals as governments seek to diversify supply chains.

Growing in every direction

What continues to stand out at Sunday Creek is the scale of the drilling program.

Southern Cross Gold now has 11 rigs operating across the project, with 67 drill holes still awaiting laboratory results. The company is working toward a massive 200,000-metre drilling campaign scheduled to continue through the first quarter of 2027.

President and CEO Michael Hudson said the latest results continue to demonstrate the consistency of the mineralised system.

“These seven holes continue to do what Sunday Creek does best, growing the system in every direction we test. SDDSC202 delivered a standout 36.6 m at 6.5 g/t AuEq with high grade assays up to 493 g/t gold, while SDDSC214W1 has pushed mineralization to the most easterly position yet identified anywhere on the property, opening up new ground at Apollo East.”

Hudson also highlighted the significance of the shallow antimony-rich discoveries.

“The shallow, antimony-rich results up to 31.3% Sb in SDDSC217 are equally important, confirming strong critical-metal tenor close to surface. With eleven rigs turning and 67 holes pending, we are only accelerating as we drive toward defining the full extent of this exceptional gold-antimony system.”

The road ahead

The latest drilling supports Southern Cross Gold’s evolving geological model, often referred to by the company as the “Golden Ladder” structure, where multiple mineralised vein sets continue to demonstrate continuity at depth and along strike.

Preliminary metallurgical testing has also delivered encouraging results, with gold recoveries reported between 93% and 98% using conventional processing methods.

Despite Tuesday’s share price weakness, with SX2 trading down 6.65% to $9.12 by late morning, the company remains one of the strongest-performing gold exploration stocks over the past year, delivering a 31% return and building a market value approaching $2.5 billion.

Source: MarketIndex 

With drilling accelerating, assay results continuing to flow and antimony becoming an increasingly strategic commodity, Sunday Creek remains firmly in the spotlight as one of Australia’s most significant emerging gold discoveries.