Southern Cross Gold (ASX:SXG) has announced a major discovery at its Sunday Creek Gold-Antimony Project near Melbourne, Australia. Recent drilling has revealed high-grade gold and antimony mineralisation, significantly extending known deposits. A notable drill hole, SDDSC141, intercepted rich gold zones, confirming Sunday Creek's potential as a substantial gold-antimony resource.
Southern Cross Gold's recent discovery at the Sunday Creek Project is a pivotal development, revealing substantial high-grade gold and antimony mineralisation. This positions the project as a key player in the global gold and antimony markets, offering significant potential for growth. With ambitious plans for extensive drilling and exploration, Southern Cross Gold aims to fully uncover the project's scale and value, addressing the critical mineral demand in Western markets affected by global supply dynamics.
The discovery at Sunday Creek underscores the project's potential as one of the most significant global gold-antimony finds in recent years. It emphasizes the strategic importance of the site, especially given the current market dynamics with China's export restrictions on antimony.