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Southern Cross Gold (ASX:$SXG) confirms economic potential with successful initial metallurgical test work

Southern Cross Gold's successful initial metallurgical test program


Southern Cross Gold Ltd (ASX:$SXG) has announced the successful results of its initial metallurgical test program conducted on two drill holes from the 100%-owned Sunday Creek Project in Victoria, Australia. The test work outlined a robust flow sheet for Sunday Creek, consisting of gravity separation of gold, followed by bulk or sequential flotation of gold and sulphides, resulting in high recoveries of both gold and antimony into products that are anticipated to be readily saleable, with high returns for both gold and antimony values.

Executive commentary on the successful initial metallurgical test program


Southern Cross Gold's Managing Director, Michael Hudson, stated, 'A key aspect of any mineral discovery is to test early for metallurgical performance. In this extremely strong initial result, we have demonstrated both the highly non-refractory and free nature of the gold at Sunday Creek, along with a robust flow sheet with high recoverability of both gold and antimony via industry-standard gravity and flotation methods. The products produced are anticipated to be readily saleable, with good payabilities.'

Summary of the initial metallurgical test work and outlook


The initial metallurgical test work conducted by Southern Cross Gold has confirmed the economic potential of the Sunday Creek Project, with high recoveries of both gold and antimony. The company aims to further optimize the metallurgical response, enhance understanding of the mineral types, and provide inputs to project development studies. The Sunday Creek epizonal-style gold project, located in Victoria, Australia, has shown promising results, and ongoing investigations and test work are recommended to maximize the project's potential.

Sourcehttps://announcements.asx.com.au/asxpdf/20240110/pdf/05z9l514q6m9q2.pdf

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