Drill Results
Southern Cross Gold Drills 36.6 m @ 4.0 g/t Au and 1.0% Sb

Executive Summary
- Southern Cross Gold Consolidated Ltd announced drill results from seven new holes targeting the Apollo and Apollo East prospects at its 100%-owned Sunday Creek Gold-Antimony Project in Victoria, Australia.
- The results highlight significant gold-antimony intersections, led by a best new intersection of 36.6 m @ 6.5 g/t AuEq (4.0 g/t Au, 1.0% Sb) from 700.0 m in hole SDDSC202, with individual high-grade assays reaching up to 493 g/t Au and 31.3% Sb.
- Mineralization continues to expand laterally and vertically, with SDDSC214W1 pushing known mineralization 20 m east and SDDSC217 confirming strong antimony tenor near surface.
- Eleven rigs are currently active, with 67 holes pending analysis as part of a 200,000 m drill program extending through Q1 2027.
- Preliminary testing confirms non-refractory mineralization suitable for conventional processing, with gold recoveries of 93% to 98% via gravity and flotation. Antimony concentrate (~50% Sb, <0.2% As) is deemed attractive to smelter markets. Process plant design studies are targeting Q1 2027 completion.
Material Impact
- The latest drill results are consistent with the company's historical trajectory of delivering high-grade, continuous gold-antimony intersections across the Sunday Creek system.
- The expansion of Apollo East and confirmation of shallow antimony tenor reinforce the geological model and support the ongoing 200,000 m drill program.
- While the grades are strong, exploration updates of this nature are typically incremental and expected by the market given the aggressive drilling campaign. The metallurgical confirmation of high recoveries and low arsenic content in the antimony concentrate is a positive de-risking step but does not constitute a fundamental change to the project's economics or timeline.
- The recent inclusion in the S&P/TSX Composite Index (effective June 22, 2026) and prior inclusions in GDXJ and FTSE Canada All Cap provide structural liquidity and institutional access, which supports the stock but is already priced in as a routine milestone.
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Company Overview
- Southern Cross Gold Consolidated Ltd is a pre-production exploration company focused on the Sunday Creek Gold-Antimony Project, located 60 km north of Melbourne, Victoria, Australia.
- The project sits in a Tier 1 jurisdiction with 1,392 hectares of 100%-owned freehold land and no commercial royalties.
- The system features a "Golden Ladder" structure over a 12 km strike length, with mineralization tested from surface to over 1,100 metres depth.
- The dual-metal profile combines gold (primary) and antimony (strategic by-product), with antimony contributing approximately 21% to 24% of the in-situ recoverable value.
- Antimony is classified as a critical metal for defense and semiconductor applications, gaining strategic importance following global supply constraints and Chinese export restrictions.
- The company is a member of the U.S. Defense Industrial Base Consortium (DIBC) and benefits from Australia's AUKUS-related legislative changes, positioning it as a potential key Western antimony supplier.
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Jul 06, 2026 · 06:02