Southern Cross Gold (ASX:SX2) is a mineral exploration business focused on the discovery of gold deposits in the Victorian goldfields. Its flagship asset is the wholly owned Sunday Creek gold and antimony project which could represent one of the most significant exploration discoveries to come out of Australia in recent times. Ahead of appearing at the Noosa Mining Conference, Southern Cross Gold President & CEO / Managing Director Michael Hudson, joins Lel Smits from The Stock Network.
1. Overview of Sunday Creek
The current version of Southern Cross Gold (SX2) was formed in January after your merger with Toronto-listed Mawson Gold. Since then, you have reported a series of high-grade drill hits at Sunday Creek and defined an exploration target of between 2.2 and 3.2 million ounces of gold equivalent. Tell us about the significance of this project?
2. Fast-tracking Sunday Creek towards development
You recently raised about $160 million through a strongly supported Placement to advance works at Sunday Creek. What outcomes can we expect to see from this cash injection over the next couple of years?
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