Mariana Bermudez – Corporate Secretary
Mariana Bermudez – Corporate Secretary
+1 604 685 9316 [email protected]
1305 – 1090 West Georgia Street Vancouver, BC, V6E 3V7, Canada
Nicholas Mead – Corporate Development
+61 415 153 122 [email protected]
Level 21, 459 Collins Street, Melbourne, VIC, 3000, Australia
SOUTHERN CROSS GOLD CONSOLIDATED LTD
TSXV: SXGC | ASX: SX2
www.southerncrossgold.com
www.mawsongold.com
NEWS RELEASE
TSXV: SXGC | ASX: SX2
MAY 28, 2025
SOUTHERN CROSS GOLD DRILLS 3.4 m @ 466 g/t GOLD AT SUNDAY CREEK
Vancouver, Canada and Melbourne, Australia - Southern Cross Gold Consolidated Ltd (“SXGC”,
“SX2” or the “Company”) (TSXV:SXGC) (ASX:SX2) (OTCPK:MWSNF) (Frankfurt:MV3.F) announces
results from eight diamond drill holes from the Rising Sun and Golden Dyke and Christina prospects, at the
100%-owned Sunday Creek gold-antimony project in Victoria (Figure 7).
Michael Hudson, President & CEO, states: "These latest drill results continue to demonstrate the
exceptional potential of our Sunday Creek discovery. SDDSC161 has delivered our second highest
interval ever drilled, with 3.4 m @ 466.4 g/t AuEq including an ultra-high-grade core of 2.4 m @ 670.4 g/t
AuEq. The presence of 4,700 g/t Au over 0.2 m - our third highest individual assay - shows the remarkable
grade potential within our Golden Ladder system.
Our drilling program is strategically designed to both expand the project volume and de-risk known
high-grade zones through continuity confirmation . SDDSC156 dramatically increases the project's
mineralized volume by discovering six entirely new vein sets, while results like SDDSC161, SDDSC155A's
40 m to 50 m down dip extensions and SDDSC157's 120 m down dip extension demonstrate remarkable
continuity of our high-grade mineralization. These results consistently confirm that our very high grades
maintain their character both along strike and down dip , significantly reducing geological risk while
expanding the scale of this impressive system.”
Five Key Points
1. SDDSC161, drilled to infill mineralization with a 27 m up-dip extension at Rising Sun, hosts the
second-best interval on the project and two of the ten best intervals drilled:
o Second best interval: 3.4 m @ 466.4 g/t Au (1,585.8 AuEq g/t x m) including 2.4 m @
670.4 g/t Au.
o Third highest individual assay: 4,700 g/t Au over 0.2 m from 511.3 m.
o Ninth highest individual assay: 1,510 g/t Au over 0.3 m from 510.4 m.
2. Six new vein sets discovered between Christina and Golden Dyke in SDDSC156, highlighting
repeatability of mineralized structures.
3. Depth Extensions: Two of the reported holes (SDDSC1 55A and SDDSC157) intercepted high-
grade mineralization 40 m to 120 m below previously announced mineralization.
4. Sunday Creek's High-Grade Profile Expands: One additional +100 gram-metre AuEq intercept
and two additional 50 to 100 gram-metre AuEq intercepts bringing the project's total to 64 and 72,
respectively, further demonstrating robust grade distribution at depth.
5. Continued Exploration: Twenty-four additional holes are currently being processed and analyzed,
with eight more actively bein g drilled, continuing the systematic expansion of the project's
mineralized footprint.
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NEWS RELEASE
Figure 1: SDDSC161 intercept: 0.2 m @ 4,700 g/t Au and 0.26% Sb from 511.3 m showing abundant visible gold
in a quartz-carbonate-stibnite vein. Part of a wider zone grading 3.4 m @ 466.4 g/t AuEq (466.0 g/t Au, 0.2% Sb)
from 508.4 m. Core diameter is 63.5 mm.
FOR THOSE WHO LIKE THE DETAILS
Key Take Aways
• SDDSC161 (Rising Sun) was drilled east-to-west targeting the highly prospective RS01 vein set
with a 27 m up -dip extension and delivered the second highest composite interval in Sunday
Creek's history:
o 3.4 m @ 466.4 g/t AuEq (466.0 g/t Au, 0.2% Sb) from 508.4 m, including:
▪ 2.4 m @ 671.0 g/t AuEq (670.4 g/t Au, 0.2% Sb) from 509.5 m
Featured two exceptional +1,000 g/t gold assays in a single interval:
o 4,700 g/t Au over 0.2 m (3rd highest assay on the project)
o 1,510 g/t Au over 0.3 m (9th highest assay on the project)
Continued over page…
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NEWS RELEASE
Drill hole Discussion
Results from eight diamond drill holes SDDSC1 52, SDDSC154, SDDSC155, SDDSC155A, SDDSC156,
SDDSC157, SDDSC157A and SDDSC161 from the Rising Sun and Golden Dyke and Christina prospects,
are presented below.
Rising Sun Area
SDDSC161 delivered exceptional results with the second highest interval ever drilled at Sunday Creek,
intercepting 3.4 m @ 466.4 g/t AuEq from 508.4 m, including a higher -grade core of 2.4 m @ 671.0 g/t
AuEq from 509.5 m, plus the third highest individual assay of 4,700 g/t Au over 0.2 m (Figures 2, 3, 4 and
7). SDDSC161 was drilled 27 m up dip from SDDSC082 ( October 23, 2023 - 1.7 m @ 254.2 g/t AuEq and
1.6 m @ 500.3 g/t AuEq) and 11 m along strike from SDDSC110 (15 April, 2024 - 0.7 m @ 11.7 g/t AuEq).
Extended highlights include:
o 0.4 m @ 15.3 g/t AuEq (11.9 g/t Au, 1.4% Sb) from 473.7 m
o 7.8 m @ 7.0 g/t AuEq (2.2 g/t Au, 2.0% Sb) from 478.6 m, including:
• 2.3 m @ 13.0 g/t AuEq (4.7 g/t Au, 3.5% Sb) from 479.7 m
• 0.6 m @ 18.6 g/t AuEq (1.2 g/t Au, 7.3% Sb) from 483.7 m
• 0.4 m @ 18.3 g/t AuEq (6.1 g/t Au, 5.1% Sb) from 486.0 m
o 3.4 m @ 466.4 g/t AuEq (466.0 g/t Au, 0.2% Sb) from 508.4 m, including:
• 2.4 m @ 671.0 g/t AuEq (670.4 g/t Au, 0.2% Sb) from 509.5 m
Key Take Aways continued….
• SDDSC156 (Christina -Golden Dyke) was drilled from Christina toward Golden Dyke and
intersected a 125 m mineralized zone containing seven vein sets . Six represent entirely new
discoveries, with the standout intercept:
o 3.0 m @ 13.7 g/t AuEq (7.3 g/t Au, 2.7% Sb) from 267.8 m, including:
▪ 1.6 m @ 24.0 g/t AuEq (13.0 g/t Au, 4.6% Sb) from 267.8 m
• SDDSC155A (Rising Sun) provided critical depth extensions, delivering 40 m to 50 m down dip
continuity on two vein domains (RS05, RS15) while providing high-grade infill on a third (RS06),
highlighted by:
o 0.1 m @ 370.7 g/t AuEq (370.0 g/t Au, 0.3% Sb) from 682.5 m
• SDDSC157 (Golden Dyke) successfully extended three vein domains (GD80, GD90, GD100) by
40 m to 120 m down dip, with the standout intercept:
o 0.4 m @ 162.6 g/t AuEq (161.9 g/t Au, 0.3% Sb) from 647.0 m
• SDDSC152 (Rising Sun Control) was designed as a structural control hole drilled at high angles
to test dyke location. It successfully intersected 25 m of dyke and altered sediment at 940 m
vertical depth, representing a 130-170 m step-out below existing mineralization.
• Growing Project Scale: With 173 drill holes totalling 82,619 m completed since late 2020, Sunday
Creek now contains 64 intersections >100 g/t AuEq x m and 72 intersections between 50-100
g/t AuEq x m, establishing it as one of the world's premier gold-antimony discoveries.
4
NEWS RELEASE
This lower interval also included two of the top ten individual assays ever intercepted at Sunday Creek:
• 4,700 g/t Au over 0.2 m from 511.3 m (3rd highest on the project)
• 1,510 g/t Au over 0.3 m from 510.4 m (9th highest on the project)
SDDSC155A provided significant value by extending two mineralized vein sets 40 m to 50 m down dip and
delivering high -grade infill on a third vein set that showed impressive thickening up to 7 m true wi dth,
highlighted by a high-grade intercept of 0.1 m @ 370.7 g/t AuEq from 682.5 m. Highlights include:
o 0.3 m @ 56.1 g/t AuEq (40.3 g/t Au, 6.6% Sb) from 602.3 m, including:
• 0.2 m @ 92.3 g/t AuEq (66.0 g/t Au, 11.0% Sb) from 602.3 m
o 1.5 m @ 3.2 g/t AuEq (2.6 g/t Au, 0.3% Sb) from 620.3 m
o 2.0 m @ 3.2 g/t AuEq (3.0 g/t Au, 0.1% Sb) from 651.6 m, including:
• 0.6 m @ 8.5 g/t AuEq (8.0 g/t Au, 0.3% Sb) from 653.0 m
o 1.7 m @ 1.5 g/t AuEq (1.4 g/t Au, 0.0% Sb) from 666.0 m
o 2.0 m @ 1.7 g/t AuEq (1.6 g/t Au, 0.0% Sb) from 670.6 m
o 4.5 m @ 6.6 g/t AuEq (5.7 g/t Au, 0.4% Sb) from 674.9 m, including:
• 2.1 m @ 11.0 g/t AuEq (9.4 g/t Au, 0.7% Sb) from 674.9 m
• 0.6 m @ 9.1 g/t AuEq (8.2 g/t Au, 0.4% Sb) from 678.7 m
o 0.1 m @ 370.7 g/t AuEq (370.0 g/t Au, 0.3% Sb) from 682.5 m
o 4.0 m @ 1.0 g/t AuEq (0.8 g/t Au, 0.1% Sb) from 695.8 m
o 5.1 m @ 1.6 g/t AuEq (1.3 g/t Au, 0.1% Sb) from 752.8 m
SDDSC155 was abandoned at 29.3 m depth after re -entering previously drilled hole SDDSC122 and
becoming unrecoverable.
SDDSC152 served as an important south-north control hole that successfully intersected the dyke breccia
altered host 130 m to 170 m below existing drilling and intercepted mineralization on both the hanging wall
and footwall of the dyke, with intervals of 0.5 m @ 1.11 g/t Au from 1047.2 metres and 0.2 m @ 4.76 g/t Au
from 986.7 m indicating the mineralized system continues to at least 0.97 km depth on the western margins
of Rising Sun as already drill tested on the eastern side of Rising Sun.
Golden Dyke – Christina Area
SDDSC156 achieved outstanding results by intersecting a 125 m wide mineralized zone and discovering
seven vein sets, six of which were entirely new discoveries. This drill hole demonstrates the consistent
repeatability of miner alized vein sets and highlights how east -west oriented drill holes can successfully
identify new structures when following up on earlier north-south control holes.
Extended highlights include:
o 0.1 m @ 21.2 g/t AuEq (1.2 g/t Au, 8.4% Sb) from 239.2 m
o 0.9 m @ 2.6 g/t AuEq (1.9 g/t Au, 0.3% Sb) from 244.0 m
o 0.9 m @ 5.6 g/t AuEq (2.6 g/t Au, 1.3% Sb) from 248.0 m
o 0.2 m @ 41.4 g/t AuEq (30.9 g/t Au, 4.4% Sb) from 253.1 m
o 4.6 m @ 1.5 g/t AuEq (1.0 g/t Au, 0.2% Sb) from 260.8 m
o 3.0 m @ 13.7 g/t AuEq (7.3 g/t Au, 2.7% Sb) from 267.8 m, including:
• 1.6 m @ 24.0 g/t AuEq (13.0 g/t Au, 4.6% Sb) from 267.8 m
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NEWS RELEASE
o 0.2 m @ 17.2 g/t AuEq (1.8 g/t Au, 6.5% Sb) from 286.9 m
o 3.4 m @ 4.9 g/t AuEq (4.1 g/t Au, 0.3% Sb) from 289.7 m, including:
• 0.6 m @ 12.8 g/t AuEq (12.6 g/t Au, 0.1% Sb) from 292.5 m
o 0.7 m @ 3.2 g/t AuEq (0.9 g/t Au, 1.0% Sb) from 297.4 m
o 3.8 m @ 2.0 g/t AuEq (0.7 g/t Au, 0.5% Sb) from 309.8 m, including:
• 0.8 m @ 7.2 g/t AuEq (2.0 g/t Au, 2.2% Sb) from 309.8 m
o 5.1 m @ 0.9 g/t AuEq (0.5 g/t Au, 0.2% Sb) from 316.5 m
o 3.3 m @ 1.4 g/t AuEq (0.7 g/t Au, 0.3% Sb) from 330.5 m
o 0.7 m @ 9.9 g/t AuEq (9.1 g/t Au, 0.4% Sb) from 356.0 m
o 2.0 m @ 3.7 g/t AuEq (2.5 g/t Au, 0.5% Sb) from 359.1 m
o 2.7 m @ 2.6 g/t AuEq (0.6 g/t Au, 0.8% Sb) from 371.8 m
SDDSC154, drilled from the same collar location as SDDSC156, had limited success as it exited the
mineralized system earlier than anticipated (drilled outside the “rails of the ladder”) , intercepting only minor
mineralization of 0.9 m @ 2.7 g/t AuEq from 287.2 m in a parallel dyke structure within the hanging wall,
though it provided valuable structural information for future. Highlights include:
o 0.9 m @ 2.7 g/t AuEq (2.7 g/t Au, 0.0% Sb) from 287.2 m
Golden Dyke Area
SDDSC157 delivered a strong result, successfully extending known mineralization with 40 m to 45 m down
dip extensions on the GD90 and GD100 vein sets and importantly achieving a 120 m down dip extension on
the GD80 vein set. Extended highlights include:
o 1.4 m @ 4.9 g/t AuEq (4.6 g/t Au, 0.1% Sb) from 19.0 m
o 2.3 m @ 2.1 g/t AuEq (2.1 g/t Au, 0.0% Sb) from 24.2 m
o 2.9 m @ 1.3 g/t AuEq (1.2 g/t Au, 0.0% Sb) from 621.4 m
o 0.4 m @ 162.6 g/t AuEq (161.9 g/t Au, 0.3% Sb) from 647.0 m, including:
• 0.2 m @ 262.7 g/t AuEq (262.0 g/t Au, 0.3% Sb) from 647.0 m
o 0.4 m @ 5.3 g/t AuEq (5.3 g/t Au, 0.0% Sb) from 666.2 m
o 0.3 m @ 53.8 g/t AuEq (39.9 g/t Au, 5.8% Sb) from 693.2 m, including:
• 0.2 m @ 75.4 g/t AuEq (56.2 g/t Au, 8.0% Sb) from 693.2 m
o 0.3 m @ 41.8 g/t AuEq (41.8 g/t Au, 0.0% Sb) from 703.8 m
o 2.8 m @ 1.4 g/t AuEq (1.4 g/t Au, 0.0% Sb) from 908.1 m
Pending Results and Update
The drilling program continues to advance with twenty-four holes (SDDSC159, 160, 160W1, 160W2, 16 2-
172, 163A, 168W1, 169A, 169AW1, SDDGT001-005) currently being processed and analysed. Eight
additional holes (SDDSC170A, 173-179) are actively being drilled.
The drilling strategy employs a systematic approach to intersect both the dyke host structure ("ladder rails")
and associated mineralized vein sets ("ladder rungs") at optimal angles, continuing to expand the project's
mineralized footprint while improving geological understanding of the system.
6
NEWS RELEASE
About Sunday Creek
The Sunday Creek epizonal -style gold project is located 60 km north of Melbourne within 16,900 hectares
(“Ha”) of granted exploration tenements. SXGC is also the freehold landholder of 1,054.51 Ha that forms the
key portion in and around the main drilled area at the Sunday Creek Project.
Cumulatively, 173 drill holes for 82,619.0 m have been reported from Sunday Creek since late 2020. 5 holes
for 929 m have been drilled for geotechnical purposes. An additional 14 holes for 832.0 m from Sunday Creek
were abandoned due to deviation or hole conditions. 14 drillholes for 2,383 m have been reported regionally
outside of the main Sunday Creek drill area. A total of 64 historic drill holes for 5,599 m were completed from
the late 1960s to 2008. The project now contains a total of sixty-four (64) >100 g/t AuEq x m and seventy-
two (72) >50 to 100 g/t AuEq x m drill holes by applying a 2 m @ 1 g/t AuEq lower cut.
Our systematic drill program is strategically targeting these significant vein formations . Initially these have
been defined over 1,500 m strike of the host from Christina to Apollo prospects, of which approximately 620
m have been more intensively drill tested (Rising Sun to Apollo). At least 7 4 ‘rungs’ have been defined to
date, defined by high-grade intercepts (20 g/t to >7,330 g/t Au) along with lower grade edges. Ongoing step-
out drilling is aiming to uncover the potential extent of this mineralized system (Figure 5).
Geologically, the project is located within the Melbourne Structural Zone in the Lachlan Fold Belt. The regional
host to the Sunday Creek mineralization is an interbedded turbidite sequence of siltstones and minor
sandstones metamorphosed to sub-greenschist facies and folded into a set of open north-west trending folds.
Further Information
Further discussion and analysis of the Sunday Creek project is available through the interactive Vrify 3D
animations, presentations and videos all available on the SXGC website. These data, along with an interview
on these results with Michael Hudson, President & CEO, can be viewed at www.southerncrossgold.com.
No upper gold grade cut is applied in the averaging and intervals are reported as drill thickness. However,
during future Mineral Resource studies, the requirement for assay top cutting will be assessed. The Company
notes that due to rounding of assay results to one significant figure, minor variations in calculated composite
grades may occur.
Figures 1 to 7 show project location, plan, longitudinal views and analysis of drill results reported here and
Tables 1 to 3 provide collar and assay data . The true thickness of the mineralized intervals reported is
approximately 50-60% of the sampled thickness for other reported holes. Lower grades were cut at 1.0 g/t
AuEq lower cutoff over a maximum width of 2 m with higher grades cut at 5.0 g/t AuEq lower cutoff over a
maximum of 1 m width.
Critical Metal Epizonal Gold-Antimony Deposits
Sunday Creek (Figure 2) is an epizonal gold-antimony deposit formed in the late Devonian (like Fosterville,
Costerfield and Redcastle), 60 million years later than mesozonal gold systems formed in Victoria (for
example Ballarat and Bendigo). Epizonal deposits are a form of orogenic gold deposit classified according to
their depth of formation: epizonal (<6 km), mesozonal (6-12 km) and hypozonal (>12 km).
Epizonal deposits in Victoria often have associated high levels of the critical metal, antimony, and Sunday
Creek is no exception. China claims a 56 per cent share of g lobal mined supplies of antimony, according to
a 2023 European Union study. Antimony features highly on the critical minerals lists of many countries
including Australia, the United States of America, Canada, Japan and the European Union. Australia ranks
seventh for antimony production despite all production coming from a single mine at Costerfield in Victoria,
located nearby to all SXG projects. Antimony alloys with lead and tin which results in improved properties for
solders, munitions, bearings and batt eries. Antimony is a prominent additive for halogen -containing flame
retardants. Adequate supplies of antimony are critical to the world's energy transition, and to the high -tech
industry, especially the semi -conductor and defence sectors where it is a cri tical additive to primers in
munitions.
7
NEWS RELEASE
Antimony represents approximately 21 % to 24% in situ recoverable value of Sunday Creek at an AuEq of
2.39 ratio.
In August 2024, the Chinese government announced it would place export limits from September 15, 2024
on antimony and antimony products. This puts pressure on Western defen ce supply chains and negatively
affects the supply of the metal and pushes up pricing given China’s dominance of the supply of the metal in
the global markets. This is positive for SXGC as we are likely to have one of the very few large and high -
quality projects of antimony in the western world that can feed western demand into the future.
Antimony Exempt from Executive Order on Reciprocal Tariffs
Southern Cross Gold Consolidated notes that antimony ores and concentrates (HTSUS code 26171000) are
exempt from the April 2, 2025 US Executive Order on Reciprocal Tariffs. The exemption covers antimony
ores and concentrates as well as unwrought antimony, antimony powders, antimony waste a nd scrap, and
articles of antimony (HTSUS codes 81101000, 81102000, and 81109000).
About Southern Cross Gold Consolidated Ltd. (TSXV:SXGC) (ASX:SX2)
Southern Cross Gold Consolidated Ltd. (TSXV:SXGC, ASX:SX2) controls the Sunday Creek Gold-Antimony
Project located 60 km north of Melbourne, Australia. Sunday Creek has emerged as one of the Western
world's most significant gold and antimony discoveries, with exceptional drilling results including 64
intersections exceeding 100 g/t AuEq x m from just 82 km of drilling. The mineralization follows a "Golden
Ladder" structure over 12 km of strike length, with confirmed continuity from surface to 1,100 m depth.
Sunday Creek’s strategic value is enhanced by its dual-metal profile, with antimony contributing 20% of the
in-situ value alongside gold. This has gained increased significance following China's export restrictions on
antimony, a critical metal for defense and semiconductor applications. Southern Cross’ inclusion in the US
Defense Industrial Base Consortium (DIBC) and Australia's AUKUS-related legislative changes position it as
a potential key Western antimony supplier. Importantly, Sunday Creek can be developed primarily based on
gold economics, which reduces antimony-related risks while maintaining strategic supply potential.
Technical fundamentals further strengthen the investment case, with preliminary metallurgical work showing
non-refractory mineralization suitable for conventional processing and gold recoveries of 93 -98% through
gravity and flotation.
With a strong cash position, over 1,000 Ha of strategic freehold land ownership, and a large 60 km drill
program planned through Q3 2025, SXGC is well -positioned to advance this globally significant gold -
antimony discovery in a tier-one jurisdiction.
NI 43-101 Technical Background and Qualified Person
Michael Hudson, President and CEO and Managing Director of SXGC, and a Fellow of the Australasian
Institute of Mining and Metallurgy , and Mr Kenneth Bush, Exploration Manager of SXGC and a RPGeo
(10315) of the Australian Institute of Geoscientists, are the Qualified Persons as defined by the NI 43 -101.
They have prepared, reviewed, verified and approved the technical contents of this release.
Analytical samples are transported to the Bendigo facility of On S ite Laboratory Services (“On Site”) which
operates under both an ISO 9001 and NATA quality systems. Samples were prepared and analyzed for gold
using the fire assay technique (PE01S method; 25 g charge), followed by measuring the gold in solution with
flame AAS equipment. Samples for multi-element analysis (BM011 and over-range methods as required) use
aqua regia digestion and ICP -MS analysis. The QA/QC program of Southern Cross Gold consists of the
systematic insertion of certified standards of known gold and antimony content, blanks within interpreted
mineralized rock and quarter core duplicates. In addition, On Site inserts blanks and standards into the
analytical process.
8
NEWS RELEASE
SXGC considers that both gold and antimony that are included in the gold equivalent calculation (“AuEq")
have reasonable potential to be recovered at Sunday Creek, given current geochemical understanding,
historic production statistics and geologically ana logous mining operations. Historically, ore from Sunday
Creek was treated onsite or shipped to the Costerfield mine, located 54 km to the northwest of the project,
for processing during WW1. The Costerfield mine corridor, now owned by Mandalay Resources Ltd contains
two million ounces of equivalent gold (Mandalay Q3 2021 Results), and in 2020 was the sixth highest-grade
global underground mine and a top 5 global producer of antimony.
SXGC considers that it is appropriate to adopt the same gold equivalent v ariables as Mandalay Resources
Ltd in its 2024 End of Year Mineral Reserves and Resources Press Release, dated February 20, 2025. The
gold equivalence formula used by Mandalay Resources was calculated using Costerfield’s 2024 production
costs, using a gold price of US$2,500 per ounce, an antimony price of US$19,000 per tonne and 2024 total
year metal recoveries of 91% for gold and 92% for antimony, and is as follows:
𝐴𝑢𝐸𝑞 = 𝐴𝑢 (𝑔/𝑡) + 2.39 × 𝑆𝑏 (%)
Based on the latest Costerfield calculation and given the similar geological styles and historic toll treatment
of Sunday Creek mineralization at Costerfield, SXGC considers that a 𝐴𝑢𝐸𝑞 = 𝐴𝑢 (𝑔/𝑡) + 2.39 × 𝑆𝑏 (%) is
appropriate to use for the initial exploration targeting of gold-antimony mineralization at Sunday Creek.
JORC Competent Person Statement
Information in this announcement that relates to new exploration results contained in this report is based on
information compiled by Mr Kenneth Bush and Mr Michael Hudson. Mr Bush is a Member of Australian
Institute of Geoscientists and a Registered Professional Geologist and Member of the Australasian Institute
of Mining and Metallurgy and Mr Hudson is a Fellow of The Australasian Institute of Mi ning and Metallurgy.
Mr Bush and Mr Hudson each have sufficient experience relevant to the style of mineralization and type of
deposit under consideration, and to the activities undertaken, to qualify as a Competent Person as defined
in the 2012 Edition of the Joint Ore Reserves Committee (JORC) Australasian Code for Reporting of
Exploration Results, Mineral Resources and Ore Reserves. Mr Bush is Exploration Manager and Mr Hudson
is President, CEO and Managing Director of Southern Cross Gold Consolidated Ltd. and both consent to the
inclusion in the report of the matters based on their information in the form and context in which it appears.
Certain information in this announcement that relates to prior exploration results is extracted from the
Independent Geologist’s Report dated 11 December 2024 which was issued with the consent of the
Competent Person, Mr Steven Tambanis. The report is included in the Company’s prospectus dated 11
December 2024 and is available at www.asx.com.au under code “SX2”. The Company confirms that it is not
aware of any new information or data that materially affects the information related to exploration results
included in the original market announcement. The Company confirms that the form and context of the
Competent Persons’ findings in relation to the report have not been materially modified from the original
market announcement.
The Company confirms that it is not aware of any new information or data that materially affects the
information included in the original document/announcement and the Company confirms that the form and
context in which the Competent Person’s findings are presented have not materially modified from the original
market announcement.
- Ends -
This announcement has been approved for release by the Board of Southern Cross Gold Consolidated Ltd.
For further information, please contact:
Mariana Bermudez – Corporate Secretary - Canada
[email protected] or +1 604 685 9316
Executive Office: 1305 – 1090 West Georgia Street Vancouver, BC, V6E 3V7, Canada