Southern Cross Gold updates Sunday Creek exploration target to 3-4.6 Moz gold equivalent
Reuters2026/08/04 10:06- Southern Cross Gold updated its exploration target for the 100%-owned Sunday Creek gold-antimony project in Victoria.
- Conceptual target set at 10.4-11.9 million tonnes grading 8.9-12.1 g/t gold equivalent for 3.0-4.6 million oz AuEq.
- Target spans five prospects over about 1,500 meters of strike, covering less than 15% of an 11 km mineralized corridor.
- Drilling program expanded to nine rigs on the main area, two on regional targets; 35 km of core pending; 135 km planned to Q1 2027.
- Stage 2 metallurgy cited total gold recovery of 92.3%-95.6% across gravity, antimony-gold concentrate, sulphide concentrate streams.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Japanese Yen consolidates near August highs vs USD as hawkish BoJ, Fed bets clash
The 10-year U.S. Treasury yield climbs to 4.8%, erasing the dividend advantage of utility stocks; the sector’s rebound depends on interest rate stabilization rather than technical signals.
As U.S. Treasury yields continue to climb, the American utilities sector is experiencing a significant pullback—a rise in yields not only erodes the relative appeal of the sector’s dividends but also raises financing costs for the most capital-intensive industries within this market.

Euro holds gains above 1.1600 despite robust US jobs data, traders eye ECB rate decision