Proactive - Interviews for investors

Southern Cross Gold begins trading on the ASX, highlights Sunday Creek Gold and Antimony project

Episode Summary

Southern Cross Gold CEO Michael Hudson joined Steve Darling from Proactive to share exciting updates with Proactive, marking the company's commencement of trading on the Australian Stock Exchange (ASX) under the ticker symbol “SX2.” The company, formed through the merger of Mawson Gold Limited and Southern Cross Gold, has taken strategic steps to consolidate its position as a significant player in the mining sector. A major highlight is the consolidation of ownership of the Sunday Creek gold project in Victoria, Australia, regarded as one of the world’s top gold and antimony discoveries. Hudson emphasized the extensive exploration efforts, including 70–80 kilometers of drilling, and the project's remarkable hit rates, which stand out within the mining industry. Southern Cross Gold aims to identify 3 million ounces of gold at ten grams per tonne through further exploration. The Victorian government has expressed strong support for the project, recognizing its potential to boost the local economy and global resources supply. Hudson also underscored the strategic importance of antimony, a critical metal with industrial and military applications, noting that most global supply is dominated by China and Russia. With Sunday Creek ranking among the top three non-Chinese and non-Russian antimony projects worldwide, it holds significant geopolitical and market value. #proactiveinvestors #asx #sx2 #tsxv #sxgc #GoldMining #SundayCreek #Antimony #MichaelHudson #MiningExploration #DualListing #CriticalMetals #GoldDiscovery #ProactiveInvestors