Welcome to our dedicated page for SOUTHERN CROSS news (Ticker: MWSNF), a resource for investors and traders seeking the latest updates and insights on SOUTHERN CROSS stock.
Southern Cross Gold Ltd. (MWSNF) delivers focused exploration updates from its high-grade gold-antimony projects in Victoria's historic mining regions. This page aggregates official press releases, operational milestones, and technical disclosures from the company's systematic exploration programs.
Investors and industry observers will find timely updates on the Sunday Creek project's drilling campaigns, resource modeling advancements, and strategic initiatives. Content spans project expansions, geological discoveries, and operational partnerships, curated to support informed analysis of this emerging gold-antimony explorer.
All materials maintain the company's rigorous standards for technical reporting, with verified assay results and QA/QC protocols. Regular updates reflect Southern Cross's commitment to transparent communication regarding its epizonal deposit exploration strategies in Australia's premier mining jurisdictions.
Bookmark this page for direct access to unfiltered operational updates from one of Victoria's most active exploration companies. Combine these primary sources with third-party analysis for comprehensive investment research into strategic metals development.
Mawson Gold's subsidiary Southern Cross Gold has announced significant results from its Sunday Creek Project in Victoria, Australia. The company drilled two diamond drill holes, intersecting multiple high-grade gold and antimony structures. Highlights include SDDSC115A with 3.2m @ 48.2 g/t AuEq and SDDSC117 with 0.5m @ 473.1 g/t AuEq. Southern Cross Gold plans to drill 60 km over the next year, starting a specialized NAVI drilling program to enhance confidence in grade continuity. Mawson holds a 51% stake in SXG, valued at A$270.5 million. Further exploration includes a regional IP geophysical survey.
Mawson Gold (OTC PINK: MWSNF) announced it has fully exercised its participation rights in Southern Cross Gold’s (SXG) Rights Issue to maintain its 50.6% ownership. The Rights Issue closed on May 9, 2024. Mawson acquired 2,840,910 SXG shares at A$1.82 per share, totaling A$5,170,456.20. This brings Mawson's holdings to 96,590,910 shares, valued at A$286,875,003 as of May 13, 2024. The proceeds will be used by SXG to fund ongoing exploration of the Sunday Creek project. Mawson seeks to maximize shareholder value by exploring ways to provide direct access to SXG shares.
