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Southern Cross Gold Consolidated Ltd. Chees Depository Interest Repr 1 shs ( (AU:SX2) ) just unveiled an announcement.
Southern Cross Gold Consolidated Ltd announced significant drilling results at the Golden Dyke prospect within its Sunday Creek Gold-Antimony Project. The drilling revealed high-grade gold mineralization and system expansion, with a notable intersection of 168 meters at 3.0 g/t gold equivalent. The results suggest that Golden Dyke may be part of a larger connected system with the Rising Sun deposit, potentially doubling the scale of the mineralized corridor. This discovery could enhance the company’s operational scale and market positioning, offering substantial mining optionality and potential economic benefits for stakeholders.
The most recent analyst rating on (AU:SX2) stock is a Hold with a A$6.10 price target. To see the full list of analyst forecasts on Southern Cross Gold Consolidated Ltd. Chees Depository Interest Repr 1 shs stock, see the AU:SX2 Stock Forecast page.
More about Southern Cross Gold Consolidated Ltd. Chees Depository Interest Repr 1 shs
Southern Cross Gold Consolidated Ltd is a mining company focused on gold and antimony exploration. The company operates the Sunday Creek Gold-Antimony Project in Victoria, Australia, which is known for its high-grade mineralization.
Average Trading Volume: 579,028
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$2.22B
For a thorough assessment of SX2 stock, go to TipRanks’ Stock Analysis page.