"Southern Cross Gold: A New Frontier in Gold and Antimony Exploration"

In the ever-evolving landscape of mining and exploration, Southern Cross Gold Consolidated Ltd. has taken a bold step forward with the commencement of the permitting process for an underground exploration tunnel at its 100%-owned Sunday Creek project near Clonbinane, Victoria. This move is not just a strategic play in the mining sector but a testament to the company's commitment to sustainable and community-centric operations. Let's delve into the significance of this development and its potential impact on the industry and the local community.



The Sunday Creek project, located approximately 60 kilometers north of Melbourne, has emerged as one of the Western world's most significant gold and antimony discoveries. With exceptional drilling results and a strategic dual-metal profile, the project is poised to become a key player in the global supply of these critical metals. The proposed exploration tunnel, planned to be approximately 150 meters deep and 600 meters long, will enable underground drilling operations, reducing noise and light emissions associated with surface drilling. This innovative approach not only enhances exploration capabilities but also minimizes the environmental and community impacts, aligning with Southern Cross Gold's commitment to responsible mining practices.

The permitting process, while crucial, is fraught with challenges. Environmental surveys are currently underway to ensure minimal impacts on the local environment and community. The company has also scheduled a series of community drop-in sessions across Mitchell Shire to engage with local residents and address any concerns they may have. These proactive measures demonstrate Southern Cross Gold's dedication to transparency and community engagement, essential for the project's long-term sustainability and success.

The strategic value of the Sunday Creek project is further enhanced by its dual-metal profile, with antimony contributing 20% of the in-situ value alongside gold. This dual-metal profile is strategically important because antimony is a critical metal for defense and semiconductor applications. China's export restrictions on antimony have gained increased significance, making the Sunday Creek project's antimony component more valuable. The project's strategic positioning, combined with its dual-metal profile, makes it an attractive investment opportunity.

The implications of China's export restrictions on antimony for the project's future are significant. China's restrictions have created a need for secure critical mineral supply chains in Western nations. The project's strategic value is further enhanced by the fact that Southern Cross Gold is included in the US Defense Industrial Base Consortium (DIBC) and Australia's AUKUS-related legislative changes, positioning it as a potential key Western antimony supplier. This strategic positioning, combined with the project's dual-metal profile, makes it an attractive investment opportunity.

The key environmental and community engagement considerations for the Sunday Creek project are multifaceted and crucial for ensuring the project's long-term sustainability and success. By minimizing environmental impacts, engaging with the community, and adhering to regulatory requirements, Southern Cross Gold is positioning the project for long-term sustainability and success. The company's commitment to transparency and collaboration with the local community will be crucial in navigating any challenges that may arise and ensuring the project's positive impact on the region.

In conclusion, Southern Cross Gold's commencement of the permitting process for the underground exploration tunnel at the Sunday Creek project is a significant milestone in the mining industry. The project's strategic value, enhanced by its dual-metal profile and commitment to sustainable and community-centric operations, positions it as a key player in the global supply of gold and antimony. As the project moves forward, it will be crucial for Southern Cross Gold to continue its proactive approach to environmental and community engagement, ensuring the project's long-term sustainability and success. The future of the Sunday Creek project is bright, and it serves as a testament to the potential of responsible mining practices in the 21st century.