Southern Cross Gold

What Southern Cross Gold does

Southern Cross Gold Consolidated Ltd is a dual-listed Canadian-Australian mineral exploration company (TSX: SXGC; ASX: SX2 via CDIs) focused on the discovery and development of high-grade gold and antimony deposits in Australia. The company emerged from the January 2025 merger of Southern Cross Gold and Mawson Gold and is headquartered in Vancouver with its Australian corporate office in Melbourne. It serves institutional and retail investors seeking exposure to junior precious-metals and critical-minerals exploration, with no commercial product or service revenue. Its flagship asset is the 100%-owned Sunday Creek gold-antimony project, located 60 km north of Melbourne in Victoria, which has delivered 85 composite intersections exceeding 100 g/t Au across an 11km mineralized trend. Secondary projects include Redcastle (Victoria) and the Mt Isa project in Queensland targeting IOCG and Broken Hill-type deposits.

The company's core technology stack combines diamond drilling, geophysical survey methods, and an AI-assisted mineral discovery platform that analyzes structured geophysical data (magnetic, electrical, gravitational signatures) alongside geological mapping and historical production records to prioritize drill targets. The AI platform has reportedly produced successful predicted-intercept results at the Apollo prospect. Supporting operational infrastructure includes 10 active surface drill rigs, a contracted exploration decline with PYBAR Mining Services, and an approved Work Plan for an underground exploration tunnel. Technical leadership is anchored by a Fellow of the Australasian Institute of Mining and Metallurgy (CEO Michael Hudson) and a recently appointed Head of Technology & Processing with prior experience at BHP, Newcrest, and Hillgrove Resources.

Southern Cross Gold is pre-revenue and funds all exploration activities through equity financings and government grants rather than product sales. Its most significant capital event was a C$143M (A$162M) private placement completed in two tranches in May 2025 and April 2026, leaving the company with over C$150M in cash reserves and a multi-year drilling runway without near-term dilution risk. The company graduated from the TSX Venture Exchange to the Toronto Stock Exchange in February 2026 and was subsequently added to the S&P/TSX Composite Index. Its go-to-market is investor-relations-driven, relying on regulatory filings, mining-sector conferences, and email alerts to reach its institutional and retail shareholder base across North American and Asia-Pacific markets.

Name

Southern Cross Gold

Legal name

Southern Cross Gold Consolidated Ltd

Website

https://southerncrossgold.com

Company type

Public

Founded year

2025

Operating status

Operating

Headcount range

11–50 employees

Short description

Southern Cross Gold Consolidated is a dual-listed (TSX: SXGC, ASX: SX2) pre-revenue mineral exploration company exploring for high-grade gold and antimony in Australia, with the flagship Sunday Creek project in Victoria and a proprietary AI-assisted drilling targeting platform.

Ownership category

akta.pro rank

Product category

Gold and Antimony Mineral Exploration

NAICS

Gold Ore and Silver Ore Mining (212220), Other Metal Ore Mining (21229)

SIC

Gold And Silver Ores (1040), Metal Mining (1000)

akta.pro primary industry

Gold Mining (IMAKAEAA)

akta.pro secondary industry

Exploration & Resource Development (Critical Minerals) (IMAKAFAL)

Keywords

• Gold exploration
• Antimony exploration
• Mineral exploration
• Diamond drilling
• Mining exploration services

Headquarters

HQ city

Vancouver

HQ country

Canada

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Technology or R&D, Infrastructure, Marketing or Sales

Distribution channels2 records

Marketing channels3 records

Core offering

Southern Cross Gold Consolidated is a dual-listed gold and antimony mineral exploration company operating three projects in Australia: the flagship Sunday Creek gold-antimony project in Victoria, the Redcastle project along strike from Mandalay's Costerfield mine, and the Mt Isa IOCG project in Queensland. The company conducts grassroots and advanced exploration using diamond drilling, geophysical surveys, and AI-assisted mineral discovery tools to identify and define high-grade gold-antimony deposits. As a pre-revenue exploration-stage entity, it generates no commercial product revenue and funds activities through equity financing and government grants.

Product overview

Southern Cross Gold Consolidated is a dual-listed gold and antimony exploration company (TSX: SXGC, ASX: SX2) operating in Victoria, Australia. The company operates three exploration projects: the flagship Sunday Creek Gold-Antimony Project (100%-owned, 60km north of Melbourne) which is a high-grade drill discovery demonstrating 85 composite intersections exceeding 100 g/t Au across an 11km mineralized trend; the Redcastle Project (120km north of Melbourne, along strike from Mandalay's Costerfield mine) with historic gold workings; and the Mt Isa Project in Queensland targeting IOCG deposits. Antimony represents approximately 20% of in-situ recoverable value and is classified as a critical defense material by multiple governments. The company is advancing toward underground development with approved exploration tunnels.

Differentiator

Problem solved

Functional benefit

Brands

• Sunday Creek: Flagship gold-antimony exploration project 60km north of Melbourne in Victoria, Australia
• Redcastle
• Mt Isa

Products and services

• Sunday Creek Gold-Antimony Project

Segments2 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability2 records

Feature3 records

Partnerships

Four partnerships are on record, tiered core and minor.

• PYBAR Mining ServicescoreImplementation/ SI/ Consulting PartnerPYBAR was awarded the exploration decline contract for the Sunday Creek project. As a specialized mining contractor, PYBAR provides underground development and decline excavation services essential to advancing the project from surface exploration to underground drilling. The relationship represents a key operational partnership for project execution.
• Taungurung Land & Waters Council (TLaWC)coreStrategic or Co-development PartnerFormal engagement with the Taungurung Land & Waters Council for Indigenous heritage protection and community consultation on the Sunday Creek project located in Taungurung Country. The partnership involves ongoing heritage surveys, cultural site identification, and collaborative environmental management to ensure exploration activities respect Traditional Owner rights and cultural heritage.
• Queensland Government - Collaborative Exploration Initiative (CEI)minorOthersSouthern Cross Gold has received Collaborative Exploration Initiative grants from the Queensland Government. This non-dilutive funding supports exploration activities at the company's Queensland project tenements, reducing overall exploration expenditure. The CEI program provides matched funding for innovative exploration projects in under-explored Queensland regions.
• Minerals Council of Australia (MCA)minorOthersCorporate membership in the Minerals Council of Australia, the peak industry body representing Australia's mining sector. Membership provides access to policy advocacy, industry networking, sustainability frameworks, and best practice guidelines. The association supports the company's engagement with federal mining policy and regulatory frameworks.

Scale indicators3 records

Recent moves7 records

Market position

Competitive moat4 records

Key highlights13 records

Customer concentration

• Xx.com/MawsonGold
• YouTubeyoutube.com/channel/UCfakeChannelId
• Facebookfacebook.com/SXGexplores
• LinkedInlinkedin.com/company/southern-cross-gold
• Instagraminstagram.com/sxg_explores

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries1 record

Funding overview

Funding rounds6 records

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Southern Cross Gold