Southern Cross Gold today commences trading as a constituent of the Australian All Ordinaries index

Описание: Southern Cross Gold Consolidated Ltd. (“Southern Cross Gold” or the “Company”) (TSXV:SXGC) (ASX:SX2) (OTCPK:MWSNF) (Frankfurt:MV3.F) will today be added to the All Ordinaries Index effective prior to Australian Securities Exchange (“ASX”) market open on March 24, 2025.

The inclusion onto the All Ordinaries Index (XAO) is a great achievement for the company. It is market cap driven which is an outcome of the result of hard work by exceptionally talented people, around the tremendous Sunday Creek gold-antimony asset.

Mr Hudson noted the recent share price rise at a time of multiple confluent factors:
Geopolitical uncertainty driving the price to stabilise above US$3,000 an ounce.
Chinese export controls on Antimony.
A continuation of high grade drill result announcements from Sunday Creek.
A doubling of the Exploration Target.
Commencing the permitting process for an exploration tunnel at Sunday Creek.
Many funds now looking at gold and investing in it for the first time.
Seventeen holes are currently being processed, analysed or in progress.

Shareholders can expect a series of key catalysts over the next quarter including:
Ongoing expansion of the core resource area with monthly SRK Consulting
Modelling updates
IP geophysical testing of regional targets along the 12 km strike length
Completion of Stage 2 metallurgical studies
Expansion of drilling operations from six to eight rigs with dedicated regional target testing, and
Advancement of permitting processes with the State of Victoria including environmental and hydrogeological studies


In the Company's 11 March 2025 announcement Michael Hudson, Southern Cross Gold's President & CEO, commented, "We are delighted to be included in the All Ordinaries Index, which recognizes our team's hard work and the support of our shareholders in building Southern Cross Gold into a significant player in the Australian gold and critical metals sector. This inclusion will increase our visibility to a broader range of investors and potentially improve the liquidity of our shares, benefiting all stakeholders. We look forward to continuing to engage with investment analysts, institutional fund managers, and investors both in Australia and internationally as we continue to build one of the world’s most significant gold-antimony assets at Sunday Creek."

The Ordinaries Index is Australia's oldest share market indicator and represents the 500 largest companies listed on the Australian Securities Exchange by market capitalization. The index is widely regarded as the benchmark for measuring the performance of the Australian equity market.

Southern Cross Gold's inclusion in this index is expected to attract increased interest from institutional investors, index funds, and exchange-traded funds (ETFs) that track the All Ordinaries, potentially enhancing the Company's visibility and trading liquidity.

Southern Cross Gold’s CDIs commenced trading on the ASX under the ticker symbol SX2 on January 15, 2025. Each CDI represents one fully paid share of common stock of Southern Cross Gold Consolidated Ltd.

About Southern Cross Gold Consolidated Ltd.

Southern Cross Gold Consolidated Ltd. (TSXV:SXGC, ASX:SX2) controls the Sunday Creek Gold-Antimony Project located 60 kilometres north of Melbourne, Australia. Sunday Creek has emerged as one of the Western world's most significant gold and antimony discoveries, with exceptional drilling results including 55 intersections exceeding 100 g/t AuEq x m from just 70.7 km of drilling. The mineralization follows a "Golden Ladder" structure over 12 km of strike length, with confirmed continuity from surface to 1,100 m depth.

Sunday Creek’s strategic value is enhanced by its dual-metal profile, with antimony contributing 20% of the in-situ value alongside gold. This has gained increased significance following China's export restrictions on antimony, a critical metal for defence and semiconductor applications. Southern Cross’ inclusion in the US Defense Industrial Base Consortium (DIBC) and Australia's AUKUS-related legislative changes position it as a potential key Western antimony supplier. Importantly, Sunday Creek can be developed primarily based on gold economics, which reduces antimony-related risks while maintaining strategic supply potential.

With A$18M in cash, over 1,000 Ha of strategic freehold land ownership, and an aggressive 60 km drill program planned through Q3 2025, SXGC is well-positioned to advance this globally significant gold-antimony discovery in a tier-one jurisdiction.

IMPORTANT NOTE AND DISCLAIMER

This video does not purport to be financial advice or a financial recommendation. Please consult professional advice before making any investment decisions.

Visit www.southerncrossgold.com to obtain full information including Exchange releases mentioned in this update including also the Gold Equivalent Calculation and Competent Person Statement & Contact person information.