Southern Cross Goldfields Ltd

Southern Cross Goldfields - ASX:SXG

SXG 2010 start

SXG is currently running an RC drilling program at the Dulcie Gold Project.

Assay results from the company’s December 2009 drilling program at Battler target are pending and an ASX announcement is expected to be released shortly.

SXG is currently interviewing candidates to fill the positions of Project Geologist and Project Mining Manager, to begin work January/February. Please refer to employment tab here.

SXG Rights Issue

The Directors of Southern Cross Goldfields Ltd are pleased to announce that the Rights Issue announced on 27 October 2009, closed on 24 November 2009 oversubscribed.

Resource Confirmed at Dulcie

SXG has confirmed significant gold mineralised laterite at its Dulcie gold project.

An independent resource estimate has been received and metallurgical testwork and feasibility studies are currently in progress.

Dulcie is being examined as a low capital and operating cost heap leach operation.

Latest news

28/01/2010 - Quarterly Report - December 2009

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20/01/2010 - High Grade Drill Intercepts at Battler

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03/12/2009 - Renounceable Rights Issue Allotment

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30/11/2009 - SXG Rights Issue closes oversubscribed

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Contact SXG

Telephone: +61 8 9215 7600