Southern Cross Goldfields Ltd

SXG's total JORC compliant Mineral Resource inventory in the Southern Cross region is set out below:

SXG Mineral Resource Estimate (as at November 2011)

Deposit	Measured			Indicated			Inferred			Total
	Tonnes	Grade g/t	Ounces	Tonnes	Grade g/t	Ounces	Tonnes	Grade g/t	Ounces	Tonnes	Grade g/t	Ounces
Northern Deposits
Marda Central	1,918,197	1.91	117,506	161,609	1.61	8,344	326,748	1.70	17,895	2,406,554	1.86	143,745
King Brown	100,288	4.36	14,060	63,334	2.59	5,274	73,925	2.95	7,012	237,547	3.45	26,346
Golden Orb	415,829	3.01	40,246	102,890	1.97	6,517	175,600	1.79	10,107	694,319	2.55	56,870
Mt King							523,000	3.00	50,540	523,000	3.00	50,540
Sub-Total	2,434,314	2.20	171,812	327,833	1.91	20,136	1,099,273	2.42	85,464	3,861,420	2.23	277,412
Barranco Option							1,711,000	2.54	139,741	1,711,000	2.54	139,741
Sub-Total	2,434,314	2.20	171,812	327,833	1.91	20,136	2,810,273	2.49	225,205	5,572,420	2.33	417,153
Southern Deposits
Battler	361,344	2.69	31,255	39,300	3.46	4,372	52,087	3.53	5,912	452,731	2.85	41,539
British Hill				1,166,000	1.90	71,235	557,000	1.90	34,029	1,723,000	1.90	105,264
Sub-Total	361,344	2.69	31,255	1,205,300	1.95	75,607	609,087	2.04	39,941	2,175,731	2.10	146,803
TOTAL	2,795,658	2.26	203,066	1,533,133	1.94	95,743	3,419,360	2.41	265,146	7,748,151	2.26	563,955
Laterite
Dulcie				1,020,000	0.70	22,958	100,000	0.70	2,251	1,120,000	0.70	25,209
Sub-Total				1,020,000	0.70	22,958	100,000	0.70	2,251	1,120,000	0.70	25,209
TOTAL	2,795,658	2.26	203,066	2,553,133	1.45	118,701	3,519,360	2.36	267,397	8,868,151	2.07	589,164
Notes to resources table

Infill and extensional diamond and RC drilling has been undertaken at each deposit in the first half of 2011 as part of the Company's feasibility study. The Mineral Resource Estimates for each deposit are being updated progressively as assay results are received and interpretations completed. The results of the drilling programmes conducted in 2011 have been very encouraging. Please refer to the Company's announcements for further details.

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