Company Overview
Southern Cross Goldfields Ltd (SXG) was admitted to the official list of the Australian Securities Exchange (ASX) on 20th March, 2008. Following listing, the Company rapidly progressed exploration targets within the Central Yilgarn Gold and Nickel Province in Western Australia.
SXG Corporate Strategy
- Progress low capex gold production to fundongoing exploration
- Initial focus on Dulcie Gold Laterite heap leach project
- Permitting, metallurgy and resource definition being fast tracked; feasiblity study in progress
- Continue exploration for Company Maker
- Divest non-core assets and reduce burn rate to a minimum but with meaningful exploration and development maintained
SXG profile
- Gold and nickel sulphide exploration company
- 3,300 km² tenure in the Central Yilgarn Gold and Nickel Province (CYGNP)
- 0.425 Moz gold reported using JORC guidelines
- Known nickel sulphide to plus 3% Ni
- Early gold production options for cashflow:
- Dulcie Gold Laterite - 1.12Mt @ 0.68g/t Au (24,600oz)
- Battler Gold Oxide - 0.40Mt @ 2.0g/t Au (26,000oz)
- 109 gold and 26 nickel sulphide targets identified
Tenement Portfolio
(click on map to see full size)
SXG holds over 3300 km² tenements in the prospective Central Yilgarn Gold and Nickel Province.
- Central Yilgarn Gold and Nickel Province
- Highly endowed gold province with 6 plus > 1 Moz deposits
- World class nickel sulphide province - Forrestania and Mt Alexander
- Good infrastructure - gold treatment plants at Marvel Loch and Westonia
- SXG major land holder
Latest SXG news
Recent ASX announcements: www.scross.com.au/announcements.php
Electronic copies of the Company's 2009 Annual Report are available at www.scross.com.au/reports.php