Company Overview

Southern Cross Goldfields Ltd is an ASX-listed company (ASX Code: SXG) focused on the exploration and development of a suite of high quality gold assets in the Marda region of Western Australia.

SXG has a dominant 4,000km² gold rights and tenement position across the Marda region including extensive exposure to the highly prospective Evanston Shear and Andromeda Trend where significant gold mineralisation has been identified and where excellent upside exists for further discoveries.

The Company has a total JORC compliant resource inventory of approximately 600,000 ounces of gold across a portfolio of predominantly oxide gold deposits.

Resource estimate updates are in progress following excellent drill results in the first half of 2011 at each of the Company’s deposits and prospects.

SXG has announced a gold production and consolidation strategy based on the establishment of a centrally located gold processing facility at the Marda Project where the bulk of its resource base is located.

A Feasibility Study is underway to define the gold production potential within the Company’s portfolio of gold projects.

The Company is also progressing exploration at the polymetallic Copper Bore project. SXG conducted the first modern geophysics at the project in January this year followed by a small initial drilling campaign in July. Significant mineralisation has previously been intersected along 10km of prospective strike.