Southern Cross Goldfields
The SXG Board's primary objective is to be a company focussed on gold and nickel exploration in the highly gold and nickel endowed Central Yilgarn Nickel Province of Western Australia. The exploration activities are aimed at identifying high margin ore-bodies that can be brought into profitable production with minimum risk.
The Board and management team intends to take advantage of the excellent land holdings they have put together in an area which, in their opinion, includes one of the few remaining under-explored areas of the Yilgarn Province of Western Australia.
State of the art exploration techniques will be brought to the Marda Gold Project, where previous exploration has concentrated on areas of outcrop and subcrop. In the more accessible greenstone belts in the Yilgarn Province, exploration in areas of outcrop and subcrop was conducted during the 1980s and early 1990s whereas exploration during the mid to late 1990s and early 2000s concentrated on areas of cover and utilised more sophisticated surface geochemistry, auger and "base of hardpan" sampling and large areas of pattern RAB drilling. This resulted in the discovery of numerous "blind" deposits under shallow to deep cover including several very large deposits such as Kanowna Belle, Sunrise Dam, Wallaby and Bronzewing. The paucity of auger sampling and RAB drilling away from areas of outcrop-subcrop is a feature of much of the area of interest within the Company's tenements and the Board considers these areas to be highly prospective and worthy of a high quality systematic exploration program.
The Company's projects include: