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Southern Cross Gold Ltd V.SXG


Primary Symbol: SXGDF

Metals & Mining Gold
Southern Cross Gold Ltd is an exploration stage company with a focus on gold exploration in Australia. The Company’s focus is primarily on the exploration and development of its portfolio of exploration projects through its wholly owned subsidiaries, Clonbinane Goldfield Pty Ltd (Clonbinane), Mawson Victoria Pty Ltd (Mawson Victoria) and Mawson Queensland Pty Ltd (Mawson Queensland), which hold rights in the projects, including Sunday Creek Project, Whroo Project, Redcastle Project, and Mt Isa Project. Its flagship project, the 100%-owned Sunday Creek epizonal-style gold project, is located about 60 kilometers (km) north of Melbourne within 19,365 hectares (ha) of granted exploration tenements. The Redcastle Project is located in central Victoria about 120 km north of Melbourne, 45 km east of Bendigo and about 20 km northeast of Heathcote. The Mt Isa Project covers about 861 square kilometers of tenure in the Cloncurry/Mount Isa block in Queensland, over a combined 60 km of strike.


OTCPK:SXGDF - Post by User

Southern Cross Gold Ltd
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Post by wisdompleaseon Mar 22, 2012 7:50pm
359 Views
Post# 19707498

Today's News Release - interpretation?

Today's News Release - interpretation?

Can anyone weigh in today's news release? https://www.samex.com/files/6513/3245/3928/NR1-12-Mar22.pdf

As a ignorant layman investor I can never interpret these. They always sound great but need more sophisticated investors, geological folks to really interpret what the news release says.

Thanks in advance to anyone who can provide insight.

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Dealroom for high-potential pre-IPO opportunities