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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Comment by wisdompleaseon Aug 26, 2013 1:32pm

122 Views

Post# 21698122

RE:RE:3 world class deposits

I agree 100% with Shylock. There was enough time and enough money over the years to avoid the slow painful unwinding of this company. There may have been limited opportunity BUT we all could have know this many years ago. In addition to the salaries and bonuses, I wonder how much "exploration kickback" money changed hands while the cash dwindeled. Can't help but wonder....

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