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Why Southern Cross Gold's Share Price is Up 50% — ASX:SXG| ASX Mining News & Discussion
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Lykeshares Official
$SXG Why Southern Cross Gold's Share Price is Up 50%
Southern Cross Gold has announced a groundbreaking discovery at its Sunday Creek Project in Victoria, Australia. The drilling operation has yielded a spectacularly wide and high-grade intersection of gold-antimony mineralisation. The 100%-owned Rising Sun Prospect has produced a record-breaking hole, SDDSC077B, which has exceeded previous SA exploration results by almost three times.

The Discovery

SDDSC077B intersected 404.4 m @ 5.6 g/t AuEq (5.1 g/t Au, 0.3% Sb) from 374.0 m (uncut). The most notable results include two areas in the top ten list for Sunday Creek, with combined intersections containing up to 2,670 g/t Au. The unearthed geological treasures show that Southern Cross Gold has delivered on its strategy of demonstrating grade, volume, and scale by drilling a 25 m to 60 m spaced extension of high-grade mineralisation around SDDSC050 for the first time.

The Prospect

The Rising Sun Prospect is touted as significant for the company and the industry. As there was limited discovery ...
Why Southern Cross Gold's Share Price is Up 50%

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Lykeshares Official
Berkshire is hoarding so. much. cash.
Berkshire is hoarding so. much. cash.
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Lykeshares Official
Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore.

There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can ...
Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore. There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can rush, it’s a complex, slow-moving process that takes years of precision and experience. Intel could recover some ground eventually, but framing them as the savior of American chipmaking feels more like a political talking point than a practical reality.
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Lykeshares Official
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
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Lykeshares Official
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
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Lykeshares Official
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
L
Lykeshares Official
🔺 Student Loan Delinquencies Hit Record 12.9%...
The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
🔺 Student Loan Delinquencies Hit Record 12.9%... The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
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Lykeshares Official
$ASN Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?
Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?