Southern Cross Gold Consolidated (SX2) 2025 Precious Metals Summit - Beaver Creek summary

Project overview and discovery highlights

• Sunday Creek Project in Victoria is a major gold discovery, targeting a multi-million ounce, 10 g/t deposit.

• Over 90 km of drilling with exceptional hit rates, supported by nine rigs, expanding to 10 and then 22 as permitting advances.

• Fully funded with $160 million cash and ownership of over 1,000 hectares of freehold land, providing development flexibility.

• Shareholder base includes top industry investors holding 30% of stock, with strong global support.

Resource growth and exploration strategy

• Initial drilling revealed high-grade structures, with current exploration target at 8.3–10.6 million ounces, though resource is drill constrained.

• Monthly internal resource updates with SRK Consulting, converting 7.5 ounces per meter drilled.

• Only 10% of the discovery area has been explored, with a plan for 200 km of drilling to expand resources.

• PEA targeted for Q2 2027, with $20 million allocated for further exploration over 18 months.

Permitting, geology, and operational context

• Victoria has become a favorable jurisdiction for mine permitting, with four mines approved in six months and an 18-month environmental permit timeline.

• The project area features wide, high-grade gold-antimony veins, with widths of 2.3–3.8 meters and significant exploration upside along a 12 km trend.

• Land package includes 3.5 km of unpopulated freehold land, reducing community impact and facilitating development.