Southern Cross Gold Consolidated (SX2) Corporate presentation summary

Investment highlights

• Tier 1 high-grade gold-antimony deposit with 73 intersections exceeding 100 g/t Au from 107km drilled, ranking among the world's best hit rates.

• March 2025 exploration target of 2.2–3.2 Moz at 8.3–10.6 g/t AuEq, with only 10% of the 11km trend tested and mineralization open at depth and along strike.

• Strategic significance as the third largest Western antimony deposit, critical for US, Europe, Japan, and Australia amid global supply disruptions.

• Fully funded with A$147M cash, 100% project ownership, and no royalties; management and board own 8.6% FD.

• Victoria government support with rapid permitting—decline approved in November 2025 and construction commencing Q1 2026.

Project and exploration details

• Sunday Creek project covers 1,392 ha freehold land, 100% owned, located 60km from Melbourne.

• Exploration target based on three main prospects (Rising Sun, Apollo, Golden Dyke) with a combined 1,020m strike, representing 67% of the main drill footprint.

• Drilling program expanded to 200km with 10 rigs active; 1km decline construction underway to accelerate access.

• Mineralization remains open along strike and at depth, with grades improving at depth and potential to double resource.

• Structural geology supports continuity, with 95 mineralized "rungs" identified across five prospects and mineralization from surface to 1.1km depth.

Metallurgy and strategic positioning

• Non-refractory ore with simple gravity-flotation flow sheet; gold recovery of 92–96% and antimony recovery of 83–93%.

• Gold equivalence formula: AuEq = Au (g/t) + 2.39 × Sb (%), based on analogous Costerfield mine economics.

• Antimony is a defence-critical mineral, with Western supply security prioritized after Chinese export restrictions caused a 4–5x price increase.

• Sunday Creek is positioned as one of the largest Western world antimony discoveries, with significant growth potential.