Southern Cross Gold Consolidated (SX2) Diggers & Dealers Mining Forum 2025 summary

Strategic project overview

• High-grade gold and antimony deposit in Victoria, with a large, strategic resource and strong funding for development.

• Project is 100% owned, with over 1,000 hectares of freehold land and no private royalties.

• Backed by experienced leadership and major investors, including industry leaders and institutions.

• Victoria is experiencing a mining renaissance, with improved government support and permitting efficiency.

• Project is TSX and ASX listed, with a focus on per-share value creation.

Exploration and resource growth

• 200 km drill program underway, with nine rigs expanding to 22 over the next year.

• Discovery has rapidly advanced, with resource targets growing from 1–1.6 Moz to 2.2–3.2 Moz at 8.3–10.6 g/t AuEq.

• Deposit is open at depth and along a 10 km trend, with ongoing deep drilling and regional exploration.

• Four of the last top 10 intersections occurred in the past six months, indicating improving grades.

• Median mineralized widths are 2–4 meters, supporting robust mining potential.

Development and permitting

• Victoria has permitted four mines in the last six months, now considered the best jurisdiction in Australia for mine permitting.

• $165 million cash supports a 200 km drill-out and AUD 30 million decline development to accelerate resource definition.

• Decline will triple drilling speed and de-risk the project, with progressive permitting underway.

• AUD 20 million allocated for regional exploration along strike.

• Economic studies planned for the first and second quarters.