Explorer Southern Cross Gold has reported that the deepest hole beneath the Rising Sun target at its Sunday Creek project in Victoria has returned the fourth-best single assay from the project to date.

Australian explorers should take inspiration from Canadian counterparts and drill harder for longer, says an emerging Aussie junior. For years a cultural distinction has defined the Aussie and Canadian exploration markets. While Aussies have been keen to release resources early, start small and grow from a running start, Canadian companies have been known for delaying resource announcements while they drill like beavers chew through wood.

Southern Cross Gold has substantially increased the exploration target for its Sunday Creek gold-antimony project in Victoria towards 4.6 million ounces across its five core prospects.

Barry Fitzgerald discusses Southern Cross Gold's own path towards creating value at Sunday Creek.

Southern Cross Gold directors have exercised in-the-money options in the explorer, raising another A$5.5 million for corporate costs an exploration work on the ground north of Melbourne in Victoria.

While Victoria’s mining and exploration sector is losing market share to other jurisdictions, the government has been taking steps to turn things around releasing a Critical Minerals Roadmap in 2024, and working to streamline the approvals process.