Southern Cross Gold has been granted approval from the Foreign Investment Review Board to acquire key land on properties surrounding its prospective Sunday Creek gold project in Victoria.

Southern Cross Gold (SXG) is set to take control of a ‘significant’ swathe of prime gold-antimony mining land 60km north of Melbourne.

The local mining industry has welcomed a number of changes made by the Victorian government in support of the sector.

Victoria is a world-renowned gold province with a variety of deposit styles and pre-competitive geoscientific data and knowledge to improve targeting and reduce mineral exploration risk.

The latest drilling results reported by Southern Cross Gold from its high-grade Sunda y Creek gold-antimony project near Melbourne in Victoria have included an impressive-looking 186m grading 8.8 grams per tonne gold at the Apollo prospect.

Southern Cross Gold is pushing to define the full extent of the mineral system within the Sunday Creek Gold-Antimony Project in Victoria, via drilling programs.