SXG Confirms Economic Potential at Sunday Creek Project, VIC
Project Name: Sunday Creek Project
Project Location: Victoria (VIC), Australia
Project Stage: Exploration
ProjectBank Summary: Southern Cross Gold Ltd (ASX: SXG) has announced successful initial metallurgical test results from its 100%-owned Sunday Creek Project in Victoria, Australia. The test work has outlined a robust flow sheet for gold and antimony recovery, highlighting the non-refractory nature of native gold. The results demonstrated high recoveries of gold (93.3% - 97.6%) and antimony (87.1% - 93.8%) into saleable products, underscoring the economic potential of the project.
Southern Cross Gold Highlights:
High recoveries of gold and antimony:
Gravity and bulk flotation resulted in 93.3% - 97.6% recovery of gold.
Antimony concentrate grades ranged from 32% - 52% Sb with 87.1% - 93.8% recovery.
Non-refractory nature of gold:
High proportion of native gold (82% - 84%) in mineralogical investigations.
Gravity recoveries achieved 18% - 33% with high concentrations of native gold.
Independent metallurgical program:
Test work conducted by AMML in Gosford, NSW, and supervised by Craig Brown of Resources Engineering & Management.
MD/CEO Statement: Michael Hudson, Managing Director of Southern Cross Gold, stated: "A key aspect of any mineral discovery is to test early for metallurgical performance. In this extremely strong initial result, we have demonstrated both the highly non-refractory and free nature of the gold at Sunday Creek, along with a robust flow sheet with high recoverability of both gold and antimony via industry-standard gravity and flotation methods. The products produced are anticipated to be readily saleable, with good payabilities."
