Southern Cross Gold Consolidated Business Summary

Southern Cross Gold Consolidated Ltd. (SXGCF) is a mineral exploration company primarily focused on the acquisition and discovery of high-grade gold and antimony deposits within the Victorian goldfields of Australia. The company operates as a pre-revenue entity, generating value through the systematic exploration and resource definition of its flagship Sunday Creek Project, alongside its Redcastle and Whroo joint ventures. Its business model is centered on leveraging equity financing to fund aggressive diamond drilling programs, aiming to transition its high-grade "Fosterville-style" discoveries from the exploration phase toward production. Within the competitive landscape of the Melbourne Zone, SXGCF competes directly with established producers such as Agnico Eagle (Fosterville Mine) and Mandalay Resources (Costerfield Mine), as well as regional explorers like Nagambie Resources and Golden Cross Resources. The company distinguishes itself through its dual-metal profile, positioning Sunday Creek as one of the most significant new gold-antimony discoveries in the Western world. The leadership team is headed by President, CEO, and Co-founder Michael Hudson, a professional geologist with over 30 years of experience who has co-founded seven public exploration companies. In November 2025, the company strengthened its executive suite by appointing Michael Frame as Chief Financial Officer, who brings 17 years of mining-specific financial expertise from Evolution Mining and AIC Mines. The board is chaired by veteran explorer Tom Eadie and was significantly bolstered in January 2026 with the appointment of Non-Executive Director Ian Smith, the former CEO of Newcrest Mining and Orica. Other key board members include David Henstridge and Georgina Carnegie, while Mariana Bermudez serves as Corporate Secretary. SXGCF maintains a high-pedigree investor base that includes prominent gold industry figures such as Pierre Lassonde (co-founder of Franco-Nevada) and Darren Morcombe, alongside institutional backing from Franklin Templeton and Konwave AG.