FINWIRES · TerminalLIVE
FINWIRES

Southern Cross Gold Consolidated Intersects High-Grade Assays From Victoria Project

By

Southern Cross Gold Consolidated (ASX:SX2) received high-grade assays up to 493 grams per tonne grade of gold and 29% antimony from drilling at the Apollo and Apollo East prospect, within its Sunday Creek project in Victoria, according to a Wednesday filing with the Australian bourse.

Results from seven drill holes included nearly 37 meters at 6.5 g/t gold equivalent from 700 meters, with the true thickness of the mineralized intervals interpreted to be about 55% to 75% of the sampled thickness for all reported holes, the filing said.

Seven assays exceeded 100 g/t grade of gold, and five recorded more than 20% antimony across the holes reported.

The company continues its ongoing drill program through to the first quarter of 2027, per the filing.

Related Articles

Asia

Cosmo Chemical Shares Rise 6% on KRW15.5 Billion EcoPro Supply Deal

Cosmo Chemical (KRX:005420) secured a supply contract for cobalt sulfate, a secondary battery cathode material, from EcoPro (KOSDAQ:086520) subsidiary EcoPro EM, according to a Tuesday Korea Exchange filing.The contract, worth 15.47 billion won, is valid till Dec. 31, 2031.Shares of Cosmo Chemical rose nearly 6% in recent trade.

$KOSDAQ:086520$KRX:005420
Asia

Grasim Industries Earmarks INR31 Billion Capex for Lyocell Capacity Expansion

Grasim Industries (NSE:GRASIM, BOM:500300) has received board approval for Phase II expansion of its Lyocell capacity in Harihar, Karnataka, involving capital expenditure of 30.9 billion Indian rupees, according to a Monday filing with the Indian bourses.The expansion will be executed in two phases, adding a total capacity of 110,000 tonnes per annum (TPA) through two 55,000 TPA lines. The first phase is expected to be completed by mid-2028, followed by the second phase by mid-2030.The Phase II expansion will complement Phase I of its Lyocell plant in Harihar, which is already under construction and is expected to be commissioned by mid-2027, the filing stated.

$BOM:500300$NSE:GRASIM
Asia

SEC Wins KRW4.2 Billion Equipment Supply Order from Hanwha Aerospace

South Korean tech and inspection company SEC (KOSDAQ:081180) won an order from Hanwha Aerospace (KRX:012450) to supply the latter with non-destructive testing equipment, according to a Tuesday filing with the Korea Exchange.The contract, worth 4.2 billion won, is valid till Dec. 31, 2027.Shares of Hanwha Aerospace rose nearly 1% in recent trade.

$KOSDAQ:081180$KRX:012450