Southern Company(US:SO) TMX Newsfile·2026-01-28 11:00Core Insights - Southern Cross Gold Consolidated Ltd has reported significant drilling results from the Rising Sun prospect at the Sunday Creek Gold-Antimony Project, highlighting the potential for high-grade gold and antimony mineralization. Group 1: Drilling Results - The drill hole SDDSC196 intersected a 559 m mineralized corridor averaging 2.5 g/t AuEq, with six intervals greater than 20 g/t AuEq, including three assays exceeding 100 g/t Au [4][12]. - The standout intersection from SDDSC196 was 1.3 m at 670.4 g/t AuEq, marking it as the 7th highest intercept on the project [2][14]. - The highest individual antimony assay recorded to date was 0.16 m at 65.9% Sb, along with 78.5 g/t Au, reinforcing the project's strategic importance as a Western antimony supply source [4][8]. Group 2: Project Development - The company is currently operating ten rigs with 39 holes pending results, indicating a robust drilling program aimed at resource definition [21][39]. - The Sunday Creek project has now accumulated 95 composite intersections exceeding 100 g/t AuEq from a total of 239 drill holes, underscoring the high-grade potential of the deposit [4][26]. - The ongoing drill program is part of a larger 200,000 m initiative set to continue through Q1 2027, aimed at systematically converting exploration potential into defined resources [21][39]. Group 3: Strategic Importance - The project is positioned to become a significant source of antimony in the Western world, especially in light of China's recent export restrictions on antimony, which have tripled prices [8][34]. - Antimony contributes approximately 21% to 24% of the in-situ recoverable value of the Sunday Creek project, enhancing its dual-metal profile alongside gold [35][37]. - The strategic value of Sunday Creek is further emphasized by its inclusion in the US Defense Industrial Base Consortium, positioning it as a potential key supplier for critical minerals [37][39].