Summary of Southern Cross Gold Consolidated Conference Call (July 23, 2025) Company Overview - Southern Cross Gold Consolidated is a dual-listed company on the TSX and ASX, focusing on gold and antimony mining in Victoria, Australia [2][3]. Industry Insights - The company emphasizes the scarcity of high-grade gold deposits in tier one jurisdictions, highlighting that multimillion-ounce deposits with 10 grams per ton are rare [3]. - Antimony, constituting 20% of the company's production mix, is noted as a critical metal essential for defense and munitions industries [4]. Key Discoveries and Projects - The Sunday Creek discovery in Victoria is highlighted as a significant find, with potential for high cash flows and exploration upside [3][5]. - The company has a large exploration program targeting 95% of the area that remains unexplored, with a recent capital raise of $170 million to support these efforts [5][10]. Permitting and Regulatory Environment - Victoria is presented as the best jurisdiction in Australia for mine permitting, with four mines permitted in the last six months, indicating a favorable regulatory environment [6][28]. - The company is optimistic about the permitting process, citing recent successes in the region [28][29]. Geological Insights - The geological understanding of Victoria has improved significantly in recent years, leading to new discoveries like Fosterville, which was the highest-grade gold mine for several years [7][8]. - The company is utilizing advanced geological knowledge to explore and delineate its deposits effectively [8][12]. Exploration and Drilling Plans - A 200-kilometer drill program is currently underway, with plans to increase the number of drill rigs from eight to potentially 22 in the near future [12][14]. - The company aims to expedite drilling through a decline that will allow for continuous operation and reduce environmental risks [14][25]. Financial Position and Shareholder Support - The company has a strong financial position with $170 million in cash, supported by notable shareholders including Pierre Lassonde, a prominent figure in the gold investment space [10][11]. - The focus on value creation per share drives strategic decisions within the company [29]. Exploration Targets - Current exploration targets estimate between 2.2 to 3.2 million ounces of gold equivalent at grades of 8.6 to 10.6 grams per ton [20]. - The company is optimistic about expanding these targets as exploration continues [21]. Conclusion - Southern Cross Gold Consolidated is positioned in a favorable jurisdiction with a rare multimillion-ounce discovery, a robust exploration plan, and strong financial backing, making it a compelling opportunity in the gold mining sector [29].