Southern Cross Gold Consolidated (MWSN.D) 2025 Conference Transcript

Summary of Southern Cross Gold Consolidated Conference Call Company Overview - Company: Southern Cross Gold Consolidated (MWSN.D) - Focus: High-grade gold and antimony exploration in Victoria, Australia - Leadership: Michael Hudson, President and CEO, has extensive experience in mining and has raised over $500 million for mining companies [1][2] Industry Insights - Geological Renaissance: Victoria is experiencing a resurgence in mining due to new geological insights and government support, contrasting with historical perceptions of the region [4][6] - Comparison with Western Australia: Historically, Western Australia has dominated gold production, but Victoria is reclaiming its status with significant discoveries [5][13] Project Highlights - Sunday Creek Project: - High-grade gold and antimony deposit with a recoverable value where antimony constitutes about 20% [6][28] - Ongoing drilling program with plans to increase from 9 to 22 rigs over the next year [5][6] - Exploration target upgraded to 2.2 to 3.2 million ounces at grades between 8.3 and 10.6 grams gold equivalent [17][18] Financial Metrics - Funding: The company is well-funded with $165 million allocated for a 200-kilometer drill program [7][21] - Shareholder Composition: 30% of shares held by ultra-high net worth individuals and 25% by institutions, indicating strong investor confidence [8][10] Strategic Plans - Pathway to Production: The company is focused on de-risking the project through permitting and drilling, with a decline planned to expedite drilling [22][30] - Regional Exploration: $20 million allocated for regional exploration to enhance resource value [23] Market Position - Unique Asset: The combination of high-grade gold and significant antimony content positions the project as a rare asset in a tier-one jurisdiction [29][30] - Government Support: Victoria has permitted four mines in the last six months, showcasing a favorable regulatory environment for mining [19][20] Technical Aspects - Metallurgy: The project features a simple flow sheet with over 80% free gold, producing a marketable antimony-gold concentrate [27][28] - Drilling Success: Recent drilling has shown increasing grades and widths, with a median width of over 2 meters for mineralized structures [25][24] Conclusion - Investment Opportunity: Southern Cross Gold Consolidated presents a compelling investment case with a strong management team, supportive shareholders, and a clear pathway to production in a revitalized mining jurisdiction [30]