Australia's Southern Cross Gold rises on gold find in Victoria

Golden Cross Resources

17/10/2022 04:39

** Shares of Southern Cross Gold Ltd  SXG.AX  jump as much
as 11.67% to A$0.335, their biggest intraday pct gain since Oct.
5
    ** The precious and base metals explorer reports "extremely
high-grade" gold intersections at the Sunday Creek Project in
Victoria 
    ** Says drilling has not been impacted by the recent rain
event in the region 
    ** Shares at their highest since Oct. 6 
    ** Stock has risen 46.34% since debut on May 16 till last
close
 (Reporting by Echha Jain in Bengaluru)
 ((Echha.jain@thomsonreuters.com))