Business Summary

Southern Cross Gold Ltd is an Australia-based natural resources company, which is engaged in the exploration of precious and base mineral interests. It operates four exploration projects: Sunday Creek, Redcastle, Whroo, and Mt Isa. Sunday Creek Project is a shallow orogenic Fosterville-style deposit located approximately 60 kilometers north of Melbourne and contained within 16,990 hectares of both granted exploration licenses and one granted retention license. The Redcastle Project is located in central Victoria 120 kilometers north of Melbourne, 45 kilometers east of Bendigo and about 20 kilometers northeast of Heathcote. The 14-kilometre long Whroo goldfield is located 130 kilometers north of Melbourne, is one of the epizonal goldfields in Victoria. It is prospective for alluvial gold and hard rock mining. The Company, via its wholly owned subsidiary Mawson Queensland, holds seven exploration prospecting licenses for 861 square kilometer of granted licenses in district of Mt Isa.