Southern Cross Gold Consolidated (ASX:SX2) said drilling at its Sunday Creek Gold-Antimony project in Victoria confirmed an extension to known mineralization and the project's ability to deliver "spectacular" individual high-grade gold hits, according to a Thursday filing with the Australian bourse.
Results yielded 168 meters at 3 grams per tonne gold equivalent, the filing said.
Shares of the company rose 6% in recent Thursday trade.