Southern Cross Gold acquires 30% interest, royalties, and full ownership of Redcastle gold-antimony project from Nagambie for $250k.

Southern Cross Gold Ltd. (SXG) has acquired a 30% interest and royalty from Nagambie Resources Limited (NAG) in the Redcastle gold-antimony project for $250,000, granting SXG full ownership and control. Located in Victoria's Goldfields, the project has a rich gold production history dating back to the 1850s and features 17 km of undrilled reef systems. This acquisition concludes the joint venture and eliminates any royalty payment obligations.

5 months ago
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