Vancouver, British Columbia and Melbourne, Australia — February 18, 2026 — Leads & Copy — Southern Cross Gold Consolidated Ltd (TSX: SXGC) (ASX: SX2) (OTCQX: SXGCF) (FSE: MV3) has announced results from four drillholes at its 100%-owned Sunday Creek Gold-Antimony Project in Victoria. The best results included 1.8 meters at 80.5 g/t AuEq (79.9 g/t Au, 0.2% Sb) in drillhole SDDSC208.
The company reported that the true thickness of the mineralized intervals is interpreted to be approximately 55% to 70% of the sampled thickness for other reported holes.
According to Southern Cross Gold Consolidated, the Golden Dyke discovery has doubled in size, as SDDSC208 extends Golden Dyke 200 meters west towards Christina, intersecting 16 vein sets including 10 previously unrecognized vein sets outside the current exploration target. This immediately doubles the Golden Dyke prospective area and confirms a more connected mineralized system than previously interpreted. The company stated that with only 650 meters of the 1,550 meter known strike intensively drill tested, Sunday Creek remains in the early stages of defining its full scale.
The high-grade profile was reinforced, as SDDSC208 returned 1.8 meters at 80.5 g/t AuEq (79.9 g/t Au, 0.2% Sb) from 649.4 meters, with four individual assays exceeding 100 g/t Au, including 309 g/t Au over 0.47 meters. Southern Cross Gold Consolidated said that Sunday Creek now hosts 79 composite intersections exceeding 100 g/t Au, a grade profile that positions the project among the highest-grade gold drill discoveries globally.
The company added that structural architecture was further defined, as SDDSC180, SDDSC191 and SDDSC191W1 intersected corridors of dyke and altered sediment in the hanging wall, providing critical data on structural controls and alteration footprints. These holes improve the geological framework and targeting vectors for follow-up drilling across the Golden Dyke-Christina corridor.
Michael Hudson, President & CEO of Southern Cross Gold Consolidated, stated that SDDSC208 is a significant result for the trajectory of this project, as the hole demonstrates that the system continues to grow with every release. Hudson added that the Golden Dyke prospective area has now doubled, and critically, the ten new vein sets between Golden Dyke and Christina confirm the company is dealing with a larger, more connected system than it had previously defined.
Hudson also noted that Sunday Creek now has 79 composite intersections exceeding 100 g/t Au from 113 km of drilling, and the company has tested less than half of the known 1,550 meter strike, saying that the exploration upside is substantial and systematic. He added that Sunday Creek offers a rare combination of high grade gold dominating and antimony providing strategic value, and that with ten rigs turning and 41 holes in the pipeline, the company is advancing this project methodically toward resource definition and development milestones.
SDDSC208 achieved a 200 meter horizontal step-out extension between Golden Dyke and Christina with an intersection of 1.8 meters at 80.5 g/t AuEq (79.9 g/t Au, 0.2% Sb) from 649.4 meters, including 0.5 meters at 309.1 g/t AuEq (309.0 g/t Au, 0.03% Sb) from 650.8 meters.
Four individual assays exceeded 100 g/t Au, including:
109 g/t Au & 0.27% Sb over 0.44 meters from 565.68 meters
113 g/t Au & 0.01% Sb over 0.31 meters from 644.64 meters
107 g/t Au & 0.02% Sb over 0.1 meters from 644.95 meters
309 g/t Au & 0.03% Sb over 0.47 meters from 650.77 meters
The hole intersected multiple vein sets beyond the current exploration target, expanding the known extent of the mineralized system and continuing to link mineralization from Golden Dyke across to Christina.
Selected highlights include:
5.1 meters at 3.8 g/t AuEq (0.8 g/t Au, 1.2% Sb) from 428.4 meters
8.3 meters at 1.9 g/t AuEq (1.1 g/t Au, 0.4% Sb) from 460.4 meters
3.7 meters at 7.7 g/t AuEq (4.8 g/t Au, 1.2% Sb) from 478.5 meters, including 1.7 meters at 14.3 g/t AuEq (8.2 g/t Au, 2.5% Sb) from 479.0 meters
1.9 meters at 37.2 g/t AuEq (35.9 g/t Au, 0.5% Sb) from 565.7 meters
0.4 meters at 111.6 g/t AuEq (111.5 g/t Au, 0.0% Sb) from 644.6 meters
1.8 meters at 80.5 g/t AuEq (79.9 g/t Au, 0.2% Sb) from 649.4 meters, including 0.5 meters at 309.1 g/t AuEq (309.0 g/t Au, 0.0% Sb) from 650.8 meters
1.3 meters at 14.0 g/t AuEq (14.0 g/t Au, 0.0% Sb) from 831.2 meters
Hanging wall holes SDDSC180, 191 and 191W1 were drilled east to west to test the full width of the dyke and altered sediment package in the Golden Dyke–Christina corridor. Due to faulting within the target zone, all three holes remained predominantly within the hanging wall of the prospective structure rather than traversing through the mineralized sequence into the footwall. While these holes returned only low-grade results, they provided important constraints on the structural architecture and fault geometry that will improve targeting in subsequent programs.
Nine drill rigs are currently operational on the Sunday Creek project with one additional drill rig dedicated to regional exploration. Results are pending from 41 holes currently being processed and analyzed including ten holes that are actively being drilled and one abandoned hole. The Company continues its ongoing 200,000 meter drill program through to Q1 2027.
The Sunday Creek epizonal-style gold project is located 60 km north of Melbourne within 16,900 hectares of granted exploration tenements. Southern Cross Gold Consolidated is also the freehold landholder of 1,392 Ha that forms the key portion in and around the main drilled area at the Sunday Creek Project.
Cumulatively, 243 drill holes for 113,556.61 meters have been reported from Sunday Creek since late 2020. The project now contains a total of seventy-nine (79) composite intersections exceeding 100 g/t Au and sixty-six (66) composite intersections between 50-100 g/t Au, and ninety-seven (97) composite intersections exceeding 10% Sb by applying a 1 meter (down hole length) at 5 g/t AuEq lower cut.
Southern Cross Gold’s systematic drill program is strategically targeting significant vein formations, which are currently defined over 1,550 meters strike of the host dyke/sediment from Christina to Apollo prospects, of which approximately 650 meters has been more intensively drill tested (Golden Dyke to Apollo). Ongoing step-out drilling is aiming to uncover the potential extent of this mineralized system.
Further discussion and analysis of the Sunday Creek project is available through the interactive Vrify 3D animations, presentations and videos all available on the Southern Cross Gold Consolidated website.
Southern Cross Gold Consolidated Ltd. (TSX: SXGC) (ASX: SX2) (OTCQX: SXGCF), is defining a leading gold-antimony project at the Sunday Creek Gold-Antimony Project, located 60 km north of Melbourne. Sunday Creek has is a significant gold and antimony drill discovery in a Tier 1 location, with high-grade drill results including 79 composite intersections exceeding 100 g/t Au from 113.6 km of drilling. The mineralization follows a “Golden Ladder” structure over 12 km of strike length, with structures tested from surface to 1,100 m depth.
Southern Cross’ inclusion in the US Defense Industrial Base Consortium (DIBC) and Australia’s AUKUS-related legislative changes position it as a potential key Western antimony supplier.
With a strong cash position, 1,392 Ha of strategic freehold land ownership, and a large 200 km drill program planned through Q1 2027, Southern Cross Gold Consolidated is well-positioned to advance this globally significant gold-antimony discovery in a tier-one jurisdiction, delivering milestone by milestone.
Source: Southern Cross Gold Consolidated Ltd
