# Pybar awarded exploration decline contract for Sunday Creek

Source Brief: https://evesgoldminers.com/research/source-briefs/southern-cross-gold-consolidated-ltd-2026-05-05-pybar-awarded-exploration-decline-ee701f46
Original source: https://sxg.irmau.com/pdf/2eac7f77-756f-4ccf-a36a-a00c7a80f5f7/Pybar-awarded-exploration-decline-contract-for-Sunday-Creek.pdf?Platform=ListPage
Original published: 2026-05-05
EGM generated: 2026-09-04
Company: Southern Cross Gold Consolidated Ltd (SXGC)

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# Pybar awarded exploration decline contract for Sunday Creek

Source: https://sxg.irmau.com/pdf/2eac7f77-756f-4ccf-a36a-a00c7a80f5f7/Pybar-awarded-exploration-decline-contract-for-Sunday-Creek.pdf?Platform=ListPage
Published: 2026-05-05T00:00:00+00:00
Fetched: 2026-05-12T16:27:31.219+00:00
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# Pybar awarded exploration decline contract for Sunday Creek
NEWS RELEASE
TSX: SXGC | ASX: SX2 | OTCQX: SXGCF
May 05, 2026
PYBAR AWARDED EXPLORATION DECLINE CONTRACT FOR SUNDAY
CREEK
Vancouver, Canada and Melbourne, Australia — Southern Cross Gold Consolidated Ltd (“SXGC”,
“SX2” or the “Company”) (TSX:SXGC) (ASX:SX2) (OTCQX:SXGCF) (Frankfurt: MV3.F) advises that
PYBAR Mining Services Pty Ltd (“PYBAR”), a Thiess company, has been awarded the underground
exploration decline contract for the Company’s Sunday Creek Gold-Antimony Project, 60 kilometres north of
Melbourne, Victoria. The award follows the Resources Victoria Work Plan approval received in November
2025 and Premier Jacinta Allan’s public endorsement of the project as a critical minerals jobs opportunity for
Victoria.
High Level Takeaways:
• Contract Award. PYBAR awarded the underground decline (tunnel) contract at Sunday Creek,
Victoria, following a competitive tender. PYBAR is a part of the Thiess Group.
• Drilling Acceleration. Once completed by year end, the decline will allow the current 11 surface
rigs to be expanded to 24 surface and underground rigs. Sunday Creek will be one of the largest
pre-development drill-outs globally.
• Scope. Box cut ground support, portal establishment, primary decline and support services
installation, and initial lateral development including diamond drilling platforms over a term of 7
months.
• SXGC Team Build-Out. Shane Leary appointed Projects Manager (Operations); Ben Edwards
appointed Underground Development Manager. Both report to the Chief Operating Officer.
• Future. The new team members and drilling acceleration provide for the ongoing development of
a project we believe has the potential to become a significant Allied supplier of antimony and gold.
Michael Hudson, President & CEO states: "The Allan Labor Government approved our exploration decline
on 27 November 2025. In the five months since, we have been establishing the surface infrastructure and
secured the secondary consents required to commence underground mining. With these in place, we are
pleased to confirm the award of the decline contract to PYBAR.
"The decline is fundamentally about accelerating drilling. Underground platforms 115 metres beneath surface
scale us from the 11 surface rigs operating today to 24 rigs working concurrently from underground positions,
positioning Sunday Creek as one of the largest pre-development drill-outs globally.
"With the PYBAR contract awarded, and Shane Leary and Ben Edwards onboard, we have the contractor
and the operational leadership in place to look forward to year-end decline completion and significant
increased drilling capacity for this exciting gold and antimony discovery."
Decline Scope and Drilling Acceleration
The contract covers primary and secondary ground support installation of the box cut, portal establishment
and primary decline development together with associated services and infrastructure, and initial lateral
Mariana Bermudez – Corporate Secretary
SOUTHERN CROSS GOLD CONSOLIDATED LTD +1 604 685 9316 mbermudez@chasemgt.com
TSX: SXGC | ASX: SX2 | OTCQX: SXGCF 1305 – 1090 West Georgia Street Vancouver, BC, V6E 3V7, Canada
www.southerncrossgold.com Nicholas Mead – Corporate Development
+61 415 153 122 info@southerncrossgold.com.au
Level 21, 459 Collins Street, Melbourne, VIC, 3000, Australia
NEWS RELEASE
development. Scope includes a box cut of approximately 15 metres depth, a primary 5.5 m wide x 6 m high
decline of approximately 680 metres reaching a vertical depth of approximately 115 metres, and 1,200 metres
of lateral development to establish the initial drilling platforms (Figure 3). The initial term is 7 months. PYBAR
was selected following a competitive tender process assessing technical capability, safety record, delivery
schedule and price.
The decline is being built primarily to accelerate drilling. Establishing underground drill platforms unlocks the
scale-up from the 11 surface rigs operating today to 24 rigs working concurrently, positioning Sunday Creek
as one of the largest pre-development drill-outs globally. Underground drilling delivers shorter, more accurate
holes into mineralization, and materially improves productivity per metre.
Team build-out for the underground phase
In parallel with the PYBAR award, SXGC has appointed two senior operational leaders, both reporting to the
Chief Operating Officer. The appointments build out the team necessary to take Sunday Creek from
exploration into underground development.
Shane Leary — Projects Manager. Shane brings 25+ years of project management, civil construction and
mine development experience. He joins from Terrequip Pty Ltd, where he led the Beechworth mine-to-quarry
transition and restart, and is the founder/director of consultancy DAS Mining Solutions. Recent senior roles
include Program Lead/Project Manager — Operational Mining Systems at BHP’s West Musgrave copper-
nickel project. Shane will coordinate surface works delivery across civil, electrical and structural scopes
through the pre-development phase, including roads, power, water, buildings and site infrastructure.
Ben Edwards — Underground Development Manager. Ben joins SXGC from BHP’s Carrapateena
underground copper mine in South Australia, where he was most recently Superintendent Development, and
previously held Superintendent roles in Mine Projects and the Site Operations Centre. He brings 15+ years
of underground mining and operational leadership, including more than two years underground and three
years leading mining operations teams. At Sunday Creek, Ben will plan, coordinate and oversee underground
development and production.
Figure 1. Box cut earthworks, 30 April 2026. Figure 2. 17 megalitre water dam preparation looking
east, note excavator for scale 30 April 2026.
Further Information
Further discussion and analysis of the Sunday Creek project is available through the interactive Vrify 3D
animations, presentations and videos all available on the SXGC website. These data, along with an interview
on these results with President & CEO/Managing Director Michael Hudson can be viewed at2
NEWS RELEASE
www.southerncrossgold.com.
Critical Metal Epizonal Gold-Antimony Deposits
Sunday Creek (Figure 4) is an epizonal gold-antimony deposit formed in the late Devonian (like Fosterville,
Costerfield and Redcastle), 60 million years later than mesozonal gold systems formed in Victoria (for
example Ballarat and Bendigo). Epizonal deposits are a form of orogenic gold deposit classified according to
their depth of formation: epizonal (<6 km), mesozonal (6 km to 12 km) and hypozonal (>12 km).
Epizonal deposits in Victoria often have associated high levels of the critical metal, antimony, and Sunday
Creek is no exception. China claims a 56 per cent share of global mined supplies of antimony, according to
a 2023 European Union study. Antimony features highly on the critical minerals lists of many countries
including Australia, the United States of America, Canada, Japan and the European Union. Australia ranks
seventh for antimony production despite all production coming from a single mine at Costerfield in Victoria,
located nearby to all SXGC projects. Antimony alloys with lead and tin which results in improved properties
for solders, munitions, bearings and batteries. Antimony is a prominent additive for halogen-containing flame
retardants. Adequate supplies of antimony are critical to the world's energy transition, and to the high-tech
industry, especially the semi-conductor and defence sectors where it is a critical additive to primers in
munitions.
Antimony represents approximately 21% to 24% in situ recoverable value of Sunday Creek at an AuEq of
2.39 ratio.
About Southern Cross Gold Consolidated Limited (TSX:SXGC) (ASX:SX2) (OTCQX:SXGCF)
(Frankfurt: MV3.F)
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 is a significant gold and antimony drill discovery in a Tier 1 location, with high-grade drill results
including 85 composite intersections exceeding 100 g/t Au from 119.6 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.
Sunday Creek's strategic value is enhanced by its dual-metal profile. The Company has a critical mineral the
Western world needs. This has gained increased significance following China's export restrictions on
antimony, a critical metal for defence and semiconductor applications. 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.
Technical fundamentals further strengthen the investment case, with preliminary metallurgical work showing
non-refractory mineralization suitable for conventional processing and gold recoveries of 93% to 98% through
gravity and flotation.
With a strong cash position, 1,392 Ha of strategic freehold land ownership, and a large 200 km drill program
planned through Q1 2027, SXGC is well-positioned to advance this globally significant gold-antimony
discovery in a tier-one jurisdiction, delivering milestone by milestone.
- Ends -
For ASX Compliance: This announcement has been approved for release by the Board of Southern Cross
Gold Consolidated Ltd.
For further information, please contact:
Mariana Bermudez – Corporate Secretary
mb@southerncrossgold.com or +1 604 685 9316
Executive Office
1305 – 1090 West Georgia Street Vancouver, BC, V6E 3V7, Canada
3
NEWS RELEASE
Nicholas Mead – Corporate Development
info@southerncrossgold.com.au or +61 415 153 122
Justin Mouchacca, Assistant Company Secretary,
jm@southerncrossgold.com.au or +61 3 8630 3321
Subsidiary Office
Level 21, 459 Collins Street, Melbourne, VIC, 3000, Australia
Forward-Looking Statement
This news release contains forward-looking statements. Forward-looking statements involve known and unknown risks,
uncertainties and assumptions and accordingly, actual results and future events could differ materially from those expressed or
implied in such statements. You are hence cautioned not to place undue reliance on forward-looking statements. All statements
other than statements of present or historical fact are forward-looking statements. Forward-looking statements include words or
expressions such as “proposed”, “will”, “subject to”, “near future”, “in the event”, “would”, “expect”, “prepared to” and other similar
words or expressions. Factors that could cause future results or events to differ materially from current expectations expressed or
implied by the forward-looking statements include general business, economic, competitive, political, social uncertainties; the state
of capital markets, unforeseen events, developments, or factors causing any of the expectations, assumptions, and other factors
ultimately being inaccurate or irrelevant; and other risks described in the Company’s documents filed with Canadian or Australian
(under code SX2) securities regulatory authorities. You can find further information with respect to these and other risks in filings
made by the Company with the securities regulatory authorities in Canada or Australia (under code SX2), as applicable, and
available for the Company in Canada at www.sedarplus.ca or in Australia at www.asx.com.au (under code SX2). Documents are
also available at www.southerncrossgold.com The Company disclaims any obligati

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