Southern Cross Goldfields Ltd / Ramelius Resources - February 2012 report

Southern Cross Goldfields has a specific focus on the Marda region of Western Australia, where it boasts an acreage position of ~3,000 sq km. Mainly due to a fragmented tenement ownership history, Marda has remained a vastly underexplored gold belt, especially by WA standards. A Feasibility Study is underway to evaluate the commerciality of a standalone gold operation at Marda. The final results are expected in early 2012, and are expected to show a robust operation producing ~30,000 oz p.a. over an initial 5-year life at a cash cost of ~A$800/oz. Download the report for more information…

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