Southern Cross Exploration Nl
ASX:SXX ISIN:AU000000SXX9
The Company has achieved some of these objectives during the year through its operations in the uranium sector in Australia and overseas and by examining a number of exploration projects in various parts of the world.
Southern Cross continues to seek opportunities to participate in exploration for metals and minerals, either in Australia or overseas, where the potential for commercial discoveries appears favourable.
News
Australian resources company GBM Resources (ASX:GBZ) announced it has entered into a Share Acquisition Framework Agreement with state-owned enterprise Jiangxi Centre Mining Co Ltd (JCM), an entity owned by Jiangxi Provincial Bureau of Coal Geology, formalising an investment in GBM for strategic investment and partnership.
Energy Metals (ASX:EME)(PINK:EYMTF), as manager of the Bigrlyi Joint Venture, is pleased to announce the results of an in-house Updated Scoping Study recently completed at the Bigrlyi Uranium and Vanadium Project in the Northern Territory.
Crossland Uranium Mines Ltd ASX:CUX) is pleased to advise that Crosscontinental Uranium Ltd (XCO), an unlisted company incorporated in Canada and owned 50% by Crossland, and 50% by Pancontinental Uranium Corp (CVE:PUC) has signed a Joint Venture Agreement with Southern Cross Exploration NL (ASX:SXX) and Longreach Oil Ltd (ASX:LGO) regarding the Oursi Project in Burkina Faso. SXX (and LGO indirectly) hold two granted permits for uranium exploration: "Tin Dioulaf" No 07-205 and "Agalsa" No 07-209 located in north eastern Burkina Faso.
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