Southern Cross Gold Ltd

The Board of Directors of Southern Cross Goldfields Limited (ASX:SXG), is pleased to announce that all outstanding litigation matters that the Company and its subsidiaries are a party to have now been concluded.

Southern Cross Goldfields Limited (ASX:SXG) provides the quarterly report for the period ending 31 March 2014

Southern Cross Goldfields Ltd (ASX:SXG) is pleased to announce that its A$7.0M outstanding debt facility with RMB Australia Holdings Ltd ("RMB"), which was due for repayment in March 2014, has been reduced by A$2.0M and extended to September 2014 on the terms summarised below.

The merger with Polymetals Mining Limited was completed on 20 August 2013 forming a new gold and base metal company with assets in Western Australia and New South Wales and a pipeline of projects spanning near term production, development, scoping study and exploration, refer Note 7 of the Half Year financial report for details

Southern Cross Goldfields Limited (ASX:SXG) announce the Quarterly Activities Report to 31 December 2013 with the following highlights.

Southern Cross Goldfields Ltd (ASX:SXG) ("SXG" or "the Company") announced the start of a program to rationalise its portfolio of assets with the aim of prioritising its capital. The rationalisation encompasses ceasing involvement in various earn-in agreements as well as seeking expressions of interest for certain non-core assets. PCF Capital Group has been mandated to coordinate the process of soliciting expressions of interest.

On 10 December 2013, Southern Cross Goldfields (ASX:SXG) released an announcement relating to the recent revision of its feasibility study for the Marda Gold Project located in Western Australia. Further to that announcement the Company wishes to provide the following additional information.

Southern Cross Goldfields (ASX:SXG) has completed a revision of its feasibility study for the Marda Gold Project located in Western Australia. This indicates the potential to generate significant returns based on current Reserves.

Southern Cross Goldfields Limited (ASX:SXG) is pleased to provide an update on funding discussions for its 100%-owned Marda Gold Project, located 450km north-east of Perth in Western Australia, following recent significant enhancements to the Project.

Asian Activities Report for July 21, 2011 includes: Zenith Minerals Limited (ASX:ZNC) announced an increased Exploration Target for the Mount Alexander West Prospect; Winmar Resources Limited (ASX:WFE) resource base increases 70%; Southern Cross Goldfields Limited (ASX:SXG) reported a series of thick, near-surface high-grade intersections at the Python gold deposit; Cullen Resources Limited (ASX:CUL) has commenced a 5,000 - 10,000m RC drilling programme on its Canning Basin Coal tenements; Gammon Infrastructure Projects Limited (BOM:532959) has achieved financial closure of the Paradip Iron Ore Terminal Project.