Southern Cross Exploration N.L. is an Australia-based company engaged in the exploration for uranium, gold and other minerals, as well as examining projects for possible acquisition. The Company operates through two segments: Exploration and Other. The Exploration segment is engaged in exploring for metals and other minerals, and primarily for oil, gas and other energy resources, either directly and/or through equity investments in exploration companies. The Other segment predominantly relates to a mortgage investment with a company involved in development of property, and other loans made to related and other companies. The Company has interests in the Batangas Gold Project and the Gold Cross Gold Project in the Philippines, and a uranium project in Tanzania. The Company also has interest in the Bigrlyi Uranium project located in the Ngalia Basin, Northern Territory. In addition, the Company holds interest in Magnesite exploration project in Iran.