Southern Cross Gold (ASX:SXG) will acquire the remaining 30% interest in the Redcastle gold-antimony joint venture with Nagambie Resources (ASX:NAG) for AU$250,000, according to an Oct. 25 filing with the Australian bourse.

Once the deal is complete, Redcastle no longer needs to pay the 1.5% net smelter royalty granted to Nagambie, the filing said.

The Redcastle joint venture tenements are located in Victoria's Goldfields.