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We present new deep ($\sigma\sim6~\mu$Jy) radio images of the HH~124~IRSRadio Cluster at 4.8 and 7.5 GHz. We detect a total of 50 radio sources, mostof them compact. Variability and spectral indices were analyzed in order todetermine the nature of the sources and of their radio emission. A propermotion study was also performed for several of these radio sources using radioobservation previously reported. Our analysis shows that 11 radio sources canbe related with Galactic objects, most of them probably young stars.Interestingly, eight of these sources are in an area less than 1 squarearcminute in size. The importance of such compact clusters resides in that allits members can be observed in a single pointing with most telescopes, and are,therefore, ideal for multi-wavelength studies of variability. Another 4 of thedetected sources are clearly extragalactic. Finally, we propose fromstatistical arguments that from the remaining sources, about 10 are Galactic,but our study does not allow us to identify which of the sources fall in thatspecific category. The relatively large proper motions observed for the sourcesin HH~124~IRS suggest that this region is located at about 400 pc from the Sun.This is significantly smaller than the $\sim$800--900 pc distance usuallyassigned to the nearby open cluster NGC~2264 with which HH~124 is thought to beassociated. However, a reanalysis of the Hipparcos parallaxes for members ofNGC~2264, a convergent point approach, and a kinematic analysis all argue infavor of a distance of order 400 pc for NGC~2264 as well.

Deep VLA Images of the HH 124 IRS Radio Cluster and its Surroundings and a New Determination of the Distance to NGC 2264