Southern Cross Gold Extends Sunday Creek Mineralised Footprint

THE DRILL SERGEANT: Recent drilling by Southern Cross Gold (ASX: SXG) has extended the company’s 100%-owned Sunday Creek project in Victoria.

Southern Cross Gold received assay results from 12 diamond drill from regional drilling located between 4 kilometres and 8km, along a mineralised structure from the main drill area at the Sunday Creek project.

The company said the drilled mineralised footprint at Sunday Creek has now been extended for more than 8km in east-west strike representing an 8-fold increase in the previously drilled host to gold mineralisation, demonstrating the district scale opportunities that exist for the project.

The drilling encountered high-grade gold, with an anomalous and broad (150m) mineralised halo discovered in first drill holes ever drilled outside main drill area.

Highlights include:

SDDLV003
0.5 metres at 15.7 grams per tonne gold from 87m (including visible gold); and

SDDLV004
0.3m at 5.6g/t gold from 73.4m and 0.3m at 19.4g/t gold from 100.7m.

“Drilling has confirmed the presence of the same dyke breccia host and crosscutting high-grade gold-bearing veins as currently being drilled within the main mineralised zone at Sunday Creek,” Southern Cross Gold managing director Michael Hudson said in the company’s ASX announcement.

“The results in this program are commensurate with the very early drilling undertaken in what is now the core drill area at Sunday Creek.

“Excitingly, we have demonstrated an 8-fold extension of the same mineralised structure, with high-grades up to 19.4g/t gold hosted within a broad and extensive host.

“The drill program has proved that the entire 8km trend and beyond at Sunday Creek is highly prospective for future significant gold discoveries.

“Drilling with four rigs continues at the main zone with preliminary visual geological logs of four holes at Rising Sun and one hole from Apollo show multiple zones of mineralisation with visible gold noted in certain restricted zones.

“Assays are pending.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE