Southern Cross Gold Drills More Big Gold Hits at Sunday Creek

THE DRILL SERGEANT: Southern Cross Gold (ASX: SXG) announced further bonanza grades from the company’s 100 per cent-owned Sunday Creek project in Victoria.

Southern Cross Gold’s latest results come from drill hole SDDSC091 drilled at the Rising Sun prospect, which the company explained has been drilled to target one vein set, RS50, in a NE to SW drill orientation unlike recent west to east drill orientations that had targeted multiple veins.

Results included:

SDDSC091
20 metres (estimated true width 11.6 m) at 63.6 grams per tonne gold equivalent (AuEq) (62.7g/t gold, 0.5 per cent antimony) from 430m, including:
0.4 m at 955.6g/t AuEq (950g/t gold, 3.6 per cent antimony) from 438.4m
0.5m at 1,497.4g/t AuEq (1,490g/t gold, 4.7 per cent antimony) from 438.8m, and
0.6m at 66.5g/t AuEq (65.4g/t gold, 0.7 per cent antimony) from 439.6m.

Southern Cross Gold managing director Michael Hudson said in the company’s ASX announcement.
“Sunday Creek delivers yet again with the second-best individual intersection on the project of 20m at 63.6g/t AuEq (62.7g/t gold, 0.5 per cent antimony) from 430m.

“The hole was significant as it was drilled from the NE to SW to target the RS50 vein set alone, in a scissored orientation to drillholes SDDSC077B and SDDSC082.

“Further drilling continues to highlight the significance of the Sunday Creek discovery, with extremely high grades observed across the project, within multiple veins sets (up to 23 defined to date with more being found), with continuity in individual named vein sets now established over +500m from surface to depth.

“We look forward to seeing the project continue to develop with SXG holding $11.8 million cash as of last quarter, with four drill rigs currently operating and 19 kilometres of drilling planned from now through to April 2024, with many holes still in the laboratory.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE