Southern Cross Gold Drills Sunday Creek Gold Extension
THE DRILL SERGEANT: Southern Cross Gold (ASX: SXG) reported on recent drilling activity between the historic Golden Dyke and Christina mining areas at the company’s 100 per cent-owned Sunday Creek project in Victoria.
Southern Cross Gold announced an encounter with further high-grade mineralisation and two new vein sets from four drill holes undertaken between the targets, from which it has claimed high-grade mineralisation was discovered 250 metres west of previous drilling, representing a 29 per cent increase in the known strike length.
Highlights include:
SDDSC086 (150m west of previous drilling):
2.8 metres at 7.4 grams per tonne gold equivalent (AuEq) (4.4g/t gold, 1.9 per cent antimony) from 252.7m, including 0.5m at 38.4g/t AuEq (22.1g/t Au, 10.3% Sb) from 252.7m, and
3.1m at 21.3g/t AuEq (20.6g/t Au, 0.4% Sb) from 266.5 m, including 1.8m at 35.3g/t AuEq (34.5g/t Au, 0.5% Sb) from 266.5m; and
SDDSC090 (250m west of previous drilling):
9.8m at 4.6g/t AuEq (4g/t Au, 0.4% Sb) from 346.9m, including 2.2m at 12.7g/t AuEq (11g/t Au, 1.1% Sb) from 347.6m.
“With three of four drill rigs operating within the main areas of Rising Sun and Apollo, these holes were drilled in the opposite direction to the west to see if mineralisation extended towards Christina,” Southern Cross Gold managing director Michael Hudson said in the company’s ASX announcement.
“We have had immediate success, delivering on SXG’s strategy to demonstrate grade, volume and scale at Sunday Creek.
“Firstly, we have extended the drilled mineralised footprint of the main zone from 850 metres to 1,100 metres along strike.
“Secondly, we intersected two new veins sets hitting 3.1 metres at 20.6 grams per tonne gold (SDDSC086) and 9.8 metres at 4 grams per tonne gold (SDDSC090).
“With only four holes drilled, most of the mineralised host in this area remains untested.
“Thirdly, we intersected high-grades, including 1.8 metres at 34.5 grams per tonne gold (SDDSC086) and 0.4 metres at 42.6 grams per tonne gold (SDDSC090) within broader 3 metres to 10 metres wide vein sets.
“Finally, these results show the potential for multiple repeats and extensions of veins sets at depth in undrilled areas from the most westerly drilling at Rising Sun (SDDSC082) to Christina within 700 metres of undrilled strike potential.
“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 25 defined to date) and more being continuously found.
“With the host extending eight kilometres in length from the Christina to the regional Leviathan/Tonstal prospects we are only scratching the surface of the opportunities that await at Sunday Creek.”
TO READ THE FULL ANNOUNCEMENT: CLICK HERE