Southern Cross Drills High-Grade Gold at Christina: A Game Changer for Sunday Creek
Generado por agente de IATheodore Quinn
miércoles, 29 de enero de 2025, 7:01 pm ET1 min de lectura
APO--

Southern Cross Gold Ltd. (ASX: SXG) has made a significant discovery at its Sunday Creek Gold-Antimony Project in Victoria, Australia, with high-grade gold intersections drilled at the historic Christina mine. The company announced that it has expanded the known strike length of mineralization by 19% to 1,350 meters, with the Christina prospect becoming the fourth high-grade gold-antimony prospect located west of Apollo, Rising Sun, and Golden Dyke.
The seventh best intersection on the project was recorded at Christina, with 1.7 meters at 250.8 grams per tonne (g/t) gold and 1.7% antimony (Sb) from 208.2 meters. This result is comparable to previous drill results at Sunday Creek, such as SDDSC107, SDDSC077B, SDDSC091, and SDDSC145, which have also intersected high-grade gold-antimony mineralization at various locations along the 1,350-meter strike length.
The discovery at Christina further supports the potential for significant mineral inventory growth at the Sunday Creek project. The high-grade nature of the intersection, along with the potential for additional discoveries, could enhance the project's economics and increase its overall value. The ongoing exploration program at Sunday Creek, which includes 60 km of diamond drilling planned over the next year, will continue to build on these positive results and further enhance the mineral resource estimate for the project.
Southern Cross Gold's strong cash position allows it to aggressively pursue exploration work while advancing its exploration upside with ongoing IP geophysics testing along the 11 km strike at Sunday Creek. With 16 holes currently being processed and analysed, and an additional five holes in progress, the company is well-positioned to provide further drill results and updates as it continues to unlock value for shareholders from this exceptional project.
In conclusion, the high-grade gold intersection drilled at the Christina prospect at Sunday Creek represents a significant discovery for Southern Cross Gold. The expansion of the known strike length and the consistency of high-grade mineralization along the 1,350-meter strike length suggest a strong potential for additional discoveries and enhanced project economics. As the company continues its exploration efforts, investors should closely monitor the progress at Sunday Creek, as it could lead to significant value creation for shareholders.
ASX--

Southern Cross Gold Ltd. (ASX: SXG) has made a significant discovery at its Sunday Creek Gold-Antimony Project in Victoria, Australia, with high-grade gold intersections drilled at the historic Christina mine. The company announced that it has expanded the known strike length of mineralization by 19% to 1,350 meters, with the Christina prospect becoming the fourth high-grade gold-antimony prospect located west of Apollo, Rising Sun, and Golden Dyke.
The seventh best intersection on the project was recorded at Christina, with 1.7 meters at 250.8 grams per tonne (g/t) gold and 1.7% antimony (Sb) from 208.2 meters. This result is comparable to previous drill results at Sunday Creek, such as SDDSC107, SDDSC077B, SDDSC091, and SDDSC145, which have also intersected high-grade gold-antimony mineralization at various locations along the 1,350-meter strike length.
The discovery at Christina further supports the potential for significant mineral inventory growth at the Sunday Creek project. The high-grade nature of the intersection, along with the potential for additional discoveries, could enhance the project's economics and increase its overall value. The ongoing exploration program at Sunday Creek, which includes 60 km of diamond drilling planned over the next year, will continue to build on these positive results and further enhance the mineral resource estimate for the project.
Southern Cross Gold's strong cash position allows it to aggressively pursue exploration work while advancing its exploration upside with ongoing IP geophysics testing along the 11 km strike at Sunday Creek. With 16 holes currently being processed and analysed, and an additional five holes in progress, the company is well-positioned to provide further drill results and updates as it continues to unlock value for shareholders from this exceptional project.
In conclusion, the high-grade gold intersection drilled at the Christina prospect at Sunday Creek represents a significant discovery for Southern Cross Gold. The expansion of the known strike length and the consistency of high-grade mineralization along the 1,350-meter strike length suggest a strong potential for additional discoveries and enhanced project economics. As the company continues its exploration efforts, investors should closely monitor the progress at Sunday Creek, as it could lead to significant value creation for shareholders.
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