Announcement Date: 2022-08-09
Announcement Type: Drilling Results
Announcement Code: JORC
Company name: Southern Cross Gold Ltd.
Project name: Sunday Creek
Location: Australia
Commodities: Gold,Antimony
Highlight: Drilling results incl. 42m @ 3.5g/t Au, 0.8% Sb from 166m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Melbourne, Australia — Southern Cross Gold Ltd (“SXG” or the “Company”) (ASX:SXG) is pleased to confirm wide and high-grade gold-antimony mineralisation has been intersected in two drill holes (SDDSC038-39) over a 100 m distance, above and below drillhole SDDSC033 at the 100%-owned Sunday Creek Project in Victoria. These holes demonstrate wide and continuous zones of gold-antimony mineralisation over 100 m in the Apollo shoot with wide zones of mineralisation and more than a dozen high-grade intersections grading up to 130.0 g/t Au and 25.1% Sb with abundant visible gold (Photos 1- 3). With 13,500 metres at Sunday Creek in less than two years the Company considers Sunday Creek to have the potential to be a truly significant exploration discovery in Victoria with fifteen (15) >100 cumulative grade x metres (“AuEq g/t x m”) holes now intersected. The two new drill holes (SDDSC038-39) form the 2nd and 4 th best drill holes, after SDDSC033, to be drilled to date at Sunday Creek based on AuEq g/t x m. The 3rd best hole (MDDSC025 11.7 m @ 18.0 g/t AuEq) lies 200 m below SDDSC033 showing the scale of the developing system. Mineralisation remains open at depth and along strike.
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