Announcement Date: 2022-11-21
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. 305.8m at 1.6g/t Au, 0.5% Sb from 319.2m
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) announces another spectacularly wide intersection of gold-antimony mineralisation grading 305.8 m @ 2.4 g/t AuEq (1.6 g/t Au, 0.5% Sb) from 319.2 m in drill hole SDDSC050 at the 100%-owned Sunday Creek Project in Victoria. Only 67% of SDDSC050 has been assayed so far, with assays reported from 0 m to 651 m downhole, with the hole completed at 923.7 m. The hole is the deepest hole on the project by 404.5 m (previous deepest hole was MDDSC026 at 519.2 m). To date within the 305.8 m intersection, the drill hole has intersected 12 high-grade intersections >20 g/t Au, including 5 high-grade intersections >100 g/t Au with assays up to 181.0 g/t Au and 9.7% Sb (196.3 g/t AuEq) with multiple visible gold intersections (Photos 1-4). The Sunday Creek epizonal-style gold project is located 60 km north of Melbourne within 19,365 hectares of granted exploration tenements. SXG is also the freehold landholder of 132.64 hectares that forms the key portion in and around the drilled area at the Sunday Creek Project. Drill hole SDDSC050, was originally designed to test under the Rising Sun shoot (from 319.2 – 349.0 m), however the hole continued in mineralisation to test a never before drilled area between Rising Sun and Apollo. With only 67% of the hole
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