Announcement • Jul 29
Southern Cross Gold Consolidated Ltd Reports Results from Five Drill Holes at Sunday Creek Gold-Antimony Project
Southern Cross Gold Consolidated Ltd. announced results from five drill holes at the 100%-owned Sunday Creek Gold-Antimony Project in Victoria, comprising the westernmost sequence of holes reported from the main prospect area to date, close to 300 m west of any previous drilling. Three definition holes tested the upper portion of the Christina prospect and two deep control holes defined the down-dip architecture through Golden Dyke and Rising Sun. SDDSC235 is the westernmost hole released from Christina. The hole remained within prospective dyke and altered sediment for a cumulative 800 m of its 1,405.7 m length, including a zone of mineralization from 282.1 m that returned 481 m @ 0.9 g/t Au (uncut), carrying Christina through into the Golden Dyke corridor before defining the prospective corridor within Rising Sun 1,010 m below surface. The hole returned seven individual assays above 50 g/t Au, up to 496.0 g/t Au, demonstrating that Christina hosts the same scale of mineralized system as Golden Dyke and Rising Sun. Best results include a broad intercept of 8.3 m @ 4.8 g/t AuEq (4.8 g/t Au, 0.0% Sb) from 708.7 m and a high-grade interval of 0.8 m @ 141.0 g/t AuEq (141.0 g/t Au, 0.0% Sb) from 568.9 m, both in SDDSC235. All three definition holes from the new western pad intersected gold within 15 m to 60 m of surface, defining up to three previously unidentified shallow vein sets, including 2.6 m @ 7.5 g/t AuEq from 40.0 m in SDDSC220. Across the five holes, eight individual Au assays exceeded 50 g/t Au and four individual Sb assays exceeded 10% Sb, up to 39.50% Sb over 0.10 m from 91.79 m in SDDSC235. The true thickness of the mineralized intervals is interpreted to be approximately 40% to 90% of the sampled thickness for all reported holes. SDDSC235 - the deepest west to east hole released to date from the Christina prospect, extending through Golden Dyke into the Rising Sun corridor at depth. The hole returned 481 m @ 0.92 g/t AuEq (uncut) (0.87 g/t Au, 0.02% Sb) from 282.1 m, with seven individual assays exceeding 50 g/t Au and one exceeding 35% Sb. 1.6 m @ 21.4 g/t AuEq (21.3 g/t Au, 0.0% Sb) from 246.5 m, including 0.2 m @ 156.5 g/t AuEq (156.0 g/t Au, 0.2% Sb) from 246.5 m. 0.8 m @ 141.0 g/t AuEq (141.0 g/t Au, 0.0% Sb) from 568.9 m. 8.3 m @ 4.8 g/t AuEq (4.8 g/t Au, 0.0% Sb) from 708.7 m (Golden Dyke), including 0.4 m @ 43.2 g/t AuEq (43.2 g/t Au, 0.0% Sb) from 716.7 m. 1.8 m @ 37.2 g/t AuEq (37.2 g/t Au, 0.0% Sb) from 729.5 m (Golden Dyke), including 0.2 m @ 337.0 g/t AuEq (337.0 g/t Au, 0.0% Sb) from 731.1 m. Individual assays included 496 g/t Au, 337 g/t Au, 192.0 g/t Au, 156 g/t Au, 71.5 g/t Au, 51.4 g/t Au, 51.1 g/t Au, and 2.9 g/t Au and 39.5% Sb. SDDSC220 - the first hole drilled from a new western drill pad, confirming shallow high-grade mineralization in previously untested westernmost ground, with one individual assay exceeding 10% Sb. 2.6 m @ 7.5 g/t AuEq (7.5 g/t Au, 0.0% Sb) from 40.0 m, including 1.3 m @ 13.1 g/t AuEq (13.1 g/t Au, 0.0% Sb) from 40.0 m. 0.7 m @ 23.5 g/t AuEq (13.9 g/t Au, 4.0% Sb) from 205.2 m, including 0.2 m @ 72.4 g/t AuEq (42.8 g/t Au, 12.4% Sb) from 205.4 m. Individual assays included 42.8 g/t Au & 12.40% Sb. SDDSC232 - followed up high-grade results from SDDSC137W2, intersecting shallow Christina mineralization before the hole deviated off target and concluded at 516.5 m, short of the planned Golden Dyke intercept, with one individual assay exceeding 50 g/t Au. 1.3 m @ 4.1 g/t AuEq (1.9 g/t Au, 0.9% Sb) from 81.4 m. 0.1 m @ 172.2 g/t AuEq (172.0 g/t Au, 0.1% Sb) from 286.1 m. SDDSC207 - drilled as a control hole sub-perpendicular to the main dyke trend, intersecting the main Christina vein set at depth and confirming high-grade gold mineralization in a hole designed only to test structural position. 0.2 m @ 41.7 g/t AuEq (41.6 g/t Au, 0.0% Sb) from 490.2 m. 2.5 m @ 2.7 g/t AuEq (1.3 g/t Au, 0.6% Sb) from 501.5 m. SDDSC213 - drilled as a deep control hole, confirming a 260 m vertical step-down in the dyke position between 660 m and 740 m below surface, informing the architecture for the subsequent phase of definition drilling. SDDSC235 intersected seven individual assays exceeding 50 g/t Au, highlighting the high-grade nature of the mineralization encountered along the hole: 156.0 g/t Au & 0.19% Sb over 0.21 m from 246.50 m, 192.0 g/t Au & 0.00% Sb over 0.29 m from 552.49 m, 496.0 g/t Au & 0.01% Sb over 0.20 m from 569.32 m, 71.5 g/t Au & 0.00% Sb over 0.16 m from 569.52 m, 51.4 g/t Au & 0.02% Sb over 0.10 m from 684.81 m, 51.1 g/t Au & 0.01% Sb over 0.20 m from 714.80 m, 337.0 g/t Au & 0.01% Sb over 0.20 m from 731.10 m. SDDSC235 returned one individual assay exceeding 35% antimony, again highlighting the high antimony presence in the shallow part of the system: 39.50% Sb & 2.9 g/t Au over 0.10 m from 91.79 m. Selected composite highlights from Christina include: 4.7 m @ 4.9 g/t AuEq (1.2 g/t Au, 1.5% Sb) from 90.4 m, 2.9 m @ 6.1 g/t AuEq (2.4 g/t Au, 1.5% Sb) from 108.8 m, including 0.9 m @ 16.7 g/t AuEq (6.0 g/t Au, 4.5% Sb) from 110.8 m, 1.6 m @ 21.4 g/t AuEq (21.3 g/t Au, 0.0% Sb) from 246.5 m, including 0.2 m @ 156.5 g/t AuEq (156.0 g/t Au, 0.2% Sb) from 246.5 m, 2.8 m @ 4.3 g/t AuEq (2.3 g/t Au, 0.8% Sb) from 286.2 m, 2.1 m @ 28.2 g/t AuEq (28.2 g/t Au, 0.0% Sb) from 550.7 m, including 0.3 m @ 192.0 g/t AuEq (192.0 g/t Au, 0.0% Sb) from 552.5 m, 0.8 m @ 141.0 g/t AuEq (141.0 g/t Au, 0.0% Sb) from 568.9 m. With selected composite highlights extending into the Golden Dyke corridor: 0.4 m @ 36.3 g/t AuEq (36.3 g/t Au, 0.0% Sb) from 604.8 m, 8.3 m @ 4.8 g/t AuEq (4.8 g/t Au, 0.0% Sb) from 708.7 m, including 0.4 m @ 43.2 g/t AuEq (43.2 g/t Au, 0.0% Sb) from 716.7 m, 1.8 m @ 37.2 g/t AuEq (37.2 g/t Au, 0.0% Sb) from 729.5 m, including 0.2 m @ 337.0 g/t AuEq (337.0 g/t Au, 0.0% Sb) from 731.1 m. Eleven drill rigs are currently operational on the Sunday Creek project. Results are pending from 68 holes currently being processed and analyzed including eleven holes that are actively being drilled and three abandoned holes. The Company's 200,000 m drill program continues through to First Quarter 2027. The Sunday Creek epizonal-style gold project is located 60 km north of Melbourne within 16,900 hectares of granted exploration tenements. SXGC is also the freehold landholder of 1,392 hectares that forms the key portion in and around the main drilled area at the Sunday Creek Project. Gold and antimony form in a relay of vein sets that cut across a steeply dipping zone of intensely altered rocks.
