Announcement • Jul 07
Southern Cross Gold Consolidated Ltd Reports Results from Six Drill Holes Targeting Upper Portion of Golden Dyke Prospect At Sunday Creek Gold-Antimony Project
Southern Cross Gold Consolidated Ltd. announced results from six drill holes targeting the upper portion of the Golden Dyke prospect at the 100%-owned Sunday Creek Gold-Antimony Project in Victoria. Results confirm that antimony-rich areas in the upper parts of The Sunday Creek epizonal system, consistent with the well-established geological zonation of epizonal gold-antimony deposits worldwide. Best results included 7.9 m at 19.9 g/t AuEq (2.8 g/t Au, 7.1% Sb) from 363.1 m in drill hole SDDSC233. The true thickness of the mineralized intervals is interpreted to be approximately 75% to 85% of the sampled thickness for all reported holes. Four new vein sets were identified across three holes, with SDDSC224 extending the GD35 vein set 170 m up-dip from SDDSC208, and SDDSC228 intersecting eight vein sets including two previously unrecognised structures outside the current model. All drillholes in this release were drilled as infill holes between existing intercepts and delivered multiple high-grade zones exactly where expected. Individual antimony assays in this release reach up to 47.0% Sb & 20.1 g/t Au over 0.13 m (SDDSC233) and 46.6% Sb & 1.3 g/t Au over 0.13 m (SDDSC228), with 108 composite intersections exceeding 10% Sb across the project. SDDSC233 intersected five vein sets including one new vein set, with five individual Sb assays exceeding 20% Sb and one exceeding 50 g/t Au. SDDSC228 intersected eight vein sets, two previously unrecognised, with two individual Sb assays exceeding 20% Sb and one exceeding 50 g/t Au. SDDSC224 intersected three vein sets plus one high-grade core, extending GD35 170 m up-dip from SDDSC208, with one individual Au assay exceeding 50 g/t. SDDSC219 intersected three known vein sets and intersected one new vein set at 15 m to 30 m up- and down-dip spacing, confirming structural and grade continuity. Project totals to date include 268 drill holes for 129.6 km reported from Sunday Creek since late 2020, 88 composite intersections exceeding 100 g/t Au by applying a 1 m (down hole length) at 5 g/t AuEq lower cut, 108 composite intersections exceeding 10% Sb by applying a 1 m (down hole length) at 5 g/t AuEq lower cut, 69 holes pending results currently being processed and analysed, including eleven holes actively being drilled and three abandoned holes, with eleven drill rigs currently operational on the project, and a 200,000 m drill program continuing through to First Quarter 2027. Selected composite highlights include: 4.8 m at 1.9 g/t AuEq (1.6 g/t Au, 0.1% Sb) from 316.2 m (New vein set), 2.4 m at 4.1 g/t AuEq (1.2 g/t Au, 1.2% Sb) from 324.2 m (GD90 vein set), 2.7 m at 6.1 g/t AuEq (0.6 g/t Au, 2.3% Sb) from 368.0 m (GD80 vein set) including 1.6 m at 8.9 g/t AuEq (0.6 g/t Au, 3.5% Sb) from 368.5 m. SDDSC224 infilled three vein sets and identified one new high-grade core that returned an individual assay exceeding 50 g/t Au: 59.6 g/t Au & 0.10% Sb over 0.54 m from 386.45 m. The hole successfully extended GD35 vein set returning 4.2 m at 1.4 g/t AuEq (0.8 g/t Au, 0.2% Sb) from 407.8 m a 170 m up dip extension of SDDSC208 (1.9 m at 37.2 g/t AuEq (35.9 g/t Au, 0.5% Sb) from 565.7 m). SDDSC228 infilled 8 vein sets, of which 2 were previously not recognised or modelled with one individual assay exceeding 50 g/t Au: 127.0 g/t Au & 5.53% Sb over 0.15 m from 264.91 m. Two individual assays exceeded 20% antimony, highlighting the high antimony presence in the shallow part of the system, including: 46.60% Sb & 1.3 g/t Au over 0.13 m from 246.84 m, 28.60% Sb & 3.5 g/t Au over 0.24 m from 246.97 m. Selected composite highlights include: 0.4 m at 86.2 g/t AuEq (2.7 g/t Au, 34.9% Sb) from 246.8 m (GD110 vein set), 4.7 m at 3.9 g/t AuEq (2.9 g/t Au, 0.4% Sb) from 259.6 m (GD100 vein set) including 0.3 m at 34.0 g/t AuEq (31.7 g/t Au, 1.0% Sb) from 264.0 m, 3.0 m at 7.8 g/t AuEq (6.7 g/t Au, 0.4% Sb) from 264.6 m (GD100 vein set) including 0.5 m at 45.9 g/t AuEq (41.5 g/t Au, 1.8% Sb) from 264.6 m, 8.1 m at 4.2 g/t AuEq (2.1 g/t Au, 0.9% Sb) from 328.3 m (GD85 vein set) including 2.5 m at 8.0 g/t AuEq (3.8 g/t Au, 1.8% Sb) from 329.8 m, 0.2 m at 52.5 g/t AuEq (48.6 g/t Au, 1.6% Sb) from 346.5 m (New vein set), 3.4 m at 4.1 g/t AuEq (3.2 g/t Au, 0.4% Sb) from 350.6 m (GD80 vein set) including 0.9 m at 12.3 g/t AuEq (10.0 g/t Au, 1.0% Sb) from 351.1 m, 1.3 m at 7.9 g/t AuEq (4.7 g/t Au, 1.3% Sb) from 357.6 m (New vein set), 8.3 m at 11.4 g/t AuEq (5.2 g/t Au, 2.6% Sb) from 361.8 m (GD70 vein set) including 3.0 m at 28.7 g/t AuEq (12.2 g/t Au, 6.9% Sb) from 364.7 m. SDDSC233 intersected 5 vein sets, one HG core, of which one vein set was previously not recognised or modelled. One individual assay exceeded 50 g/t Au: 55.8 g/t Au & 9.40% Sb over 0.15 m from 248.55 m. Five individual assays exceeded 20% antimony, highlighting the high antimony presence in the shallow part of the system, including: 27.40% Sb & 9.1 g/t Au over 0.28 m from 369.20 m, 47.00% Sb & 20.1 g/t Au over 0.13 m from 369.64 m, 36.30% Sb & 3.4 g/t Au over 0.32 m from 369.77 m, 22.40% Sb & 0.9 g/t Au over 0.11 m from 370.52 m, 41.20% Sb & 1.7 g/t Au over 0.15 m from 370.85 m. Selected composite highlights include: 1.1 m at 10.9 g/t AuEq (7.9 g/t Au, 1.3% Sb) from 248.6 m (GD100 and HG core) including 0.15 m at 78.3 g/t AuEq (55.8 g/t Au, 9.4% Sb) from 248.6 m, 0.2 m at 45.2 g/t AuEq (43.5 g/t Au, 0.7% Sb) from 256.6 m (New vein set), 0.9 m at 9.2 g/t AuEq (7.1 g/t Au, 0.9% Sb) from 353.0 m (GD65 vein set), 7.9 m at 19.9 g/t AuEq (2.8 g/t Au, 7.1% Sb) from 363.1 m (GD60 vein set) including 2.6 m at 6.5 g/t AuEq (2.6 g/t Au, 1.6% Sb) from 363.1 m, including 3.7 m at 37.5 g/t AuEq (3.5 g/t Au, 14.2% Sb) from 367.3 m, 0.3 m at 45.3 g/t AuEq (40.6 g/t Au, 2.0% Sb) from 378.9 m (GD50 vein set). Eleven drill rigs are currently operational on the Sunday Creek project. Results are pending from 69 holes currently being processed and analyzed including eleven holes that are actively being drilled and three abandoned holes. The Company continues its ongoing 200,000 m drill program through to First Quarter 2027.
