Southern Cross discovers another gold zone at Sunday Creek during step out drilling
Southern Cross Gold has struck high-grade gold and antimony over a wide zone measuring over 119 metres at its Victorian project.
Another gold zone has been discovered during step out drilling at Southern Cross Gold’s (ASX: SXG) Sunday Creek project in Victoria.
Drilling below old workings at the Golden Dyke target unearthed 48.9m at 3 grams per tonne gold equivalent (2g/t gold and 0.64% antimony) from 182m.
The 48.9m intercept contained numerous higher grade intervals of 1.4m at 6.8g/t gold equivalent (0.3g/t gold and 4.09% antimony) from 195.8m, including 0.4m at 22.97g/t gold equivalent (0.7g/t gold and 14.10% antimony) from 195.8m, 13.7m at 9.4g/t gold equivalent (6.6g/t gold and 1.79% antimony) from 201.3m, and 2.3m at 27.9g/t gold equivalent (24.7g/t gold and 2.01% antimony) from 211m.
A hole was drilled 30m east of the 48.9m intercept and this returned 10.2m at 0.9g/t gold equivalent (0.9g/t gold and 0.01% antimony) from 192.8m, including 0.3m at 5.1g/t gold equivalent (5.1g/t gold and 0.02% antimony) from 197.8m.
‘Beating expectations’
Southern Cross managing director Michael Hudson noted the company has tripled the extent of high-grade zones drilled at Sunday Creek over the last two weeks.
He said 10 drill holes at the project now exceed the 100g/t by metre gold equivalent threshold – describing it as an “exceptional hit rate”.
“Sunday Creek keeps on beating expectations with high-grade mineralisation now identified in our first drilling under the most productive historic mine on the project at Golden Dyke.”
Mr Hudson said three high-grade areas had now been uncovered over 700m of strike across Golden Dyke, Rising Sun and Apollo.
“We are witnessing the unveiling of a significant mineral system that keeps on delivering grade, scale and width in spades.”
A highlight drill result 210m east of the 48.9m intercept at Rising Sun was 21.5m at 15g/t gold equivalent (12.2g/t gold and 1.7% antimony).
Meanwhile, at Apollo, which is 550m east of the 48.9m intercept, a notable drill result was 119.2m at 3.9g/t gold equivalent (3.2g/t gold and 0.4% antimony).
Drilling continues
Drilling is continuing at Sunday Creek with two rigs at the Apollo and Rising Sun targets.
With the latest broad and high-grade hit at Golden Dyke, Southern Cross will now prioritise the target for further drilling.