Southern Cross Gold hits high-grade gold and antimony in Apollo extensions
Latest assays from Sunday Creek returned up to 130g/t gold and 25.1% antimony.
Junior explorer Southern Cross Gold (ASX: SXG) has extended the strike of mineralisation at its wholly-owned Sunday Creek project in Victoria, intersecting high gold and antimony grades in a step-out hole from the Apollo prospect.
The hole, designed as a 40-metre step-out on the most easterly extensions of Apollo’s drilled area, hit three separate vein sets with higher grade zones.
These included: 10.7m at 4.8 grams per tonne gold equivalent (3.9g/t gold and 0.6% antimony) from 88.5m, including 0.4m at 95g/t from 96.3m; 19.5m at 1.9g/t from 166.5m including 0.3m at 33g/t; and 11.6m at 7.5g/t from 209.4m including 3.4m at 24.8g/t gold equivalent.
From a total of 56 holes drilled for 14,718m by Southern Cross and 62 shallow historic holes for 5,459m, this latest hole brings Sunday Creek’s tally of drill holes with cumulative intersections of more than 100g/t gold equivalent by metre to 21.
Southern Cross managing director Michael Hudson ranked this latest hole as the “seventh best” hole in the project to date.
“This hole increases the strike of the system with a step-out on the most easterly margin of the drill area,” he said.
“As the project becomes more predictable it keeps on delivering extremely high grades across the entire strike, this time up to 73.2g/t gold and 13.8% antimony grade and widths including 11.6m at 6.4g/t gold and 0.7% antimony within three individual mineralised structures.”
More drilling results to come
A second hole, located about 25-30m southeast of the first, was reported by the company as a “near-miss”.
Drilling is continuing with three rigs on site at the Golden Dyke, Rising Sun and Apollo prospects and 14 holes either in progress or being processed at the laboratory.
Sunday Creek project
Southern Cross’ Sunday Creek epizonal-style gold project is located 60km north of Melbourne, Victoria. The project has a 10km mineralised trend that extends beyond the drill area and is defined by historic workings and soil sampling.
Southern Cross’ holes have been drilled below the historic mining areas from the 1880s.
The company has returned some great drilling results in recent months, extending Sunday Creek’s known high-grade mineralisation at depth and hitting a “spectacularly wide” 305.8m intersection grading at 2.4% gold equivalent.