XTC Lithium Limited (ASX:XTC) has announced the results from a recent auger drilling program completed across E77/2367 in its Southern Cross tenement package. The program targeted primarily gold and delineated multiple gold trends with assays returned up to 969.5ppb Au from UltraFines analysis. Additionally, multiple lithium readings +50ppm over greenstone terrane proximal to granites were observed.
The targeted auger drilling program has successfully extended gold in soil anomalies over 1.7km, revealing multiple gold trends and significant lithium readings. The program has delineated a large area of under-explored ground where parallel structures could exist, providing compelling targets for additional field work and in-depth analysis. The company will continue to investigate the anomalies further with additional desktop interpretation and planning an infill program to refine targets for depth testing.
XTC Lithium's auger drilling program has uncovered promising results, extending gold trends and identifying multiple lithium readings in the Southern Cross tenement package. The delineation of under-explored ground and compelling targets for additional field work presents an optimistic outlook for the company's exploration efforts. The project area's proximity to historically productive gold mines further enhances the potential for significant discoveries. XTC Lithium remains focused on further exploration and analysis to refine targets for depth testing, indicating a proactive approach towards maximizing the potential of the Southern Cross project.