Southern Cross Gold (ASX:SXG) has released promising results from its NAVI diamond drill program at the Rising Sun prospect within the Sunday Creek Project in Victoria, Australia. The drill program confirmed the continuity of high-grade gold and antimony mineralisation, enhancing predictability of structure and grade.
Southern Cross Gold Ltd (ASX:SXG) has successfully completed a detailed diamond drilling program at the Rising Sun prospect, affirming the continuity of high-grade gold and antimony mineralisation. The company has identified new mineralised veins, previously undetected, through specialized drilling techniques. Their ongoing exploration efforts include a planned 60 km of diamond drilling with a focus on reducing geological risk and enhancing resource estimation. This project is strategically significant due to the presence of antimony, a critical metal. Southern Cross Gold aims to increase drilling density to discover further mineralisation and improve future production prospects. The Sunday Creek Project, located 60 km north of Melbourne, spans a large exploration area, positioning Southern Cross Gold as a potential key player in the supply of gold and antimony.
The NAVI drill program's success in confirming high-grade continuity is a significant step forward for us. It not only reduces geological risk but also lowers future mining costs. The identification of new vein sets strengthens our confidence in the project's potential.