Southern Cross Gold Ltd (ASX: $SXG) has reported exceptional drilling results at the Rising Sun prospect within the Sunday Creek Project in Victoria. The company's drill hole SDDSC107 intercepted the highest-grade gold and best intersection drilled to date at Sunday Creek, with a spectacularly long and high-grade intersection of gold-antimony mineralization, including 1.0 m @ 2,318 g/t Au drilled within 455.3 m @ 7.2 g/t Au (uncut). The results demonstrate continuity between extremely high-grade gold intercepts, showcasing the project's significant potential.
Southern Cross Gold's Managing Director, Michael Hudson, expressed excitement over the exceptional results, stating, 'Sunday Creek has again delivered one of the hits of the year and the rebirth of the Victorian goldfields continues. This is an extraordinary global discovery with hole after hole exceeding previous exceptional drill results. With four drill rigs operating, ten holes being processed or in progress, we look forward to continued news flow.'
The drilling results at Sunday Creek demonstrate the project's potential for high-grade gold-antimony mineralization. The continuity between extremely high-grade gold intercepts is a significant development, indicating the presence of rich mineralized zones. Southern Cross Gold's focus on these high-grade zones and the ongoing drilling activities reflect the company's commitment to rapidly build ounces beyond initial exploration targets. The presentation of drill core at PDAC in Toronto 2024 further emphasizes the company's confidence in the project. With the project's favorable comparisons to globally significant high-grade gold discoveries and the systematic drill program targeting significant vein formations, Southern Cross Gold is poised for further exploration and potential resource expansion at Sunday Creek.