Key facts about Southern Cross Gold's geological update for Sunday Creek project

Southern Cross Gold Ltd (ASX: $SXG) has released a geological update for its 100%-owned gold-antimony Sunday Creek Project in Victoria. The update focuses on vein morphology and continuity to provide background for an upcoming Exploration Target. The update describes the continuity of vein sets and grades in three dimensions, supported by structural oriented drill core data, quality control data, and geostatistics. The Managing Director, Michael Hudson, highlights the importance of geological continuity in constructing a mineral deposit model and the economic nature of a deposit.

Executive commentary on geological update and exploration target

The Company will soon release a maiden Exploration Target for the Apollo and Rising Sun areas at Sunday Creek. This update describes vein morphology and geological and vein continuity to provide geological context for the Exploration Target. The observations made here are important because, while geological continuity is critical when constructing a mineral deposit model, in most cases it is the continuity of the grade of the mineralisation that will determine the economic nature of a deposit.

Summary of Southern Cross Gold's geological update and outlook

Southern Cross Gold's geological update for the Sunday Creek Project provides valuable insights into the vein morphology and continuity, laying the groundwork for an upcoming Exploration Target. The update demonstrates a low coefficient of variation in vein sets and grades, indicating predictability and potential economic significance. The Company's application of multiple datasets, including geostatistics, stereonets, quality control data, and historic mining records, enhances the understanding of the geological and mineralisation model. With SRK Consulting engaged for ongoing modelling assistance and the eventual preparation of a Mineral Resource Estimate, Southern Cross Gold is poised to advance its exploration efforts and potentially uncover a significant gold-antimony mineralisation at Sunday Creek.