SXG drills 5.5m @ 25.4g/t gold in 200m down-dip extension at Golden Dyke
Project Name: Golden Dyke Prospect, Sunday Creek Gold-Antimony Project
Project Location: Victoria (VIC), Australia
Project Stage: Advanced Exploration
ProjectBank Summary:
Southern Cross Gold Ltd (ASX: SXG) has announced exceptional results from its latest diamond drilling program at the Golden Dyke Prospect, part of its Sunday Creek Project in Victoria. The drill hole SDDSC141 intersected 5.5m @ 25.4g/t Au, including 1.4m @ 101.1g/t Au, extending mineralisation by up to 200m down-dip below previous drilling. This new discovery confirms high-grade gold continuity at depth and strengthens the potential for Golden Dyke to host significant resources. The mineralisation follows a distinct "ladder" structure with over 66 defined rungs, further supporting systematic exploration efforts.
Southern Cross Gold Highlights:
Drill hole SDDSC141: 5.5m @ 25.4g/t Au, including 1.4m @ 101.1g/t Au, at 589.3m depth.
Mineralisation extended 100-200m down-dip, confirming continuity of high-grade gold veins.
Ongoing exploration with five rigs operating and 60km of drilling planned over the next year.
MD/CEO Statement:
Michael Hudson, Managing Director of Southern Cross Gold, stated: ""These results from Golden Dyke continue to validate our conviction that Sunday Creek represents one of the most significant global gold discoveries in recent years. With consistent high-grade mineralisation from surface to depths exceeding 1,100 meters, we believe we’re still in the early stages of unlocking the full potential of this remarkable project."
