SXG drills high-grade gold at Apollo East, VIC

Project Name: Sunday Creek Project
Project Location: VIC
Project Stage: Advanced Exploration

ProjectBank Summary:
Southern Cross Gold Ltd (ASX: SXG) announces high-grade gold intercepts from two diamond drill holes, SDDSC119 and SDDSC119W1, at the Apollo prospect within the Sunday Creek Project in Victoria. Drill hole SDDSC119 extended mineralisation 200 meters east from Apollo to Apollo East and infilled a 260-meter gap in Apollo Deeps, confirming continuity. Significant results include 1.4 meters at 20.0 g/t AuEq (8.9 g/t Au, 5.9% Sb) from 440.0 meters and 11.5 meters at 6.0 g/t AuEq (3.7 g/t Au, 1.2% Sb) from 571.2 meters. Drill hole SDDSC119W1, a wedge hole to reacquire lost core, also demonstrated continuity of mineralisation, returning 5.5 meters at 5.1 g/t AuEq (3.6 g/t Au, 0.8% Sb). The results underscore the potential for substantial high-grade gold and antimony mineralisation at Sunday Creek.

Southern Cross Gold Highlights:

  • SDDSC119 drilled an extension of mineralisation 200 m from Apollo to Apollo East and infilled a 260 m gap in Apollo Deeps, confirming continuity.

  • High-grade vein sets intercepted: 1.4 m @ 20.0 g/t AuEq (8.9 g/t Au, 5.9% Sb) from 440.0 m, including 0.4 m @ 66.7 g/t AuEq (29.3 g/t Au, 19.9% Sb) from 441.0 m, and 11.5 m @ 6.0 g/t AuEq (3.7 g/t Au, 1.2% Sb) from 571.2 m, including 4.7 m @ 11.7 g/t AuEq (6.6 g/t Au, 2.7% Sb) from 577.1 m.

  • SDDSC119W1 confirmed continuity over a 0.6 m down dip distance with 5.5 m @ 5.1 g/t AuEq (3.6 g/t Au, 0.8% Sb) from 619.9 m.

  • Additional high-grade intersections: 4.2 m @ 3.6 g/t AuEq (2.9 g/t Au, 0.3% Sb) from 416.8 m and 5.6 m @ 4.3 g/t AuEq (2.7 g/t Au, 0.9% Sb) from 620.1 m.

MD/CEO Statement:
Michael Hudson, Managing Director, commented: "New drilling has shown further expansion and success from the prolific Sunday Creek, this time from the far eastern end of the 1 km long core project area. Drill holes SDDSC119 and 119W1 demonstrated extensions of three high-grade vein sets 200 m east at Apollo East, including 1.4 m @ 20.0 g/t AuEq, and infilled seven veins in a 260 m wide gap at Apollo Deeps, which included 11.5 m @ 6.0 g/t AuEq. Encouragingly, the wedge hole demonstrated continuity of grade at a close (0.6 m) spacing, and at a scale never tested at the project. These results are important as they show continued project growth as well as continuity of grades at different scales. With an additional rig to be mobilised to site next week to increase site capacity to five drill rigs, and with a 60 km drill program underway, these results demonstrate our ability to build the deposit via volume increases and building confidence in continuity of grade."

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