SXG drills high-grade gold at Sunday Creek, VIC
Project Name: Sunday Creek Project
Project Location: VIC
Project Stage: Advanced Exploration
ProjectBank Summary:
Southern Cross Gold Ltd (ASX: SXG) announces significant high-grade gold intercepts from its Sunday Creek Project in Victoria. Drill hole SDDSC118, the deepest drilled on the project, intersected 3.6 meters at 124.8 g/t Au from 1,120.4 meters depth, extending mineralization 80 meters down dip. This hole also revealed three new high-grade vein sets at depth, including three additional intersections exceeding 100 g/t AuEq x m and two top 10 results for Sunday Creek. Additional notable drill results include 3.1 meters at 39.9 g/t AuEq (38.2 g/t Au, 0.9% Sb) from 452.5 meters and 0.7 meters at 604.0 g/t AuEq (604.0 g/t Au, 0.0% Sb) from 555.7 meters. These results confirm the potential for substantial high-grade gold mineralization at Sunday Creek, with ten drill holes currently being processed and analyzed.
Southern Cross Gold Highlights:
SDDSC118 is the deepest hole on the project and extended mineralisation 80 m down dip with 3.6 m @ 124.8 g/t Au from 1,120.4 m (1,050 m vertically below surface).
This hole intercepted 11 high-grade vein sets, including three new vein sets at depth with three additional > 100 g/t AuEq x m intersections and two top 10 results for Sunday Creek (0.7 m @ 604.0 g/t Au and 3.6 m @ 124.8 g/t Au) and included seven assayed intervals of > 50 g/t Au (with three individual assays >900 g/t Au), and four assayed intervals > 2% Sb (up to 19.4% Sb).
Drill highlights include:
3.1 m @ 39.9 g/t AuEq (38.2 g/t Au, 0.9% Sb) from 452.5 m, including:
1.4 m @ 87.9 g/t AuEq (84.6 g/t Au, 1.7% Sb) from 454.2 m
0.4 m @ 71.2 g/t AuEq (70.3 g/t Au, 0.5% Sb) from 475.4 m, including:
0.1 m @ 235.2 g/t AuEq (235.0 g/t Au, 0.1% Sb) from 475.4 m
0.7 m @ 604.0 g/t AuEq (604.0 g/t Au, 0.0% Sb) from 555.7 m, including:
0.5 m @ 979 g/t AuEq (979 g/t Au, 0.0% Sb) from 555.7 m
1.3 m @ 43.3 g/t AuEq (42.5 g/t Au, 0.4% Sb) from 675.1 m, including:
0.3 m @ 201.9 g/t AuEq (200.0 g/t Au, 1.0% Sb) from 675.1 m
3.6 m @ 124.8 g/t AuEq (124.8 g/t Au, 0.0% Sb) from 1,120.4 m, including:
0.2 m @ 1,200 g/t AuEq (1,200 g/t Au, 0.1% Sb) from 1,120.4 m
0.2 m @ 1,030 g/t AuEq (1,030 g/t Au, 0.0% Sb) from 1,121.0 m
0.2 m @ 36.0 g/t AuEq (36.0 g/t Au, 0.0% Sb) from 1,180.8 m
MD/CEO Statement:
Michael Hudson, Managing Director, commented: "The trend is your friend, with drill hole after drill hole continuing to demonstrate continuity, extremely high grades, and new discoveries. This time drill hole SDDSC118 demonstrated continuity across multiple structures while defining three new vein sets and drilling the deepest, and one of the best, intersections at Sunday Creek with 3.6 m @ 124.8 g/t Au from 1,120.4 m, in a large 80 m down dip extension below previously defined mineralisation."
