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Southern Cross Gold (ASX:SX2) has identified significant upside in results from four drill holes at the Sunday Creek gold-antimony project in Victoria. Best results included 1.8 metres at 80.5 grams per tonne gold equivalent.
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“SDDSC208 is a significant result for trajectory,” President and CEO Michael Hudson declared today. “Sixteen vein sets across a 420m mineralised interval, four individual assays exceeding 100g/t, and a 200m westward extension of Golden Dyke — this hole demonstrates that the system continues to grow.”
He continued: “The Golden Dyke area has now doubled, and critically, the ten new vein sets between Golden Dyke and Christina confirm we’re dealing with a larger, more connected system than we had previously defined.
“Sunday Creek now has 79 composite intersections exceeding 100 g/t Au from 113 km of drilling, and we’ve tested less than half of the known 1,550 m strike. The exploration upside here is substantial and systematic — this isn’t a single-hole story, it’s a district-scale system that keeps expanding as we drill it.”
Mr Hudson said antimony represents approximately 21% to 24% in situ recoverable value of Sunday Creek.
“With high-grade gold dominating and antimony providing strategic value that the Western world urgently needs, Sunday Creek offers a rare combination,” he explained.
“We have the grade, the scale potential, the jurisdiction, and the infrastructure pathway. With ten rigs turning and 41 holes in the pipeline, we are advancing this project methodically toward resource definition and development milestones.”
Hole SDDSC208 has extended Golden Dyke 200 m west towards Christina, intersecting 16 vein sets, including 10 previously unrecognised vein sets outside the current exploration target.
“With only 650 m of the 1,550 m known strike intensively drill tested, Sunday Creek remains in the early stages of defining its full scale,” Mr Hudson added.
Sunday Creek is located approximately 60km north of Melbourne.
SX2 was down -3.04% to $10.20 today.
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