Southern Cross Gold drills 12.2 m @ 32.4 g/t gold at Golden Dyke
(PresseBox) - Southern Cross Gold Consolidated Ltd (??SXGC?", ??SX2?" or the ??Company?") (TSX:SXGC) (ASX:SX2) (OTCQX:SXGCF) (Frankfurt: MV3.F) (- https://www.commodity-tv.com/play/southern-cross-gold-200000m-drill-program-to-significantly-increase-the-resource-target/ -) announces results from four drillholes from the 100%-owned Sunday Creek Gold-Antimony Project in Victoria (Figures 1 to 5). Best results included 12.2 m (at) 32.4 g/t Au from 447.0 m in drillhole SDDSC188, including the highest individual Au assay (0.2 m (at) 1,050 g/t Au) in Golden Dyke to date.
Five High Level Takeaways:
⢠Best Gold Discovery at Golden Dyke: Best gold intersection drilled at Golden Dyke to date ?? 12.2 m (at) 33.3 g/t AuEq (32.4 g/t Au, 0.4% Sb) from 447 m depth. This confirms Golden Dyke as a major high-grade zone within the Sunday Creek project and ranks as the 15th best composite hit across the entire project.
⢠Exceptional Individual Gold Grades: A single sample returned 0.2 m (at) 1,050 g/t Au (plus 0.55% Sb) from 452.7 m ?? the highest gold grade ever recorded at Golden Dyke. Two additional samples exceeded 250 g/t gold: 0.35 m (at) 259 g/t Au (plus 1.45% Sb) and 0.18 m (at) 301 g/t Au (plus 1.52% Sb), all within a high-grade core of 3.1 m (at) 126.6 g/t AuEq.
⢠Growing System: The drilling intersected eight vein sets in total, including two new mineralized structures (GD82 and GD83) outside the current Exploration Target. These returned 0.2 m (at) 29.8 g/t AuEq and 3.9 m (at) 3.9 g/t AuEq respectively, with a 50 m to 70 m step-down from previous drilling ?? expanding the potential size of the deposit.
⢠Connected System Confirmed: SDDSC186W1 successfully intersected altered sediment between Golden Dyke and Rising Sun, linking these two areas.
⢠Major Exploration Upside: Golden Dyke has only been defined with confidence to 600 m below surface ?? much shallower than Rising Sun which extends to over 1,100 m.
Michael Hudson, President & CEO states: "SDDSC188 has delivered the best composite intersection in Golden Dyke to date with 12.2 m (at) 33.3 g/t AuEq, including the highest individual gold assay in Golden Dyke at 0.2 m (at) 1,050 g/t Au. This hole intersected eight vein sets in Golden Dyke, with two vein sets located outside the current Exploration Target, achieving a 50 m to 70 m step-down and adding significant tonnage potential to the system.
"Importantly, the drilling has now linked Golden Dyke and Rising Sun together, demonstrating these are part of the same large-scale mineralized system. To date, Golden Dyke has been defined with confidence to 600 m below surface, with considerable exploration upside remaining at depth. The consistent high-grade intercepts and robust continuity we re seeing reinforce Sunday Creek s position as a globally significant gold-antimony discovery."
Unternehmensinformation / Kurzprofil:
Datum: 07.01.2026 - 01:41 Uhr
Sprache: Deutsch
News-ID 731077
Anzahl Zeichen: 0
contact information:
Contact person: Jörg Schulte
Town:
Vancouver, Canada and Melbourne, Australia
Phone: +49 (2983) 974041
Kategorie:
Financial Services & Insurance
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