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Southern Cross Gold Drills 28.6 Metres at 10.3 g/t Gold at Sunday Creek
Southern CompanySouthern Company(US:SO) Newsfileยท2025-04-23 10:30

Core Viewpoint - Southern Cross Gold Consolidated Ltd has reported significant drilling results from the Apollo prospect at the Sunday Creek gold-antimony project, indicating high-grade mineralization and the potential for expanded mining operations. Group 1: Drilling Results - Drill hole SDDSC158 returned 100.5 m at 3.1 g/t gold, including high-grade sections of 28.6 m at 10.3 g/t gold and 1.4 m at 142.2 g/t gold, demonstrating substantial mineralized widths and high-grade extensions at depth [2][3][5] - The cumulative mineralized corridor from SDDSC158 was 240 m downhole, with significant intercepts indicating the potential for selective bulk mining methods alongside narrower high-grade mining [3][10][15] Group 2: Geological Insights - The Apollo prospect shows significant grade improvement at depth, consistent with patterns observed in the adjacent Rising Sun area, typical of epizonal gold-antimony deposits [5][6][34] - Mineralization was intercepted at depths of 400 m to 700 m below the surface, representing an 80 m to 120 m down dip extension of high-grade mineralized domains [7][9][19] Group 3: Project Expansion and Future Plans - The project has a total of 63 intersections exceeding 100 g/t AuEq, reinforcing its status as a globally significant gold-antimony discovery [8][21] - Twenty additional drill holes are currently being processed, with seven actively being drilled, indicating ongoing exploration and systematic expansion of the mineralized footprint [4][18][35] Group 4: Strategic Importance of Antimony - Antimony represents approximately 21% to 24% of the in situ recoverable value at Sunday Creek, highlighting its significance alongside gold [30][34] - Recent export limits imposed by China on antimony products may enhance the strategic value of Sunday Creek as a potential key supplier to Western markets [31][34]