Southern Cross Gold Drills 3.4 M @ 466 g/t Gold at Sunday Creek

Core Insights - Southern Cross Gold Consolidated Ltd (SXGC) has reported significant results from its diamond drilling program at the Sunday Creek gold-antimony project, highlighting the exceptional potential of the site with high-grade mineralization and new vein discoveries. Group 1: Drill Results - The drill hole SDDSC161 achieved the second highest interval ever drilled at Sunday Creek, with 3.4 m at 466.4 g/t AuEq, including a core of 2.4 m at 670.4 g/t AuEq, and a notable assay of 4,700 g/t Au over 0.2 m [3][10][11] - SDDSC156 discovered six new vein sets between the Christina and Golden Dyke prospects, indicating the repeatability of mineralized structures [4][11] - Depth extensions were confirmed in two holes, SDDSC155A and SDDSC157, with high-grade mineralization intercepted 40 m to 120 m below previously reported mineralization [4][11] - The project now totals 64 intersections exceeding 100 g/t AuEq and 72 intersections between 50-100 g/t AuEq, demonstrating robust grade distribution at depth [6][21] Group 2: Project Expansion and Strategy - The drilling program is designed to expand the project volume and confirm continuity in high-grade zones, with 24 additional holes currently being processed and analyzed [4][18] - The systematic drilling strategy targets both the dyke host structure and associated mineralized vein sets, enhancing geological understanding and expanding the mineralized footprint [19][22] - Since late 2020, a total of 173 drill holes have been completed, totaling 82,619 m, establishing Sunday Creek as a premier gold-antimony discovery [21][32] Group 3: Strategic Importance of Antimony - Antimony represents approximately 21% to 24% of the in situ recoverable value at Sunday Creek, with the project positioned to meet increasing demand due to China's export restrictions on antimony [28][30][33] - The dual-metal profile of gold and antimony enhances the strategic value of the Sunday Creek project, particularly in the context of defense and semiconductor applications [33][34] - SXGC's inclusion in the US Defense Industrial Base Consortium positions it as a potential key supplier of antimony in the Western world [33]