Epizonal Gold - Antimony Deposits
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Southern Cross Gold Extends Golden Dyke 200 Metres West 16 Vein Sets - Includes 1.8 m @ 79.9 g/t Gold
TMX Newsfile· 2026-02-18 11:00
Core Insights - Southern Cross Gold Consolidated Ltd (SXGC) has reported significant drilling results from its Sunday Creek Gold-Antimony Project, highlighting the potential for substantial mineralization and exploration upside in the region [1][5][30]. Group 1: Drilling Results - Drillhole SDDSC208 returned a standout intersection of 1.8 m at 80.5 g/t AuEq (79.9 g/t Au, 0.2% Sb), including 0.5 m at 309.1 g/t AuEq (309.0 g/t Au, 0.03% Sb) [1][9][18]. - The project now has 79 composite intersections exceeding 100 g/t Au from 113 km of drilling, indicating a high-grade profile that positions it among the highest-grade gold drill discoveries globally [5][20][29]. - The Golden Dyke prospective area has doubled in size, with 16 vein sets identified across a 420 m mineralized interval, confirming a more connected mineralized system than previously interpreted [4][7][11]. Group 2: Exploration Potential - Only 650 m of the known 1,550 m strike has been intensively drill tested, suggesting substantial exploration upside remains [5][30]. - The ongoing drill program includes 200,000 m planned through Q1 2027, with nine drill rigs currently operational and results pending from 41 holes [14][32]. Group 3: Strategic Importance - The dual-metal profile of gold and antimony at Sunday Creek enhances its strategic value, particularly as antimony is critical for various high-tech applications and is in demand due to supply concerns [27][30]. - Antimony contributes approximately 21% to 24% of the in situ recoverable value of the project at an AuEq ratio of 2.39 [28][30]. Group 4: Technical and Geological Insights - The geological framework of the Sunday Creek project is characterized by a "Golden Ladder" structure, with mineralization extending from surface to depths of over 1,100 m [26][29]. - Preliminary metallurgical work indicates non-refractory mineralization suitable for conventional processing, with gold recoveries projected between 93% to 98% [31].