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Southern Cross Gold Extends Mineralization to 600 Metres Depth with Multiple High-Grade Intersections at Christina
Newsfile· 2025-07-24 10:00
Core Insights - Southern Cross Gold Consolidated Ltd has reported significant drilling results from the Christina prospect, extending mineralization to a depth of 600 meters with multiple high-grade intersections, including 2.9 m at 16.3 g/t Au and 2.5 m at 17.6 g/t Au [2][4][7]. Group 1: High-Grade Intersections - Drill hole SDDSC173 intersected visible gold in four separate locations, with grades reaching up to 58.0 g/t gold over 0.6 m, and multiple high-grade intervals including 2.9 m at 14.4 g/t gold equivalent [7][11]. - The gold-bearing corridor now extends 1.5 km from Apollo East to Christina West, with intersections including 7.1 m at 5.2 g/t gold equivalent, containing higher grades up to 74.8 g/t gold [7][14]. - The deepest high-grade gold intersections at Christina reached 926 meters depth, proving mineralization extends much deeper and further west than previously defined [7][11]. Group 2: Geological Continuity and Expansion - The results validate the geological model and confirm the robust vertical extent of the Sunday Creek system, with systematic infill drilling discovering additional vein sets beyond original interpretations [4][5]. - Multiple high-grade gold zones have been discovered well outside the current exploration area, indicating the deposit continues to grow beyond original geological interpretations [7][11]. - The drilling program is advancing with 33 holes currently pending assay results, indicating ongoing exploration potential [15]. Group 3: Strategic Importance of Antimony - Sunday Creek is positioned as one of the Western world's significant gold-antimony discoveries, with antimony contributing approximately 21% to 24% of the in situ recoverable value [26][32]. - The recent Chinese government announcement to place export limits on antimony products could positively impact Southern Cross Gold, as it may become one of the few large, high-quality antimony projects in the Western world [28][32]. - The dual-metal profile of Sunday Creek enhances its strategic value, especially in light of increasing demand for antimony in defense and semiconductor applications [32][33].
RUA GOLD Expands High-Grade Intercepts at Depth at Auld Creek: 5.9g/t AuEq over 9m and 48.3g/t AuEq over 1.25m
Newsfile· 2025-04-16 11:30
Core Viewpoint - Rua Gold Inc. has reported significant improvements in gold and antimony grades from its drilling activities at the Auld Creek project, indicating a promising expansion of its resource base in New Zealand's Reefton Goldfield [1][4][10]. Company Updates - The recent drilling results include notable intercepts: - ACDDH026: 2.1m @ 1.25g/t Au from 175m depth - ACDDH027: 9m @ 5.9g/t AuEq (5.2g/t Au & 0.16% Sb) from 159m depth - ACDDH028: 1.25m @ 48.3g/t AuEq (13.3g/t Au & 8.1% Sb) from 210m depth [4][10][12] - The company is focusing on expanding the Auld Creek resource both north and south, with surface exploration showing promise over a 2.5km length [4][10]. Exploration Potential - Auld Creek has an inferred resource of 700,000 tonnes at 3.1g/t Au and 1.1% Sb, equating to approximately 67,000oz of gold and 8,000 tonnes of antimony [12][10]. - The drilling program commenced in December 2024, targeting four mineralized shoots identified from historical exploration [11][12]. Market Context - Antimony prices have surged to over US$50,000 per tonne, up from US$11,350 per tonne at the start of 2024, reflecting increased demand and limited supply [10][9]. - Antimony is recognized as a critical mineral by several countries, including New Zealand, due to its strategic importance in various industries [9][10].