Southern Cross Gold Drills 28.6 Metres at 10.3 g/t Gold at Sunday Creek

In This Article:

Vancouver, British Columbia and Melbourne, Australia--(Newsfile Corp. - April 23, 2025) - Southern Cross Gold Consolidated Ltd (TSXV: SXGC) (ASX: SX2) (OTC Pink: MWSNF) (FSE: MV3) ("SXGC", "SX2" or the "Company") announces results from three diamond drill holes SDDSC149, SDDSC149W1 and SDDSC158 at the Apollo prospect, at the 100%-owned Sunday Creek gold-antimony project in Victoria (Figure 4).

Five Key Points 

  1. Significant Widths and High-Grade Extensions at Apollo: Latest drilling results from the Apollo historic mine area at Sunday Creek project show extension and continuity of high-grade gold-antimony mineralization at depth, with drill hole SDDSC158 returning

    • 100.5 m @ 3.1 g/t gold (no lower cut) from 820.8 m including:

      • 28.6 m @ 10.3 g/t gold with intersections as high as 1.4 m @ 142.2 g/t gold.

  2. Apollo Improving at Depth: The Apollo prospect demonstrates significant grade improvement at depth, mirroring patterns observed at the adjacent Rising Sun area - a characteristic of epizonal gold-antimony deposits where mineralization quality often increases with depth.

  3. Strategic Depth Extensions: The three reported holes (SDDSC149, SDDSC149W1 and SDDSC158) intercepted mineralization 80 m to 120 m below known mineralization.

  4. Sunday Creek's High-Grade Profile Expands: Two additional +100 gram-metre AuEq intercepts bring the project's total to 63, further demonstrating robust grade distribution at depth.

  5. Continued Exploration: Twenty additional holes are currently being processed and analyzed, with seven more actively being drilled, continuing the systematic expansion of the project's mineralized footprint.

Michael Hudson, President & CEO, states: "These latest results show extension and continuity along with continued exceptional high-grades at Sunday Creek. The Apollo historic mine area demonstrates significant grade improvement at depth, mirroring patterns observed at the adjacent Rising Sun area - a characteristic of epizonal gold-antimony deposits where grades often increase with depth.

"The scale of our mineralized system is demonstrated, with drill hole SDDSC158 traversing a cumulative mineralized corridor of 240 m downhole. Within this corridor, we've intercepted a substantial zone of 100.5 m @ 3.4 g/t AuEq from 820.8 m, and inside that, higher-grade sections including the exceptional 28.6 m @ 10.3 g/t gold which itself contains an impressive 1.4 m @ 142.2 g/t gold. The wide, high-grade intercepts provide insights into potential mining approaches, possibly combining narrower higher-grade mining potential with selective bulk mining methods in areas where high-grade mineralized corridors combine into wider zones.