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The rig, which will mobilise to the project before the end of this month, will focus on extending and infilling mineralisation around the Apollo to Golden Dyke strike zone.
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Following “spectacular” drill results at Southern Cross Gold’s Sunday Creek project in Victoria, the company will mobilise a second rig to the project before the end of the month.
Lisa Gibbons talks to the AFR to state there is enough momentum behind commodity prices to keep the industry drilling at a rapid pace.
Investors have been bidding the Southern Cross Gold share price higher today after the gold explorer released positive drilling results.
Southern Cross is now focusing its drilling in the area to target extensions, in the heart of what is mapped as a 10km mineralised trend that extends beyond drilling area.
Hole SDDSC033 was drilled to test a 120-metre gap between two mineralised shoots to the west of the Apollo shaft between two previously-drilled holes nearby.
MD Michael Hudson discusses the success of finding a a new mineralised vein set 450 m vertically down dip below previous drilling at Golden Dyke.
Michael Hudson and Kenny Bush explain why Sunday Creek is not nuggety and slides from the Victorian government representative explaining how the state is open for business for mining and why Sunday Creek ticks all the boxes for gaining government support.
Michael Hudson discusses SDDSC119 & SDDSC119W1 which drilled an extension of mineralisation 200 m from Apollo to Apollo East and infilled a 260 m gap in Apollo Deeps which demonstrate the continuity of mineralisation at Sunday Creek.
MD Michael Hudson discusses SDDSC118, our deepest hole on the project at Rising Sun which produced three intercepts greater than 900 g/t, two of which are in our top 10 intercepts and three new vein sets at depth.
Chairman Tom Eadie and MD Michael Hudson discuss the benefits and opportunities emanating from the proposed merger with Mawson Gold and dual listing in Canada.
Kenny Bush and Michael Hudson give an in depth and technical update of the Sunday Creek project.