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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.
Michael Hudson describes the process for eligible shareholders to participate in the 1 for 33 Rights Issue to raise $10.23 million at $1.82.
Michael Hudson gives an update on the great success we have had in drilling at the Rising Sun and Apollo/Apollo Deep zones at Sunday Creek and looks ahead to a bright future for the company including our intention to list in Canada!!
Michael Hudson explains the the reasons behind the decision the intention of a dual listing for SXG in Canada.
The PDAC Core Shack where Exploration Manager manned the SXG booth to show core from Sunday Creek to describe the nature of the high grade mineralisation.
Michael Hudson discusses the best hole drilled to date at Sunday Creek, that returned a spectacularly long and high-grade intersection of gold-antimony mineralisation including 1.0 m @ 2,318 g/t Au drilled within 455.3 m @ 7.2 g/t Au from 413.6 m (uncut).
Michael Hudson and Kenny Bush go into a deep dive discussion with Gorm Henriksen of ValPal Equity Research about the history and strategy of SXG going forward, including the intention to list in Canada, but also the geological model at Sunday Creek looking at the continuity of grade in individual veins and the strike expansion potential both the the east and west of the main drill area. There are detailed timestamps below the video for you to jump to whichever topic you'd like to listen to.