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Much vaunted exploration company Southern Cross Gold has hailed an "extremely encouraging" drill result from below the Golden Dyke prospect that shows the mineral system continuing 450m below the main historic mines at the Sunday Creek project near Melbourne.
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Southern Cross Gold has again reported eye-catching assays from its flagship Sunday Creek epizonal gold-antimony project in Victoria, adding two record intersections to its leaderboard and confirming the deposit appears to be improving at depth.
Canadian-listed Mawson Gold wants to reverse its spin-out of Victorian precious metals explorer Southern Cross Gold, pitching a merger that would result in the combined company being listed on the Australian and Toronto stock exchanges.
Two years after Mawson Gold successfully spun out its Australian gold projects to focus on its Scandinavian interests, the two companies are set to recombine and undo the past two years of corporate changes.
Southern Cross caught the attention of the gold bugs early last week with a deep diamond drill hit at its Rising Sun prospect within its 195-square-kilometre Sunday Creek epizonal gold project in the prospective structural Melbourne Zone, about 60km north of Victoria’s capital city.
Cashed-up Southern Cross Gold is looking to deliver more ultra-high-grade g old hits in Victoria, planning to double drilling coverage of its flagship Sunday Creek project.
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.
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