Southern Cross Gold Consolidated Ltd (ASX: SX2) has reported promising results from the first deep drilling campaign at its wholly owned Redcastle Gold-Antimony Project in Victoria. The latest drilling program has intersected significant high-grade gold mineralisation, providing further evidence of the project's strong exploration potential and highlighting the opportunity to expand known mineralised zones within the historic Redcastle goldfield. The standout drill hole, SDDRE016 at the Laura Prospect, intersected multiple high-grade gold zones, including 26.2 g/t gold over 0.14 metres and 15.4 g/t gold over 0.22 metres, while also confirming the presence of visible gold and antimony mineralisation extending across more than 250 metres vertically. The results indicate that the historically productive near-surface system continues at depth and supports the geological similarities with the nearby Costerfield deposit.
The company believes Redcastle represents a significant district-scale opportunity, with 14 mineralised reefs spread across a 900-metre corridor and more than 17 kilometres of historic workings that remain largely untested below shallow depths. Alongside its ongoing 200,000-metre drilling campaign at Sunday Creek, Southern Cross Gold has deployed multiple drill rigs to accelerate exploration, with numerous assay results still pending, strengthening its pipeline for future resource growth.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au
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Southern Cross Gold Consolidated Ltd Reports Encouraging High-Grade Gold Results from Redcastle
Southern Cross Gold Consolidated Ltd (ASX: SX2) has reported promising results from the first deep drilling campaign at its wholly owned Redcastle Gold-Antimony Project in Victoria. The latest drilling program has intersected significant high-grade gold mineralisation, providing further evidence of the project's strong exploration potential and highlighting the opportunity to expand known mineralised zones within the historic Redcastle goldfield. The standout drill hole, SDDRE016 at the Laura Prospect, intersected multiple high-grade gold zones, including 26.2 g/t gold over 0.14 metres and 15.4 g/t gold over 0.22 metres, while also confirming the presence of visible gold and antimony mineralisation extending across more than 250 metres vertically. The results indicate that the historically productive near-surface system continues at depth and supports the geological similarities with the nearby Costerfield deposit.
The company believes Redcastle represents a significant district-scale opportunity, with 14 mineralised reefs spread across a 900-metre corridor and more than 17 kilometres of historic workings that remain largely untested below shallow depths. Alongside its ongoing 200,000-metre drilling campaign at Sunday Creek, Southern Cross Gold has deployed multiple drill rigs to accelerate exploration, with numerous assay results still pending, strengthening its pipeline for future resource growth.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au