RE: Prepare for 202420 Dec 2023 10:46
SXG keeps on hit massive gold hits they have a MC120m now
https://hotcopper.com.au/threads/ann-sxg-drills-9-3-m-94-9-g-t-gold-uncut.7759669/
ASX ANNOUNCEMENT
ABN: 70 652 166 795
ASX Code: SXG
Issued Capital: 184.0M fully paid shares
SOUTHERN CROSS GOLD LTD
Level 21, 459 Collins Street, Melbourne Vic 3000 Australia
Justin Mouchacca - Company Secretary
p: +61 3 8630 3321 e: jm@southerncrossgold.com.au
Nicholas Mead - Investor Relations
p: +61 415 153 122 e: info@southerncrossgold.com.au
14 DECEMBER 2023
SXG Drills 9.3 m @ 94.9 g/t Gold (Uncut)
Hosted within 382 m @ 3.1 g/t Gold (Uncut) that traversed 10 high-grade vein sets
Assays up to 1,610 g/t Gold, 12 Intersections >20 g/t Gold
Demonstrates continuity of structure and grade
Rising Sun Area Remains Open with Assays Pending for 15 Holes
Melbourne, Australia — Southern Cross Gold Ltd (“SXG” or the “Company”) (ASX:SXG) announces
the release of SDDSC092, another spectacularly long intersection with extremely high-grades of gold-
antimony mineralisation, including 9.3 m @ 94.9 g/t Au, the third best result on the project to date, at the
100%-owned Sunday Creek Project in Victoria (Figures 4 and 5).
HIGHLIGHTS
• SDDSC092 drilled at the Rising Sun Prospect included 9.3 m @ 94.9 g/t Au (the third best result
on the project to date) and traversed 10 individual high grade vein sets (Figures 1-3) within a broader
interval of 382.3 m @ 3.4 g/t AuEq (3.1 g/t Au, 0.2 %Sb) from 382.3 m (uncut). Twelve intervals
have >20 g/t Au (up to 1,610 g/t Au), 20 intervals have >15 g/t Au and 8 intervals have >5% Sb
(up to 21.2% Sb).
• The hole is a 33 m to 44 m strike extension on the same horizontal level as the previously reported
drillhole SDDSC077B (404.4 m @ 5.6 g/t AuEq (uncut)), which traversed 13 individual high-grade
vein sets (Figure 3).
• Selected highlights include:
o 6.2 m @ 4.1 g/t AuEq (2.1 g/t Au, 1.2% Sb) from 406.2 m, including:
▪ 0.3 m @ 58.7 g/t AuEq (29.0 g/t Au, 18.8% Sb) from 412.0 m
o 11.7 m @ 4.4 g/t AuEq (2.8 g/t Au, 1.1% Sb) from 424.3 m, including:
▪ 0.6 m @ 78.3 g/t AuEq (48.6 g/t Au, 18.8% Sb) from 427.6 m
o 5.4 m @ 6.2 g/t AuEq (6.2 g/t Au, 0.0% Sb) from 604.6 m, including:
▪ 0.6 m @ 51.8 g/t AuEq (51.7 g/t Au, 0.1% Sb) from 609.0 m
o 18.3 m @ 5.0 g/t AuEq (4.4 g/t Au, 0.4% Sb) from 655.1 m, including:
▪ 0.2 m @ 173.8 g/t AuEq (160.0 g/t Au, 8.7% Sb) from 655.1 m
▪ 1.2 m @ 27.5 g/t AuEq (27.1 g/t Au, 0.3% Sb) from 668.7 m
o 9.3 m @ 95.9 g/t AuEq (94.9 g/t Au, 0.6% Sb) from 677.0 m, including:
▪ 1.8 m @ 489.4 g/t AuEq (484.5 g/t Au, 3.1% Sb) from 683.1 m