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Golden Cross Confirms Orogenic Gold Mineralization from Initial Assay Results at Reedy Creek
Highlights High-Grade Gold Confirmed : Intercepts up to 0.5m @ 24.4 g/t Au and broader in...
About this update from Golden Cross Resources Inc.
[{"type":"text","content":"Golden Cross Confirms Orogenic Gold Mineralization from Initial Assay Results at Reedy CreekHighlights High-Grade Gold Confirmed: Intercepts up to 0.5m @ 24.4 g/t Au and broader intervals such as 23m @ 3.01 g/t Au.Evidence of Ladder-Style Veins and Pathfinder Halos: Geological features (laminated quartz veins, arsenic halos, visible gold) are consistent with those seen in Victoria's world-class gold systems, such as Fosterville and Costerfield.De-Risked Exploration Model: Structural and geochemical data provide a roadmap for Golden Cross to target the richest zones, reducing drilling risk and cost while increasing discovery efficiency. Upcoming Catalysts: Phase 2 drilling (10,000m fully funded with two rigs turning) is underway, with assays pending from Phase 1 expected to drive steady news flow. Assays Pending: Assays from 1,900 m's of drilling from 7 holes as part of initial 2,000m phase 1 drill program are pending.Vancouver, British Columbia--(Newsfile Corp. - September 29, 2025) - Golden Cross Resources (TSXV: AUX) (OTCQB: ZCRMF) (FSE: ZML0) (\"Golden Cross\" or the \"Company\") provides the following update from initial assays received from diamond drilling at its Reedy Creek prospect, Victoria, Australia.Golden Cross has now completed 10 holes for over 2,300 metres of diamond drilling at the Reedy Creek Project. Drilling has initially focused on confirming the presence of multiple vein sets, variable silicification and zones of sulphide mineralization consistent with orogenic-style systems. Assays received from the first three diamond drillholes comprising 393.21 metres drilled into the Prince of Wales target. Assay results received from this first-pass testing, aimed at vectoring future drilling, include:10.8m @ 2.08g/t Au from 28m in PWD004Including 0.5m @ 24.4g/t Au from 28mDrilling successfully enhanced the three-dimensional targeting model with sub-surface geological and structural data collected. Resampling of historical and previously unsampled drill core by Golden Cross has returned compelling results, including:23m @ 3.01g/t Au from 22m (RWB10)9m @ 3.64g/t Au from 38m in (RWB12)10m @ 2.81g/t Au from 37m in (RWB13)Visibly the core shows a strong correlation with the dominant regional gold mineralisation trends, as seen at Fosterville and Costerfield. That is, the gold bearing quartz veins are found in folded m...