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Golden Cross Resources Commences Drilling at its Reedy Creek High-Grade Gold Project in Victoria, Australia
Summary: Golden Cross has commenced drilling at the Reedy Creek Gold Project, 10 km northeas...
About this update from Golden Cross Resources Inc.
[{"type":"text","content":"Golden Cross Resources Commences Drilling at its Reedy Creek High-Grade Gold Project in Victoria, AustraliaSummary:Golden Cross has commenced drilling at the Reedy Creek Gold Project, 10 km northeast of and contiguous to Southern Cross Gold's recent Sunday Creek gold discoveryHistorical drilling at Reedy Creek revealed high-grade gold intercepts including 11 m at 31.4 g/t gold and 2 m at 174.42 g/t gold1 Recent soil geochemical sampling also identified a ~3 km-long gold-in-soil geochemical anomalyFully funded: Initial 2,000 metres of drilling at key targets will aim to expand known gold mineralization and support an additional fully funded 4,000 metres of drilling Vancouver, British Columbia--(Newsfile Corp. - June 4, 2025) - Golden Cross Resources Corp (TSXV: AUX) (OTC Pink: ZCRMD) (\"Golden Cross\" or the \"Company\"), a company focused on high-grade gold exploration at the historic Reedy Creek Goldfield in Victoria, Australia, is pleased to announce it has commenced an inaugural fully funded 6,000-metre phased drill program to test and expand on key high-grade gold targets.An initial 2,000-metre diamond drilling program comprises 15 shallow drill holes at the Prince of Wales & Wieneroider Ridge targets within the Reedy Creek Goldfield (Figure 1, below). This initial phase has been guided by LiDAR survey data, a review of recent previous drilling as well as the recently completed structural mapping. It is designed to systematically improve the structural and geological understanding of the targets and will aim to expand on the known mineralization. This will be achieved by targeting interpreted faults, shears, and quartz veins. Figure 1: Golden Cross' inaugural 6,000 metre drilling program will aim to expand on previously identified zones of high-grade gold mineralization at the Prince of Wales and Wieneroider Ridge prospects, shown above.To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/5159/254431_aba13944a4edd9f5_002full.jpg Enhanced geotechnical insight from the early drilling will support a further 4,000m of fully funded drilling. This drilling will be aimed at investigating extensions to vein systems at depth, as well as testing of adjacent ladder targets. The drill targets have been identified from geological mapping of surface workings and are untouched by modern explor...