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Golden Cross Resources Launches First-Ever Drilling at Shepherd's Hill and Welcome Reef Gold Prospects
First-ever drilling at Shepherd's Hill and Welcome Reef – historically producing goldfield...
About this update from Golden Cross Resources Inc.
[{"type":"text","content":"Golden Cross Resources Launches First-Ever Drilling at Shepherd's Hill and Welcome Reef Gold ProspectsFirst-ever drilling at Shepherd's Hill and Welcome Reef – historically producing goldfields worked only by artisanal miners in the past.Welcome Reef legacy: Produced 9,000+ oz @ 25 g/t Au1, with widths and grades improving at depth – Golden Cross plans to drill beneath where artisanal miners previously explored.Historic wealth creation: Legendary prospector Louis Ah Mouy's success at Welcome Reef helped establish Westpac Bank, now Australia's oldest and one of its largest banks.Vancouver, British Columbia--(Newsfile Corp. - August 25, 2025) - Golden Cross Resources (TSXV: AUX) (OTCQB: ZCRMF) (FSE: ZML0) (\"Golden Cross\" or the \"Company\") is pleased to announce it has commenced drilling at the Shepherd's Hill Prospect and has secured a key access agreement at the Welcome Reef Goldfield. Both areas host a rich history of artisanal mining and high-grade gold production dating back to the 1800s, yet neither has ever been explored with modern techniques. This program marks the first opportunity to unlock the true potential of these historic goldfields using contemporary exploration methods.Figure 1 – Reedy Creek Goldfield ProspectsTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/5159/263696_1a0ceaea74795aa7_002full.jpgShepherd's Hill – First Drilling of a Structurally Robust TargetLocated within Golden Cross's 100%-owned Reedy Creek Project, Shepherd's Hill is a never-before-drilled high-grade gold prospect. The area hosts a series of quartz-sulphide reefs within folded turbidites, worked only at surface by early artisanal miners. Golden Cross's current program – 2,000 metres across five holes – represents the first modern test beneath those historic workings. To date the Company has completed over 900 metres of drilling at Shepherd's Hill. Assays are anticipated in Q4 2025.Initial drilling at Shepherd's Hill, which was designed around preliminary structural mapping at surface, has successfully intercepted the targeted quartz reefs at depth. Analysis of the early diamond drill core is revealing the presence of structural indicators, including shears and tension veins. These structures don't occur randomly, and they provide ...