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Golden Cross Resources Targets Potential High-Grade Gold System
Golden Cross is advancing exploration at the Reedy Creek Gold Project, 10 km northeast of and con...
About this update from Golden Cross Resources Inc.
[{"type":"text","content":"Golden Cross Resources Targets Potential High-Grade Gold SystemGolden Cross is advancing exploration 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 11m at 31.4 g/t gold and 2m at 174.42 g/t gold1 Recent soil geochemical sampling identified a ~3km-long gold-in-soil geochemical anomaly Vancouver, British Columbia--(Newsfile Corp. - May 8, 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 provide an update on its Reedy Creek Gold Project, in Victoria's prolific Lachlan Fold Belt. The Company's modern exploration approach, grounded in a proven structural model, is targeting known gold mineralization directly adjacent to the Sunday Creek gold discovery made recently by Southern Cross Gold.Figure 1: Golden Cross' Reedy Creek Project is located 10 km northeast of Southern Cross Gold's recent Sunday Creek gold discovery, in Victoria's prolific Lachlan Fold BeltTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/5159/251249_127c03b3e4c579f5_002full.jpgReedy Creek: Historic High-Grade Gold InterceptsLocated just 10 km northeast of Sunday Creek, historical drilling at Reedy Creek points to a potential high-grade gold system. Significant intercepts1 include:2.0m at 174.4 g/t gold11.0m at 31.4 g/t gold These shallow intercepts demonstrate very high gold grades but were never followed up with deeper or systematic drilling. Golden Cross intends to apply modern structural, geochemical, and geological tools to define its scale and continuity. ~3km Gold-in-Soil Anomaly Suggests Potential Large-Scale SystemSupporting a planned drill campaign this summer is a recently outlined gold-in-soil anomaly stretching more than 3 kilometers in length and running parallel to a regional anticline-similar in style to structures hosting mineralization at Sunday Creek. Gold-in-soil anomalies are critical early indicators of mineralized systems, especially in epizonal deposits where gold is often closely associated with fault zones and vein swarms near surface. The anomaly identified at ...