Business
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 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,...
About this update from Golden Cross Resources Ltd
[{"type":"list","items":[{"val":[{"type":"text","content":"First-ever drilling at Shepherd's Hill and Welcome Reef – historically producing goldfields worked only by artisanal miners in the past.","length":140,"tagName":"p"}]},{"val":[{"type":"text","content":"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.","length":177,"tagName":"p"}]},{"val":[{"type":"text","content":"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.","length":178,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":495,"olType":false},{"type":"text","content":"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.","length":642,"tagName":"p"},{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","className":"","disableSlideshowImg":false,"size":{"original":{"width":550,"height":389,"url":"https://media.zenfs.com/en/newsfile_64/68dec4e3bd5203f54a282b4b51857be6"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/dHc_cSIiDZ.446VUO4fUAQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTY3OTtjZj13ZWJw/https://media.zenfs.com/en/newsfile_64/68dec4e3bd5203f54a282b4b51857be6","width":550,"height":389}},"href":"https://images.newsfilecorp.com/files/5159/263696_1a0ceaea74795aa7_002full.jpg","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"Figure 1 – Reedy Creek Goldfield Prospects","length":42,"tagName":"p","attribs":{}},{"type":"text","content":"To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/5159/263696_1a0ceaea74795aa7_002full.jpg","length":137,"tagName":"p","attribs":{}},{"type":"...