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Southern Cross Gold Drills 12.2 m @ 32.4 g/t Gold at Golden Dyke
Vancouver, British Columbia and Melbourne, Australia--(Newsfile Corp. - January 6, 2026) - Sout...
About this update from Southern Cross Gold Consolidated Ltd.
[{"type":"text","content":"Southern Cross Gold Drills 12.2 m @ 32.4 g/t Gold at Golden DykeVancouver, British Columbia and Melbourne, Australia--(Newsfile Corp. - January 6, 2026) - Southern Cross Gold Consolidated Ltd (TSX: SXGC) (ASX: SX2) (OTCQX: SXGCF) (FSE: MV3) (\"SXGC\", \"SX2\" or the \"Company\") announces results from four drillholes from the 100%-owned Sunday Creek Gold-Antimony Project in Victoria (Figures 1 to 5). Best results included 12.2 m @ 32.4 g/t Au from 447.0 m in drillhole SDDSC188, including the highest individual Au assay (0.2 m @ 1,050 g/t Au) in Golden Dyke to date.Five High Level Takeaways:Best Gold Discovery at Golden Dyke: Best gold intersection drilled at Golden Dyke to date - 12.2 m @ 33.3 g/t AuEq (32.4 g/t Au, 0.4% Sb) from 447 m depth. This confirms Golden Dyke as a major high-grade zone within the Sunday Creek project and ranks as the 15th best composite hit across the entire project.Exceptional Individual Gold Grades: A single sample returned 0.2 m @ 1,050 g/t Au (plus 0.55% Sb) from 452.7 m - the highest gold grade ever recorded at Golden Dyke. Two additional samples exceeded 250 g/t gold: 0.35 m @ 259 g/t Au (plus 1.45% Sb) and 0.18 m @ 301 g/t Au (plus 1.52% Sb), all within a high-grade core of 3.1 m @ 126.6 g/t AuEq.Growing System: The drilling intersected eight vein sets in total, including two new mineralized structures (GD82 and GD83) outside the current Exploration Target. These returned 0.2 m @ 29.8 g/t AuEq and 3.9 m @ 3.9 g/t AuEq respectively, with a 50 m to 70 m step-down from previous drilling - expanding the potential size of the deposit.Connected System Confirmed: SDDSC186W1 successfully intersected altered sediment between Golden Dyke and Rising Sun, linking these two areas. Major Exploration Upside: Golden Dyke has only been defined with confidence to 600 m below surface - much shallower than Rising Sun which extends to over 1,100 m. Michael Hudson, President & CEO states: \"SDDSC188 has delivered the best composite intersection in Golden Dyke to date with 12.2 m @ 33.3 g/t AuEq, including the highest individual gold assay in Golden Dyke at 0.2 m @ 1,050 g/t Au. This hole intersected eight vein sets in Golden Dyke, with two vein sets located outside the current Exploration Target, achieving a 50 m to 70 m step-down and adding significant tonnage potential to the system.\"Importantly,...