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Southern Cross Gold Drills Deepest Hole on Project, Gold Hit 460 Metres Below Golden Dyke
Vancouver, Canada and Melbourne, Australia--(Newsfile Corp. - April 9, 2026) - Southern Cross G...
About this update from Southern Cross Gold Consolidated Ltd.
[{"type":"text","content":"Southern Cross Gold Drills Deepest Hole on Project, Gold Hit 460 Metres Below Golden DykeVancouver, Canada and Melbourne, Australia--(Newsfile Corp. - April 9, 2026) - Southern Cross Gold Consolidated Ltd (TSX: SXGC) (ASX: SX2) (OTCQX: SXGCF) (FSE: MV3) (\"SXGC\", \"SX2\" or the \"Company\") announces that its deepest drill hole at the 100%-owned Sunday Creek Gold-Antimony Project in Victoria has intersected gold mineralization 460 metres below Golden Dyke, confirming the system persists to record depth (Figures 1 to 5).Four High Level Takeaways:Mineralization confirmed 460 m below previous intersected gold at Golden Dyke: SDDSC194W1 intersected a wide zone of 66 m of dyke and altered sediment (interpreted true width of 28 m) at approximately 1,236 m vertically below surface, with gold mineralization present including 0.9 m @ 5.4 g/t AuEq (5.4 g/t Au, 0.0% Sb) over a broader 17 m zone. The mineralizing system remains open and active at substantial depth.Significantly beyond the exploration target: The hole extended approximately 490 m below the defined exploration target at Golden Dyke, materially expanding the potential depth extent of the deposit and confirming scale comparable to mineralization depths discovered at the Rising Sun prospect.Fluid chemistry is right at depth: Arsenic-to-antimony ratios observed in the deep drilling are consistent with expected geochemical zonation changes, providing strong vectoring confidence that the system retains the correct fluid signature at these levels.Geometric framework established for future deep drilling: The south-to-north orientation of this control program establishes a framework that allows future holes to cross the mineralized system in an east-west orientation at a high angle, optimizing future intercept geometry and enabling more efficient testing of the deposit as the Company continues to systematically expand the scale of Sunday Creek at depth.Michael Hudson, President & CEO states: \"This is a milestone hole for Sunday Creek. SDDSC194W1 was designed to answer a simple but critical question: does the system persist at depth well beyond our current exploration target? The answer is yes. In a bold step-out to untested depths, at 1,236 m below surface and 460 vertical metres below the last known mineralization at Golden Dyke, we intersected 66 m of dyke and altered sed...