Business
Golden Cross Reports Results up to 27g/t Au from Maiden Drilling at Aurora and Provides Exploration Update
Vancouver, British Columbia--(Newsfile Corp. - March 31, 2026) - Golden Cross Resources (TSXV: AUX) (OTCQB: ZCRMF) (FSE: ZMLO) ("Golden Cross" or the "Company") is pleased to provide updates to its ongoing exploration at the Reedy Creek Project, Victoria, Australia.Recent drilling at Reedy Creek and Welcome Reef has confirmed strong and consistent gold mineralisation, while validating key elements of the Company's structural model, marking a significant step forward in unlocking the scale and...
About this update from Golden Cross Resources Ltd
Vancouver, British Columbia--(Newsfile Corp. - March 31, 2026) - Golden Cross Resources (TSXV: AUX) (OTCQB: ZCRMF) (FSE: ZMLO) ("Golden Cross" or the "Company") is pleased to provide updates to its ongoing exploration at the Reedy Creek Project, Victoria, Australia. Recent drilling at Reedy Creek and Welcome Reef has confirmed strong and consistent gold mineralisation, while validating key elements of the Company's structural model, marking a significant step forward in unlocking the scale and continuity of the broader system. Highlights At the Aurora Prospect, shallow drilling has returned high-grade gold intercepts, including 0.4m @ 27.0 g/t Au from 80.07m in AUD003 and 0.3m @ 5.35 g/t Au from 84.5m in AUD004, highlighting the presence of high-grade shoots within the broader mineralised system. "These results mark a significant step forward in unlocking the potential of our gold system. The confirmation of our structural model, coupled with the high-grade shallow intercepts at Aurora, gives us increasing confidence in both the scale and continuity of mineralisation across the project. Importantly, we are now seeing consistent geological signatures across multiple targets, which supports our view that this is a district-scale opportunity. As we integrate geophysics and advance drilling to test deeper, 'Fosterville-style' targets, we believe we are well positioned to deliver value through discovery," said Golden Cross CEO Matthew Roma. The maiden drilling program at Welcome Reef also returned notable intercepts, including 2.7m @ 1.19 g/t Au from 378m containing a higher grade 0.7m @ 3.65 g/t Au in WMD002. Additional significant intercepts include: To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/5159/290615_6d4869b7940e8a26_001full.jpg Drilling at Aurora intersected multiple gold-bearing tension veins, which propagate out from a Primary Shear running parallel to the Reedy Creek anticline, consistent with the company's structural model. Structural Modelling suggests fluid flow within the shear and potential dilation within shear margins and surrounding tension veins. Significant intercepts at Aurora include 0.4m @ 27.0 g/t Au from 80.07m in AUD003 and 0.3m @ 5.35 g/t Au from 84.5m in AUD004, highlighting the presence of high-grade shoots within the broader minerali...
View stock analysis, news, and events for Golden Cross Resources Ltd