Results from three drill holes demonstrate both wide zones of mineralisation as well as high-grade structures at the strike extensions of the Apollo shoot over a strike of 30m.

A standout hit of 40m at 1g/t gold equivalent, including 0.6m at 16.4g/t gold equivalent and 0.2m at 30.9g/t gold equivalent shows lateral continuity and expansion of known mineralisation as Southern Cross Gold (ASX:SXG) continues to drill out the mineralised body.

But SXG hasn’t just stumbled across high-grade gold – high-grade antimony structures have also been intersected in ALL holes.

All three drill holes tested the near surface and strike extensions of the Apollo shoot and SXG says the presence of high grades of gold included within broad lower grade halos at the edges of the shoot warrants further drilling to define the horizontal limits of the shoot.

Key results from three drill holes

Drilling highlights from hole SDDSC035 include 42.4m at 1g/t gold equivalent (0.8g/t gold and 0.1% antimony) from 87.8m including 0.6m at 16.4g/t gold equivalent (16.4g/t gold) from 100.5m, and 0.2m at 30.9g/t gold equivalent (3.2g/t gold and 17.5% antimony) from 111.4m.

Other holes, like SDDSC036, hit 12.4m at 1.9 gold equivalent (1.4g/t gold and 0.3% antimony) from 160m while SDDSC034 – which was drilled to test near surface extensions of the Apollo area – intersected 9m at 1.9g/t gold equivalent (1.8g/t gold and 0.1% antimony) from 43.8m.

Second drill rig to mobilise in coming week

SXG managing director Michael Hudson says the company now looks forward to providing results of prioritised drilling that targeted the follow-up of drillhole SDDSC033 with drill holes SDDSC038-39.

“These holes directly targeted above and below the axis of the main Apollo shoot and are now in the laboratory and in progress respectively,” he says.

“The second drill rig will be mobilised to the Sunday Creek drill site in the coming week.”

 

This article was developed in collaboration with Southern Cross Gold, a Stockhead advertiser at the time of publishing.

This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.