SXG DISCOVERS 135-METRE-WIDE GOLD-ANTIMONY ZONE BELOW THE HISTORIC GOLDEN DYKE MINE

SXG DISCOVERS 135-METRE-WIDE GOLD-ANTIMONY ZONE BELOW THE HISTORIC GOLDEN DYKE MINE
Includes 11.9m @ 5.3 g/t AuEq, 12.6m @ 8.0 g/t AuEq and 8.7m @ 4.6 g/t AuEq
Melbourne, Australia - Southern Cross Gold Ltd (“SXG” or the “Company”) (ASX:SXG) announces a new and large gold-antimony discovery drilled 100 m to 150 m below the largest historic mine at the 100%-owned Sunday Creek Gold-Antimony Project in Victoria (Figure 5 in the 5/9/24 ASX announcement).
HIGHLIGHTS
• SDDSC130, reported here, shows the development of a third large, mineralised body developing beneath the most prolific historic mine at Sunday Creek. The new discovery is located 600 m and 260 m west, respectively of the Apollo and Rising Sun mineralised bodies modelled in the Company’s January 2024 Exploration Target.
• SDDSC130 drilled seven high-grade vein sets over a 230 m down hole interval (135 m estimated true width (“ETW”) below the most prolific Golden Dyke historic mining area at Sunday Creek. The hole included ten occurrences of visible gold, nine assayed intervals greater than 20 g/t Au (up to 124 g/t Au) & ten assayed intervals greater than 5% Sb (up to 31.5% Sb).
• Broad downhole intercepts (no lower cut) included 214.4 m @ 1.3 g/t AuEq (1.1 g/t Au, 0.1% Sb) from 320.4 m including 94.5 m @ 2.3 g/t AuEq (1.5 g/t Au, 0.4% Sb) from 419.1 m. Selected highlights include (Figures 1 and 2).
o 11.9m @ 5.3 g/t AuEq (4.7 g/t Au, 0.4% Sb) from 357.7 m, inc:
 0.2m @ 54.7 g/t AuEq (44.2 g/t Au, 5.6% Sb) from 358.3 m
 3.8m @ 10.7 g/t AuEq (9.8 g/t Au, 0.5% Sb) from 359.8 m
o 12.6m @ 8.0 g/t AuEq (5.8 g/t Au, 1.2% Sb) from 419.1 m, inc:
 1.1m @ 7.4 g/t AuEq (5.4 g/t Au, 1.0% Sb) from 420.7 m
 1.5m @ 8.5 g/t AuEq (7.7 g/t Au, 0.4% Sb) from 425.7 m
 0.9m @ 75.8 g/t AuEq (56.2 g/t Au, 10.4% Sb) from 429.7 m
o 8.7m @ 4.6 g/t AuEq (2.3 g/t Au, 1.3% Sb) from 498.8 m, inc:
 0.2m @ 25.0 g/t AuEq (20.9 g/t Au, 2.2% Sb) from 498.8 m
 1.2m @ 17.1 g/t AuEq (7.6 g/t Au, 5.0% Sb) from 500.7 m
 1.1m @ 5.7 g/t AuEq (2.3 g/t Au, 1.8% Sb) from 505.3 m
• SDDSC130 remains open in an up & down dip sense and is the first hole of several east to west trending holes (SDDSC132, 138, 141) to test beneath the Golden Dyke mine area. Nineteen holes are currently being processed & analysed with an additional five holes in progress.
Michael Hudson, Managing Director of SXG states: "Game on! The scale of the Sunday Creek gold-antimony system continues to grow impressively. With this new discovery located 600 m and 260 m west of the Apollo and Rising Sun mineralised bodies, we are fast tracking our way to meet our aims to double the size of the Sunday Creek exploration target over the coming year, with 60 km of diamond drilling planned with five rigs currently operating and a sixth due to join in October. Golden Dyke now joins Rising Sun and Apollo as the third high-grade mineralised domain in this exciting project.
“This new discovery came quickly following our systematic drill approach to target the main dyke breccia host structure (the “rails” of the ladder) by N-S drilling, as reported in previous drillholes SDDSC125-126. Now we have been able to drill the first drill hole in an E-W orientation drilled beneath the historic Golden Dyke mine, at a high angle to seven high-grade vein sets (the “rungs” of the ladder) over 230 m down hole interval (135 m ETW).
“The mineralisation intersected in SDDSC130 remains open both up and down dip, as well as 500 m to the west towards the historic Christina mine. Three additional E-W holes (SDDSC132, 138, 141 - Figures 1 and 2) have been completed or in progress with results pending. Given this discovery, the Company has already planned a significant number of further holes under Golden Dyke.”
For complete information please refer to the announcement released to the ASX on 5/9/24 which can be viewed at www.southerncrossgold.com.au. Please also refer to the disclaimer found at the end of the video and below.
Important Note - Not financial advice
This video is provided for information purposes only and should not be construed as offering financial advice. Please consult professional advice before making any investment decisions, Southern Cross Gold Ltd may not be suitable for your investment needs.
Competent Person Statement
Information in the announcement that relates to new metallurgical results contained in this report is based on information compiled by Mr. Craig Brown, a Fellow of the Australasian Institute of Mining and Metallurgy can be found in the ASX Announcement.
Important Note: The potential quantity and grade of the Exploration Target is conceptual in nature
and therefore is an approximation. There has been insufficient exploration to estimate a Mineral Resource
and it is uncertain if further exploration will result in the estimation of a Mineral Resource.
The Exploration Target has been prepared and reported in accordance with the 2012 edition of the JORC Code.