Southern Cross Gold Strikes 9.2m at 34.6 g/t AuEq in Golden Dyke Expansion
Southern Cross Gold Consolidated Ltd has reported exceptional high-grade drill results from its Golden Dyke prospect, confirming a robust gold-antimony system within the Sunday Creek Project. The standout intercept includes 9.2 meters at 34.6 g/t gold equivalent, highlighting significant resource expansion potential.
- 9.2m @ 34.6 g/t AuEq including 0.2m at 986 g/t Au and 7.4% Sb
- Golden Dyke mineralization shows continuity and extensions along strike and downdip
- High-grade gold-antimony system comparable to Rising Sun deposit but less drilled
- Antimony contributes ~20-24% of gold equivalent value, enhancing strategic importance
- Ongoing multi-rig drilling program targeting resource growth through 2027
Exceptional Drill Results at Golden Dyke
Southern Cross Gold Consolidated Ltd (ASX – SX2) has unveiled a series of outstanding drill results from its Golden Dyke prospect, part of the 100%-owned Sunday Creek Project in Victoria, Australia. The highlight intercept from drill hole SDDSC184A includes 9.2 meters grading 34.6 grams per tonne gold equivalent (AuEq), comprising 32.2 g/t gold and 1.0% antimony. Within this interval, individual samples reached extraordinary grades of 986 g/t gold and 7.4% antimony at a depth of 604.8 meters.
A Robust and Expanding Mineralized System
The drilling confirms Golden Dyke as a robust, high-grade gold-antimony system with substantial width and grade continuity. Systematic infill and step-out drilling have extended mineralization by 20 meters along strike and 65 meters downdip, demonstrating consistent grade continuity across multiple vein sets. Notably, Golden Dyke exhibits similar geological and mineralogical characteristics to the nearby Rising Sun deposit, including ultra-high grades, frequent visible gold, and elevated antimony levels, but has been significantly less drilled to date, with only 35 meters of strike defined.
Strategic Importance of Antimony
Antimony, a critical metal used in defense, semiconductor, and flame retardant applications, contributes approximately 20-24% of the gold equivalent value at Sunday Creek. This dual-metal profile enhances the project's strategic value amid tightening global antimony supply, especially given recent export restrictions imposed by China, which dominates global antimony markets. Southern Cross Gold’s project is positioned as one of the few significant western sources of high-quality antimony, potentially feeding critical supply chains.
Ongoing Drilling and Metallurgical Advances
The company is actively drilling with multiple rigs and expects to deliver a continuous flow of results through to early 2027. Metallurgical testing has demonstrated strong gold and antimony recoveries, with preliminary processing studies indicating the potential for conventional gravity flotation methods to produce high-grade concentrates. These technical fundamentals underpin the project's economic potential and support further resource expansion efforts.
Positioning in a Tier-One Jurisdiction
Located in Victoria, Australia, a well-established mining jurisdiction, the Sunday Creek Project benefits from strong infrastructure and regulatory support. Southern Cross Gold’s extensive landholding, including freehold ownership, and its strategic drilling program position it well to advance this emerging large-scale gold-antimony deposit. The company’s inclusion in the US Defense Industrial Base Consortium further highlights the project's relevance to critical mineral supply chains.
Bottom Line?
Southern Cross Gold’s Golden Dyke results reinforce Sunday Creek’s potential as a world-class gold-antimony deposit, with ongoing drilling poised to unlock further value.
Questions in the middle?
- How will continued drilling refine the resource size and grade at Golden Dyke?
- What are the next steps for metallurgical testing and processing plant design?
- How might evolving antimony market dynamics influence project economics and financing?
