Southern Cross Gold Reports Significant Drilling Results at Golden Dyke and Rising Sun

Tuesday, 23 July 2024, 14:46

On July 23, 2024, Mawson Gold Limited announced that Southern Cross Gold Ltd. is expanding mineralization at its Golden Dyke project, located in Canada. Recent diamond drilling revealed impressive results, including 3.4 meters at 53.7 g/t gold and 0.4 meters at 291.3 g/t gold at the Rising Sun site. Additionally, a fifth drill rig is being added to accelerate exploration efforts. These developments are crucial for the company's growth in the TSX Venture Exchange, highlighting significant opportunities in the resource sector.
Boerse-express
Southern Cross Gold Reports Significant Drilling Results at Golden Dyke and Rising Sun

Southern Cross Gold Expands Mineralization

On July 23, 2024, Mawson Gold Limited announced a major update regarding the operations of Southern Cross Gold Ltd.. The company has successfully expanded its mineralization at the Golden Dyke project, significantly enhancing its exploration potential.

Key Drill Results

Recent results from four diamond drill holes have shown remarkable potential at both the Golden Dyke and Rising Sun sites:

  • 3.4 meters at 53.7 g/t gold
  • 0.4 meters at 291.3 g/t gold

Increased Exploration Efforts

The addition of a fifth drill rig to the project will further enhance the exploration capabilities of Southern Cross Gold, positioning it for further success in the competitive mining landscape.

Conclusion

The advancements made by Southern Cross Gold at its Golden Dyke project represent a significant milestone for the company and the overall resource sector. These high-grade drilling results not only showcase the potential for future discoveries but also align well with investment strategies in the TSX Venture Exchange.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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