What's Happening?
Southern Cross Gold Consolidated Ltd has reported significant findings from its recent drilling activities at the Apollo and Apollo East prospects within the Sunday Creek project. The company has successfully extended high-grade mineralization 75 meters east and 115 meters down-dip, revealing exceptional gold and antimony grades. These results expand the exploration target and confirm the continuity of the mineral system at greater depths.
Why It's Important?
The discovery of high-grade extensions at Sunday Creek is crucial for Southern Cross Gold as it enhances the company's position in the gold and antimony mining industry. This development could lead to increased investor interest and potential growth in market value. The findings may also influence future mining strategies, offering opportunities for expanded resource extraction and economic benefits for stakeholders.
What's Next?
Southern Cross Gold may focus on further exploration and development activities at Sunday Creek to capitalize on the newly discovered mineralization. The company could announce additional drilling programs or partnerships to advance its mining operations. Investors and industry analysts will be monitoring the company's progress and any updates on resource estimates or production plans.
