Golden Cross resumes drilling at Aurora prospect, Australia
Golden Cross Resources Inc. [TSXV: AUX; OTCQB: ZCRMF; FSE: ZMLO] reported that drilling activities have resumed at the Aurora prospect, Australia, following the successful completion of the pilot geophysical survey by the company.
The survey has provided the company with an improved understanding of the depth and extent of historical workings at Aurora, enhancing its ability to target deeper mineralized structures beneath previously mined areas.
With drilling under way at Aurora, the company is also advancing geophysical programs across additional areas of the Reedy Creek Project, beginning with the Prince of Wales and Welcome Reef prospects, to refine and prioritize future drill targets.
This next phase of targeted drilling will comprise approximately 3,000 metres of diamond drilling, supported by results from the company’s geophysical programs, including induced polarization and magnetic surveys, as well as continuing work across other high-impact, high-grade gold prospects at Reedy Creek. Drill results from the current program will continue to assist in vectoring and refining subsequent drill targets. The campaign is expected to be completed in early fourth quarter.
Golden Cross Resources is focused on advancing the Reedy Creek gold project in Victoria, Australia. Located just 10 km from Southern Cross Gold’s Sunday Creek discovery, the project covers two contiguous tenements in one of Australia’s most active epizonal gold corridors.
Resource World Magazine Inc. has prepared this editorial for general information purposes only and should not be considered a solicitation to buy or sell securities in the companies discussed herein. The information provided has been derived from sources believed to be reliable but cannot be guaranteed. This editorial does not take into account the readers investment criteria, investment expertise, financial condition, or financial goals of individual recipients and other concerns such as jurisdictional and/or legal restrictions that may exist for certain persons. Recipients should rely on their own due diligence and seek their own professional advice before investing.