Southern Cross Gold Says Drilling at Victoria Prospect Returns 'Very High' Grades

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Southern Cross Gold Consolidated (ASX:SX2) said drilling at its Sunday Creek gold-antimony project in Victoria returned "very high" grades under the Rising Sun prospect, according to a Tuesday Australian bourse filing.

It encountered an intersection of 0.3 meters at 1,466.7 grams per tonne grade of gold-equivalent, including 1,466.4 g/t grade of gold and 0.1% grade of antimony from 886.7 meters.

Five drill holes added three composite intersections exceeding 100 g/t grade of gold, four between 50 and 100 g/t grades of gold, and eight individual gold assays above 50 g/t.

Its shares climbed 2% in recent trading on Tuesday.

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