Southern Cross Gold increases drill rigs to 8 and updates regional programs at Sunday Creek скачать в хорошем качестве

Southern Cross Gold increases drill rigs to 8 and updates regional programs at Sunday Creek

Vancouver, Canada and Melbourne, Australia - Southern Cross Gold Consolidated Ltd (“SXGC”, “SX2” or the “Company”) (TSXV:SXGC) (ASX:SX2) (OTCPK:MWSNF) (Frankfurt:MV3.F) announces a drilling and geophysical exploration activity update. Two further diamond drill rigs will mobilize to Sunday Creek next week to increase the total number to eight rigs operating at the 100%-owned Sunday Creek gold-antimony project in Victoria, while multiple geophysical and soil programs continue. TIMELINE 0:10 De-risking the Sunday Creek project and making it bigger 0:30 Increasing the drilling capacity to accelerate conversion from Exploration Target to Resource 1:00 Where the 2 additional drill rigs will be assigned 2:00 Update on regional geophysical survey 2:15 Reporting updates on IP survey 2:30 How the Geophysical survey helps us "see" underground and find extensions to the structure 3:45 Commencing a trial using passive seismic technology 4:00 Fleet Space technology can help distinguish host structure mineralisation from the rocks outside of it 5:00 Using advanced technology tools to map the longer trend to a higher degree of accuracy to drill along the 12km of strike extent) 5:40 Antimony has been exempt from US Tariffs 6:30 Summary of announcement ======= Highlights:  Increased diamond drill rigs mobilized: Two further diamond drill rigs will mobilize to Sunday Creek over the next week to increase the total number to eight rigs operating, with the two additional rigs to focus on infill drilling. In summary: o Seven rigs will continue expansion and infill drilling in the 1.5 km long core drill area between Apollo and Christina o One rig will be dedicated to drilling regional targets along the 12 km mineralized trend and parallel trends, defined by historic workings, geophysics, geology and soil anomalies o For the next month, one rig will complete a geotechnical program (5 holes for 900 m) to establish the detailed nature of fault structures and rock quality in the areas of planned underground development for the Exploration Tunnel. This drill program, complemented by groundwater monitoring and environmental studies, will provide essential data to support the Exploration Tunnel application scheduled for Q3 2025 (announced 11th March, 2025).  Multiple geophysical programs ongoing (Figure 2): The previously announced Induced Polarisation (IP) geophysical survey is scheduled to finish during April 2025. o The IP survey has extended over 12 km2 and covers 6 km strike (of the 12 km) of the dyke and altered sediment hosted gold mineralized trend to cover significant historical mining areas including Tonstal, Leviathan, Consols and Aftermath. Parallel dyke trends have also been tested. Analysis and interpretation are now ongoing and further results will be released once complete. o Additionally, Fleet Space Technologies are now undertaking an orientation real time ANT (Ambient Noise Tomography) passive seismic and gravity survey at Sunday Creek. The survey area is approximately 3 km2 and covers the Sunday Creek core drill area. The Fleet sensors utilize satellite arrays for live data transfer and AI processing technology, with an aim to map the host dyke and altered sediment structure.  Regional soil sample programs ongoing: A large-scale 2,200 soil sample program is in progress, with approximately 45% completed. This program will infill previous sampling and expand coverage 5.3 km2 southward to test for parallel dyke trends (Figure 1).  Southern Cross Gold Consolidated notes that antimony ores and concentrates (HTSUS code 26171000) are exempt from the April 2, 2025 US Executive Order on Reciprocal Tariffs. ====== Refer to the TSCV & ASX release dated 7 April 2025, which can be found at www.southerncrossgold.com for full information including also the Gold Equivalent Calculation and Competent Person Statement & Contact person information. ====== Mentions in Video Fleet Space footage taken from  www.fleetspace.com/ Regulating Imports with a Reciprocal Tariff to Rectify Trade Practices that Contribute to Large and Persistent Annual United States Goods Trade Deficits. Executive Orders. April 2, 2025  www.whitehouse.gov/presidential-actions/2025/04/regulating-imports-with-a-reciprocal-tariff-to-rectify-trade-practices-that-contribute-to-large-and-persistent-annual-united-states-goods-trade-deficits/ Annex 2 exemption document noting the goods which shall not be subject to the ad valorem rates of duty under the order  www.whitehouse.gov/wp-content/uploads/2025/04/Annex-II.pdf