Southern Cross Gold Extends Golden Dyke 200 Metres West 16 Vein Sets - Includes 1.8 m @ 79.9 g/t Gold
Southern Cross Proves Strike Extension as Victorian Discovery Scales Toward Resource Reality
The most recent news release dated February 18, 2026, reports drilling results from hole SDDSC208 at the 100%-owned Sunday Creek Gold-Antimony Project in Victoria, Australia. The key highlight is a 200-metre westward extension of the Golden Dyke prospect. The hole intersected 16 vein sets across a 420-metre mineralized interval. High-grade results include 1.8 m @ 79.9 g/t Au (80.5 g/t AuEq) and 0.41 m @ 111.5 g/t Au. The company currently has nine operational drill rigs with 41 holes pending assay results. This release follows a systematic exploration program that has now reported 113,556 metres of drilling across 243 holes.
The impact is materially positive for three reasons: - Strike Extension: The 200-metre extension effectively doubles the prospective area of the Golden Dyke system. By identifying ten new vein sets between the Golden Dyke and Christina prospects, the company is proving that these previously separate zones are likely part of a single, large, connected mineralized system. - Systematic De-risking: The project now boasts 79 composite intersections exceeding 100 g/t Au. The hit rate remains exceptionally high relative to the industry average for exploration-stage assets. - Critical Minerals Value: While gold is the primary driver, the continued interception of high-grade antimony (e.g., 1.2% to 1.3% Sb in sub-intervals of SDDSC208) reinforces the project's strategic value during a period of Chinese export restrictions. Antimony provides roughly 20-24% of the in-situ value, acting as a significant byproduct credit that could lower future AISC (All-In Sustaining Costs).
Southern Cross Gold Consolidated Ltd is focused on the Sunday Creek Project in the Melbourne Structural Zone of Victoria, Australia. The project is an epizonal gold-antimony deposit, geologically analogous to the high-grade Fosterville and Costerfield mines. The flagship project covers over 16,900 hectares, with the company owning over 1,000 hectares of freehold land, which significantly simplifies the permitting and development path.