The KE Report

Golden Cross Resources - Exploration Update: Reedy Creek Project, Australia, Early Drilling & Resampling Results


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In this KE Report Company Update, Matt Roma, CEO of Golden Cross Resources (TSX.V:AUX – OTCQB:ZCRMF – FSE:ZMLO), joins us to discuss the company’s ongoing exploration at the Reedy Creek Gold Project in Victoria, Australia. Golden Cross recently completed its Phase 1 drill program and has already launched a fully funded 10,000-meter Phase 2 program with two rigs turning.

Key Discussion Highlights

Phase 1 Drilling Recap

  • Completed ~2,300 meters across the Reedy Creek Goldfield and Prince Of Wales target; results released from the first 3 holes.

  • Best intercept to date: 11 meters at just over 2 g/t gold.

  • Approximately 1,900 meters of assays still pending, expected over the coming months.

  • Phase 2 Program – 10,000 Meters Underway

    • Dual rigs testing multiple targets across the Reedy Creek Goldfield, including Welcome Reef, a historic high-grade field recently opened for modern exploration.

    • Program designed to vector toward feeder structures using pathfinder minerals like arsenic, stibnite, and antimony.

    • Geological & Exploration Insights

      • Arsenic halos near surface and stibnite (antimony) at depth mirror mineral signatures from nearby deposits like Costerfield and Fosterville mines.

      • Financial & Operational Overview

        • Treasury stands at ~C$5 million, fully funded drill program.

        • All-in drill costs: approximately C$230 per meter.

        • Click here to visit the Golden Cross Resources website. 


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          This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security. Investing in equities and commodities involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.

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