Southern Cross Gold (ASX:SX2) reported high-grade gold mineralization as a result of drilling at the Christina prospect, part of the Sunday Creek gold-antimony project in Victoria, according to a Thursday Australian bourse filing.
The drilling resulted in an intercept of 1.7 meters at 204.1 gram-per-tonne grade of gold at about 450 meters below the surface, 350 meters down-dip from previous drilling.
12 drill holes are currently being processed and analyzed, with five holes in progress, the filing said. It is also planning a 60-kilometer drill program through the third quarter.