Southern Cross Gold Ltd. announces further high-grade gold and antimony mineralisation from a step-out from the most easterly extensions of Apollo at the 100%-owned Sunday Creek Project in Victoria. Two drill holes, SDDSC051 and SDDSC052, are reported here. The Sunday Creek epizonal-style gold project is located 60 km north of Melbourne within 19,365 hectares of granted exploration tenements.

SXG is also the freehold landholder of 132.64 hectares that forms the key portion in and around the drilled area at the Sunday Creek Project. Sunday Creek has a 10 km mineralised trend that extends beyond the drill area and is defined by historic workings and soil sampling which have yet to receive any exploration drilling and offers potential future upside. Drill holes SDDSC051 and SDDSC052 were drilled as 40 m step outs to test the most easterly extensions of the project at the Apollo prospect below historic mining areas from the 1880's. The holes are located 500 m east of drillhole SDDSC050 which was reported by SXG on 21 November and 14 December 2022.

SDDSC050 intersected a spectacular zone of mineralisation over 500 m and was drilled parallel to the host breccia dyke but at a high angle to the predominant NW high grade mineralisation trend. The new holes reported here, unlike SDDSC050, were drilled form the NE to SW at a high angle to both the high-grade NW vein set and the breccia dyke host. Therefore, by definition, holes drilled in this orientation will intersect zones of mineralisation over shorter intervals than SDDSC050.

SDDSC051 was drilled parallel to SDDSC052 intersected three separate high-grade veins sets. The same three veins sets were also observed in SDDSC051, in this case with anomalous arsenic and low levels of gold. Therefore, the hole was considered a near miss.

The development of gold bearing zones is restricted to the 50 m to 100 m wide host dyke breccia, with near miss intersections outside of this zone now able to be identified and traced towards higher grades, such as those located in SDDSC052. Further discussion and analysis of the Sunday Creek project is available through the interactive Vrify 3D animations, presentations and videos all available on the on the SXG website. This also includes an interview on these results with Managing Director Michael Hudson.

Drilling with three rigs is in progress at Sunday Creek at the Golden Dyke, Rising Sun and Apollo prospects. 11 holes (SDDSC53-60, 62, 63, 65) are being geologically processed and analysed, with three holes (SDDSC061/64/66) in drill progress.