Xantippe Resources is pleased to confirm that drilling at its Southern Cross Gold Project, located south of the town of Southern Cross, Western Australia, is underway.
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Highlights:
- Drilling has commenced at the Southern Cross Gold Project, located in an area of Western Australia recognised as a prolific gold mining region, with existing processing infrastructure and +15Moz gold produced to date.
- 18 reverse circulation holes to be drilled for a total of 3,000m targeting high priority historical results including at1:
- Boodarding: LKD391: 3m @14.8 g/t Au from 94m (inc 1m @ 32.83 g/t Au)
LKA247: 3m @ 5.94g/t Au from 63m - Alpine/Roma: ALP10 – 5m @ 3.30g/t Au from 39m (inc 1m @ 12.70g/t Au)
RDH04 – 20m @ 1.59g/t Au from 58m
- Boodarding: LKD391: 3m @14.8 g/t Au from 94m (inc 1m @ 32.83 g/t Au)
- Drilling expected to take 3 weeks to complete, at which time all samples will be sent to an independent lab for analysis.
The drilling campaign will consist of up to 18 reverse circulation (RC) holes for a total ~3,000m. It has been designed to test below previously drilled depths at the Glendower and Xantippe prospects, which have previously generated high-grade gold intersections, expand the known mineralised zones of existing targets at Boodarding and Alpine/Roma prospects, as well as uncover new targets in prospective areas.
On the commencement of drilling Xantippe Managing Director Richard Henning said: “This program is seeking to extend some of the high?grade targets, which are well known and what attracted us to the Southern Cross region. Early observations of veining on the sediment / pegmatite intersections are very encouraging.The Southern Cross project is a large project area consisting of approximately 175km2 of consolidated tenure and the exploration plan will use a systematic approach to unlock a number of key targets.”
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- Refer ASX release dated 12 December 2019
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