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Golden Cross Resources ( (TSE:AUX) ) has shared an announcement.
Golden Cross Resources has confirmed a large, continuous orogenic gold system at its Reedy Creek Project, with gold mineralization intersected in every drillhole. The company has commenced maiden drilling at the high-priority Aurora Prospect, a historically significant site, marking a significant step in exploring for thicker, higher-grade gold zones. This development positions Golden Cross to potentially enhance its industry standing by tapping into deeper, more lucrative gold deposits, with pending assay results expected to further refine their exploration strategy.
More about Golden Cross Resources
Golden Cross Resources is a company operating in the mining industry, focusing on the exploration and development of gold mineralization systems. Their primary market focus is on orogenic gold systems, particularly in the Reedy Creek Project located in Victoria, Australia.
YTD Price Performance: 202.92%
Average Trading Volume: 639,014
Technical Sentiment Signal: Sell
Current Market Cap: C$31.22M
See more data about AUX stock on TipRanks’ Stock Analysis page.