Tuesday, November 07, 2006
GOLDEN CROSS RESOURCES LTD
Golden Cross Resources provided results for 26 holes received during October, most of which were drilled within, or testing the margins of, the latest optimised pit model at the Copper Hill copper-gold project in Australia. Significant results include 38 m of 0.95% Cu and 3.01 g/t Au in a 72 m interval grading 0.61% Cu and 1.86 g/t Ag from surface (Open Cut Section - hole GCHR238), and 22 m of 1.26% Cu and 0.36 g/t Au in a 286 m interval averaging 0.42% Cu and 0.40 g/t Ag from 31 m depth (Hill Top - hole GHCR108). Total drilling to date for 2006 is 28,061 m, including 4,173 m of diamond drilling in 19 holes and 23,888 m of RC drilling in 308 holes. Approximately 6,700 m of drilling remains to be completed in the current program, including 15 resource holes for 2,850 m and 20 exploration holes for 3,850 m.
Property: COPPER HILL
(Complete Text of Nov 7, 2006 News Release) PDF