Cargo Drilling Program testing near-surface gold intersections from previous drilling

Cargo Drilling Program testing near-surface gold intersections from previous drilling at the Spur-Dalcoath Lodes of 17 metres at 5.3 g/t gold, 2 metres at 44 g/t gold, 54 metres at 1.1 g/t gold and 16 metres at 3.86 g/t gold.

Golden Cross Resources (GCR) has completed the first round of core drilling at the Spur-Dalcoath gold targets within the Cargo Project. The Cargo Goldfield lies 15 kilometres west of Cadia and has been mined intermittently for over 140 years. Previous explorers, Billiton Australia (Shell Metals) and Cyprus Gold, drill-tested several anomalous gold zones in the 1970’s and 1980’s and defined what may be, potentially, payable bodies of nearsurface gold mineralisation. GCR followed up with extensive drilling here in the late 1990’s.

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