GCR receives raw data from its HELITEM survey near Gilgunnia

GCR has received raw data from its HELITEM® survey near
Gilgunnia, south eastern Cobar Basin.

Golden Cross Resources Ltd (ASX code: GCR) has received raw airborne Electro-Magnetic (EM) and magnetic data from Fugro Airborne Surveys from its Delaney’s Block – Four Mile
South, Burthong, Guapa and Kilparney survey areas within its Rast Group of tenements near Gilgunnia, central NSW. Final data products will be available between 18th and 22nd October.
In-house and external processing has commenced on the Delaney’s-Four Mile South raw data set and several encouraging anomalies have emerged which require follow-up ground

Sydney-based consultant, Fender Geophysics, has been retained to conduct ground EM surveys. The Fender crew commenced work on the Delaney’s Block – Four Mile South
exploration licences over the weekend.

Click here to download the full release as a pdf file