# Southern Cross Gold Hits 26.2 g/t Gold in First Deep Drilling Beneath Historic Redcastle Goldfield Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/southern-cross-gold-hits-26-2-g-t-gold-in-first-deep-drilling-beneath-historic-r--045ff8d9-07a2-40eb-a4c2-ddedbbeabd09 Original source: https://finance.yahoo.com/markets/commodities/articles/southern-cross-gold-hits-26-100000108.html Publisher: yahoo\_press Original announcement: 2026-07-15T10:00:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Southern Cross Gold Consolidated Ltd - Ticker: SX2 - Exchange: ASX - Region: Victoria - Primary commodity: Gold - Secondary commodities: None reported - Document categories: Drill results - Extracted: 2026-09-12 03:13:50 UTC Narrative sentiment: 0.60 · Bullish ## Minestarters Atlas summary Southern Cross Gold has announced high-grade gold drill results from its 100%-owned Redcastle Project in Victoria. The results include an intercept of 26.2 g/t Au over 0.14 m. Reasoning: The release reports a high-grade gold intercept of 26.2 g/t, but the interval is extremely narrow \(0.14 m\), limiting its immediate economic impact. - Positive factor: high-grade intercept - Negative factor: very narrow width Facts used in scoring: 2 ## Classification and evidence **Bonanza Intercept** Polarity: positive Definition: Exceptionally high-grade zone, well above the deposit-type norm. Why it applies: 26.2 g/t Au is a high-grade intercept for gold exploration. Evidence · text > 26.2 g/t Au **Apparent Width Only** Polarity: negative Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness. Why it applies: The reported intervals are very narrow and no true width is provided in the text snippet. Evidence · text > 0.14 m ## Extracted facts Stored fact records: 2. Some facts used in scoring do not have a stored record. ## Drill Results (2) ### Fact 1 [Link to this fact](https://atlas-extractions.minestarters.com/news/southern-cross-gold-hits-26-2-g-t-gold-in-first-deep-drilling-beneath-historic-r--045ff8d9-07a2-40eb-a4c2-ddedbbeabd09#fact-drill-facts-0) Redcastle · gold Needs review: drill\_no\_hole\_id #### Identity - Project: Redcastle - Commodity: gold - Region: australia\_vic - Reported Region: australia\_vic - Ticker: SX2 #### Geometry - Grade: 26.2 - Grade Unit: g/t - Intercept: 0.14 m - From: 112.98 m - To: 113.12 m - Intercept Depth: 112.98 m #### Classification - Program: exploration - Sample Type: drill - Group ID: Redcastle:112.98-113.12 #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-15T00:00:00.000Z Reasoning: High grade of 26.2 g/t Au is exceptional, but the 0.14 m width is very narrow. - Positive factor: exceptional grade - Negative factor: narrow width Evidence · text > 26.2 g/t Au over 0.14 m from 112.98 m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Redcastle is located 64 km to the NNW of the Company's Sunday Creek project \(Figure 7\).Best results included 26.2 g/t Au" ### Fact 2 [Link to this fact](https://atlas-extractions.minestarters.com/news/southern-cross-gold-hits-26-2-g-t-gold-in-first-deep-drilling-beneath-historic-r--045ff8d9-07a2-40eb-a4c2-ddedbbeabd09#fact-drill-facts-1) Redcastle · gold Needs review: drill\_no\_hole\_id #### Identity - Project: Redcastle - Commodity: gold - Region: australia\_vic - Reported Region: australia\_vic - Ticker: SX2 #### Geometry - Grade: 15.4 - Grade Unit: g/t - Intercept: 0.22 m #### Classification - Program: exploration - Sample Type: drill #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-07-15T00:00:00.000Z Reasoning: Strong grade of 15.4 g/t Au over a very narrow 0.22 m interval. - Positive factor: strong grade - Negative factor: narrow width Evidence · text > 15.4 g/t Au over 0.22 m from... #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Redcastle is located 64 km to the NNW of the Company's Sunday Creek project \(Figure 7\).Best results included 26.2 g/t Au" ## How Atlas produces this analysis Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.