SXG 2.15% $2.85 southern cross gold ltd

trading halt - cap raising, page-10

  1. 29,873 Posts.
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    on nov 9 2011, sxg released assay results for the vms (ie sulphides) intersection. the results included 2g/t gold. any gold from the copper bore prospect, will be in sulphides.

    watso is not sure, why sxg are drilling at copper bore - perhaps for no reason, to prove, that there is not much there.

    the area was extensively drilled about 40 years ago,by a company who were intent on finding a copper prospect. the intersection that watso mentioned, was close to an old hole.

    on the other hand, if sxg build a mill, nearby, then a small deposit, could be worthwhile. maybe to extract the gold, from the copper bore prospect, might mean nothing more, than adding an extra grinding circuit.
 
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