Golden Cross Resources (ASX:GCR) Completes Copper Hill Gravity Survey
Survey Completion
Golden Cross Resources Ltd (ASX:GCR) announced the completion of a gravity survey over the Copper Hill Tenement EL6391 in Central NSW. Conducted by Daishsat Geodetic Surveys in February 2025, the survey covered 577 out of the planned 593 stations at 400m intervals, ensuring comprehensive data acquisition.
Data Interpretation
Mitre Geophysics undertook the initial analysis and interpretation of the gravity data in March 2025. The survey identified three significant gravity anomalies, indicating potential copper-gold mineralisation. These findings align with the geological characteristics of the Molong Volcanic Belt, known for hosting porphyry copper-gold deposits.
Future Plans
Golden Cross Resources plans to integrate the new gravity data with existing geochemical and geophysical information to identify exploration targets. Further exploration may include Induced Polarisation (IP) surveys and potential infill drilling at 100m spacings to enhance data resolution and target validation.
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