Disseminated on behalf of Golden Cross Resources
A few months ago, we flagged Golden Cross Resources as one of the most promising exploration stories in Victoria, Australia, right next door to Southern Cross Gold’s $1B+ Sunday Creek discovery.
Now, the company’s follow-up results are confirming exactly what early investors were hoping for: a high-grade gold system with scale, momentum, and the funding to see it through.
A High-Grade Discovery Taking Shape
Golden Cross recently reported new assays from its Phase 1 program:
10.8 meters @ 2.08 g/t gold, including a blistering 0.5 meters @ 24.4 g/t.
Translation: They struck lots of gold.
That’s not background noise, that’s the kind of intercept that validates the broader system. Combined with previous surface results and the 3 km-long gold-in-soil anomaly at Reedy Creek, the data continues to point to a large, fertile gold corridor.
With these hits in hand, the company has already launched its Phase 2 drill program—a 10,000-meter campaign that’s now fully funded and running two rigs in tandem.
The Setup: Funded, Focused, and in the Right Place
Golden Cross is one of the few juniors in the Victorian goldfields with both capital in the bank (~C$5 million) and no near-term financing pressure.
That gives management the flexibility to focus on results, not dilution. Insiders remain heavily aligned, holding roughly 30% of outstanding shares, while institutional backing from Jupiter Asset Management continues to validate the story.
The company’s share price has cooled off since its early-October highs, consolidating near US$0.45, a level that could set the stage for the next leg up as fresh assays start to roll in this quarter.
Why It Matters
Victoria isn’t just another gold district, it’s home to Fosterville, one of the richest gold mines on Earth.
Southern Cross Gold’s $1B market cap at Sunday Creek proved what’s possible when exploration success meets market timing. And with nearly identical geology, a massive land package, and early data that mirrors Sunday Creek’s pre-discovery phase, Golden Cross is emerging as one of the purest leveraged plays on discovery in the region.
What’s Next
The next catalysts are coming fast:
Additional Phase 1 assays to confirm the continuity of mineralization.
Early intercepts from Phase 2 drilling, expected in Q4 2025.
Potential geophysical reinterpretations and new target zones as the company integrates its expanding dataset.
If the results continue trending upward, Golden Cross could quickly shift from early-stage explorer to full-fledged discovery story, exactly the kind of setup that’s been driving outsized returns across the junior gold space this year.
The Bottom Line
A fully funded 10,000-meter program.
Two rigs running.
High-grade assays in hand.
And a seat in one of the most prolific gold belts in the world.
For investors looking for asymmetric exposure to a potential new gold discovery…Golden Cross Resources is still flying under the radar.
👉 Read our UPDATED research report on Golden Cross
Disclaimer: Cashu Markets has received compensation from Golden Cross Resources Inc. for content creation and distribution. This newsletter is not investment advice. Always conduct your own due diligence before investing.