Mike Fagan,
Editor
Oct. 7, 2025
Golden Cross Resources Corp. (TSX-V: AUX)(OTC: ZCRMF) — currently trading around C$0.75 per share in a record gold market — has reported positive initial assays confirming orogenic-style gold mineralization at its 100%-owned Reedy Creek Project in Victoria, Australia.
The flagship project sits within one of the world’s most productive gold belts — host to Fosterville and Costerfield — and lies just 10 km from Southern Cross Gold’s Sunday Creek discovery, a billion-dollar success that has drawn global attention to the region’s high-grade epizonal gold corridors.
Assays from the first three holes of Phase-1 drilling at the Prince of Wales target have returned significant gold mineralization, including 10.8 meters grading 2.08 grams per tonne gold (g/t Au) from 28 meters with a high-grade interval of 0.5 meters at 24.4 g/t Au.
Resampling of historical core further validates the emerging system, highlighted by 23 meters at 3.01 g/t Au, 9 meters at 3.64 g/t Au, and 10 meters at 2.81 g/t Au.
Golden Cross Resources CEO Matthew Roma — whom you’ll hear from in our exclusive interview just ahead — commented on the early assay results and the growing evidence of a deeper, high-grade Victorian-style gold system at Reedy Creek via press release:
“The geological interpretations identified to date are very encouraging, suggesting a strong possibility that this area could host a significant ‘Victorian-style’ gold deposit at greater depths. With a fully funded Phase-2, 10,000m drill program, our primary objective is to vector into the source of this gold system.”
Additional geological indicators further strengthen the model, pointing to continuity at depth. Notably, visible gold (VG) was observed in core at a depth of 40.5 meters in hole PWD004, while stibnite, an ore of antimony, was identified within a quartz vein in hole SHD002.
Those features — including laminated quartz veins, strong arsenic halos, and broader alteration zones — are hallmark signatures of Victorian-style orogenic gold systems, indicating that current drilling has intersected the upper portion of a potentially larger, high-grade system at depth at Reedy Creek.
Drilling to date totals approximately 2,300 meters across 10 holes from Phase-1 with assays pending for the remaining seven holes. A fully funded 10,000-meter Phase-2 program is now underway with multiple rigs testing new targets to zero in on the heart of the system.
Adding to the excitement, Golden Cross’s systematic advancement of Reedy Creek comes as gold continues to hit new all-time highs above US$4,000 per ounce — buoyed by growing expectations of a Federal Reserve rate cut and heightened geopolitical uncertainty in the US, France, and Japan.
Early drilling has already hit high-grade gold in the first few holes, setting the stage for what could become a significant new discovery, potentially rivaling other standout gold finds emerging from Victoria’s world-class gold corridor.
For a deeper dive, our own Gerardo Del Real of Junior Resource Monthly caught up with Golden Cross Resources CEO Matthew Roma to discuss the early results, the emerging Victorian-style gold system, and next steps in the ongoing drill campaign. Please enjoy!
For additional information on Vancouver-based Golden Cross Resources, be sure to contact the company’s IR department at 778-726-3356 or via email at info@goldencrossresources.com.
Sign up to receive updates directly from Golden Cross Resources here. View the most recent Corporate Presentation here.
Yours in profits,
Mike Fagan
Editor, Resource Stock Digest
IMPORTANT DISCLAIMER & DISCLOSURES
Resource Stock Digest, as a publisher, is not a broker, investment advisor, or financial advisor in any jurisdiction.
Please do not rely on the information presented by Resource Stock Digest as personal investment advice.
If you need personal investment advice, kindly reach out to a qualified and registered broker, investment advisor, or financial advisor.
The communications from Resource Stock Digest should not form the basis of your investment decisions. Examples we provide regarding share price increases related to specific companies are based on randomly selected time periods and should not be taken as an indicator or predictor of future stock prices for those companies.
Golden Cross Resources has sponsored this report.
The information in this newsletter does not constitute an offer to sell or a solicitation of an offer to buy any securities of a corporation or entity, including U.S. Traded Securities or U.S. Quoted Securities, in the United States or to U.S. Persons. Securities may not be offered or sold in the United States except in compliance with the registration requirements of the Securities Act and applicable U.S. state securities laws or pursuant to an exemption therefrom.
Any public offering of securities in the United States may only be made by means of a prospectus containing detailed information about the corporation or entity and its management as well as financial statements. No securities regulatory authority in the United States has either approved or disapproved of the contents of any newsletter. Neither Resource Stock Digest nor any employee of Resource Stock Digest is registered with the United States Securities and Exchange Commission (the “SEC”): as a “broker-dealer” under the Exchange Act, as an “investment adviser” under the Investment Advisers Act of 1940, or in any other capacity. Resource Stock Digest, its owners, directors, and employees are also not registered with any state securities commission or authority as a broker-dealer or investment advisor or in any other capacity.
HIGHLY BIASED:
In our role, we aim to highlight specific companies for your further investigation; however, these are not stock recommendations, nor do they constitute an offer or sale of the referenced securities. Resource Stock Digest has received cash compensation from Golden Cross Resources and is thus extremely biased. It is crucial that you conduct your own research prior to investing. This includes reading the companies' SEDAR and SEC filings, press releases, and risk disclosures. The information contained in our profiles is based on data provided by the companies, extracted from SEDAR and SEC filings, company websites, and other publicly available sources.
Resource Stock Digest, and its owners, directors, employees, and members of their households may own shares of Golden Cross Resources. Therefore, Resource Stock Digest is extremely biased. Measures are in place such that no shares will be sold during the active awareness campaign.
HIGH RISK:
The securities issued by the companies we feature should be seen as high risk; if you choose to invest, despite these warnings, you may lose your entire investment. You must be aware of the risks and be willing to accept them in order to invest in financial instruments, including stocks, options, and futures.
NOT PROFESSIONAL ADVICE:
By reading this, you agree to all of the following: You understand this to be an expression of opinions and NOT professional advice. You are solely responsible for the use of any content and hold Resource Stock Digest, and all partners, members, and affiliates harmless in any event or claim. While Resource Stock Digest strives to provide accurate and reliable information sourced from believed-to-be trustworthy sources, we cannot guarantee the accuracy or reliability of the information. The information provided reflects conditions as they are at the moment of writing and not at any future date. Resource Stock Digest is not obligated to update, correct, or revise the information post-publication.
FORWARD-LOOKING STATEMENTS:
Certain information presented may contain or be considered forward-looking statements. Such statements involve known and unknown risks, uncertainties, and other factors that may cause actual results or events to differ materially from those anticipated in these statements. There can be no assurance that any such statements will prove to be accurate, and readers should not place undue reliance on such information. Resource Stock Digest does not undertake any obligations to update the information presented or to ensure that such information remains current and accurate.