InvestSMART

Golden Cross Resources Limited (ASX:GCR)

ALERT: Price-sensitive ASX Announcement for GCR
Current share price for GCR : $0.002 -0.001 (-33.33%)+
Announcement
Release
20 Dec 2024 10:09AM
Price at Release
$0.003
Full Release
download
Summary
Golden Cross Resources Ltd (GCR) has announced an update on its exploration activities at the Copper Hill Project, located in New South Wales. GCR is planning a series of exploration programs to enhance the project while seeking joint venture partners. The planned activities include geophysical surveys to delineate subsurface structures and intrusive bodies, along with geochemical sampling to identify potential mineralization extensions. The exploration is set to unfold in stages, commencing with initial gravity surveys and followed by further investigations based on the results.
Key Points
  • Golden Cross Resources Ltd is updating exploration activities at the Copper Hill Project.
  • The project is located in New South Wales, near significant gold and copper mines.
  • Planned activities include geophysics and geochemistry to enhance exploration.
  • Initial gravity surveys are set to begin in January 2025.
  • The exploration aims to identify mineralization extensions and subsurface structures.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.