Golden Cross Resources - Focused on High-Grade Gold in Victoria, Australia, Adjacent To Southern Cross Gold's Sunday Creek Discovery
In this KE Report company introduction, I welcome Matt Roma, CEO of Golden Cross Resources (TSX.V:AUX - OTC:ZCRMD). The company is advancing the Reedy Creek Gold Project in Victoria, Australia, strategically located next to Southern Cross Gold’s world-class Sunday Creek discovery.
Key topics covered in this interview include:
- Reedy Creek Project Overview: Golden Cross acquired the property in late 2023 from Great Pacific Gold, with strong geological similarities to the nearby Sunday Creek and Fosterville systems.
- Historical and Current Exploration: Highlights from historic drilling include intervals such as 2m @ 320 g/t Au. Golden Cross is currently re-assaying past core to test for halo mineralization and has commenced a fully-funded 6,000m drill program.
- “Ladder Theory” and Geologic Upside: Inspired by Southern Cross’s success, Golden Cross is applying the same ladder-style targeting to define continuous zones of high- and low-grade mineralization over multiple veins.
- Capital and Corporate Structure: Recently announced a $3M financing, on top of a $4.7M raise in April, with strong insider participation. Insiders, institutions, and Great Pacific Gold hold a significant portion of the ~60M share float.
- Leadership Team: CEO Matt Roma brings experience as former CFO of Snowline Gold and Gladiator Metals. Board members include sector veterans with M&A success at Northern Empire, Underworld, and Galaxy Resources.
Catalysts Ahead:
- Re-assay results expected shortly
- Initial drill results from the current program by year-end
Visit the company’s website to learn more: https://goldencrossresources.com/
Send me your questions for Matt, and we’ll follow up in a future interview - Fleck@kereport.com
