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Golden Cross Resources
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Golden Cross Resources (ASX:GCR) is a mineral explorer with a copper-gold focus. Its major activity is the Copper Hill copper-gold project in central NSW.
Golden Cross Resources (ASX:GCR) is a mineral explorer with a copper-gold focus. Its major activity is the Copper Hill copper-gold project in central NSW.

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Copper Hill Drilling Update – GCHD470 – Complete Assays - Previous zone extended to 60 metres at grades of 1.83% copper and 5.41g/t gold (using a 0.4% copper cut-off) including 12 metres at 3.1% copper and 12.0g/t gold and within  155 metres at 0.93% copper and 2.5 g/t gold (using a 0.2% copper cut-off) GCHD470 was completed at 366 metres returning very high copper and gold grades in the upper sections. Assays have been received for all intervals and are reported here. The hole targeted near-surface mineralisation between existing, historic holes at Central Copper Hill and was extended to test deeper mineralisation indicated by previous drilling. Core sample assays have been returned from the ALS laboratory in Orange. Results, using various copper cut-off grades, are set out below and are shown in full at the end of this report: Within the upper zone (11 metres to 71 metres) the porphyry copper-style mineralisation occurs within micro-tonalite and tonalite porphyry as laminated quartz-magnetite vein stockworks with chalcopyrite, pyri

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Copper Hill Drilling Update – GCHD470 -  55 metres at 1.8% copper and 5.7g/t gold Bonanza Zone of 12 metres at 3.1% copper and 12.0g/t gold GCHD471, on section 5500N, drilling ahead at 300 metres with well mineralised intervals reported by geologists on site GCHD470 was completed at 366 metres returning very high copper and gold grades in the upper sections. Assays have been received for the interval 2 to 66 metres. The hole targeted near-surface mineralisation between existing, historic holes at Central Copper Hill and was extended to test deeper mineralisation indicated by previous drill holes. PQ and HQ Core sample assays have been returned from the ALS laboratory in Orange. Results, using a 0.4% copper cut-off grade, are set out below and are shown in full at the end of this report: The porphyry copper-style mineralisation occurs within micro-tonalite and tonalite porphyry as laminated quartz-magnetite vein stockwork with chalcopyrite, pyrite and gold. This initial assay run ends with a one metre sample at 2.8% c

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Joint Venture Opportunities | 合资开发机会 - Joint Venture Opportunities August 2014 GCR is a copper-gold exploration company with over 1.5 million ounces of gold within 2004 JORC-compliant Measured, Indicated and Inferred Resources. GCR has a management team with broad range of exploration experience and skills acquired over 40 years working in Australasia, Asia, North America and Africa. GCR has two projects in the pre-development stage and a portfolio of ‘drill-ready’ exploration projects for gold and base metals. Some are available for joint venture. Download English version here Download Chinese version here 合资开发机会 2014年5月 GCR是一家以铜-金矿为主要目标的勘探公司,公司已经发现了符合JORC标准的探明的,控制的和推断的金矿储量超过了150万盎司。 GCR的管理团队经验丰富,从业资历超过40余年,工作过的地区包括澳大利亚, 亚洲, 北美洲和非洲地区。 GCR目前有两个项目处于预备开发阶段,一个组合开发项目已

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Copper Hill Drilling Update - All assays are now available from GCHD469, the first hole in GCR’s current 5000 metre core drilling program Intercepts include 178 metres at 0.26% copper and 0.24g/t gold and 30 metres at 0.26% copper and 0.70g/t gold Encouraging gold values at depth Mineralised breccia fragments indicate deeper porphyry source Drill hole GCHD470 at central Copper Hill completed at 366 metres. GCHD469 was completed at 894 metres and alteration, zones of brecciation with mineralised breccia clasts, abundant pyrite (potentially gold-bearing) and indications of copper mineralisation continued almost to end-of-hole. The hole targeted mineralisation at depth beneath Buckley’s Hill, 750 metres northwest of Copper Hill. It is the deepest hole ever drilled beneath the Copper Hill system and has provided additional information on the nature of the Copper Hill intrusions at depth. Abundant anhydrite veining, base metal-carbonate veining with pyrite and finely disseminated and veined chalcopyrite were

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June 2014 Quarterly Report - Key Points: 5,400 metre core drilling commenced at Copper Hill IP results for Dash Prospect north of Copper Hill Gawler Craton projects partners sought Burra drilling results from Block 51 $2.44 million in cash at quarter end Copper Hill: 5,000 metre core drilling program commenced GCR has embarked on a major new drilling program targeting porphyry copper-gold intrusions at depth and extensions to known mineralisation. The program is based on previous drilling results and recent geological reviews which have provided encouraging new insights into the potential for expanding the Copper Hill and Buckley s Hill deposits. The program will run for two to three months and will include in-fill drilling of the high grade central Copper Hill mineralisation between cross-sections 5300N and 5700N at greater depths, to test for extensions to the high grade carapace mineralisation or deeper, mineralised porphyry intrusions. The holes will also provide new data that will assist in the next Resour

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Copper Hill Drilling Update and Burra Copper Mine Drilling Assays Copper Hill Drilling Update and Burra Copper Mine Drilling Assays Copper Hill: GCHD469, the first hole in GCR’s current 5000 metre core drilling program, was completed yesterday at 894 metres. This is the deepest hole yet drilled at Copper Hill. Assays are awaited. Burra: Assays for the oxidised zone from Burra core drilling returned.  Copper Hill Project: GCHD469 is the first hole in a planned 5000 metre core drilling program underway at Copper Hill. The hole was completed at 894 metres and alteration and indications of copper mineralisation continued almost to end-of-hole. This hole is targeting mineralisation beneath Buckley’s Hill, north of Copper Hill. It is the deepest hole ever drilled into the deposit and will provide information on the nature of the Copper Hill intrusions at depth. The hole has been marked by extensive zones of brecciation containing mineralised clasts of porphyritic rocks swept up from a major intrusion beneath the current hole. Abundant anhydri

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Copper Hill Announcement $1.5 million, 5000 metre, Core Drilling Program has commenced The injection of funds to GCR from its new 19.9% shareholder Heron Resources has enabled GCR to embark on a major new drilling program to discover buried porphyry intrusions and extensions to known mineralisation. The program is based on previous drilling results and recent geological reviews which have provided encouraging new insights into the potential for expanding the Copper Hill and Buckley’s Hill deposits. The program will run for two to three months and will include in-fill drilling of the high grade central Copper Hill mineralisation between cross-sections 5300N and 5700N at greater depths, to test for extensions to the high grade carapace mineralisation or deeper mineralised porphyry intrusions. Proposed holes on sections are included in this report. The first hole has commenced drilling on section 6150N at Buckley’s Hill, which lies 500 metres northwest from Copper Hill. Buckley’s Hill mineralisation

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Quarterly Report March 2014 Key Points: 5,400 metre, $1.6 million, core drilling committed for Copper Hill New ‘Dash Prospect’ discovered north of Copper Hill New gravity-magnetic anomalies in Gawler Craton identified Burra drilling continues, low grade copper intersected Shareholders support Heron Resources’ placement proposal $1.88 million from Heron Resources placement GCR board re-balanced with Ian Buchhorn as new director $2.95 million in cash at quarter end Shareholders at EGM support Heron Resources placement proposal Investment proposals, put forward by Heron Resources Limited (ASX:HRR) and then HQ Mining Resources (HQ) in December 2013, were both welcomed by GCR management, as are the intentions expressed by both parties to accelerate GCR’s exploration activities at Copper Hill and at Burra near Cobar. GCR’s coincident gravity magnetic anomalies in the Gawler Craton of South Australia require follow-up gravity surveys to better define the potential IOCG targets. There is clear confidence 

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Copper Hill – New “Dash” Prospect Discovered A new, previously unknown copper occurrence has been discovered in the course of detailed geological mapping by Glenn Diemar, only two kilometres northwest of Copper Hill. The prospect has been named ‘Dash’. Mineralised float rocks containing malachite were observed over a strike length of 300 metres and follow-up work has located outcrops of strongly silicified, altered volcanic rocks and interbedded limestone intruded by a small granodiorite stock. Pyrite and chalcopyrite is visible as disseminations and in thin veins in the outcropping material with abundant malachite in veins and coating fracture surfaces. Outcrops are small, up to one metre wide. Skarn-related mineralisation may also be present in the sequence. There are no old workings present in the area; the Copper Hill Induced Polarisation (IP) survey did not extend far enough to reach this area and previous constraints on access prevented detailed soil sampling to be carried out here in the past. GCR’s detaile

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Burra drilling start Burra Copper Mine Drilling, Cobar Region, NSW Core drilling program to commence at Burra and Block 51 The historic Burra Copper Mine is 40km east of Cobar and 5 km south of Canbelego and lies within GCR’s 100%-owned Burra Project. Burra Copper Mine The Burra Project has drill-indicated potential to host deep-seated, Cobar-style mineral systems with lenses, defined by drilling, containing copper and silver with minor gold and zones of lead-zinc-silver mineralisation. A program of three core holes, from a six-hole proposal, has been approved by GCR’s board. Following government approval of GCR’s Surface Disturbance Notice, crews have been mobilised and drilling is expected to commence on Friday, 7th March. New Burra Gravity Data At the Burra Mine, mineralisation lies within a gravity high, apart from the shallow mineralisation in the northernmost drill hole. The mineralised zone is on the southern margin of a pronounced gravity low. Recent infill gravity surveying at 100m x
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