Additional Drill Rigs Added To The Sunday Creek Project

VANCOUVER - Southern Cross Gold Consolidated Ltd reported that two further diamond drill rigs will mobilize to Sunday Creek to increase the total number to eight rigs operating at the 100%-owned Sunday Creek gold-antimony project in Victoria, while multiple geophysical and soil programs continue.

Increased diamond drill rigs mobilized: Two further diamond drill rigs will mobilize to Sunday Creek over the next week to increase the total number to eight rigs operating, with the two additional rigs to focus on infill drilling.

Seven rigs will continue expansion and infill drilling in the 1.5 km long core drill area between Apollo and Christina. One rig will be dedicated to drilling regional targets along the 12 km mineralized trend and parallel trends, defined by historic workings, geophysics, geology and soil anomalies. For the next month, one rig will complete a geotechnical program (5 holes for 900 m) to establish the detailed nature of fault structures and rock quality in the areas of planned underground development for the Exploration Tunnel. This drill program, complemented by groundwater monitoring and environmental studies, will provide essential data to support the Exploration Tunnel application scheduled for Q3 2025.

Multiple geophysical programs ongoing: The previously announced Induced Polarisation (IP) geophysical survey is scheduled to finish during April 2025. The IP survey has extended over 12 km2 and covers 6 km strike (of the 12 km) of the dyke and altered sediment hosted gold mineralized trend to cover significant historical mining areas including Tonstal, Leviathan, Consols and Aftermath. Parallel dyke trends have also been tested. Analysis and interpretation are now ongoing and further results will be released once complete. Additionally, Fleet Space Technologies are now undertaking an orientation real time ANT (Ambient Noise Tomography) passive seismic and gravity survey at Sunday Creek. The survey area is approximately 3 km2 and covers the Sunday Creek core drill area. The Fleet sensors utilize satellite arrays for live data transfer and AI processing technology, with an aim to map the host dyke and altered sediment structure.

Regional soil sample programs ongoing: A large-scale 2,200 soil sample program is in progress, with approximately 45% completed. This program will infill previous sampling and expand coverage 5.3 km2 southward to test for parallel dyke trends.

Southern Cross Gold Consolidated notes that antimony ores and concentrates (HTSUS code 26171000) are exempt from the April 2, 2025 US Executive Order on Reciprocal Tariffs.

Michael Hudson, President & CEO, said, “We're implementing a comprehensive strategy at Sunday Creek that simultaneously advances regional-scale exploration across the large 12 km known mineralized and parallel trends, while derisking the project through further infill drilling within our exploration target area, advanced geophysics, and targeted engineering studies.

With our fleet increasing to eight rigs, we've positioned ourselves for both resource growth and definition. Seven rigs are deployed across the 1.5 km Apollo-Christina corridor - four pushing the boundaries of our exploration target while three conduct systematic infill drilling to convert exploration ounces to resources. Additionally, we've dedicated one rig exclusively to testing high-potential targets along the broader 12 km mineralized trend identified through historic workings, geophysics, and geochemical anomalies.

"Beyond drilling, our near-complete regional-scale Induced Polarisation survey will reveal crucial subsurface structures in untested areas by mid-April. Our partnership with Fleet Space Technologies has deployed cutting-edge satellite-linked passive seismic and gravity surveying across a 3 km² area, providing unprecedented insights into deep structural controls that could host significant mineralization.

"Our regional soil sampling program has reached 45% completion, expanding on our 2020 baseline and extending into new prospective areas. This systematic approach is identifying subtle geochemical signatures that often signal undiscovered mineralization centres.

"These coordinated initiatives reflect our commitment to rigorously evaluating Sunday Creek's full potential through cost-effective, responsible, and technologically advanced methods. We look forward to sharing results from this multi-faceted program as they become available."