SXG - SOUTHERN CROSS GOLDFIELDS LIMITED Southern Cross...

SXG - SOUTHERN CROSS GOLDFIELDS LIMITED
Southern Cross Goldfields Reports Early Production Scenario Moving Forward
17/04/2009 9:54AM

Southern Cross Goldfields announced that significant gold mineralisation has been confirmed within outcropping laterite at the Dulcie Project. These tenements are being acquired as part of the Crusader Resources agreement (formal completion expected by May 18th 2009). As foreshadowed in the announcement dated 8th April 2009, SXG is evaluating the gold laterite mineralisation at Dulcie, in combination with the Battler Deposit, as an early production scenario with the aim of funding ongoing exploration for high margin, company making deposits. Sampling of outcropping laterite within existing pits and costeans has returned plus 0.4g/t Au in laterite over an area of at least 300m by 100m. Assays of up to 2.08g/t Au have been obtained over a vertical interval of 105cm. SXG Early Production Scenario Moving Forward.