Company Report - Golden Cross Resources

Golden Cross Resources (GCR) is a gold and base metals explorer searching for large deposits in highly prospective mineral belts providing significant potential upside for the investor.

GCR’s current portfolio of tenements contains world class exploration potential, with which we have attracted leading mining companies as farm-in partners who help us fund our exploration. GCR's primary focus is the Copper Hill Project in central NSW. Copper Hill has an Indicated and Inferred Resource of 133 million tonnes containing 421,000 tonnes of copper and 1.2 million ounces of gold.

In late 2008 GCR and HQ Mining Resources Holding Pty Ltd (“HQ”) announced a strategic alliance. HQ is the Australian investment vehicle of Beijing-based China United Mining Investment Co Ltd (CUMIC).The alliance will provide Golden Cross with an immediate injection of funds, as well as operational, development and marketing assistance with the opportunity for further financial support. HQ will use Golden Cross as its platform for future growth in Australia, Southeast Asia, the Pacific, and the Americas.

GCR's Chairman, Chris Torrey, said "The alliance of Golden Cross and HQ marks the commencement of new growth phase for Golden Cross, which will provide exploration and development skills in concert with HQ’s funding capacity, commercial ability and contacts to source capital equipment for potential mining operations."

Golden Cross Resources (ASX:GCR)

Company Directors

Mr Chris Torrey (Chairman, Non Exec. Director)

Mr David Timms (Non Exec. Director)

Mr Kim Stanton-Cook (Managing Director)

Mr Simon Lennon (CFO, General Counsel)

Ms Suzanne Qui ( Non Exec. Director)

Mr Xiaoming Li (Non Exec. Director)

Contact Information

Phone: (02) 9472 3500

Website: http://www.goldencross.com.au

Address
22 Edgeworth David Avenue, HORNSBY, NSW, Australia, 2077

Media Releases

Golden Cross Resources Ltd, PACE Funding Granted for Drilling in South Australia (GCR)

May, 2012 11:19 AM

In January 2012, Golden Cross Resources (GCR) made a submission to the South Australian Department for Manufacturing, Innovation, Trade, Resources and Energy (DMITRE) for funding to undertake a co-...read more
Golden Cross Resources Ltd, Drilling Program at Cargo (GCR)

Feb, 2012 09:45 AM

Testing near-surface gold intersections from previous drilling at the Spur-Dalcoath Lodes of 17 metres at 5.3 g/t gold, 2 metres at 44 g/t gold, 54 metres at 1.1 g/t gold and 16 metres at 3.86 g/t ...read more
GOLDEN CROSS RESOURCES LTD, QUARTERLY REPORT FOR DECEMBER 2011 (GCR)

Jan, 2012 10:26 AM

HIGHLIGHTS Copper Hill - Scoping Study delivered with plant capital cost estimate at $92 million - Total Geological Resource: 215 million tonnes at 0.3% copper and 0.24 g/t gold - Const...read more
Copper Hill Optimised Pits - Resource Estimate: 35 million tonnes at 0.41% copper and 0.41 g/t gold within 153 million tonnes at 0.32% copper and 0.27 g/t gold (GCR)

Dec, 2011 12:09 PM

A revised resource estimate for Copper Hill has been made by Richard Lewis, principal of Lewis Mineral Resource Consulting Pty Ltd, FAusIMM, who is a Competent Person under the meaning of the 2004 ...read more
OPEN CUT MINING 2011 FORUM: 7 November - 8 November 2011 (GCR)

Nov, 2011 11:26 AM

Copper Hill Total Geological Resource @ 0.2% copper cut-off 197 million tonnes @ 0.31% copper and 0.26 g/t gold - New Resource Estimate due this month 2 million tonnes per annum mill throug...read more
GCR calls for Tenders to Manage Queensland Coal Exploration Program (GCR)

Aug, 2011 12:01 PM

Golden Cross Resources (GCR) has a number of granted coal Exploration Permits and Applications (EPC’s and EPCA’s) covering over 1000 square kilometres stretching from Warwick to Pentlan...read more
NEW DRILL HOLES AT COPPER HILL (GCR)

Aug, 2011 12:44 PM

- HIGHLIGHT EXTENSIVE COPPER-GOLD MINERALISATION AT DEPTH - EXTEND THE OPEN PIT POTENTIAL AT BUCKLEY’S HILL - LOCATE A NEW 4g/t GOLD ZONE Assay results from GCHR313 have been rece...read more
New Copper Hill Resource Estimate: 197 million tonnes at 0.31% copper and 0.26 g/t gold (GCR)

Jun, 2011 03:19 PM

Resource estimates at Copper Hill have been performed by Dr Phillip Hellman, FAIG, who is a Director of Hellman & Schofield Pty Ltd (“H&S”) and who qualifies as a Competent Pers...read more
~ COPPER HILL ~ POTENTIAL EARLY START-UP UNDER INVESTIGATION (GCR)

Jun, 2011 02:29 PM

A possible 30 million tonne start-up pit with head grades of 0.5% copper and 0.5g/t gold is being planned - Lower capital cost - Faster time-line to production - Water and power requ...read more
Good Results from Wattle Hill and Buckley’s Hill Extend Envelopes (GCR)

Jun, 2011 02:43 PM

In line with our drilling strategy to extend the size and grade of the mineralisation of the Copper Hill project, we have continued drilling in the Wattle Hill and Buckley’s Hill locations. ...read more

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