Interview with Ian E Nielson, Technical Advisor of Golden Cross Resources

Recording date: 14th April 2026

Golden Cross Resources has successfully completed its inaugural drilling program at Aurora in Eastern Victoria, intersecting high-grade gold mineralisation up to 27 grams per ton. The results validate the company's structural geological model and confirm the presence of narrow high-grade orogenic gold deposits similar to the world-class Fosterville mine.

The exploration program represents a methodical approach to unlocking what could be a significant gold system. Technical Advisor Ian Nielson emphasized that all four drill holes intersected anticipated mineralised zones, demonstrating the accuracy of the company's geological hypothesis. The focus centers on the Welcome trend corridor, which extends through Aurora, Charlotte's, and Prince of Wales prospects.

A key advantage is Golden Cross's access to historical artisanal workings throughout the area. These underground excavations serve as "free 3D drill holes," providing invaluable three-dimensional geological information that would otherwise require expensive drilling. By mapping these historical sites and integrating surface data, the company is building a comprehensive structural model extending beyond where nineteenth-century miners worked.

The company is employing a multi-disciplinary strategy, integrating geochemistry, geophysics, lidar scanning, and detailed geological mapping to reduce uncertainty before committing significant capital to drilling. This approach leverages newly released Victorian government datasets, providing additional layers of information at no cost to the company.

Rather than pursuing aggressive drilling, Golden Cross will spend the next twelve months collecting geophysical data and refining its structural model. This systematic methodology aims to optimize future drilling efficiency by better understanding fault planes and shoot geometries—the architectural features controlling high-grade gold deposition.

Historical intercepts at nearby Reedy Creek, which returned approximately 11 meters at 10-12 g/t gold, demonstrate the district's potential. With experienced leadership, cost-effective de-risking strategies, and a disciplined exploration approach, Golden Cross offers investors early-stage exposure to potential high-grade gold discovery in an underexplored Victorian goldfield.

Golden Cross Resources (TSXV:AUX) - Systematic Approach to High-Grade Gold Discovery