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Golden Cross Resources Inc Stock Price, News & Analysis

ZCRMD OTC

Welcome to our dedicated page for Golden Cross Resources news (Ticker: ZCRMD), a resource for investors and traders seeking the latest updates and insights on Golden Cross Resources stock.

Golden Cross Resources Corp (OTC Pink: ZCRMD; TSXV: AUX) generates news primarily through its activities as a Canadian mineral exploration company focused on the Reedy Creek high-grade gold project in Victoria, Australia. Company updates emphasize exploration milestones, technical partnerships and capital markets developments linked to this early-stage gold project.

Recent announcements describe the commencement of an inaugural fully funded 6,000-metre phased diamond drill program at Reedy Creek. The initial 2,000-metre phase targets the Prince of Wales and Wieneroider Ridge areas, guided by LiDAR survey data, structural mapping and a review of historical drilling. Follow-up drilling is planned to test deeper extensions of vein systems and additional targets associated with a roughly 3 km long gold-in-soil geochemical anomaly.

News releases also highlight Golden Cross’s use of VRIFY’s DORA AI-assisted mineral discovery platform to refine its exploration model and prioritize high-potential zones of mineralization. The company reports that predictive models from DORA will help shape its Phase 1 diamond drill program at the Reedy Creek Goldfield.

Beyond project work, Golden Cross issues news on capital markets and investor outreach initiatives. These include agreements with ICP Securities Inc. for automated market making services, as well as marketing and investor relations arrangements with Capital Analytica and Plutus Invest and Consulting GmbH. Together, these updates provide insight into both the technical progress at Reedy Creek and the company’s efforts to engage investors and support trading liquidity.

Investors and observers can use this news feed to follow Golden Cross’s drill campaigns, technical interpretations, AI-assisted targeting efforts and corporate capital markets activities as the Reedy Creek project advances.

Rhea-AI Summary
Golden Cross Resources (ZCRMD) has initiated a fully funded 6,000-meter phased drilling program at its Reedy Creek Gold Project in Victoria, Australia. The project, located 10 km northeast of Southern Cross Gold's Sunday Creek discovery, has shown promising historical drilling results including intercepts of 11m at 31.4 g/t gold and 2m at 174.42 g/t gold. The initial phase consists of 2,000 meters across 15 shallow drill holes at the Prince of Wales & Wieneroider Ridge targets, guided by LiDAR survey data and structural mapping. The company plans an additional 4,000 meters of fully funded drilling to explore vein system extensions and ladder targets. The drill targets, identified from geological mapping of surface workings, remain untested by modern exploration techniques. Initial drill results are expected later in summer 2025.
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Golden Cross Resources Corp. (TSXV: AUX) (OTC Pink: ZCRMD) has announced two marketing services agreements to enhance its investor relations and communications. The company has engaged Capital Analytica for a six-month term starting June 1, 2025, for CAD$120,000, focusing on capital markets consultation, social media engagement, and investor relations services. Additionally, Golden Cross has partnered with Plutus Invest and Consulting GmbH for a twelve-month term, commencing June 1, 2025, for EUR100,000, to implement PR strategies and advertisement-based investor campaigns targeting European markets. Both agreements are pending TSX Venture Exchange approval.

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Golden Cross Resources (ZCRMD) has announced a strategic partnership with VRIFY Technology to implement DORA, an AI-Assisted Mineral Discovery Platform, at its Reedy Creek Goldfield Project in Victoria, Australia. The company's property, spanning 445km², is located adjacent to Southern Cross Gold's Sunday Creek discovery. Historical drilling has yielded impressive results, including intercepts of 11m at 31.4 g/t gold and 2m at 174.42 g/t gold. Recent exploration revealed a significant ~3km long gold-in-soil geochemical anomaly. The company plans to commence a Phase 1 diamond drilling program in June 2025, targeting the Prince of Wales and Wieneroider prospects. DORA's AI technology will be utilized to refine exploration models and prioritize high-potential mineralization zones through its VRIFY Prospectivity Score (VPS) system.
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Golden Cross Resources (TSXV: AUX) (OTC Pink: ZCRMD) has engaged ICP Securities Inc. to provide automated market making services starting May 1, 2025. The agreement includes the use of ICP's proprietary algorithm, ICP Premium™, and will run for an initial 4-month term with automatic monthly renewals thereafter. The company will pay ICP a monthly fee of C$7,500 plus taxes. The service aims to correct temporary supply and demand imbalances in Golden Cross's shares, with ICP bearing the costs of buying and selling activities. Either party can terminate the agreement with 30 days notice before the end of any term.

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FAQ

What is the current stock price of Golden Cross Resources (ZCRMD)?

The current stock price of Golden Cross Resources (ZCRMD) is $0.3811 as of June 17, 2025.

What is the market cap of Golden Cross Resources (ZCRMD)?

The market cap of Golden Cross Resources (ZCRMD) is approximately 23.0M.

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ZCRMD Stock Data

23.00M
59.11M

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