16:28:43 EST Sun 08 Feb 2026
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Golden Cross Resources Inc
Symbol AUX
Shares Issued 60,360,867
Close 2025-05-13 C$ 0.375
Market Cap C$ 22,635,325
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Golden Cross to use AI platform for Reedy Creek

2025-05-13 17:14 ET - News Release

Mr. Matt Roma reports

GOLDEN CROSS RESOURCES TO UTILIZE VRIFY'S AI-ASSISTED MINERAL DISCOVERY PLATFORM AT ITS REEDY CREEK HIGH-GRADE GOLD PROJECT IN VICTORIA, AUSTRALIA

Golden Cross Resources Inc. is partnering with VRIFY Technology Inc. to leverage Dora, the world's only artificial-intelligence-assisted mineral discovery platform, at the Reedy Creek goldfield in Victoria, Australia. The partnership will use proprietary AI and predictive modelling to accelerate and maximize discovery potential on a property immediately north of Southern Cross Gold's Sunday Creek discovery.

Golden Cross recently acquired a land package comprising two tenements covering an area of 445 square kilometres approximately 10 kilometres northeast of Southern Cross Gold's Sunday Creek gold discovery. The property contains the historic Reedy Creek goldfield, situated directly north of Sunday Creek, as well as multiple other historic goldfields and high-grade gold prospects.

Past drilling at the property revealed high-grade gold intercepts, including 11 metres at 31.4 grams per tonne gold and two metres at 174.42 g/t gold. Limited drilling between 2021 and 2024 by Great Pacific Resources also revealed significant gold mineralization along a recently defined approximately three-kilometre-long northwest-southeast gold-in-soil geochemical anomaly.

Gold-in-soil anomalies are critical early indicators of mineralized systems, especially in epizonal deposits where gold is often closely associated with fault zones and vein swarms near surface.

Dora: purpose-built AI for exploration teams

Golden Cross will integrate Dora, VRIFY's artificial-intelligence-assisted mineral discovery platform, to refine its exploration model and prioritize high-potential areas of mineralization. Dora leverages mineral-system-specific AI models and a proprietary industry data set to generate the VRIFY prospectivity score -- a predictive output used to assess and rank zones of mineral potential.

The phase 1 diamond drill program at Reedy Creek, commencing in June, 2025, will be guided by predictive models generated using Dora's proprietary algorithms. Through hypothesis testing, Golden Cross will leverage the platform to define a refined and defensible targeting strategy that reduces uncertainty and maximizes the value of Golden Cross's existing data.

Using Dora, Golden Cross will be able to generate detailed and comprehensive predictive models for the company's planned phase 1 diamond drilling program at the Reedy Creek goldfield.

"We believe our Reedy Creek project is one of the most underexplored and high-potential gold systems in Victoria," said Matt Roma, chief executive officer of Golden Cross. "With VRIFY's Dora platform, we're introducing a new standard of technical rigour and targeting precision to this project. Our objective is to deploy capital efficiently while maximizing the potential for discovery success, and VRIFY provides the strategic advantage to help us achieve exactly that."

"Golden Cross is working in one of the world's most exciting and mineral-rich regions, surrounded by high-grade discoveries and active mines," said Steve de Jong, chief executive officer and co-founder of VRIFY. "They're taking a thoughtful, data-first approach to exploration -- one that leverages every advantage available, including AI. We're proud to support their team as they pursue new discoveries with the urgency and intelligence this kind of ground deserves."

About Golden Cross Resources Inc.

Golden Cross Resources is a Canadian mineral exploration company engaged in the advancement of its Reedy Creek high-grade gold project in Victoria, Australia, which is composed of two tenements of land located approximately 10 kilometres northeast of and contiguous to Southern Cross Gold's Sunday Creek gold discovery. Past drilling at the project revealed high-grade gold intercepts including 11 m at 31.4 g/t gold and two m at 174.42 g/t gold. Golden Cross plans to commence its phase 1 diamond drill program at the historic Reedy Creek goldfield in second quarter 2025 to confirm and expand known high-grade gold mineralization.

Qualified person

The scientific and technical information contained in this news release has been reviewed and approved by Alan Till, vice-president, exploration, and a qualified person for Golden Cross Resources as defined in National Instrument 43-101 (Standards of Disclosure for Mineral Projects). Mr. Till has examined information regarding the historical exploration at Golden Cross's Reedy Creek high-grade gold project, which includes his review of the historical sampling, analytical and procedures underlying the information and opinions contained herein.

Management cautions that historical results were collected and reported by operators unrelated to Golden Cross and have not been verified nor confirmed by its qualified person; however, the historical results create a scientific basis for continuing work in the Golden Cross property. Management further cautions that historical results, discoveries and published resource estimates on adjacent or nearby mineral properties, whether in stated current resource estimates or historical resource estimates, are not necessarily indicative of the results that may be achieved on the Golden Cross property.

We seek Safe Harbor.

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