Golden Cross Resources Limited announced Copper Hill Update analytical results have now been received for GCHD477 which was designed to test the oxide zone and provide more information to assist metallurgical assessment of the material that would be removed in early stages of a possible development. GCHD477 was completed to assist re-assessment of the oxide grades and distribution, and the underlying higher grade zones interpreted as supergene by some observers. Analytical results for the main elements are tabulated in full at the end of this report, annotated for a range of copper cutoff criteria consistent with previous releases for Copper Hill. The higher cutoff grade intervals are within a cohesive envelope defined by greater than 0.3% copper Historically the focus has been on depletion of copper in the oxide zone, with lesser attention to residual gold which may present an economic target. The oxide zone depth varies but is typically extends to 16-20m below surface in the open pit area. In the Resource Estimation Report by J Ridley in 2015 Ridley notes strong weathering and leaching to a depth of 30-70 metres below surface, and the depleted area is generally barren in copper and gold, except in the open pit area. The oxide results from the 2011 generation of percussion holes will be reviewed against the oxide results of GCHD477 with a view to planning more comparative assessments and defining the lower surface of the oxide zone. Results will be used to assist planning to further evaluate the oxide zones and formulate a metallurgical testing program for the oxide, and plan for infill drilling in areas unaccessible in the 2011 drilling program.