Golden Cross Resources Inc.
Golden Cross Resources Inc. (TSXV: AUX, formerly Zincore Metals Inc., renamed April 2025) is a Vancouver-headquartered, Australia-focused gold explorer, incorporated 2005. Its flagship Reedy Creek and Providence gold projects (445 km2 combined, acquired from Great Pacific Gold Corp) sit in one of Victoria's most active epizonal gold corridors, ~10km northeast of Southern Cross Gold's Sunday Creek discovery. Historical drilling at Reedy Creek returned high-grade intercepts including 11m @ 31.4 g/t Au and 2m @ 174.42 g/t Au. The company graduated from the NEX board to Tier 2 TSXV status and began trading as AUX on April 21, 2025; also trades OTCQB: ZCRMF. In 2026 it resumed drilling at the Aurora prospect at Reedy Creek and closed a C$3.75 million private placement in June to fund exploration there.
Notable vs. Peers
- Trading within 0% of its 52-week low — weak recent price momentum.
Lifecycle Milestones
Not yet determined: mill, tailings facility, grid power.
Combined view across 2 projects. Figures below are only combined where the underlying basis genuinely matches -- see the notes under each.
Jurisdiction (40%)9/10
Victoria: Fraser PPI 2025 is 73.81 of 100 (rank 34 of 68), which maps to 9 on this site's scale. Golden Cross's flagship, the Reedy Creek gold project, is in central Victoria; its Copper Hill project in New South Wales is named as context and not blended into the score.
Infrastructure (40%)No verified figure
Researched with nothing found: no source we could cite confirms or rules out an existing mill, road access, grid power, or tailings facility at Reedy Creek Gold Project, Victoria, Australia (checked Oct 7, 2026; recheck due Apr 5, 2027). Counts at a neutral 5/10 until one does.
Nearby producing mine (20%)Not yet researched
No producing mine within 50 km in our reference list (nearest listed: Costerfield (Alkane Resources Limited), 54 km). That list doesn't cover every mining district yet, so a longer distance isn't scored as remote.
Acquisition Susceptibility
A relative ranking of how closely this company matches the profile of juniors that have actually been acquired — not a probability, and not a reason to buy. Acquisitions are rare: only a few dozen significant deals happen a year across a universe of thousands of juniors, so even a high score here describes a long shot. The strongest signal in the research, a producer that already owns part of the company, is scored from its disclosed strategic shareholders. A producer that is a joint-venture or earn-in partner on the project, rather than a shareholder, isn't captured yet.
How this score is built
- Disclosed pending dealSub-score: Not scored
No pending acquisition or merger disclosed (checked)
Not scored: having no deal in flight isn't held against a company.
Weight 26.25% - Producer's strategic stakeSub-score: Not scored
No producer holds a disclosed stake on file (holder register researched) See holders
Not scored: most juniors that do get bought had no prior toehold, so a missing stake says little either way.
Weight 25% - Distance to a producing mineSub-score:4.9/10
Nearest producing mine: Costerfield (Alkane Resources Limited), 54 km
10 next to a producing mine, 8 at 20 km, 5 at 50 km, 0 beyond 200 km.
Weight 22.5% · 46% here - Lifecycle stageSub-score:1/10
Stage: Grassroots Exploration
Feasibility and permitting score 10, where deals cluster, and production 5.5; earlier stages score less, down to 1 at grassroots.
Weight 15% · 31% here - JurisdictionSub-score:9/10
Australia: jurisdiction score 9/10
Our jurisdiction score, used as is: higher means lower political and permitting risk.
Weight 6.75% · 14% here - CommoditySub-score:10/10
Primary commodity: Gold
Gold 10, copper 8, silver 5, nickel and uranium 4, others 2: most majors' deals are for gold.
Weight 4.5% · 9% here
Weight is each input's share of the full score. “Here” is its share of this company's score: inputs that aren't scored are left out and the rest re-weighted, never counted as zero.
Your Rankings
Management Team
Chief Financial Officer and Corporate Secretary of Gladiator Metals Corp.; also Chief Executive Officer & Director of Golden Cross Resources Inc. Chartered Professional Accountant (CPA) with over 12 years of financial management experience. CEO of RW Global Consulting Corp, a private company providing corporate finance, accounting and capital advisory services. Concurrently CFO & Corporate Secretary of Snowline Gold Corp. and CFO of Silver X Mining; also CEO & Director of Zincore Metals Inc. Previously Director, Finance at Core Gold.
Chief Financial Officer and Corporate Secretary of Golden Cross Resources Inc.
Insiders, Investors & Smart Money
Notable shareholders and insiders whose involvement is worth knowing about, plus what we're seeing from institutional/large-investor activity.
No producer, strategic investor, or resource-sector specialist fund backs this company. Jupiter Fund Management Plc (Jupiter Asset Management), a real UK-based generalist multi-asset manager, discloses a 9.38% stake -- a genuine position, but not a resource-sector conviction bet. A widely-repeated claim that Eric Sprott took a $2,000,000 cash stake here in early 2021 turns out to be a ticker-identity collision, not a real position in this company: that 2021 investment was in a different, unrelated company, "AUX Resources Corporation," which amalgamated into Scottie Resources Corp. in July 2021 (shares exchanged 1:1 for Scottie shares, now trading as TSXV:SCOT) and ceased to exist as an independent, separately-listed entity. Today's TSXV:AUX ("Golden Cross Resources Inc.") is the April 2025 rename of a completely unrelated company, Zincore Metals Inc. -- it only began trading under the "AUX" ticker symbol in 2025, four years after both Sprott's real investment and the old AUX Resources' own dissolution. No connection exists between Eric Sprott and this company.
No notable insiders tracked for this miner yet.
Reports, Presentations & Documents
Golden Cross Resources, formerly Zincore Metals, is a Vancouver-based gold explorer focused on Australia, and its flagship is the 100%-owned Reedy Creek gold project in central Victoria, about 10km northeast of Southern Cross Gold's Sunday Creek discovery, alongside the Providence project. Historical drilling at Reedy Creek returned high-grade intercepts including 11m at 31.4 g/t gold. In 2026 it resumed diamond drilling at the Aurora prospect after a pilot geophysical survey, and in June it closed a C$3.75 million private placement to fund exploration there. No mineral resource has been estimated on its projects.
No reports or presentations linked yet.