17 April 2015

GOLDEN CROSS RESOURCES LTD

ABN 65 063 075 178

22 Edgeworth David Ave

Hornsby NSW 2077

Phone (02) 9472 3500

Fax (02) 9482 8488

SHARE PURCHASE PLAN Forward Development Program

Golden Cross Resources Limited (ASX:GCR) is pleased to announce that the Share Purchase Plan (SPP) which closed on 1 April 2015 raised $347,517 from the issue of 5,791,949 new Shares.
The GCR cash balance as at 31 March 2015 was $532,508. Current cash balance is $780,809. With the positive outcome from the Copper Hill Scoping Study released 15 April 2015, the
Company plans to commence a Pre-Feasibility Study (PFS) as soon as possible.
The SPP funds will facilitate initial technical programs ahead of the Company formally adopting a full PFS program and budget.
The initial programs include:
1 Targeted infill and extensional drilling of the high grade zones outlined at Copper Hill
Central in the 2014 drilling, to improve the definition of the high grade mineralization.
2 Commencing a bench-scale metallurgical program on 2014 drill core to assess the metallurgical performance of the mineralization scheduled to be mined and treated in Years
1-5.
A detailed geo-metallurgical study was completed on the 2014 drilling data ahead of commencing the above metallurgical program.
I wish to thank Shareholders for your support of the SPP. It is a positive outcome for the Company and its Copper Hill copper-gold project, and we look forward to encouraging results over the coming months.
Jingmin Qian
Interim Chairman

Further information, contact Jingmin Qian on (02) 9472 3500

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