Crossroads Gold Continues to Define Multiple High-Grade Gold-In-Soil Assays at Pambula, including 21.8 g/t Gold, and Announces DTC Eligibility of its Common Shares in the U.S.
Crossroads reports high-grade Pambula soil assays that validate its model and broaden U.S. access through DTC eligibility.
Crossroads Gold Corp. announced continued high-grade gold-in-soil assay results from its 2026 exploration program at the Pambula Gold Project in southeastern New South Wales, Australia. The latest assays include 21.8 g/t Au, 8.4 g/t Au, and 3.4 g/t Au, building on previously reported results up to 24.6 g/t Au.
Sampling statistics show 1,390 total soil samples collected, with 612 assayed, 114 pending, and 664 currently processing for XRF and gold assaying. High-grade and anomalous results span multiple zones: Hidden Treasure, Hidden Treasure North, Pilot Fissure, Britisher, and Mt Gahan.
LiDAR interpretation identified 122 adits, 115 shafts, 981 shallow prospecting pits, and 708 interpreted trenches across the 6 km² goldfield. QA/QC protocols were followed with certified reference materials, blanks, and field duplicates; no material issues were identified.
The company announced DTC eligibility for its common shares, enabling electronic settlement in the U.S. to improve liquidity and accessibility for American investors. Qualified Person: Mr. Neil (Rex) Motton, CEO & Director.
Crossroads Gold Corp. (CRG) has outlined a methodical exploration build-up, beginning with its March 2026 listing and $5.2 million financing. This was followed by the April and May acquisitions of the Steiglitz and Pambula properties. In June, the company released initial soil results from Pambula, which returned grades up to 24.6 g/t Au. Subsequent activities included the completion of LiDAR surveys and program expansion in July, leading to the continuation of high-grade soil assays in September.
The September 3 release confirms the repeatability and spatial continuity of gold anomalism across the Pambula field, validating the geological model established in June and July. This news aligns with previous expectations and management guidance, representing incremental validation rather than a step-change in project status. No maiden drill results have been released yet, with soil geochemistry remaining the primary data driver.
DTC eligibility serves as an administrative liquidity enhancement rather than a fundamental operational catalyst. The material impact is positive but routine, as it follows a predictable exploration timeline and does not alter the near-term capital requirements or project stage.
Crossroads Gold Corp. (CRG) is a pre-revenue, Canadian-listed gold exploration company focused on southeastern Australia, specifically in Victoria and New South Wales. The company’s flagship asset is the Pambula Gold Project in NSW, which covers 81 km² within the Eden-Comerong-Yalwal Rift Zone. The project has a historic production of approximately 45,200 oz Au at recovered grades of approximately 30 g/t Au between 1890 and 1914. Only 32 historical drill holes exist, with no drilling below 230m vertical depth. Modern exploration is targeting deeper, sulphide-hosted mineralization and structural continuity.
Other assets include the Steiglitz Gold Project in VIC, which has approximately 250k oz historic production at 38 g/t; the Club Terrace Project in VIC, covering 126 km²; and the Pheasant Creek Project in VIC, covering 232 km². All projects are in the exploration phase, and no mineral resources or reserves have been defined.