Northwire Canada EditionFriday, July 10, 2026
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Drill Results Routine +

Crossroads Gold Commences 2026 Exploration Program at the Pambula Gold Project and Reports Initial Gold-In-Soil Assay Results of up to 24.6 g/t Au

Crossroads reports 24.6 g/t Au soil hits at Pambula, validating the bonanza potential of its Fiore-backed Australian project.

By The Northwire Desk — AI Analysis Jun 10, 2026 · 08:01 CRG · 0.23 Crossroads Gold Corp.
Executive Summary
  • Crossroads Gold Corp. has commenced its maiden 2026 field exploration program at the Pambula Gold Project in southeastern New South Wales, Australia.
  • Initial assay results from 110 soil samples returned gold grades up to 24.6 g/t Au, with five samples exceeding 1.0 g/t Au.
  • An additional 130 soil samples have been submitted for assay, and a high-resolution LiDAR survey has been commissioned to map historic workings and refine structural interpretations for future drill targeting.
  • The project is hosted in evolved, high-silica, calc-alkaline rhyolites, interpreted as a low-sulphidation epithermal gold system.
  • Historical production at Pambula exceeded 40,000 oz Au between the late 1890s and early 1900s, with historic drill intercepts showing high-grade veins and breccias up to 7.3 m wide.
  • QA/QC protocols were followed with no material issues identified.
Material Impact
  • The news represents a logical and expected progression following the closing of the Rox-ex acquisition on May 28, 2026.
  • Initial soil results are encouraging and validate the geological model of a preserved high-grade epithermal system, but they remain in the early exploration phase.
  • The results are incremental and do not alter the company's near-term financial outlook or trigger immediate capital raising.
  • The announcement aligns with management's stated exploration timeline and reinforces the strategic value of the newly acquired Pambula asset.
CRG · Price
Company Overview
  • Crossroads Gold Corp. is a Canadian gold exploration company focused on high-potential projects in southeastern Australia, a Tier-1 mining jurisdiction.
  • Portfolio includes the Pambula Project (NSW), Steiglitz Project (VIC), Club Terrace Project (VIC), and Pheasant Creek Project (VIC).
  • Steiglitz is a historic high-grade producer (~250,000 oz Au at 38 g/t) located in the Bendigo Gold Belt, with only five historical drillholes, presenting significant greenfield potential.
  • Pambula, recently acquired, sits in the Eden-Comerong-Yalwal Rift Zone and has a strong historical production record and encouraging geochemical signatures.
  • The company is backed by the Fiore Group and led by CEO Rex Motton, who brings over 40 years of Australian exploration experience.
Read the original news release →

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