Northwire Canada EditionTuesday, July 28, 2026
Northwire
SCD 0.168 +0.0% SRC 1.80 +0.0% FOXT 0.155 +0.0% TG 0.185 +0.0% NOBL 0.105 +0.0% MGG 0.300 +0.0% HMR 0.540 +0.0% NRC 1.00 +0.0% SIG 0.920 +0.0% LMR 0.075 +0.0% XTM 0.065 +0.0% CRG 0.220 +0.0% DEC 0.070 +0.0% EAU 0.100 +0.0% GEMG 1.72 +0.0% CGNT 0.770 +0.0% SCD 0.168 +0.0% SRC 1.80 +0.0% FOXT 0.155 +0.0% TG 0.185 +0.0% NOBL 0.105 +0.0% MGG 0.300 +0.0% HMR 0.540 +0.0% NRC 1.00 +0.0% SIG 0.920 +0.0% LMR 0.075 +0.0% XTM 0.065 +0.0% CRG 0.220 +0.0% DEC 0.070 +0.0% EAU 0.100 +0.0% GEMG 1.72 +0.0% CGNT 0.770 +0.0%
Drill Results Routine +

Crossroads Gold Expands Pambula Exploration Program to 1,000+ Soil Samples and Completes High-Resolution LiDAR Survey Across Entire Historic Pambula Goldfield

Crossroads advances Pambula soil sampling, validating high-grade epithermal targets ahead of maiden drilling.

Executive Summary

Crossroads Gold Corp. is advancing its expanded soil geochemical program at the Pambula Gold Project in New South Wales, Australia. The company has collected 892 soil samples toward a target of more than 1,000. Of these, 103 have returned gold assay results, with high-grade values reaching up to 24.6 g/t Au, though the company notes a check assay of 21.3 g/t Au. Recent additional high-grade results include 8.35 g/t Au, 5.05 g/t Au, and 1.25 g/t Au.

A high-resolution airborne LiDAR survey completed across the historic Pambula Goldfield identified 122 adits, 115 shafts, 981 shallow prospecting pits, and 708 interpreted trenches. Based on these positive results, the company submitted an application for an adjoining Exploration Licence.

Exploration continues at the Back Creek Pyrophyllite field, where ridge and spur soil sampling is targeting a high sulphidation epithermal gold-Hg-Pb system. Qualified Person Mr. Neil (Rex) Motton confirmed that the datasets are strengthening geological understanding and refining drill targets for the upcoming maiden drilling program.

Material Impact

Crossroads Gold Corp. (CRG) released an incremental exploration update on July 28, following the initial soil sampling results announced on June 10, 2026. The company reports high-grade soil assays reaching up to 24.6 g/t Au, alongside LiDAR mapping, as expected outcomes of the 2026 field program. These results serve to validate the company's geological model.

The news confirms that Crossroads Gold is on track to transition from surface geochemistry to subsurface drilling, pending the final forest permit. The data reinforces the high-grade epithermal potential at Pambula.

CRG · Price
Company Overview

Crossroads Gold Corp. is a Canadian pre-revenue exploration company focused on southeastern Australia. Its flagship asset is the Pambula Gold Project in New South Wales, which covers 81 km² within the Eden-Comerong-Yalwal Rift Zone. The property has a history of production exceeding 40,000 oz at approximately 30 g/t Au. The system is interpreted as a low-sulphidation epithermal gold system featuring east-dipping lodes and north-plunging high-grade shoots.

The company also holds secondary projects in Victoria, including the Steiglitz property, which saw historic production of approximately 250,000 oz at 38 g/t Au, and the Club Terrace project, which covers a 34 km gold corridor. Additionally, Crossroads Gold Corp. holds the Pheasant Creek property as a greenfields target. The company is currently transitioning from surface exploration to maiden drilling, leveraging modern GIS, 3D modeling, and LiDAR to reinterpret historical data.

Read the original news release →

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