Crossroads Gold hits 24.6 g/t Au in soil at Pambula, Australia

Crossroads Gold Identifies New Potential Drill Targets and Reports High-Grade Gold-in-Soil Results of up to 24.6 g/t Gold at Pambula in Australia

(TheNewswire)

 

Vancouver, BC – TheNewswire - September 14, 2026 – Global Stocks News - Sponsored content disseminated on behalf of Crossroads Gold. On September 3, 2026, Crossroads Gold (TSXV: CRG) (OTCQB: CRGCF) (FSE: FI1) announced high-grade gold-in-soil assay results from its ongoing 2026 exploration program at the Pambula Gold Project in southeastern New South Wales, Australia.

Crossroads Gold is developing multiple gold projects in southeastern Australia, a metal-rich Tier-1 mining jurisdiction. CRG’s portfolio includes the Pambula Gold Project, the Pheasant Creek Project, the Steiglitz Gold Project and the Club Terrace Project.

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The current exploration program focuses on defining priority drill targets at Pambula by integrating historic production data, LiDAR interpretation, soil geochemistry and field mapping across the broader goldfield.

In July 2026, Crossroads reported that its LiDAR interpretation had identified 122 adits, 115 shafts, 981 shallow prospecting pits and 708 interpreted trenches across the Pambula Goldfield.

“LiDAR is a laser-scanning process that detects subtle variations in the topographic surface, allowing us to identify the locations of old workings, pits and shafts,” Rex Motton, CEO & Director of Crossroads, told Guy Bennett, CEO of Global Stocks News (GSN). “LiDAR clearly shows where the old prospectors were working and the scale of their endeavours.”

“As we integrate geochemical results with the extensive historic workings identified by LiDAR, we are developing a more detailed picture of the Pambula Goldfield,” added Motton.

“That work is helping us focus our exploration efforts and prioritize what we believe are compelling targets ahead of our maiden and future drilling programs. Importantly, this sampling is generating substantially more drill targets than were contemplated in the original drill program.”

“We now have multiple high-grade gold-in-soil assays up to 24.6 g/t Au, along with numerous spatially associated anomalous (>0.1 g/t Au) samples across several areas of the historic goldfield,” stated Motton. “For us, the significance lies not only in the individual headline grades but also in the emerging distribution and consistency of the gold anomalism.”

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Above: Gold in Soil Assay results >0.25 g/t Au for the Pambula Goldfield

Apart from the Pilot Fissure Zone, established from previous gold production and drilling, the strongest results continue to occur at the historic Hidden Treasure Zone and the newly identified Hidden Treasure North Zone, including assays of 24.6 g/t Au, 21.8 g/t Au, 11.5 g/t Au, 8.4 g/t Au and 6.64 g/t Au.

The Hidden Treasure zone has never been drilled, and it strikes almost parallel to the Pilot Fissure where previous drilling was focused.

“Most of the known mining at Hidden Treasure consists of adits and small shafts,” Motton told GSN. “There are no known deep workings, but we do have some old underground rock-chip assays from the adit that show widespread gold mineralization. Hidden Treasure is at the base of a hill spur and above a creek. We intend to drill it from the Pilot Fissure drill sites, working from west to east.”

“We conducted routine sampling along traverses across the zone at Hidden Treasure and were surprised by the high assay results from these early samples, so we collected additional samples and continued to obtain high numbers. This zone is the largest Au-As-Pb soil anomaly in the whole goldfield and has some of the highest gold grades.”

“Because Hidden Treasure strikes parallel to the Pilot Fault, it represents a distinct mineralized target zone. The projected convergence of the two zones at depth is particularly encouraging, as this type of structural setting can produce wider veins and higher-grade gold mineralization. A 1970 report proposed drilling this convergence, and our recent work is reinforcing its potential as a strong exploration target.”

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Above: Updated Gold in Soil Sampling of the Pambula Goldfield

The initial soil program is now complete at the historic Pambula Goldfield and the Back Creek Pyrophyllite prospect, with 1,390 soil samples collected. To date, 612 gold assays have been received, with a further 114 samples currently being assayed for gold and 664 samples being processed in preparation for X-Ray Fluorescence (XRF) analyses and gold assaying.  

“The geological similarities between Pambula and the high-grade gold deposits of Mt Coolon and Vera–Nancy found in Queensland reinforce our view that Pambula has the hallmarks of a significant low-sulphidation epithermal gold system. With comparable volcanic host rocks, alteration style and structural controls, we believe Pambula offers strong potential for concealed high-grade vein discoveries.”

“At Pambula, our objective is to systematically test the high-grade gold targets being developed across the historic goldfield, using modern exploration methods and drilling to assess the scale, continuity and potential significance of the mineralization,” concluded Motton.

The scientific and technical information in this news release was reviewed and approved by Mr. Neil (Rex) Motton, who is a "Qualified Person" as defined in National Instrument ("NI") 43-101 - Standards of Disclosure for Mineral Projects. Mr. Motton is the CEO and a Director of the Company and, accordingly, is not considered independent of the Company under NI 43-101. Mr. Motton has visited the Pambula Gold Project discussed in this disclosure.

Disclaimer: Crossroads Gold paid GSN $1,750 for the research, creation and dissemination of this content.

Contact: guy.bennett@globalstocksnews.com

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