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
Original announcement by tmx on
- Company
- Crossroads Gold Corp.
- Ticker
- CRG
- Exchange
- TSX
- Region
- New South Wales, Australia
- Primary commodity
- Gold
- Secondary commodities
- Arsenic, Lead, Zinc, Barium
- Document categories
- Drill results, Other
- Extracted
- 2026-08-21 06:26:54 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Crossroads Gold has commenced its 2026 exploration program at the Pambula Gold Project in New South Wales, reporting initial gold-in-soil assay results of up to 24.6 g/t Au. The company is conducting geological mapping, soil sampling, and a LiDAR survey to refine targets within a suspected low-sulphidation epithermal system.
Reasoning: The announcement reports significant high-grade gold-in-soil anomalies and the commencement of a systematic exploration program, which provides strong targeting potential for future drilling.
Positive factors
- High-grade gold-in-soil anomalies (up to 24.6 g/t Au)
- Identification of multiple mineralised structures
- Systematic modern exploration program commenced
- QA/QC protocols disclosed
Negative factors
- Soil results are early-stage indicators, not drill intercepts
- Historical drill data not independently verified
Facts used in scoring: 6
Classification and evidence
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: The company implemented a comprehensive QA/QC program including standards, blanks, and field duplicates.
Evidence · text
“The Company implemented a comprehensive Quality Assurance ("QA") / Quality Control ("QC") program”
Bonanza Interceptpositive
Exceptionally high-grade zone, well above the deposit-type norm.
Why it applies: Historical intercept of 33.05 g/t Au is exceptionally high grade.
Evidence · text
“2 m @ 33.05 g/t Au from 26 m depth in PRC32”
Extracted facts
Stored fact records: 6. Some facts used in scoring do not have a stored record.
Drill Results (6)
PBS21goldGrade: 24.6Grade Unit: g/tView all detailsHide details
Identity
- Hole ID
- PBS21
- Commodity
- gold
- Ticker
- CRG
Geometry
- Grade
- 24.6
- Grade Unit
- g/t
Classification
- Sample Type
- surface
- Group ID
- PBS21:0-0
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-06-10T00:00:00.000Z
Reasoning: 24.6 g/t Au in soil is a very high-grade anomaly for an exploration target.
Positive factors
- Exceptional soil grade
Evidence · table
“24600.00”
Context: PBS21
PBS47goldGrade: 7.4Grade Unit: g/tView all detailsHide details
Identity
- Hole ID
- PBS47
- Commodity
- gold
- Ticker
- CRG
Geometry
- Grade
- 7.4
- Grade Unit
- g/t
Classification
- Sample Type
- surface
- Group ID
- PBS47:0-0
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-06-10T00:00:00.000Z
Reasoning: 7.4 g/t Au in soil is a significant anomaly.
Positive factors
- Strong gold-in-soil grade
Evidence · text
“including 7.4 g/t Au”
PH-P1goldGrade: 11.82Grade Unit: g/tIntercept: 4 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- PH-P1
- Commodity
- gold
- Ticker
- CRG
Geometry
- Grade
- 11.82
- Grade Unit
- g/t
- Intercept
- 4 m
- From
- 21 m
- To
- 25 m
Classification
- Sample Type
- drill
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
Dates
- Event date
- 2026-06-10T00:00:00.000Z
Reasoning: High grade historical intercept used for targeting.
Positive factors
- High grade
Negative factors
- Historical data not independently verified
Evidence · text
“4 m @ 11.82 g/t Au from 21 m depth in PH-P1”
DDH-P7goldGrade: 7.2Grade Unit: g/tIntercept: 5 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- DDH-P7
- Commodity
- gold
- Ticker
- CRG
Geometry
- Grade
- 7.2
- Grade Unit
- g/t
- Intercept
- 5 m
- From
- 99 m
- To
- 104 m
Classification
- Sample Type
- drill
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
Dates
- Event date
- 2026-06-10T00:00:00.000Z
Reasoning: Historical drill intercept.
Positive factors
- Strong grade
Negative factors
- Historical data not independently verified
Evidence · text
“5 m @ 7.20 g/t Au from 99 m depth in DDH-P7”
PRC13goldGrade: 5.13Grade Unit: g/tIntercept: 6 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- PRC13
- Commodity
- gold
- Ticker
- CRG
Geometry
- Grade
- 5.13
- Grade Unit
- g/t
- Intercept
- 6 m
- From
- 33 m
- To
- 39 m
Classification
- Sample Type
- drill
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
Dates
- Event date
- 2026-06-10T00:00:00.000Z
Reasoning: Historical drill intercept.
Positive factors
- Strong grade
Negative factors
- Historical data not independently verified
Evidence · text
“6 m @ 5.13 g/t Au from 33 m depth in PRC13”
PRC32goldGrade: 33.05Grade Unit: g/tIntercept: 2 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- PRC32
- Commodity
- gold
- Ticker
- CRG
Geometry
- Grade
- 33.05
- Grade Unit
- g/t
- Intercept
- 2 m
- From
- 26 m
- To
- 28 m
Classification
- Sample Type
- drill
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
Dates
- Event date
- 2026-06-10T00:00:00.000Z
Reasoning: Very high grade historical intercept.
Positive factors
- Bonanza grade
Negative factors
- Historical data not independently verified
Evidence · text
“2 m @ 33.05 g/t Au from 26 m depth in PRC32”
How Atlas produces this analysis
Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.