Business
Crossroads Gold Closes Acquisition of Rox-ex and Its Pambula and Club Terrace Projects in Southeastern Australia, and Announces Steiglitz Project Update
Vancouver, British Columbia--(Newsfile Corp. - May 28, 2026) - Crossroads Gold Corp. (TSXV: CRG) (OTCQB: CRGCF) (FSE: FI1) ("Crossroads" or the "Company") is pleased to announce that it has closed the previously announced acquisition from Ms Liza Gazis (the "Vendor") of 100% of the issued and outstanding shares of Rox-ex Pty Ltd. ("Rox-ex"), a privately held Australian exploration company (the "Acquisition"). Rox-ex holds a portfolio of highly prospective gold and base-metal exploration assets..
About this update from Crossroads Gold Corp.
[{"type":"text","content":"Vancouver, British Columbia--(Newsfile Corp. - May 28, 2026) - Crossroads Gold Corp. (TSXV: CRG) (OTCQB: CRGCF) (FSE: FI1) ("Crossroads" or the "Company") is pleased to announce that it has closed the previously announced acquisition from Ms Liza Gazis (the "Vendor") of 100% of the issued and outstanding shares of Rox-ex Pty Ltd. ("Rox-ex"), a privately held Australian exploration company (the "Acquisition"). Rox-ex holds a portfolio of highly prospective gold and base-metal exploration assets in southeastern Australia, including the Pambula Gold Project ("Pambula") in New South Wales and the Club Terrace Project ("Club Terrace") in Victoria (together, the "Projects").","length":757,"tagName":"p"},{"type":"text","content":"Crossroads CEO and Director, Rex Motton, commented, "Closing the Rox-ex acquisition marks another important milestone in building Crossroads into a leading Australian-focused gold exploration company. Pambula and Club Terrace complement our existing portfolio with two highly prospective and underexplored gold systems located within the prolific Lachlan Fold Belt, one of the world's premier gold provinces. Pambula stands out as a compelling exploration opportunity, with historical high-grade gold production, modern wide gold drill intercepts with high grade intervals, evidence of a large-scale epithermal system, and mineralization that remains open along strike and at depth. At Club Terrace, we see significant district-scale potential across a largely untested structural corridor containing a series of high-grade historical goldfields spread over a length of 30 km with virtually no modern gold-focused exploration. With a strong treasury, an experienced in-country technical team, and a growing portfolio of drill-ready targets, we believe Crossroads is well positioned to execute an aggressive exploration strategy aimed at delivering meaningful new discoveries in Australia."","length":1203,"tagName":"p"},{"type":"text","content":"Next Steps","length":10,"tagName":"p"},{"type":"text","content":"Crossroads intends to immediately advance exploration activities at Pambula, including drill targeting at the Pilot Fissure Zone, expanded soil and rock geochemical programs, detailed structural mapping, and prioritization of high-g...