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Crossroads Gold Identifies Strong Gold-Antimony Soil Anomalies Including Gold-In-Soil Values up to 4.5 g/t Au at Steiglitz Gold Project in Victoria, Australia
Vancouver, British Columbia--(Newsfile Corp. - May 14, 2026) - Crossroads Gold Corp. (TSXV: CRG) (OTCQB: CRGCF) (FSE: FI1) (the "Company" or "Crossroads") is
About this update from Crossroads Gold Corp.
[{"type":"text","content":" Vancouver, British Columbia--(Newsfile Corp. - May 14, 2026) - Crossroads Gold Corp. (TSXV: CRG) (OTCQB: CRGCF) (FSE: FI1) (the \"Company\" or \"Crossroads\") is pleased to announce the results of the first batch of 247 soil samples assayed for gold (Au) from its maiden systematic soil sampling program (the \"Program\"), as previously announced by the Company on March 31, 2026, at the Steiglitz Gold Project (the \"Steiglitz Gold Project\"), located approximately 80 kilometres west of Melbourne in the state of Victoria, Australia. Soil samples assayed as high as 4,500 ppb (4.5 g/t) gold with 17 samples assaying over 100 ppb forming discrete zones of cohesive strong gold-in-soil trends coincident and along the Hanover Fault Zone, a key target area for gold-antimony mineralization. Mr. Rex Motton, CEO & Director of Crossroads, commented, \"Gold-in-soil values of up to 4.5 g/t gold are exceptionally strong for surface geochemical sampling and may indicate proximity to high-grade bedrock mineralization. The initial soil sampling results continue to validate Steiglitz as a highly compelling exploration opportunity in an emerging Victorian gold-antimony district. These results continue to strengthen our view that Steiglitz could potentially host a large-scale epizonal gold-antimony system. The strong correlation between gold, antimony, and arsenic mineralization is particularly important. These pathfinder signatures are characteristic of several of Victoria's most significant recent discoveries, including Agnico-Eagle's Fosterville and Southern Cross' Sunday Creek Project. Despite historical production of approximately 250,000 ounces of gold at 38 g/t gold, only five historical drill holes have been completed across this large mineralized system, and we believe Steiglitz offers significant discovery potential.\" The two major areas of gold-in-soil mineralization correspond to the old gold mines of the Hanover No.1 and Hanover No. 2 mines, along the Hanover Fault Zone but specifically from old soil profiles affected by previous mining. At Hanover No. 1, gold-in-soil assays peaked at 1,022 ppb gold (1.02 g/t Au) on an area of 150 by 80 meters and at Hanover No. 2 gold-in-soil peaked at 4,500 ppb gold (4.5 g/t Au) on an area of 200 by 150 meters based upon a >40 ppb Au contour. Both prospect areas have assays demonstrating a broad...