Crossroads Gold Preparing to Drill Pambula Goldfield for the First Time in 46 Years

About this update from Crossroads Gold Corp.

(via TheNewswire)   Vancouver, BC – TheNewswire - June 30, 2026 – Global Stocks News - Sponsored content disseminated on behalf of Crossroads Gold. On June 25, 2026 Crossroads Gold (TSXV: CRG) (OTCQB: CRGCF) (FSE: FI1) announced that it has compiled mining records, Geological Survey Data, structural interpretations and historical production data into a modern exploration framework at the Pambula Gold Project in New South Wales, Australia, in preparation for its maiden drill program. Crossroads Gold is developing multiple gold projects in southeastern Australia, a metal-rich Tier-1 mining jurisdiction. The Company’s portfolio includes the Pambula Gold Project, the Steiglitz Gold Project, the Pheasant Creek Project, and the Club Terrace Project. Click Image To View Full Size “I first visited Pambula in 2013 while I was on holiday with my family,” Rex Motton, Crossroads CEO & Director, told Guy Bennett, the CEO of Global Stocks News (GSN). “I noticed that it had been staked. Over the years, I kept my eye on it, watched different operators come and go. The property has not been drilled for 46 years. After more than a century of mining history and four decades without drilling, Crossroads believes Pambula represents one of Australia's most overlooked gold exploration opportunities." The New South Wales government has a Mines & Resources website, where Crossroads has been downloading archival exploration licenses, reports, maps and drill data. Some of the data dates back to the 1890s. Although historical mining in the 1890’s achieved recovered grades estimated at 30 g/t gold, modern exploration has been minimal, with most work in the 1980s focused on shallow, open-pit concepts. As a result, Motton believes that significant potential remains for deeper drilling targeting sulphide-hosted mineralization. “Historical evidence suggests the field's decline was driven more by metallurgical limitations and lack of capital — not because the geological system was depleted,” stated Motton. “Modern exploration methods and contemporary sulphide-processing technologies offer the potential to unlock substantial value across this underexplored district." Key findings from historical data compilation: Broad, continuous gold mineralization at depth, highlighted by hole DDH-P7 returning 16m at 2.36 g/t Au from 94m, including 5m at 6.62 g/t Au, with no follow-up drill...

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