Crossroads Gold Preparing to Drill Pambula Goldfield for the First Time in 46 Years
Original announcement by tmx on
- Company
- Crossroads Gold
- Ticker
- CRG
- Exchange
- TSX
- Region
- New South Wales, Australia
- Primary commodity
- Gold
- Secondary commodities
- Silver, Antimony
- Document categories
- Drill results, Other
- Extracted
- 2026-09-13 18:37:32 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Crossroads Gold is preparing for a maiden drill program at the Pambula Gold Project in New South Wales, following a comprehensive review of historical mining and geological data. The company aims to target deep, structurally controlled sulphide-hosted gold mineralization that was previously overlooked by shallow exploration.
Reasoning: The company is preparing for its first drill program in 46 years at Pambula, leveraging historical high-grade data and modern structural modeling to target deep sulphide-hosted gold.
Positive factors
- maiden drill program preparation
- historical high-grade intercepts
- district-scale potential
- sulphide-hosted mineralization targets
Negative factors
- historical data is old
- permitting still pending forest permit
Facts used in scoring: 2
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 release mentions a Qualified Person (Rex Motton) reviewed and approved the technical information.
Evidence · text
“reviewed and approved by Mr. Neil (Rex) Motton, who is a "Qualified Person"”
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: The company is targeting a district-scale system based on historical mining and proximity to known structures.
Evidence · text
“Pambula is emerging as a compelling district-scale gold system”
Extracted facts
Stored fact records: 2. Some facts used in scoring do not have a stored record.
Drill Results (2)
DDH-P7structurally controlled hydrothermal · goldGrade: 2.36Grade Unit: g/tIntercept: 16 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- DDH-P7
- Project
- structurally controlled hydrothermal
- Commodity
- gold
- Region
- australia_nsw
- Reported Region
- australia_nsw
- Ticker
- CRG
Geometry
- Grade
- 2.36
- Grade Unit
- g/t
- Intercept
- 16 m
- From
- 94 m
- To
- 110 m
- Intercept Depth
- 94 m
Classification
- Sample Type
- drill
- Group ID
- DDH-P7:94-110
QA/QC
- QA/QC Methods
- standards
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
Dates
- Event date
- 2026-06-30T00:00:00.000Z
Reasoning: Historical intercept of 16m at 2.36 g/t Au.
Positive factors
- continuous mineralization
Negative factors
- historical data
Evidence · text
“hole DDH-P7 returning 16m at 2.36 g/t Au from 94m”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Stale Data Re-releasenegative
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Why it applies: the fact restates a prior release
DDH-P7structurally controlled hydrothermal · goldGrade: 6.62Grade Unit: g/tIntercept: 5 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- DDH-P7
- Project
- structurally controlled hydrothermal
- Commodity
- gold
- Region
- australia_nsw
- Reported Region
- australia_nsw
- Ticker
- CRG
Geometry
- Grade
- 6.62
- Grade Unit
- g/t
- Intercept
- 5 m
- From
- 94 m
- To
- 99 m
- Intercept Depth
- 94 m
Classification
- Sample Type
- drill
- Group ID
- DDH-P7:94-99
QA/QC
- QA/QC Methods
- standards
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
Dates
- Event date
- 2026-06-30T00:00:00.000Z
Reasoning: High-grade sub-interval within DDH-P7.
Positive factors
- high-grade sub-interval
Negative factors
- historical data
Evidence · text
“including 5m at 6.62 g/t Au”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Stale Data Re-releasenegative
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Why it applies: the fact restates a prior release
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.