Gold Projects in Victoria
Strategic exploration portfolio in one of the world's most prolific gold jurisdictions with proven infrastructure and exceptional discovery potential.
Victoria: Australia's Premier Gold Province
Victoria State has produced over 80 million ounces of gold since the 1850s gold rush, establishing it as one of the world's most endowed gold provinces.
Globally Recognized Tier 1 Jurisdiction
Australia is consistently ranked a top jurisdiction worldwide for investment and is home to world-class deposits including Fosterville (Agnico), Boddington, Cadia & Tanami (Newmont), Tropicana (AngloGold) and Kalgoorlie (Normandy/Homestake).
Robust Mining-Driven Economy
Mining contributes ~14% to Australia’s GDP and $400bn+ in annual exports. A deep pool of mining talent, service providers, drill contractors, geologists and assay labs enables short timelines from planning to execution.
Victoria: A Modern Gold Revival
Victoria’s “Golden Triangle” is one of the highest-grade gold districts globally (Fosterville 30 g/t Au zones), with numerous underexplored structural corridors and new discoveries in the Bendigo–Ballarat zone (Southern Cross).
Victoria: Top Gold Producing State
Victoria has produced more gold than any other state, totaling 80M+ oz historically. Home to Agnico’s Fosterville Mine — one of the highest-grade, lowest-cost gold mines of the last decade — producing 4.4M oz to date (2024YE).
High Geological Prospectivity
Geology dominated by the Bendigo and Melbourne Zones. Structural corridors with proven potential for 1M+ oz deposits, dominated by high-grade orogenic quartz vein systems.
Premier Infrastructure
Excellent access to Melbourne International Airport, highways, workforce, logistics and mining service hubs. Established land access frameworks and year-round exploration with a mild climate.
Supportive Mining Governance
Clear permitting paths for mineral titles and environmental baseline work. Favorable fiscal terms, with only a 2.75% state royalty on gold production.
Safe, Low-Risk Environment
Low political and sovereign risk with clear, stable rule of law, a transparent regulatory framework and supportive government policy for mining. High ESG standards, community engagement and Indigenous participation processes.
Victoria: A Robust Mining History Since 1851
Timeline of Gold Mining in Victoria
Fosterville revival in 2006 and Sunday Creek revival in 2022 have resurrected Victoria State
Gold first discovered
- •Beginning of Victorian Gold Rush
- •Population of Melbourne doubles in 10 years
Hard Rock Era
- •Bendigo, Ballarat start production
- •>60M oz produced during this period
- •Steiglitz produces 250k oz gold
- •Fosterville mined 1894–1903
The Decline
- •Shallow mining slowly exhausted
- •Limited modern exploration
- •Fosterville mined 1989 to 2003
Modern Revival
- •Fosterville restarts commercial production (open-pit sulphides), with UG mining starting in 2006
Fosterville Re-Rating
- •Swan Zone discovery with grades >30 g/t
- •Kirkland Lake valuation explodes
- •Fosterville produces >500,000 oz Au/year
Agnico acquires Fosterville
- •Agnico-Eagle completes acquisition of Kirkland Lake Gold as a merger-of-equals (pro-forma market cap of US$22.4bn)
Sunday Creek Gold Rush
- •Southern Cross pulls >100g/t Au intersections
- •Market cap balloons, stock up 10x
GPAC Divestments
- •GPAC divests Australian assets: Golden Cross acquires Reedy Creek
- •Adelong acquires Lauriston
- •SXGC reaches $3bn mkt. cap.
Emergence of Crossroads
- •Crossroads Gold lists on TSXV under symbol ‘CRG’
The Victoria Gold Rush — Key Assets
Steiglitz Gold Project
Historic Production – ~250,000 oz Au at recovered grades of ~38 g/t Au
Geological Setting – Historic production largely from parallel veins within a fault zone splay off the Hanover Fault. Gold-antimony vein system analogous to Fosterville gold deposits.
- One of the top historical producers in the Bendigo Gold Belt
- Limited modern drilling on the Hanover Fault only
- Located on the Fosterville – Selwyn Block margin trend
- High-grade precedent and strong structural controls remain unexplored
- Excellent access and infrastructure, 80km west of Melbourne
- Located within the prolific gold producing Bendigo Zone of the Lachlan Fold Belt
- One of the first hard rock Australian goldfields discovered in 1855
Unlocking a District-Scale Gold System
A Proven System, Never Fully Tested
The Steiglitz Goldfield was established in 1856 and quickly became a high-grade quartz reef mining district, producing rich specimen stone from multiple reefs. While early mining was largely shallow and fragmented, deeper operations in the 1890s demonstrated that gold mineralization persisted at depth, with workings extending beyond 750 feet.
Mining declined due to technical and capital limitations — not geological exhaustion. Historical records indicate the system remained open at depth and was never systematically explored using modern methods.
Crossroads is applying modern exploration techniques to a historically proven gold system with clear evidence of high-grade mineralization and depth continuity. Backed by an experienced team and strong capital markets support, the Company is advancing a pipeline of targets with the goal of unlocking a new gold discovery in one of Australia's most prospective belts.
Pheasant Creek
Strategic Position – Immediately adjacent (4 km) to Southern Cross Gold’s Sunday Creek discovery, one of the world’s best epizonal discoveries.
Geology – Epizonal, fault and dyke controlled gold-antimony mineralization analogous to Sunday Creek style system.
- Located 60km north of Melbourne, Australia
- Directly adjacent to Southern Cross’ Sunday Creek Project, only 4km from the deposit
- Adjacent to one of the world’s best epizonal discoveries
- Gold mineralization occurs as epizonal fault-controlled quartz veins
- 6km of under explored auriferous dykes mined in the 1890s
- Strong pathfinder anomalism (Au-As-Sb)
- Fully funded exploration program to commence in H1 2026
Pambula
Project Details Coming Soon
Detailed information on the Pambula project is currently being compiled and will be published shortly. Please check back for updates on geology, historical production, exploration targets and planned work programs.
Club Terrace
Project Details Coming Soon
Detailed information on the Club Terrace project is currently being compiled and will be published shortly. Please check back for updates on geology, historical production, exploration targets and planned work programs.
Exceptional Discovery Potential in a Premier Gold Province
Our strategic project portfolio positions Crossroads Gold for significant discoveries in one of the world's most prolific gold jurisdictions.