Contact Gold Announces 2023 Exploration Program for the Green Springs Project

Original announcement by tmx on

Company
Contact Gold Corp.
Ticker
C
Exchange
TSX
Region
Nevada
Primary commodity
Gold
Secondary commodities
None reported
Document categories
Drill results, Other
Extracted
2026-08-25 03:11:42 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Contact Gold has announced a US$ 1.85 million exploration and drilling program for 2023 at its Green Springs oxide gold project in Nevada, funded by partner Centerra Gold. The program includes 4,500 metres of reverse circulation drilling targeting established high-grade zones and new greenfield targets.

Reasoning: The announcement focuses on the approval of a US$ 1.85M exploration program. While it includes high-grade 2022 drill intercepts, these are historical restatements used to provide context for the upcoming 2023 program rather than new assay results.

Positive factors

  • significant exploration budget approved
  • strategic partnership with Centerra Gold
  • high-grade oxide zones identified

Negative factors

  • historical results restated rather than new assays

Facts used in scoring: 10

Atlas analysis — Contact Gold Corp.: Contact Gold Announces 2023 Exploration Program for the Green Springs Project. 1.95 g/t over 41.15 m; 3.71 g/t over 15.24 m; 1.66 g/t over 28.96 m

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: Release mentions regular insertion of certified reference standards, blanks, and duplicates, and uses an ISO 17025 accredited lab.

Evidence · text

“Quality Assurance / Quality Control consists of regular insertion of certified reference standards, blanks, and duplicates.”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The 2023 program includes growing established high-grade oxide zones like X-Ray and Tango.

Evidence · text

“Drilling will focus on growing established high-grade oxide zones such as X-Ray and Tango”

Extracted facts

Stored fact records: 10. Some facts used in scoring do not have a stored record.

Drill Results (10)

GS22-01Green Springs · goldGrade: 1.66Grade Unit: g/tIntercept: 28.96 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
GS22-01
Project
Green Springs
Commodity
gold
Region
usa_nv
Reported Region
Nevada
Ticker
C

Geometry

Grade
1.66
Grade Unit
g/t
Intercept
28.96 m
From
9.14 m

Classification

Program
exploration
Sample Type
drill
Mining Method
open_pit

QA/QC

Laboratory
Paragon
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2022-12-31T00:00:00.000Z

Dates

Event date
2023-04-05T00:00:00.000Z

Reasoning: Historical intercept of 1.66 g/t Au over 28.96m.

Positive factors

  • strong width

Evidence · text

“1.66 g/t Au over 28.96 metres , from a depth of 9.14 metres, in drill hole GS22-01”
GS22-01Green Springs · goldGrade: 2.66Grade Unit: g/tIntercept: 15.24 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
GS22-01
Project
Green Springs
Commodity
gold
Region
usa_nv
Reported Region
Nevada
Ticker
C

Geometry

Grade
2.66
Grade Unit
g/t
Intercept
15.24 m

Classification

Program
exploration
Sample Type
drill
Mining Method
open_pit

QA/QC

Laboratory
Paragon
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2022-12-31T00:00:00.000Z

Dates

Event date
2023-04-05T00:00:00.000Z

Reasoning: High-grade sub-interval within GS22-01.

Positive factors

  • high grade sub-interval

Evidence · text

“Including: 2.66 g/t Au over 15.24 metres”
GS22-02Green Springs · goldGrade: 0.82Grade Unit: g/tIntercept: 35.05 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
GS22-02
Project
Green Springs
Commodity
gold
Region
usa_nv
Reported Region
Nevada
Ticker
C

Geometry

Grade
0.82
Grade Unit
g/t
Intercept
35.05 m
From
9.14 m

Classification

Program
exploration
Sample Type
drill
Mining Method
open_pit

QA/QC

Laboratory
Paragon
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2022-12-31T00:00:00.000Z

Dates

Event date
2023-04-05T00:00:00.000Z

Reasoning: Historical intercept of 0.82 g/t Au over 35.05m.

Positive factors

  • significant width

Evidence · text

“0.82 g/t Au over 35.05 metres , from a depth of 9.14 metres, in drill hole GS22-02”
GS22-02Green Springs · goldGrade: 1.32Grade Unit: g/tIntercept: 16.76 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
GS22-02
Project
Green Springs
Commodity
gold
Region
usa_nv
Reported Region
Nevada
Ticker
C

Geometry

Grade
1.32
Grade Unit
g/t
Intercept
16.76 m

Classification

Program
exploration
Sample Type
drill
Mining Method
open_pit

QA/QC

Laboratory
Paragon
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2022-12-31T00:00:00.000Z

Dates

Event date
2023-04-05T00:00:00.000Z

Reasoning: High-grade sub-interval within GS22-02.

Positive factors

  • high grade sub-interval

Evidence · text

“Including: 1.32 g/t Au over 16.76 metres”
GS22-04Green Springs · goldGrade: 1.95Grade Unit: g/tIntercept: 41.15 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
GS22-04
Project
Green Springs
Commodity
gold
Region
usa_nv
Reported Region
Nevada
Ticker
C

Geometry

Grade
1.95
Grade Unit
g/t
Intercept
41.15 m
From
15.24 m

Classification

Program
exploration
Sample Type
drill
Mining Method
open_pit

QA/QC

Laboratory
Paragon
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2022-12-31T00:00:00.000Z

Dates

Event date
2023-04-05T00:00:00.000Z

Reasoning: Historical intercept of 1.95 g/t Au over 41.15m.

Positive factors

  • strong width
  • good grade

Evidence · text

“1.95 g/t Au over 41.15 metres , from a depth of 15.24 metres, in drill hole GS22-04”
GS22-04Green Springs · goldGrade: 3.71Grade Unit: g/tIntercept: 15.24 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
GS22-04
Project
Green Springs
Commodity
gold
Region
usa_nv
Reported Region
Nevada
Ticker
C

Geometry

Grade
3.71
Grade Unit
g/t
Intercept
15.24 m

Classification

Program
exploration
Sample Type
drill
Mining Method
open_pit

QA/QC

Laboratory
Paragon
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2022-12-31T00:00:00.000Z

Dates

Event date
2023-04-05T00:00:00.000Z

Reasoning: High-grade sub-interval within GS22-04.

Positive factors

  • high grade sub-interval

Evidence · text

“Including: 3.71 g/t Au over 15.24 metres”
GS22-09Green Springs · goldGrade: 0.51Grade Unit: g/tIntercept: 30.48 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
GS22-09
Project
Green Springs
Commodity
gold
Region
usa_nv
Reported Region
Nevada
Ticker
C

Geometry

Grade
0.51
Grade Unit
g/t
Intercept
30.48 m
From
4.57 m

Classification

Program
exploration
Sample Type
drill
Mining Method
open_pit

QA/QC

Laboratory
Paragon
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2022-12-31T00:00:00.000Z

Dates

Event date
2023-04-05T00:00:00.000Z

Reasoning: Historical intercept of 0.51 g/t Au over 30.48m.

Positive factors

  • significant width

Evidence · text

“0.51 g/t Au over 30.48 metres , from a depth of 4.57 metres, in drill hole GS22-09”
GS22-09Green Springs · goldGrade: 1.02Grade Unit: g/tIntercept: 3.05 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
GS22-09
Project
Green Springs
Commodity
gold
Region
usa_nv
Reported Region
Nevada
Ticker
C

Geometry

Grade
1.02
Grade Unit
g/t
Intercept
3.05 m

Classification

Program
exploration
Sample Type
drill
Mining Method
open_pit

QA/QC

Laboratory
Paragon
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2022-12-31T00:00:00.000Z

Dates

Event date
2023-04-05T00:00:00.000Z

Reasoning: High-grade sub-interval within GS22-09.

Positive factors

  • high grade sub-interval

Evidence · text

“Including: 1.02 g/t Au over 3.05 metres”
GS22-08Green Springs · goldGrade: 0.7Grade Unit: g/tIntercept: 16.76 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
GS22-08
Project
Green Springs
Commodity
gold
Region
usa_nv
Reported Region
Nevada
Ticker
C

Geometry

Grade
0.7
Grade Unit
g/t
Intercept
16.76 m
From
3.05 m

Classification

Program
exploration
Sample Type
drill
Mining Method
open_pit

QA/QC

Laboratory
Paragon
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2022-12-31T00:00:00.000Z

Dates

Event date
2023-04-05T00:00:00.000Z

Reasoning: Historical intercept of 0.7 g/t Au over 16.76m.

Evidence · text

“0.70 g/t Au over 16.76 metres , from a depth of 3.05 metres, in drill hole GS22-08”
GS22-11Green Springs · goldGrade: 0.45Grade Unit: g/tIntercept: 24.38 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
GS22-11
Project
Green Springs
Commodity
gold
Region
usa_nv
Reported Region
Nevada
Ticker
C

Geometry

Grade
0.45
Grade Unit
g/t
Intercept
24.38 m
From
19.81 m

Classification

Program
exploration
Sample Type
drill
Mining Method
open_pit

QA/QC

Laboratory
Paragon
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2022-12-31T00:00:00.000Z

Dates

Event date
2023-04-05T00:00:00.000Z

Reasoning: Historical intercept of 0.45 g/t Au over 24.38m.

Evidence · text

“0.45 g/t Au over 24.38 metres, from a depth of 19.81 metres, in drill hole GS22-11”

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.