Contact Gold Begins 2023 Drill Program at Green Springs Gold 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, Agreement transaction
- Extracted
- 2026-08-25 03:06:40 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Contact Gold has commenced its 2023 drill program at the Green Springs gold project in Nevada, supported by a US$ 10 million earn-in agreement with Centerra Gold. The program involves 4,500 metres of reverse circulation drilling targeting several high-grade zones including X-Ray and Echo.
Reasoning: The announcement details the start of a new exploration program backed by a major partner, though the specific drill results provided are historical restatements.
Positive factors
- commencement of new drill program
- strategic partnership with Centerra Gold
- history of high-grade intercepts
Facts used in scoring: 9
Classification and evidence
Step-Out Extensionpositive
Mineralization extended beyond the previously known limit.
Why it applies: Drilling will focus on stepping out from existing zones of high-grade oxidized gold mineralization.
Evidence · text
“Drilling will focus on stepping out from existing zones of high-grade oxidized gold mineralization”
Bonanza Interceptpositive
Exceptionally high-grade zone, well above the deposit-type norm.
Why it applies: 8.05 g/t Au over 12.19m is a high grade intercept for the project context.
Evidence · text
“8.05 g/t Au over 12.19 metres”
Extracted facts
Stored fact records: 9. Some facts used in scoring do not have a stored record.
Drill Results (9)
GS22-01Green Springs · goldGrade: 1.66Grade Unit: g/tIntercept: 28.96 mHistorical resultNeeds review: historical_restatementView all detailsHide details
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
- Sample Type
- drill
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
- 2023-05-31T00:00:00.000Z
Reasoning: Historical intercept reported as context for the new program.
Positive factors
- significant 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 detailsHide details
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
- Sample Type
- drill
- Group ID
- GS22-01:9.14-24.38
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
- 2023-05-31T00:00:00.000Z
Reasoning: High grade sub-interval within a historical hole.
Positive factors
- high grade sub-interval
Evidence · text
“Including 2.66 g/t Au over 15.24 metres”
GS22-04Green Springs · goldGrade: 1.95Grade Unit: g/tIntercept: 41.15 mHistorical resultNeeds review: historical_restatementView all detailsHide details
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
- Sample Type
- drill
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
- 2023-05-31T00:00:00.000Z
Reasoning: Historical intercept reported as context.
Positive factors
- large width
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 detailsHide details
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
- Sample Type
- drill
- Group ID
- GS22-04:15.24-30.48
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
- 2023-05-31T00:00:00.000Z
Reasoning: High grade sub-interval within a historical hole.
Positive factors
- high grade sub-interval
Evidence · text
“Including 3.71 g/t Au over 15.24 metres”
GS20-14Green Springs · goldGrade: 2.24Grade Unit: g/tIntercept: 35.05 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- GS20-14
- Project
- Green Springs
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- C
Geometry
- Grade
- 2.24
- Grade Unit
- g/t
- Intercept
- 35.05 m
- From
- 35 m
Classification
- Sample Type
- drill
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2021-12-31T00:00:00.000Z
Dates
- Event date
- 2023-05-31T00:00:00.000Z
Reasoning: Historical intercept reported as context.
Positive factors
- significant width
Evidence · text
“2.24 g/t oxide Au over 35.05 m from a depth of 35 metres in hole GS20-14”
GS20-14Green Springs · goldGrade: 3.14Grade Unit: g/tIntercept: 22.86 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- GS20-14
- Project
- Green Springs
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- C
Geometry
- Grade
- 3.14
- Grade Unit
- g/t
- Intercept
- 22.86 m
Classification
- Sample Type
- drill
- Group ID
- GS20-14:35-57.86
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2021-12-31T00:00:00.000Z
Dates
- Event date
- 2023-05-31T00:00:00.000Z
Reasoning: High grade sub-interval within a historical hole.
Positive factors
- high grade sub-interval
Evidence · text
“Including 3.14 g/t Au over 22.86 m”
GS19-07Green Springs · goldGrade: 2.36Grade Unit: g/tIntercept: 70.1 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- GS19-07
- Project
- Green Springs
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- C
Geometry
- Grade
- 2.36
- Grade Unit
- g/t
- Intercept
- 70.1 m
- From
- 80.77 m
Classification
- Sample Type
- drill
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2020-12-31T00:00:00.000Z
Dates
- Event date
- 2023-05-31T00:00:00.000Z
Reasoning: Historical intercept reported as context.
Positive factors
- very large width
Evidence · text
“2.36 g/t oxide Au over 70.10 m from a depth of 80.77 metres in hole GS19-07”
GS19-07Green Springs · goldGrade: 4.09Grade Unit: g/tIntercept: 38.1 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- GS19-07
- Project
- Green Springs
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- C
Geometry
- Grade
- 4.09
- Grade Unit
- g/t
- Intercept
- 38.1 m
Classification
- Sample Type
- drill
- Group ID
- GS19-07:80.77-118.87
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2020-12-31T00:00:00.000Z
Dates
- Event date
- 2023-05-31T00:00:00.000Z
Reasoning: High grade sub-interval within a historical hole.
Positive factors
- high grade sub-interval
Evidence · text
“Including 4.09 g/t Au over 38.10 metres”
GS19-07Green Springs · goldGrade: 8.05Grade Unit: g/tIntercept: 12.19 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- GS19-07
- Project
- Green Springs
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- C
Geometry
- Grade
- 8.05
- Grade Unit
- g/t
- Intercept
- 12.19 m
Classification
- Sample Type
- drill
- Group ID
- GS19-07:80.77-92.96
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2020-12-31T00:00:00.000Z
Dates
- Event date
- 2023-05-31T00:00:00.000Z
Reasoning: High grade sub-interval within a historical hole.
Positive factors
- bonanza intercept
Evidence · text
“and including: 8.05 g/t Au over 12.19 metres”
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.