Contact Gold Extends X-Ray Zone by 120 Metres in Step-Out Drilling at Green Springs
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
- Extracted
- 2026-08-25 03:10:28 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Contact Gold has reported step-out drill results from the X-Ray Zone at the Green Springs project in Nevada, extending the zone by 120 metres. The results include several thick oxide gold intercepts, including 0.80 g/t Au over 48.77 metres in hole GS23-14.
Reasoning: Step-out drilling successfully extended the X-Ray zone by 120m with consistent oxide gold intercepts, although grades are moderate compared to the project's best historical intercepts.
Positive factors
- Step-Out Extension
- continuity
- wide open for growth
Facts used in scoring: 6
Classification and evidence
Step-Out Extensionpositive
Mineralization extended beyond the previously known limit.
Why it applies: Drilling at GS23-13 and GS23-14 from a new pad 100m south of discovery zone extends the X-Ray zone.
Evidence · text
“Contact Gold Extends X-Ray Zone by 120 Metres in Step-Out Drilling”
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: The release names a Qualified Person (Vance Spalding, CPG) and references NI 43-101 compliance.
Evidence · text
“reviewed and approved by Vance Spalding, CPG, VP Exploration, Contact Gold, who is a “qualified person” within the meaning of National Instrument 43-101”
Extracted facts
Stored fact records: 6. Some facts used in scoring do not have a stored record.
Drill Results (6)
GS23-13Green Springs · goldGrade: 0.86Grade Unit: g/tIntercept: 35.05 mView all detailsHide details
Identity
- Hole ID
- GS23-13
- Project
- Green Springs
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- C
Geometry
- Grade
- 0.86
- Grade Unit
- g/t
- Intercept
- 35.05 m
- From
- 77.72 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- GS23-13:77.72-112.77
- Mining Method
- open_pit
QA/QC
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2023-09-06T00:00:00.000Z
Reasoning: Thick intercept of 35m provides good continuity, though grade is moderate.
Positive factors
- continuity
Evidence · text
“0.86 g/t Au over 35.05 metres, from a depth of 77.72 metres, in drill hole GS23-13 - oxide”
GS23-13Green Springs · goldGrade: 1.22Grade Unit: g/tIntercept: 18.29 mView all detailsHide details
Identity
- Hole ID
- GS23-13
- Project
- Green Springs
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- C
Geometry
- Grade
- 1.22
- Grade Unit
- g/t
- Intercept
- 18.29 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- GS23-13:77.72-112.77
- Mining Method
- open_pit
QA/QC
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2023-09-06T00:00:00.000Z
Reasoning: Higher grade sub-interval within the main intercept.
Evidence · text
“1.22 g/t Au over 18.29 metres – oxide”
GS23-14Green Springs · goldGrade: 0.8Grade Unit: g/tIntercept: 48.77 mView all detailsHide details
Identity
- Hole ID
- GS23-14
- Project
- Green Springs
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- C
Geometry
- Grade
- 0.8
- Grade Unit
- g/t
- Intercept
- 48.77 m
- From
- 64.01 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- GS23-14:64.01-112.78
- Mining Method
- open_pit
QA/QC
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2023-09-06T00:00:00.000Z
Reasoning: Very thick intercept providing significant continuity.
Positive factors
- continuity
Evidence · text
“0.80 g/t Au over 48.77 metres , from a depth of 64.01 metres, in drill hole GS23-14 – mixed”
GS23-14Green Springs · goldGrade: 1.91Grade Unit: g/tIntercept: 15.24 mView all detailsHide details
Identity
- Hole ID
- GS23-14
- Project
- Green Springs
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- C
Geometry
- Grade
- 1.91
- Grade Unit
- g/t
- Intercept
- 15.24 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- GS23-14:64.01-112.78
- Mining Method
- open_pit
QA/QC
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2023-09-06T00:00:00.000Z
Reasoning: Stronger grade sub-interval.
Evidence · text
“1.91 g/t Au over 15.24 metres – oxide”
GS23-17Green Springs · goldGrade: 0.57Grade Unit: g/tIntercept: 18.29 mView all detailsHide details
Identity
- Hole ID
- GS23-17
- Project
- Green Springs
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- C
Geometry
- Grade
- 0.57
- Grade Unit
- g/t
- Intercept
- 18.29 m
- From
- 36.58 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- GS23-17:36.58-54.87
- Mining Method
- open_pit
QA/QC
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2023-09-06T00:00:00.000Z
Reasoning: Low grade intercept.
Evidence · text
“0.57 g/t Au over 18.29 metres , from a depth of 36.58 metres, in drill hole GS23-17 - oxide”
GS23-17Green Springs · goldGrade: 1.3Grade Unit: g/tIntercept: 3.05 mView all detailsHide details
Identity
- Hole ID
- GS23-17
- Project
- Green Springs
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- C
Geometry
- Grade
- 1.3
- Grade Unit
- g/t
- Intercept
- 3.05 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- GS23-17:36.58-54.87
- Mining Method
- open_pit
QA/QC
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2023-09-06T00:00:00.000Z
Reasoning: Higher grade sub-interval, but narrow width.
Evidence · text
“Including: 1.30 g/t Au over 3.05 metres – oxide”
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.