Contact Gold Hits 1.90 g/t Oxide Gold Over 25.91 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 03:08:40 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Contact Gold has reported significant step-out drill results at the Green Springs gold project in Nevada. The results from the X-Ray zone include an intercept of 1.90 g/t Au over 25.91 metres, successfully extending the mineralized footprint to the northeast.

Reasoning: Successful step-out drilling at the X-Ray zone has extended the known gold footprint to the northeast with significant thicknesses and solid grades.

Positive factors

  • Step-out extension of mineralization
  • Thick oxide intercepts
  • Strong continuity

Facts used in scoring: 6

Classification and evidence

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: Drill holes GS23-10, GS23-11 and GS23-12 successfully extended gold mineralization to the northeast.

Evidence · text

“successfully extended gold mineralization to the northeast”

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 review and approval by a Qualified Person (Vance Spalding, CPG).

Evidence · text

“reviewed and approved by Vance Spalding, CPG, VP Exploration, Contact Gold, who is a “qualified person””

Extracted facts

Stored fact records: 6. Some facts used in scoring do not have a stored record.

Drill Results (6)

GS23-10Green Springs · goldGrade: 1.9Grade Unit: g/tIntercept: 25.91 mView all details
Link to this fact

Identity

Hole ID
GS23-10
Project
Green Springs
Commodity
gold
Region
usa_nv
Reported Region
Nevada
Ticker
C

Geometry

Grade
1.9
Grade Unit
g/t
Intercept
25.91 m
From
89.92 m

Classification

Program
exploration
Sample Type
drill
Group ID
GS23-10:89.92-115.83
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
2023-08-17T00:00:00.000Z

Reasoning: Significant step-out intercept extending the footprint.

Positive factors

  • Step-Out Extension
  • Thick intercept

Evidence · text

“1.90 g/t Au over 25.91 metres, from a depth of 89.92 metres, in drill hole GS23-10”
GS23-10Green Springs · goldGrade: 2.5Grade Unit: g/tIntercept: 18.29 mView all details
Link to this fact

Identity

Hole ID
GS23-10
Project
Green Springs
Commodity
gold
Region
usa_nv
Reported Region
Nevada
Ticker
C

Geometry

Grade
2.5
Grade Unit
g/t
Intercept
18.29 m

Classification

Program
exploration
Sample Type
drill
Group ID
GS23-10:89.92-115.83
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
2023-08-17T00:00:00.000Z

Reasoning: Stronger grade within the main intercept.

Positive factors

  • High grade sub-interval

Evidence · text

“Including: 2.50 g/t Au over 18.29 metres”
GS23-11Green Springs · goldGrade: 1.41Grade Unit: g/tIntercept: 12.19 mView all details
Link to this fact

Identity

Hole ID
GS23-11
Project
Green Springs
Commodity
gold
Region
usa_nv
Reported Region
Nevada
Ticker
C

Geometry

Grade
1.41
Grade Unit
g/t
Intercept
12.19 m
From
85.34 m

Classification

Program
exploration
Sample Type
drill
Group ID
GS23-11:85.34-97.53
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
2023-08-17T00:00:00.000Z

Reasoning: Moderate grade intercept in step-out drilling.

Evidence · text

“1.41 g/t Au over 12.19 metres, from a depth of 85.34 metres, in drill hole GS23-11”
GS23-11Green Springs · goldGrade: 2.45Grade Unit: g/tIntercept: 4.57 mView all details
Link to this fact

Identity

Hole ID
GS23-11
Project
Green Springs
Commodity
gold
Region
usa_nv
Reported Region
Nevada
Ticker
C

Geometry

Grade
2.45
Grade Unit
g/t
Intercept
4.57 m

Classification

Program
exploration
Sample Type
drill
Group ID
GS23-11:85.34-97.53
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
2023-08-17T00:00:00.000Z

Reasoning: Higher grade sub-interval.

Evidence · text

“Including: 2.45 g/t Au over 4.57 metres”
GS23-12Green Springs · goldGrade: 1.67Grade Unit: g/tIntercept: 10.67 mView all details
Link to this fact

Identity

Hole ID
GS23-12
Project
Green Springs
Commodity
gold
Region
usa_nv
Reported Region
Nevada
Ticker
C

Geometry

Grade
1.67
Grade Unit
g/t
Intercept
10.67 m
From
85.34 m

Classification

Program
exploration
Sample Type
drill
Group ID
GS23-12:85.34-96.01
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
2023-08-17T00:00:00.000Z

Reasoning: Moderate grade intercept in step-out drilling.

Evidence · text

“1.67 g/t Au over 10.67 metres, from a depth of 85.34 metres, in drill hole GS23-12”
GS23-12Green Springs · goldGrade: 2.03Grade Unit: g/tIntercept: 7.62 mView all details
Link to this fact

Identity

Hole ID
GS23-12
Project
Green Springs
Commodity
gold
Region
usa_nv
Reported Region
Nevada
Ticker
C

Geometry

Grade
2.03
Grade Unit
g/t
Intercept
7.62 m

Classification

Program
exploration
Sample Type
drill
Group ID
GS23-12:85.34-96.01
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
2023-08-17T00:00:00.000Z

Reasoning: Higher grade sub-interval.

Evidence · text

“Including: 2.03 g/t Au over 7.62 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.