# Contact Gold Hits 5.06 G/T Oxide Gold Over 10.7 Metres, Within 1.97 G/T AU Over 35.1 Metres at Green Springs

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/contact-gold-hits-5-06-g-t-oxide-gold-over-10-7-metres-within-1-97-g-t-au-over-3--ec1cc04c-e2d5-455e-828e-b40366de232e

Original source: https://money.tmx.com/en/quote/C/news/8119463884969949/contact-gold-hits-5-06-g-t-oxide-gold-over-10-7-metres-within-1-97-g-t-au-over-3

Publisher: tmx

Original announcement: 2023-07-27T10:30:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- 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 03:08:53 UTC

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas summary

Contact Gold reported significant step-out drill results from its Green Springs project in Nevada, highlighted by high-grade oxide gold intercepts in the X-Ray Zone. Notable intercepts include 6.96 g/t Au over 4.57m and 5.06 g/t Au over 10.67m, extending mineralization to the east and southeast.

Reasoning: Strong step-out drill results at the X-Ray zone with high-grade intercepts \(up to 6.96 g/t Au\) extending known mineralization.

- Positive factor: Step-Out Extension

- Positive factor: Strong grades in X-Ray zone

- Positive factor: Continuity demonstrated

Facts used in scoring: 7

## Classification and evidence

**Step-Out Extension**

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Why it applies: Results extend mineralization to the east and southeast from 2021 discovery holes.

Evidence · text

> These new results further extend mineralization to the east and southeast from the 2021 discovery holes

**Bonanza Intercept**

Polarity: positive

Definition: Exceptionally high-grade zone, well above the deposit-type norm.

Why it applies: Intercepts of 5.06 g/t and 6.96 g/t Au are exceptionally high grade.

Evidence · text

> Including: 5.06 g/t Au over 10.67 metres

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: 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: 7. Some facts used in scoring do not have a stored record.

## Drill Results (7)

### GS23-06

[Link to this fact](https://atlas-staging.minestarters.com/news/contact-gold-hits-5-06-g-t-oxide-gold-over-10-7-metres-within-1-97-g-t-au-over-3--ec1cc04c-e2d5-455e-828e-b40366de232e#fact-drill-facts-0)

Green Springs · gold

#### Identity

- Hole ID: GS23-06
- Project: Green Springs
- Commodity: gold
- Region: usa\_nv
- Reported Region: Nevada
- Ticker: C

#### Geometry

- Grade: 1.14
- Grade Unit: g/t
- Intercept: 27.43 m
- From: 16.76 m
- To: 44.2 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: GS23-06:16.76-44.2
- Mining Method: unknown

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2023-07-27T00:00:00.000Z

Reasoning: Solid grade and thickness in a step-out hole.

- Positive factor: Step-Out Extension

Evidence · text

> 1.14 g/t Au over 27.43 metres, from a depth of 16.76 metres, in drill hole GS23-06

### GS23-06

[Link to this fact](https://atlas-staging.minestarters.com/news/contact-gold-hits-5-06-g-t-oxide-gold-over-10-7-metres-within-1-97-g-t-au-over-3--ec1cc04c-e2d5-455e-828e-b40366de232e#fact-drill-facts-1)

Green Springs · gold

#### Identity

- Hole ID: GS23-06
- Project: Green Springs
- Commodity: gold
- Region: usa\_nv
- Reported Region: Nevada
- Ticker: C

#### Geometry

- Grade: 1.73
- Grade Unit: g/t
- Intercept: 10.67 m
- From: 27.43 m
- To: 38.1 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: GS23-06:16.76-44.2
- Mining Method: unknown

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2023-07-27T00:00:00.000Z

Reasoning: Higher grade sub-interval within the main intercept.

Evidence · text

> including: 1.73 g/t Au over 10.67 metres

### GS23-07

[Link to this fact](https://atlas-staging.minestarters.com/news/contact-gold-hits-5-06-g-t-oxide-gold-over-10-7-metres-within-1-97-g-t-au-over-3--ec1cc04c-e2d5-455e-828e-b40366de232e#fact-drill-facts-2)

Green Springs · gold

#### Identity

- Hole ID: GS23-07
- Project: Green Springs
- Commodity: gold
- Region: usa\_nv
- Reported Region: Nevada
- Ticker: C

#### Geometry

- Grade: 1.97
- Grade Unit: g/t
- Intercept: 35.05 m
- From: 16.76 m
- To: 51.82 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: GS23-07:16.76-51.82
- Mining Method: unknown

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2023-07-27T00:00:00.000Z

Reasoning: Strong intercept extending mineralization.

- Positive factor: Step-Out Extension

Evidence · text

> 1.97 g/t Au over 35.05 metres, from a depth of 16.76 metres, in drill hole GS23-07

### GS23-07

[Link to this fact](https://atlas-staging.minestarters.com/news/contact-gold-hits-5-06-g-t-oxide-gold-over-10-7-metres-within-1-97-g-t-au-over-3--ec1cc04c-e2d5-455e-828e-b40366de232e#fact-drill-facts-3)

Green Springs · gold

#### Identity

- Hole ID: GS23-07
- Project: Green Springs
- Commodity: gold
- Region: usa\_nv
- Reported Region: Nevada
- Ticker: C

#### Geometry

- Grade: 5.06
- Grade Unit: g/t
- Intercept: 10.67 m
- From: 39.62 m
- To: 50.29 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: GS23-07:16.76-51.82
- Mining Method: unknown

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2023-07-27T00:00:00.000Z

Reasoning: High grade intercept exceeding 5 g/t threshold.

- Positive factor: Bonanza Intercept

Evidence · text

> Including: 5.06 g/t Au over 10.67 metres

### GS23-07

[Link to this fact](https://atlas-staging.minestarters.com/news/contact-gold-hits-5-06-g-t-oxide-gold-over-10-7-metres-within-1-97-g-t-au-over-3--ec1cc04c-e2d5-455e-828e-b40366de232e#fact-drill-facts-4)

Green Springs · gold

#### Identity

- Hole ID: GS23-07
- Project: Green Springs
- Commodity: gold
- Region: usa\_nv
- Reported Region: Nevada
- Ticker: C

#### Geometry

- Grade: 6.96
- Grade Unit: g/t
- Intercept: 4.57 m
- From: 44.2 m
- To: 48.77 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: GS23-07:16.76-51.82
- Mining Method: unknown

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2023-07-27T00:00:00.000Z

Reasoning: Very high grade intercept.

- Positive factor: Bonanza Intercept

Evidence · text

> Including: 6.96 g/t Au over 4.57 metres

### GS23-03

[Link to this fact](https://atlas-staging.minestarters.com/news/contact-gold-hits-5-06-g-t-oxide-gold-over-10-7-metres-within-1-97-g-t-au-over-3--ec1cc04c-e2d5-455e-828e-b40366de232e#fact-drill-facts-5)

Green Springs · gold

#### Identity

- Hole ID: GS23-03
- Project: Green Springs
- Commodity: gold
- Region: usa\_nv
- Reported Region: Nevada
- Ticker: C

#### Geometry

- Grade: 0.77
- Grade Unit: g/t
- Intercept: 19.81 m
- From: 94.49 m
- To: 114.3 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: GS23-03:94.49-114.3
- Mining Method: unknown

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2023-07-27T00:00:00.000Z

Reasoning: Moderate grade intercept in Echo zone.

Evidence · text

> 0.77 g/t Au over 19.81 metres, from a depth of 94.49 metres, in drill hole GS23-03

### GS23-04

[Link to this fact](https://atlas-staging.minestarters.com/news/contact-gold-hits-5-06-g-t-oxide-gold-over-10-7-metres-within-1-97-g-t-au-over-3--ec1cc04c-e2d5-455e-828e-b40366de232e#fact-drill-facts-6)

Green Springs · gold

#### Identity

- Hole ID: GS23-04
- Project: Green Springs
- Commodity: gold
- Region: usa\_nv
- Reported Region: Nevada
- Ticker: C

#### Geometry

- Grade: 0.38
- Grade Unit: g/t
- Intercept: 39.62 m
- From: 83.82 m
- To: 123.44 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: GS23-04:83.82-123.44
- Mining Method: unknown

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2023-07-27T00:00:00.000Z

Reasoning: Low grade intercept.

Evidence · text

> 0.38 g/t Au over 39.62 metres, from a depth of 83.82 metres, in drill hole GS23-04

## 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.
