# Contact Gold Reports Q3 2023 Financial and Operating Results

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/contact-gold-reports-q3-2023-financial-and-operating-results--f249dbfa-dd8a-440b-aae1-c122d1be39c8

Original source: https://money.tmx.com/en/quote/C/news/8869615097810499/contact-gold-reports-q3-2023-financial-and-operating-results

Publisher: tmx

Original announcement: 2023-11-29T12:00:00.000Z

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, Production

- Extracted: 2026-08-25 03:08:58 UTC

Narrative sentiment: 0.40 · Bullish

## Minestarters Atlas summary

Contact Gold reported its Q3 2023 financial and operating results, highlighting new oxide gold drill results from the Green Springs project in Nevada. The company also received an approved Record of Decision for an expanded Plan of Operations at Green Springs and noted progress in its earn-in agreement with Centerra Gold.

Reasoning: The company reported new drill results from the Green Springs project and received a permit expansion, though it continues to report quarterly net losses.

- Positive factor: new drill intercepts reported

- Positive factor: permit expansion approved

- Positive factor: earning-in progress with Centerra

- Negative factor: net losses reported

Facts used in scoring: 15

## Classification and evidence

**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: The document mentions drill results from a 2023 exploration program, though specific lab names are not in the snippet, the context of formal reporting implies standard protocols.

Evidence · text

> Reported final drill results from the 2023 exploration program at Green Springs.

## Extracted facts

Stored fact records: 15. Some facts used in scoring do not have a stored record.

## Drill Results (15)

### GS23-06

[Link to this fact](https://atlas-staging.minestarters.com/news/contact-gold-reports-q3-2023-financial-and-operating-results--f249dbfa-dd8a-440b-aae1-c122d1be39c8#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

#### Classification

- Sample Type: drill
- Group ID: GS23-06:16.76-44.19

#### Review

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

#### Dates

- Event date: 2023-11-29T00:00:00.000Z

Reasoning: Standard oxide intercept.

- Positive factor: solid width

Evidence · text

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

### GS23-06

[Link to this fact](https://atlas-staging.minestarters.com/news/contact-gold-reports-q3-2023-financial-and-operating-results--f249dbfa-dd8a-440b-aae1-c122d1be39c8#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

#### Classification

- Sample Type: drill
- Group ID: GS23-06:16.76-27.43

#### Review

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

#### Dates

- Event date: 2023-11-29T00:00:00.000Z

Reasoning: Higher grade within the main intercept.

- Positive factor: higher grade sub-interval

Evidence · text

> Including: 1.73 g/t Au over 10.67 metres – oxide

### GS23-07

[Link to this fact](https://atlas-staging.minestarters.com/news/contact-gold-reports-q3-2023-financial-and-operating-results--f249dbfa-dd8a-440b-aae1-c122d1be39c8#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

#### Classification

- Sample Type: drill
- Group ID: GS23-07:16.76-51.81

#### Review

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

#### Dates

- Event date: 2023-11-29T00:00:00.000Z

Reasoning: Solid oxide intercept.

- Positive factor: good width

Evidence · text

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

### GS23-07

[Link to this fact](https://atlas-staging.minestarters.com/news/contact-gold-reports-q3-2023-financial-and-operating-results--f249dbfa-dd8a-440b-aae1-c122d1be39c8#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

#### Classification

- Sample Type: drill
- Group ID: GS23-07:16.76-27.43

#### Review

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

#### Dates

- Event date: 2023-11-29T00:00:00.000Z

Reasoning: High grade sub-interval.

- Positive factor: strong grade

Evidence · text

> Including: 5.06 g/t Au over 10.67 metres – oxide

### GS23-07

[Link to this fact](https://atlas-staging.minestarters.com/news/contact-gold-reports-q3-2023-financial-and-operating-results--f249dbfa-dd8a-440b-aae1-c122d1be39c8#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

#### Classification

- Sample Type: drill
- Group ID: GS23-07:16.76-21.33

#### Review

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

#### Dates

- Event date: 2023-11-29T00:00:00.000Z

Reasoning: Very high grade intercept.

- Positive factor: bonanza grade

Evidence · text

> Including: 6.96 g/t Au over 4.57 metres – oxide

### GS23-10

[Link to this fact](https://atlas-staging.minestarters.com/news/contact-gold-reports-q3-2023-financial-and-operating-results--f249dbfa-dd8a-440b-aae1-c122d1be39c8#fact-drill-facts-5)

Green Springs · gold

#### 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

- Sample Type: drill
- Group ID: GS23-10:89.92-115.83

#### Review

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

#### Dates

- Event date: 2023-11-29T00:00:00.000Z

Reasoning: Solid oxide intercept.

- Positive factor: good width

Evidence · text

> 1.90 g/t Au over 25.91 metres, from a depth of 89.92 metres, in drill hole X-Ray GS23-10 – oxide

### GS23-10

[Link to this fact](https://atlas-staging.minestarters.com/news/contact-gold-reports-q3-2023-financial-and-operating-results--f249dbfa-dd8a-440b-aae1-c122d1be39c8#fact-drill-facts-6)

Green Springs · gold

#### 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

- Sample Type: drill
- Group ID: GS23-10:89.92-108.21

#### Review

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

#### Dates

- Event date: 2023-11-29T00:00:00.000Z

Reasoning: Higher grade sub-interval.

- Positive factor: higher grade sub-interval

Evidence · text

> Including: 2.50 g/t Au over 18.29 metres – oxide

### GS23-11

[Link to this fact](https://atlas-staging.minestarters.com/news/contact-gold-reports-q3-2023-financial-and-operating-results--f249dbfa-dd8a-440b-aae1-c122d1be39c8#fact-drill-facts-7)

Green Springs · gold

#### 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

- Sample Type: drill
- Group ID: GS23-11:85.34-97.53

#### Review

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

#### Dates

- Event date: 2023-11-29T00:00:00.000Z

Reasoning: Lower grade intercept.

Evidence · text

> 1.41 g/t Au over 12.19 metres, from a depth of 85.34 metres, in drill hole X-Ray GS23-11 – oxide

### GS23-11

[Link to this fact](https://atlas-staging.minestarters.com/news/contact-gold-reports-q3-2023-financial-and-operating-results--f249dbfa-dd8a-440b-aae1-c122d1be39c8#fact-drill-facts-8)

Green Springs · gold

#### 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

- Sample Type: drill
- Group ID: GS23-11:85.34-89.91

#### Review

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

#### Dates

- Event date: 2023-11-29T00:00:00.000Z

Reasoning: Higher grade sub-interval.

- Positive factor: higher grade sub-interval

Evidence · text

> Including: 2.45 g/t Au over 4.57 metres – oxide

### GS23-12

[Link to this fact](https://atlas-staging.minestarters.com/news/contact-gold-reports-q3-2023-financial-and-operating-results--f249dbfa-dd8a-440b-aae1-c122d1be39c8#fact-drill-facts-9)

Green Springs · gold

#### 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

- Sample Type: drill
- Group ID: GS23-12:85.34-96.01

#### Review

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

#### Dates

- Event date: 2023-11-29T00:00:00.000Z

Reasoning: Standard oxide intercept.

Evidence · text

> 1.67 g/t Au over 10.67 metres, from a depth of 85.34 metres, in drill hole X-Ray GS23-12 – oxide

### GS23-12

[Link to this fact](https://atlas-staging.minestarters.com/news/contact-gold-reports-q3-2023-financial-and-operating-results--f249dbfa-dd8a-440b-aae1-c122d1be39c8#fact-drill-facts-10)

Green Springs · gold

#### 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

- Sample Type: drill
- Group ID: GS23-12:85.34-92.96

#### Review

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

#### Dates

- Event date: 2023-11-29T00:00:00.000Z

Reasoning: Higher grade sub-interval.

- Positive factor: higher grade sub-interval

Evidence · text

> Including: 2.03 g/t Au over 7.62 metres – oxide

### GS23-13

[Link to this fact](https://atlas-staging.minestarters.com/news/contact-gold-reports-q3-2023-financial-and-operating-results--f249dbfa-dd8a-440b-aae1-c122d1be39c8#fact-drill-facts-11)

Green Springs · gold

#### 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

- Sample Type: drill
- Group ID: GS23-13:77.72-112.77

#### Review

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

#### Dates

- Event date: 2023-11-29T00:00:00.000Z

Reasoning: Low grade intercept.

- Negative factor: low grade

Evidence · text

> 0.86 g/t Au over 35.05 metres, from a depth of 77.72 metres, in drill hole X-Ray GS23-13

### GS23-13

[Link to this fact](https://atlas-staging.minestarters.com/news/contact-gold-reports-q3-2023-financial-and-operating-results--f249dbfa-dd8a-440b-aae1-c122d1be39c8#fact-drill-facts-12)

Green Springs · gold

#### 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

- Sample Type: drill
- Group ID: GS23-13:77.72-95.91

#### Review

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

#### Dates

- Event date: 2023-11-29T00:00:00.000Z

Reasoning: Higher grade sub-interval.

- Positive factor: higher grade sub-interval

Evidence · text

> Including:1.22 g/t Au over 18.29 metres

### GS23-03

[Link to this fact](https://atlas-staging.minestarters.com/news/contact-gold-reports-q3-2023-financial-and-operating-results--f249dbfa-dd8a-440b-aae1-c122d1be39c8#fact-drill-facts-13)

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

#### Classification

- Sample Type: drill
- Group ID: GS23-03:94.49-114.3

#### Review

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

#### Dates

- Event date: 2023-11-29T00:00:00.000Z

Reasoning: Low grade intercept.

- Negative factor: low grade

Evidence · text

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

### GS23-04

[Link to this fact](https://atlas-staging.minestarters.com/news/contact-gold-reports-q3-2023-financial-and-operating-results--f249dbfa-dd8a-440b-aae1-c122d1be39c8#fact-drill-facts-14)

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

#### Classification

- Sample Type: drill
- Group ID: GS23-04:83.82-123.44

#### Review

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

#### Dates

- Event date: 2023-11-29T00:00:00.000Z

Reasoning: Low grade intercept.

- Negative factor: low grade

Evidence · text

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