Contact Gold Wraps up Impactful 2023 Program 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, Permitting
Extracted
2026-08-25 03:08:54 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Contact Gold completed its 2023 exploration program at the Green Springs project in Nevada, reporting high-grade gold intercepts at the X-Ray and Echo zones. The program also successfully expanded the property size and secured a permit expansion from the US Forest Service.

Reasoning: Strong drill results showing high-grade gold and significant footprint expansion, coupled with successful permit expansion and QA/QC disclosure.

Positive factors

  • high-grade gold intercepts
  • expanded footprint
  • permit expansion
  • QA/QC disclosed

Facts used in scoring: 13

Classification and evidence

QA/QC Disclosedpositive

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

“The scientific and technical information contained in this news release has been reviewed and approved by Vance Spalding, CPG, VP Exploration, Contact Gold, who is a “qualified person” within the meaning of National Instrument 43-101”

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: Drilling at the X-Ray Zone significantly expanded the footprint of the zone.

Evidence · text

“Drilling at the X-Ray Zone significantly expanded the footprint of the zone”

Extracted facts

Stored fact records: 13. Some facts used in scoring do not have a stored record.

Drill Results (13)

GS23-06Green Springs · goldGrade: 1.14Grade Unit: g/tIntercept: 27.43 mView all details
Link to this fact

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
44.19 m

Classification

Program
exploration
Sample Type
drill
Group ID
GS23-06:16.76-44.19
Mining Method
unknown

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2023-10-24T00:00:00.000Z

Reasoning: Solid gold intercept at shallow depth.

Positive factors

  • continuous mineralization

Evidence · text

“1.14 g/t Au over 27.43 metres , from a depth of 16.76 metres, in drill hole GS23-06 - oxide”
GS23-06Green Springs · goldGrade: 1.73Grade Unit: g/tIntercept: 10.67 mView all details
Link to this fact

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

Program
exploration
Sample Type
drill
Group ID
GS23-06:16.76-44.19
Mining Method
unknown

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2023-10-24T00:00:00.000Z

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

Positive factors

  • higher grade sub-interval

Evidence · text

“Including 1.73 g/t Au over 10.67 metres – oxide”
GS23-07Green Springs · goldGrade: 1.97Grade Unit: g/tIntercept: 35.05 mView all details
Link to this fact

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
51.81 m

Classification

Program
exploration
Sample Type
drill
Group ID
GS23-07:16.76-51.81
Mining Method
unknown

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2023-10-24T00:00:00.000Z

Reasoning: Significant gold intercept with good width.

Positive factors

  • strong grade-width product

Evidence · text

“1.97 g/t Au over 35.05 metres , from a depth of 16.76 metres, in drill hole GS23-07 – oxide”
GS23-07Green Springs · goldGrade: 5.06Grade Unit: g/tIntercept: 10.67 mView all details
Link to this fact

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

Program
exploration
Sample Type
drill
Group ID
GS23-07:16.76-51.81
Mining Method
unknown

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2023-10-24T00:00:00.000Z

Reasoning: High grade sub-interval.

Positive factors

  • bonanza grade

Evidence · text

“Including 5.06 g/t Au over 10.67 metres – oxide”
GS23-07Green Springs · goldGrade: 6.96Grade Unit: g/tIntercept: 4.57 mView all details
Link to this fact

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

Program
exploration
Sample Type
drill
Group ID
GS23-07:16.76-51.81
Mining Method
unknown

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2023-10-24T00:00:00.000Z

Reasoning: Very high grade sub-interval.

Positive factors

  • bonanza grade

Evidence · text

“Including : 6.96 g/t Au over 4.57 metres – oxide”
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
To
115.83 m

Classification

Program
exploration
Sample Type
drill
Group ID
GS23-10:89.92-115.83
Mining Method
unknown

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2023-10-24T00:00:00.000Z

Reasoning: Solid gold intercept.

Positive factors

  • good width

Evidence · text

“1.90 g/t Au over 25.91 metres, from a depth of 89.92 metres, in drill hole GS23-10 - oxide”
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
unknown

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2023-10-24T00:00:00.000Z

Reasoning: Stronger grade sub-interval.

Positive factors

  • higher grade sub-interval

Evidence · text

“Including: 2.50 g/t Au over 18.29 metres – oxide”
GS23-13Green Springs · goldGrade: 0.86Grade Unit: g/tIntercept: 35.05 mView all details
Link to this fact

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
To
112.77 m

Classification

Program
exploration
Sample Type
drill
Group ID
GS23-13:77.72-112.77
Mining Method
unknown

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2023-10-24T00:00:00.000Z

Reasoning: Low grade intercept.

Negative factors

  • low grade

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 details
Link to this fact

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
unknown

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2023-10-24T00:00:00.000Z

Reasoning: Slightly higher grade sub-interval.

Positive factors

  • higher grade sub-interval

Evidence · text

“Including : 1.22 g/t Au over 18.29 metres – oxide”
GS23-14Green Springs · goldGrade: 0.8Grade Unit: g/tIntercept: 48.77 mView all details
Link to this fact

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
To
112.78 m

Classification

Program
exploration
Sample Type
drill
Group ID
GS23-14:64.01-112.78
Mining Method
unknown

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2023-10-24T00:00:00.000Z

Reasoning: Wide but low grade intercept.

Positive factors

  • large width

Negative factors

  • low grade

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 details
Link to this fact

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
unknown

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2023-10-24T00:00:00.000Z

Reasoning: Higher grade sub-interval.

Positive factors

  • higher grade sub-interval

Evidence · text

“Including : 1.91 g/t Au over 15.24 metres – oxide”
GS23-03Green Springs · goldGrade: 0.77Grade Unit: g/tIntercept: 19.81 mView all details
Link to this fact

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
2023-10-24T00:00:00.000Z

Reasoning: Low grade intercept in Echo Zone.

Negative factors

  • low grade

Evidence · text

“0.77 g/t Au over 19.81 metres, from a depth of 94.49 metres, in drill hole GS23-03 – oxide”
GS23-04Green Springs · goldGrade: 0.38Grade Unit: g/tIntercept: 39.62 mView all details
Link to this fact

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
2023-10-24T00:00:00.000Z

Reasoning: Low grade intercept in Echo Zone.

Negative factors

  • low grade

Evidence · text

“0.38 g/t Au over 39.62 metres , from a depth of 83.82 metres, in drill hole 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.