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Contact Gold Corp.
Summary
| Project: | Green Springs | |
|---|---|---|
| Deposit: | Alpha Zone | |
| Location: | United States | |
| Commodities: | Gold | |
| Date: | 1/14/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 14-1-2020: Contact Gold Corp. announces an Exploration/Drilling Update report for its Alpha Zone deposit at the Green Springs project. Drilling results incl. 35.05m @ 1.683g/t Au from 27.43m. Vancouver, British Columbia--(Newsfile Corp. - January 14, 2020 | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Vance Spalding (Internal) | |
| ABSTRACT: | Vancouver, British Columbia--(Newsfile Corp. - January 14, 2020) - Contact Gold Corp. (TSXV: C) (the "Company" or "Contact Gold") is pleased to announce results from 4 drill holes from the Alpha Zone at its Green Springs gold project located on the Cortez Trend in Nevada. Drilling results from the Echo, Charlie and Bravo Zones are pending. "The first six holes of our maiden drill program at Green Springs were very successful in identifying oxide gold where it was previously overlooked. In addition, drilling clearly demonstrated the continuity of gold mineralization along the basal Pilot Shale." said Matt Lennox-King, President & CEO of Contact Gold. "Now that proof of concept is established our team can move forward confidently with our exploration of the basal Pilot Shale below the other known gold zones hosted in higher stratigraphic units. This proof of concept also means we can step north to the undrilled Tango target, where the Pilot Shale contact with the Guilmette daylights and is associated with a 450 m x 150 m gold-in-soil anomaly. We also look forward to drill results from the next holes at Green Springs including those the Echo Zone where re-assaying historic drill splits in 2019 (see news release October 2, 2019) found high grade gold mineralization to be well oxidized." | |
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