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Summary
| Project: | Pony Creek | |
|---|---|---|
| Deposit: | Appaloosa Zone | |
| Location: | United States | |
| Commodities: | Gold | |
| Date: | 9/18/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 18-9-2019: Contact Gold Corp. announces an Exploration/Drilling Update report for its Appaloosa Zone deposit at the Pony Creek project. Drilling results incl. 28.96m @ 0.38g/t Au from 83.82m. Vancouver, British Columbia--(Newsfile Corp. - September 18, 20 | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Vance Spalding (Internal) | |
| ABSTRACT: | Vancouver, British Columbia--(Newsfile Corp. - September 18, 2019) - Contact Gold Corp. (TSXV: C) (the "Company" or "Contact Gold") is pleased to report that exploration drill results from the 2019 program have returned broad zones of gold mineralization in the first holes drilled in two years into the Pony's "Appaloosa Zone" (formerly the North Zone). The Appaloosa Zone is an oxide gold corridor located 1.2 km northeast of the property's Bowl Zone, and currently extends over a 1.6 km strike length that is 200 metres wide. The Appaloosa Zone has been sparsely drilled and is open in all directions. It represents a sizeable zone of significant oxide gold mineralization at Pony Creek. Drill holes PC19-15 through PC19-18 reported today were drilled to target the extension, in both north and south directions, of the two highest grade gold intercepts in historical drilling in the Appaloosa Zone (38.1m @ 0.91 g/t Au in PC-06-03 and 36.5m @ 0.92 g/t Au in 95-08). These historical holes were not surveyed by historical operators and thus the location and projection of the mineralized intervals were uncertain. | |
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