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Contact Gold Corp.

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Summary

Project:

Green Springs

Deposit:Green Springs
Location:United States
Commodities:Gold
Date:10/2/2019
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:2-10-2019: Contact Gold Corp. announces an Exploration/Drilling Update report for its Green Springs deposit at the Green Springs project. Re-assay results from 2015 holes incl. 39.6m @ 5.05g/t Au from 65.5m. Vancouver, British Columbia--(Newsfile Corp. -
Resources:x
CP/QP:[Overall Report]: Vance Spalding (Internal)
ABSTRACT:Vancouver, British Columbia--(Newsfile Corp. - October 2, 2019) - Contact Gold Corp. (TSXV: C) (the "Company" or "Contact Gold") is pleased to report excellent cyanide solubility recoveries in reverse circulation ("RC") sample splits from drilling completed by ElyGold in 2015. Assay results indicate that gold mineralization in the E and C Zones are entirely oxidized and averages between 96% - 100% gold recoveries in cyanide solubility tests compared to Fire Assay/Atomic Absorption gold values. Previous operators had not completed cyanide solubility work on these zones, but had kept gold intercepts from four 2015 drill holes in dry storage for eventual metallurgical testing. The Green Springs gold project is located in White Pine County, Nevada, and is surrounded by several other significant Carlin Type gold deposits, including Fiore Gold's Pan Mine and Gold Rock Project, Waterton's Mount Hamilton, and is south of Kinross' Vantage complex.

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