Contact Gold Announces 2023 Exploration Program for the Green Springs Project
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, Other
- Extracted
- 2026-09-17 15:46:56 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Contact Gold has approved a US$ 1.85 million exploration and drilling program for 2023 at its Green Springs oxide gold project in Nevada, funded by partner Centerra Gold. The program targets 4,500 metres of RC drilling to expand known high-grade oxide zones and test new greenfield targets.
Reasoning: The announcement outlines a significant funded exploration program for 2023, leveraging high-grade historical intercepts to drive step-out and greenfield drilling.
Positive factors
- Approval of US$ 1.85M exploration budget
- Strategic location near Gold Rock and Pan mines
- Centerra Gold earn-in agreement provides significant funding
- High-grade oxide zones (X-Ray and Tango) confirmed by 2022 drilling
Negative factors
- Project is early-stage with no mineral resource estimate currently defined
Facts used in scoring: 9
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 includes details on certified reference standards, blanks, duplicates, and use of an ISO 17025 accredited lab (Paragon).
Evidence · text
“Quality Assurance / Quality Control consists of regular insertion of certified reference standards, blanks, and duplicates. ... All assays are completed at Paragon; an ISO 17025:2005 accredited lab.”
Apparent Width Onlynegative
Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.
Why it applies: The document explicitly states that true width of drilled mineralization is unknown.
Evidence · text
“True width of drilled mineralization is unknown but owing to the apparent flat lying nature of mineralization, is estimated to generally be at least 70% of drilled thickness in most cases.”
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: Project is located 7 km from Calibre Mining's Gold Rock project and 20 km from Pan Mine.
Evidence · text
“Green Springs is strategically located 7 km immediately east of the Gold Rock project operated by Calibre Mining Corp. (TSX: CXB; OTCQX: CXBMF) and 20 km southeast of their Pan Mine.”
Extracted facts
Stored fact records: 9. Some facts used in scoring do not have a stored record.
Drill Results (9)
GS22-01Green Springs · goldGrade: 1.66Grade Unit: g/tIntercept: 28.96 mView all detailsHide details
Identity
- Hole ID
- GS22-01
- Project
- Green Springs
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- usa_nv
- Ticker
- C
Geometry
- Grade
- 1.66
- Grade Unit
- g/t
- Intercept
- 28.96 m
- From
- 9.14 m
- To
- 38.1 m
- Intercept Depth
- 9.14 m
Classification
- Sample Type
- drill
- Group ID
- GS22-01:9.14-38.1
QA/QC
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates, check_assays
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2023-04-05T00:00:00.000Z
Reasoning: Historical 2022 intercept reported as part of program context.
Evidence · text
“1.66 g/t Au over 28.96 metres , from a depth of 9.14 metres, in drill hole GS22-01”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "Green Springs is strategically located 7 km immediately east of the Gold Rock project operated by Calibre Mining Corp."
GS22-01Green Springs · goldGrade: 2.66Grade Unit: g/tIntercept: 15.24 mView all detailsHide details
Identity
- Hole ID
- GS22-01
- Project
- Green Springs
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- usa_nv
- Ticker
- C
Geometry
- Grade
- 2.66
- Grade Unit
- g/t
- Intercept
- 15.24 m
Classification
- Sample Type
- drill
- Group ID
- GS22-01:9.14-38.1
QA/QC
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates, check_assays
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2023-04-05T00:00:00.000Z
Reasoning: High-grade inclusion within GS22-01.
Evidence · text
“Including: 2.66 g/t Au over 15.24 metres”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "Green Springs is strategically located 7 km immediately east of the Gold Rock project operated by Calibre Mining Corp."
GS22-02Green Springs · goldGrade: 0.82Grade Unit: g/tIntercept: 35.05 mView all detailsHide details
Identity
- Hole ID
- GS22-02
- Project
- Green Springs
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- usa_nv
- Ticker
- C
Geometry
- Grade
- 0.82
- Grade Unit
- g/t
- Intercept
- 35.05 m
- From
- 9.14 m
- To
- 44.19 m
- Intercept Depth
- 9.14 m
Classification
- Sample Type
- drill
- Group ID
- GS22-02:9.14-44.19
QA/QC
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates, check_assays
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2023-04-05T00:00:00.000Z
Reasoning: Historical 2022 intercept.
Evidence · text
“0.82 g/t Au over 35.05 metres , from a depth of 9.14 metres, in drill hole GS22-02”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "Green Springs is strategically located 7 km immediately east of the Gold Rock project operated by Calibre Mining Corp."
GS22-02Green Springs · goldGrade: 1.32Grade Unit: g/tIntercept: 16.76 mView all detailsHide details
Identity
- Hole ID
- GS22-02
- Project
- Green Springs
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- usa_nv
- Ticker
- C
Geometry
- Grade
- 1.32
- Grade Unit
- g/t
- Intercept
- 16.76 m
Classification
- Sample Type
- drill
- Group ID
- GS22-02:9.14-44.19
QA/QC
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates, check_assays
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2023-04-05T00:00:00.000Z
Reasoning: High-grade inclusion within GS22-02.
Evidence · text
“Including: 1.32 g/t Au over 16.76 metres”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "Green Springs is strategically located 7 km immediately east of the Gold Rock project operated by Calibre Mining Corp."
GS22-04Green Springs · goldGrade: 1.95Grade Unit: g/tIntercept: 41.15 mView all detailsHide details
Identity
- Hole ID
- GS22-04
- Project
- Green Springs
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- usa_nv
- Ticker
- C
Geometry
- Grade
- 1.95
- Grade Unit
- g/t
- Intercept
- 41.15 m
- From
- 15.24 m
- To
- 56.39 m
- Intercept Depth
- 15.24 m
Classification
- Sample Type
- drill
- Group ID
- GS22-04:15.24-56.39
QA/QC
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates, check_assays
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2023-04-05T00:00:00.000Z
Reasoning: Historical 2022 intercept.
Evidence · text
“1.95 g/t Au over 41.15 metres , from a depth of 15.24 metres, in drill hole GS22-04”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "Green Springs is strategically located 7 km immediately east of the Gold Rock project operated by Calibre Mining Corp."
GS22-04Green Springs · goldGrade: 3.71Grade Unit: g/tIntercept: 15.24 mView all detailsHide details
Identity
- Hole ID
- GS22-04
- Project
- Green Springs
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- usa_nv
- Ticker
- C
Geometry
- Grade
- 3.71
- Grade Unit
- g/t
- Intercept
- 15.24 m
Classification
- Sample Type
- drill
- Group ID
- GS22-04:15.24-56.39
QA/QC
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates, check_assays
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2023-04-05T00:00:00.000Z
Reasoning: High-grade inclusion within GS22-04.
Evidence · text
“Including: 3.71 g/t Au over 15.24 metres”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "Green Springs is strategically located 7 km immediately east of the Gold Rock project operated by Calibre Mining Corp."
GS22-09Green Springs · goldGrade: 0.51Grade Unit: g/tIntercept: 30.48 mView all detailsHide details
Identity
- Hole ID
- GS22-09
- Project
- Green Springs
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- usa_nv
- Ticker
- C
Geometry
- Grade
- 0.51
- Grade Unit
- g/t
- Intercept
- 30.48 m
- From
- 4.57 m
- To
- 35.05 m
- Intercept Depth
- 4.57 m
Classification
- Sample Type
- drill
- Group ID
- GS22-09:4.57-35.05
QA/QC
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates, check_assays
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2023-04-05T00:00:00.000Z
Reasoning: Historical 2022 intercept at Tango Zone.
Evidence · text
“0.51 g/t Au over 30.48 metres , from a depth of 4.57 metres, in drill hole GS22-09”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "Green Springs is strategically located 7 km immediately east of the Gold Rock project operated by Calibre Mining Corp."
GS22-08Green Springs · goldGrade: 0.7Grade Unit: g/tIntercept: 16.76 mView all detailsHide details
Identity
- Hole ID
- GS22-08
- Project
- Green Springs
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- usa_nv
- Ticker
- C
Geometry
- Grade
- 0.7
- Grade Unit
- g/t
- Intercept
- 16.76 m
- From
- 3.05 m
- To
- 19.81 m
- Intercept Depth
- 3.05 m
Classification
- Sample Type
- drill
- Group ID
- GS22-08:3.05-19.81
QA/QC
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates, check_assays
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2023-04-05T00:00:00.000Z
Reasoning: Historical 2022 intercept at Tango Zone.
Evidence · text
“0.70 g/t Au over 16.76 metres , from a depth of 3.05 metres, in drill hole GS22-08”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "Green Springs is strategically located 7 km immediately east of the Gold Rock project operated by Calibre Mining Corp."
GS22-11Green Springs · goldGrade: 0.45Grade Unit: g/tIntercept: 24.38 mView all detailsHide details
Identity
- Hole ID
- GS22-11
- Project
- Green Springs
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- usa_nv
- Ticker
- C
Geometry
- Grade
- 0.45
- Grade Unit
- g/t
- Intercept
- 24.38 m
- From
- 19.81 m
- To
- 44.19 m
- Intercept Depth
- 19.81 m
Classification
- Sample Type
- drill
- Group ID
- GS22-11:19.81-44.19
QA/QC
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates, check_assays
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2023-04-05T00:00:00.000Z
Reasoning: Historical 2022 intercept at Tango Zone.
Evidence · text
“0.45 g/t Au over 24.38 metres, from a depth of 19.81 metres, in drill hole GS22-11”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "Green Springs is strategically located 7 km immediately east of the Gold Rock project operated by Calibre Mining Corp."
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.