Contact Gold Begins 2023 Drill Program at Green Springs Gold 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 15:47:51 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Contact Gold Corp. has commenced its 2023 drill program at the Green Springs gold project in Nevada, supported by a US$10 million earn-in agreement with Centerra Gold. The program involves 4,500 metres of RC drilling targeting high-grade oxidized gold mineralization in the X-Ray, Echo, Alpha, and Tango zones.
Reasoning: The announcement focuses on the commencement of a new exploration program and highlights historical high-grade intercepts to support the project's potential, though it lacks new assay results.
Positive factors
- Commencement of 2023 drill program
- Strategic earn-in agreement with Centerra Gold
- History of high-grade oxidized gold intercepts
Negative factors
- No mineral resource currently defined
Facts used in scoring: 9
Classification and evidence
Step-Out Extensionpositive
Mineralization extended beyond the previously known limit.
Why it applies: Drilling will focus on stepping out from existing zones of high-grade oxidized gold mineralization.
Evidence · text
“Drilling will focus on stepping out from existing zones of high-grade oxidized gold mineralization”
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 the Pan Mine.
Evidence · text
“Green Springs is strategically located 7 km immediately east of the Gold Rock project”
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: Technical disclosure reviewed and approved by a Qualified Person (Vance Spalding, CPG).
Evidence · text
“reviewed and approved by Vance Spalding, CPG, VP Exploration, Contact Gold, who is a “qualified person””
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 mHistorical resultNeeds review: historical_restatementView 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
- QP Signed
- Yes
- QA/QC Methods
- standards
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
Dates
- Event date
- 2023-05-31T00:00:00.000Z
Reasoning: Historical intercept reported as part of the project context.
Positive factors
- Significant width
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
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not 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
Stale Data Re-releasenegative
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Why it applies: the fact restates a prior release
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 mHistorical resultNeeds review: historical_restatementView 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
- GS22-01:0-15.24
QA/QC
- QP Signed
- Yes
- QA/QC Methods
- standards
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
Dates
- Event date
- 2023-05-31T00:00:00.000Z
Reasoning: Sub-interval of historical hole GS22-01.
Evidence · text
“Including: 2.66 g/t Au over 15.24 metres”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not 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
Stale Data Re-releasenegative
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Why it applies: the fact restates a prior release
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 mHistorical resultNeeds review: historical_restatementView 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
- QP Signed
- Yes
- QA/QC Methods
- standards
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
Dates
- Event date
- 2023-05-31T00:00:00.000Z
Reasoning: Historical intercept reported as part of the project context.
Positive factors
- Wide 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
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not 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
Stale Data Re-releasenegative
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Why it applies: the fact restates a prior release
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 mHistorical resultNeeds review: historical_restatementView 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
- GS22-04:0-15.24
QA/QC
- QP Signed
- Yes
- QA/QC Methods
- standards
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
Dates
- Event date
- 2023-05-31T00:00:00.000Z
Reasoning: Sub-interval of historical hole GS22-04.
Evidence · text
“Including: 3.71 g/t Au over 15.24 metres”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not 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
Stale Data Re-releasenegative
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Why it applies: the fact restates a prior release
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."
GS20-14Green Springs · goldGrade: 2.24Grade Unit: g/tIntercept: 35.05 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- GS20-14
- Project
- Green Springs
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- usa_nv
- Ticker
- C
Geometry
- Grade
- 2.24
- Grade Unit
- g/t
- Intercept
- 35.05 m
- From
- 35 m
- To
- 70.05 m
- Intercept Depth
- 35 m
Classification
- Sample Type
- drill
- Group ID
- GS20-14:35-70.05
QA/QC
- QP Signed
- Yes
- QA/QC Methods
- standards
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
Dates
- Event date
- 2023-05-31T00:00:00.000Z
Reasoning: Historical intercept reported as part of the project context.
Evidence · text
“2.24 g/t oxide Au over 35.05 m from a depth of 35 metres in hole GS20-14”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not 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
Stale Data Re-releasenegative
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Why it applies: the fact restates a prior release
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."
GS19-07Green Springs · goldGrade: 3.14Grade Unit: g/tIntercept: 22.86 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- GS19-07
- Project
- Green Springs
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- usa_nv
- Ticker
- C
Geometry
- Grade
- 3.14
- Grade Unit
- g/t
- Intercept
- 22.86 m
- From
- 80.77 m
- To
- 103.63 m
- Intercept Depth
- 80.77 m
Classification
- Sample Type
- drill
- Group ID
- GS19-07:80.77-103.63
QA/QC
- QP Signed
- Yes
- QA/QC Methods
- standards
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
Dates
- Event date
- 2023-05-31T00:00:00.000Z
Reasoning: Sub-interval of historical hole GS19-07.
Evidence · text
“Including: 3.14 g/t Au over 22.86 m”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not 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
Stale Data Re-releasenegative
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Why it applies: the fact restates a prior release
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."
GS19-07Green Springs · goldGrade: 2.36Grade Unit: g/tIntercept: 70.1 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- GS19-07
- Project
- Green Springs
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- usa_nv
- Ticker
- C
Geometry
- Grade
- 2.36
- Grade Unit
- g/t
- Intercept
- 70.1 m
- From
- 80.77 m
- To
- 150.87 m
- Intercept Depth
- 80.77 m
Classification
- Sample Type
- drill
- Group ID
- GS19-07:80.77-150.87
QA/QC
- QP Signed
- Yes
- QA/QC Methods
- standards
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
Dates
- Event date
- 2023-05-31T00:00:00.000Z
Reasoning: Sub-interval of historical hole GS19-07.
Positive factors
- Very wide intercept
Evidence · text
“2.36 g/t oxide Au over 70.10 m from a depth of 80.77 metres in hole GS19-07”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not 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
Stale Data Re-releasenegative
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Why it applies: the fact restates a prior release
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."
GS19-07Green Springs · goldGrade: 4.09Grade Unit: g/tIntercept: 38.1 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- GS19-07
- Project
- Green Springs
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- usa_nv
- Ticker
- C
Geometry
- Grade
- 4.09
- Grade Unit
- g/t
- Intercept
- 38.1 m
Classification
- Sample Type
- drill
- Group ID
- GS19-07:0-38.10
QA/QC
- QP Signed
- Yes
- QA/QC Methods
- standards
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
Dates
- Event date
- 2023-05-31T00:00:00.000Z
Reasoning: Sub-interval of historical hole GS19-07.
Evidence · text
“Including: 4.09 g/t Au over 38.10 metres”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not 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
Stale Data Re-releasenegative
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Why it applies: the fact restates a prior release
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."
GS19-07Green Springs · goldGrade: 8.05Grade Unit: g/tIntercept: 12.19 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- GS19-07
- Project
- Green Springs
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- usa_nv
- Ticker
- C
Geometry
- Grade
- 8.05
- Grade Unit
- g/t
- Intercept
- 12.19 m
Classification
- Sample Type
- drill
- Group ID
- GS19-07:0-12.19
QA/QC
- QP Signed
- Yes
- QA/QC Methods
- standards
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
Dates
- Event date
- 2023-05-31T00:00:00.000Z
Reasoning: Sub-interval of historical hole GS19-07.
Positive factors
- High grade
Evidence · text
“and including: 8.05 g/t Au over 12.19 metres”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not 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
Stale Data Re-releasenegative
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Why it applies: the fact restates a prior release
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.