Contact Gold Hits 1.90 g/t Oxide Gold Over 25.91 Metres in Step Out Drilling at Green Springs
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, Agreement transaction
- Extracted
- 2026-09-17 15:42:26 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Contact Gold has reported significant step-out drill results at the Green Springs gold project in Nevada, including an intercept of 1.90 g/t Au over 25.91 metres in hole GS23-10. The results successfully extend the gold mineralization footprint to the northeast within the X-Ray zone.
Reasoning: The release reports strong step-out drill results that extend the known footprint of the X-Ray zone, demonstrating continuity and high-grade oxide mineralization in a prolific trend.
Positive factors
- Significant step-out gold intercepts
- Extension of mineralization to the northeast
- High-grade oxide zones
- Strategic earn-in agreement with Centerra Gold
Facts used in scoring: 6
Classification and evidence
Step-Out Extensionpositive
Mineralization extended beyond the previously known limit.
Why it applies: Drill holes GS23-10, GS23-11 and GS23-12 successfully extended gold mineralization to the northeast.
Evidence · text
“successfully extended gold mineralization to the northeast, increasing the drilled footprint”
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: Release includes sign-off 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””
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: Project is located 7 km from the Gold Rock project and 20 km from the Pan Mine.
Evidence · text
“strategically located 7 km immediately east of the Gold Rock project”
Extracted facts
Stored fact records: 6. Some facts used in scoring do not have a stored record.
Drill Results (6)
GS23-10Green Springs · goldGrade: 1.9Grade Unit: g/tIntercept: 25.91 mView all detailsHide details
Identity
- Hole ID
- GS23-10
- Project
- Green Springs
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- usa_nv
- Ticker
- C
Geometry
- Grade
- 1.9
- Grade Unit
- g/t
- Intercept
- 25.91 m
- From
- 89.92 m
- To
- 115.83 m
- Intercept Depth
- 89.92 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- GS23-10:89.92-115.83
- Mining Method
- open_pit
Location
- Location
- X-Ray Zone
- Loc. Source
- document
QA/QC
- QP Signed
- Yes
- QA/QC Methods
- standards
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2023-08-17T00:00:00.000Z
Reasoning: High-grade intercept extending the known footprint.
Positive factors
- Strong grade and width for step-out
Evidence · text
“1.90 g/t Au over 25.91 metres, from a depth of 89.92 metres, in drill hole GS23-10 - oxide”
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
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."
GS23-10Green Springs · goldGrade: 2.5Grade Unit: g/tIntercept: 18.29 mView all detailsHide details
Identity
- Hole ID
- GS23-10
- Project
- Green Springs
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- usa_nv
- Ticker
- C
Geometry
- Grade
- 2.5
- Grade Unit
- g/t
- Intercept
- 18.29 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- GS23-10:0-0
- Mining Method
- open_pit
Location
- Location
- X-Ray Zone
- Loc. Source
- document
QA/QC
- QP Signed
- Yes
- QA/QC Methods
- standards
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2023-08-17T00:00:00.000Z
Reasoning: Strong internal grade within the main intercept.
Positive factors
- High grade internal intercept
Evidence · text
“Including: 2.50 g/t Au over 18.29 metres – oxide”
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
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."
GS23-11Green Springs · goldGrade: 1.41Grade Unit: g/tIntercept: 12.19 mView all detailsHide details
Identity
- Hole ID
- GS23-11
- Project
- Green Springs
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- usa_nv
- Ticker
- C
Geometry
- Grade
- 1.41
- Grade Unit
- g/t
- Intercept
- 12.19 m
- From
- 85.34 m
- To
- 97.53 m
- Intercept Depth
- 85.34 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- GS23-11:85.34-97.53
- Mining Method
- open_pit
Location
- Location
- X-Ray Zone
- Loc. Source
- document
QA/QC
- QP Signed
- Yes
- QA/QC Methods
- standards
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2023-08-17T00:00:00.000Z
Reasoning: Moderate grade intercept confirming continuity.
Positive factors
- Consistent mineralization
Evidence · text
“1.41 g/t Au over 12.19 metres , from a depth of 85.34 metres, in drill hole GS23-11 – oxide”
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
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."
GS23-11Green Springs · goldGrade: 2.45Grade Unit: g/tIntercept: 4.57 mView all detailsHide details
Identity
- Hole ID
- GS23-11
- Project
- Green Springs
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- usa_nv
- Ticker
- C
Geometry
- Grade
- 2.45
- Grade Unit
- g/t
- Intercept
- 4.57 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- GS23-11:0-0
- Mining Method
- open_pit
Location
- Location
- X-Ray Zone
- Loc. Source
- document
QA/QC
- QP Signed
- Yes
- QA/QC Methods
- standards
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2023-08-17T00:00:00.000Z
Reasoning: High grade narrow intercept.
Positive factors
- High grade internal intercept
Evidence · text
“Including: 2.45 g/t Au over 4.57 metres – oxide”
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
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."
GS23-12Green Springs · goldGrade: 1.67Grade Unit: g/tIntercept: 10.67 mView all detailsHide details
Identity
- Hole ID
- GS23-12
- Project
- Green Springs
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- usa_nv
- Ticker
- C
Geometry
- Grade
- 1.67
- Grade Unit
- g/t
- Intercept
- 10.67 m
- From
- 85.34 m
- To
- 96.01 m
- Intercept Depth
- 85.34 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- GS23-12:85.34-96.01
- Mining Method
- open_pit
Location
- Location
- X-Ray Zone
- Loc. Source
- document
QA/QC
- QP Signed
- Yes
- QA/QC Methods
- standards
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2023-08-17T00:00:00.000Z
Reasoning: Moderate grade intercept confirming continuity.
Positive factors
- Consistent mineralization
Evidence · text
“1.67 g/t Au over 10.67 metres , from a depth of 85.34 metres, in drill hole GS23-12 - oxide”
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
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."
GS23-12Green Springs · goldGrade: 2.03Grade Unit: g/tIntercept: 7.62 mView all detailsHide details
Identity
- Hole ID
- GS23-12
- Project
- Green Springs
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- usa_nv
- Ticker
- C
Geometry
- Grade
- 2.03
- Grade Unit
- g/t
- Intercept
- 7.62 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- GS23-12:0-0
- Mining Method
- open_pit
Location
- Location
- X-Ray Zone
- Loc. Source
- document
QA/QC
- QP Signed
- Yes
- QA/QC Methods
- standards
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2023-08-17T00:00:00.000Z
Reasoning: High grade narrow intercept.
Positive factors
- High grade internal intercept
Evidence · text
“Including: 2.03 g/t Au over 7.62 metres – oxide”
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
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.