# Contact Gold Hits 1.90 g/t Oxide Gold Over 25.91 Metres in Step Out Drilling at Green Springs

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/contact-gold-hits-1-90-g-t-oxide-gold-over-25-91-metres-in-step-out-drilling-at--a98d46df-bac5-404d-bbdd-eec3fc69b59c

Original source: https://money.tmx.com/en/quote/C/news/8589275080304898/contact-gold-hits-1-90-g-t-oxide-gold-over-25-91-metres-in-step-out-drilling-at-

Publisher: tmx

Original announcement: 2023-08-17T10:30:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- 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

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas 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 factor: Significant step-out gold intercepts

- Positive factor: Extension of mineralization to the northeast

- Positive factor: High-grade oxide zones

- Positive factor: Strategic earn-in agreement with Centerra Gold

Facts used in scoring: 6

## Classification and evidence

**Step-Out Extension**

Polarity: positive

Definition: 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 Disclosed**

Polarity: positive

Definition: 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 Play**

Polarity: neutral

Definition: 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)

### GS23-10

[Link to this fact](https://atlas-extractions.minestarters.com/news/contact-gold-hits-1-90-g-t-oxide-gold-over-25-91-metres-in-step-out-drilling-at--a98d46df-bac5-404d-bbdd-eec3fc69b59c#fact-drill-facts-0)

Green Springs · gold

#### 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 factor: 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 Disclosure**

Polarity: negative

Definition: 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 Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: 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."

### GS23-10

[Link to this fact](https://atlas-extractions.minestarters.com/news/contact-gold-hits-1-90-g-t-oxide-gold-over-25-91-metres-in-step-out-drilling-at--a98d46df-bac5-404d-bbdd-eec3fc69b59c#fact-drill-facts-1)

Green Springs · gold

#### 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 factor: High grade internal intercept

Evidence · text

> Including: 2.50 g/t Au over 18.29 metres – oxide

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: 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 Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: 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."

### GS23-11

[Link to this fact](https://atlas-extractions.minestarters.com/news/contact-gold-hits-1-90-g-t-oxide-gold-over-25-91-metres-in-step-out-drilling-at--a98d46df-bac5-404d-bbdd-eec3fc69b59c#fact-drill-facts-2)

Green Springs · gold

#### 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 factor: 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 Disclosure**

Polarity: negative

Definition: 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 Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: 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."

### GS23-11

[Link to this fact](https://atlas-extractions.minestarters.com/news/contact-gold-hits-1-90-g-t-oxide-gold-over-25-91-metres-in-step-out-drilling-at--a98d46df-bac5-404d-bbdd-eec3fc69b59c#fact-drill-facts-3)

Green Springs · gold

#### 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 factor: High grade internal intercept

Evidence · text

> Including: 2.45 g/t Au over 4.57 metres – oxide

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: 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 Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: 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."

### GS23-12

[Link to this fact](https://atlas-extractions.minestarters.com/news/contact-gold-hits-1-90-g-t-oxide-gold-over-25-91-metres-in-step-out-drilling-at--a98d46df-bac5-404d-bbdd-eec3fc69b59c#fact-drill-facts-4)

Green Springs · gold

#### 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 factor: 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 Disclosure**

Polarity: negative

Definition: 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 Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: 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."

### GS23-12

[Link to this fact](https://atlas-extractions.minestarters.com/news/contact-gold-hits-1-90-g-t-oxide-gold-over-25-91-metres-in-step-out-drilling-at--a98d46df-bac5-404d-bbdd-eec3fc69b59c#fact-drill-facts-5)

Green Springs · gold

#### 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 factor: High grade internal intercept

Evidence · text

> Including: 2.03 g/t Au over 7.62 metres – oxide

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: 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 Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: 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.
