Contact Gold Hits 5.06 G/T Oxide Gold Over 10.7 Metres, Within 1.97 G/T AU Over 35.1 Metres 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, Other
- Extracted
- 2026-09-17 15:45:23 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Contact Gold has announced its first drill results from the 2023 exploration program at the Green Springs gold project in Nevada. The results highlight high-grade oxide gold intercepts in the X-Ray Zone, including 5.06 g/t Au over 10.67m, demonstrating step-out extension and exploration potential.
Reasoning: First drill results from the 2023 program show strong oxide gold intercepts, including a 5.06 g/t Au interval, confirming exploration potential in the X-Ray zone.
Positive factors
- High-grade oxide intercepts in X-Ray zone
- Step-out drilling extending mineralization
- Near-surface target with continuity
Facts used in scoring: 8
Classification and evidence
Step-Out Extensionpositive
Mineralization extended beyond the previously known limit.
Why it applies: Results from step-out holes extend mineralization to the east and southeast from 2021 discovery holes.
Evidence · text
“These new results further extend mineralization to the east and southeast from the 2021 discovery holes”
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: Release names a Qualified Person (Vance Spalding, CPG) who reviewed and approved the technical information.
Evidence · text
“reviewed and approved by Vance Spalding, CPG, VP Exploration, Contact Gold, who is a “qualified person””
Bonanza Interceptpositive
Exceptionally high-grade zone, well above the deposit-type norm.
Why it applies: The 5.06 g/t Au over 10.67m intercept is high grade for an oxide gold target.
Evidence · text
“5.06 g/t Au over 10.67 metres”
Extracted facts
Stored fact records: 8. Some facts used in scoring do not have a stored record.
Drill Results (8)
GS23-06Green Springs · goldGrade: 1.14Grade Unit: g/tIntercept: 27.43 mView all detailsHide details
Identity
- Hole ID
- GS23-06
- Project
- Green Springs
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- usa_nv
- Ticker
- C
Geometry
- Grade
- 1.14
- Grade Unit
- g/t
- Intercept
- 27.43 m
- From
- 16.76 m
- To
- 44.2 m
- Intercept Depth
- 16.76 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- GS23-06:16.76-44.2
QA/QC
- QP Signed
- Yes
- QA/QC Methods
- standards
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2023-07-27T00:00:00.000Z
Reasoning: Solid oxide intercept in a step-out hole.
Positive factors
- Thick intercept
Evidence · text
“1.14 g/t Au over 27.43 metres , from a depth of 16.76 metres, in drill hole GS23-06 - 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: "Contact Gold is the project operator for the planned 4,500 metres of reverse circulation (RC) drilling."
GS23-06Green Springs · goldGrade: 1.73Grade Unit: g/tIntercept: 10.67 mView all detailsHide details
Identity
- Hole ID
- GS23-06
- Project
- Green Springs
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- usa_nv
- Ticker
- C
Geometry
- Grade
- 1.73
- Grade Unit
- g/t
- Intercept
- 10.67 m
- From
- 27.43 m
- To
- 38.1 m
- Intercept Depth
- 27.43 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- GS23-06:27.43-38.1
QA/QC
- QP Signed
- Yes
- QA/QC Methods
- standards
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2023-07-27T00:00:00.000Z
Reasoning: Stronger grade within the main intercept.
Positive factors
- Higher grade sub-interval
Evidence · text
“Including: 1.73 g/t Au over 10.67 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: "Contact Gold is the project operator for the planned 4,500 metres of reverse circulation (RC) drilling."
GS23-07Green Springs · goldGrade: 1.97Grade Unit: g/tIntercept: 35.05 mView all detailsHide details
Identity
- Hole ID
- GS23-07
- Project
- Green Springs
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- usa_nv
- Ticker
- C
Geometry
- Grade
- 1.97
- Grade Unit
- g/t
- Intercept
- 35.05 m
- From
- 16.76 m
- To
- 51.82 m
- Intercept Depth
- 16.76 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- GS23-07:16.76-51.82
QA/QC
- QP Signed
- Yes
- QA/QC Methods
- standards
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2023-07-27T00:00:00.000Z
Reasoning: Strong continuous oxide mineralization.
Positive factors
- Significant width and grade
Evidence · text
“1.97 g/t Au over 35.05 metres , from a depth of 16.76 metres, in drill hole GS23-07 – 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: "Contact Gold is the project operator for the planned 4,500 metres of reverse circulation (RC) drilling."
GS23-07Green Springs · goldGrade: 5.06Grade Unit: g/tIntercept: 10.67 mView all detailsHide details
Identity
- Hole ID
- GS23-07
- Project
- Green Springs
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- usa_nv
- Ticker
- C
Geometry
- Grade
- 5.06
- Grade Unit
- g/t
- Intercept
- 10.67 m
- From
- 39.62 m
- To
- 50.29 m
- Intercept Depth
- 39.62 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- GS23-07:39.62-50.29
QA/QC
- QP Signed
- Yes
- QA/QC Methods
- standards
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2023-07-27T00:00:00.000Z
Reasoning: High grade intercept within the X-Ray zone.
Positive factors
- Bonanza grade intercept
Evidence · text
“Including: 5.06 g/t Au over 10.67 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: "Contact Gold is the project operator for the planned 4,500 metres of reverse circulation (RC) drilling."
GS23-07Green Springs · goldGrade: 6.96Grade Unit: g/tIntercept: 4.57 mView all detailsHide details
Identity
- Hole ID
- GS23-07
- Project
- Green Springs
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- usa_nv
- Ticker
- C
Geometry
- Grade
- 6.96
- Grade Unit
- g/t
- Intercept
- 4.57 m
- From
- 44.2 m
- To
- 48.77 m
- Intercept Depth
- 44.2 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- GS23-07:44.2-48.77
QA/QC
- QP Signed
- Yes
- QA/QC Methods
- standards
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2023-07-27T00:00:00.000Z
Reasoning: Exceptional grade intercept.
Positive factors
- Very high grade
Evidence · text
“Including: 6.96 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: "Contact Gold is the project operator for the planned 4,500 metres of reverse circulation (RC) drilling."
GS23-03Green Springs · goldGrade: 0.77Grade Unit: g/tIntercept: 19.81 mView all detailsHide details
Identity
- Hole ID
- GS23-03
- Project
- Green Springs
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- usa_nv
- Ticker
- C
Geometry
- Grade
- 0.77
- Grade Unit
- g/t
- Intercept
- 19.81 m
- From
- 94.49 m
- To
- 114.3 m
- Intercept Depth
- 94.49 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- GS23-03:94.49-114.3
QA/QC
- QP Signed
- Yes
- QA/QC Methods
- standards
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2023-07-27T00:00:00.000Z
Reasoning: Moderate grade intercept in the Echo zone.
Positive factors
- Good width
Evidence · text
“0.77 g/t Au over 19.81 metres, from a depth of 94.49 metres, in drill hole GS23-03 – 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: "Contact Gold is the project operator for the planned 4,500 metres of reverse circulation (RC) drilling."
GS23-03Green Springs · goldGrade: 1.45Grade Unit: g/tIntercept: 3.05 mView all detailsHide details
Identity
- Hole ID
- GS23-03
- Project
- Green Springs
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- usa_nv
- Ticker
- C
Geometry
- Grade
- 1.45
- Grade Unit
- g/t
- Intercept
- 3.05 m
- From
- 105.16 m
- To
- 108.2 m
- Intercept Depth
- 105.16 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- GS23-03:105.16-108.2
QA/QC
- QP Signed
- Yes
- QA/QC Methods
- standards
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2023-07-27T00:00:00.000Z
Reasoning: Narrower high-grade sub-interval.
Positive factors
- Higher grade sub-interval
Evidence · table
“1.45”
Context: 19.81
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: "Contact Gold is the project operator for the planned 4,500 metres of reverse circulation (RC) drilling."
GS23-04Green Springs · goldGrade: 0.38Grade Unit: g/tIntercept: 39.62 mView all detailsHide details
Identity
- Hole ID
- GS23-04
- Project
- Green Springs
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- usa_nv
- Ticker
- C
Geometry
- Grade
- 0.38
- Grade Unit
- g/t
- Intercept
- 39.62 m
- From
- 83.82 m
- To
- 123.44 m
- Intercept Depth
- 83.82 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- GS23-04:83.82-123.44
QA/QC
- QP Signed
- Yes
- QA/QC Methods
- standards
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2023-07-27T00:00:00.000Z
Reasoning: Low grade but wide intercept.
Positive factors
- Wide intercept
Evidence · text
“0.38 g/t Au over 39.62 metres , from a depth of 83.82 metres, in drill hole GS23-04 – 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: "Contact Gold is the project operator for the planned 4,500 metres of reverse circulation (RC) drilling."
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.