# 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

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/contact-gold-hits-5-06-g-t-oxide-gold-over-10-7-metres-within-1-97-g-t-au-over-3--eaf29b2d-76a2-445b-8942-6ad8d999aad4

Original source: https://money.tmx.com/en/quote/C/news/8119463884969949/contact-gold-hits-5-06-g-t-oxide-gold-over-10-7-metres-within-1-97-g-t-au-over-3

Publisher: tmx

Original announcement: 2023-07-27T10:30:00.000Z

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, Other

- Extracted: 2026-09-17 15:45:23 UTC

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas 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 factor: High-grade oxide intercepts in X-Ray zone

- Positive factor: Step-out drilling extending mineralization

- Positive factor: Near-surface target with continuity

Facts used in scoring: 8

## Classification and evidence

**Step-Out Extension**

Polarity: positive

Definition: 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 Disclosed**

Polarity: positive

Definition: 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 Intercept**

Polarity: positive

Definition: 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)

### GS23-06

[Link to this fact](https://atlas-extractions.minestarters.com/news/contact-gold-hits-5-06-g-t-oxide-gold-over-10-7-metres-within-1-97-g-t-au-over-3--eaf29b2d-76a2-445b-8942-6ad8d999aad4#fact-drill-facts-0)

Green Springs · gold

#### 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 factor: 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 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: "Contact Gold is the project operator for the planned 4,500 metres of reverse circulation \(RC\) drilling."

### GS23-06

[Link to this fact](https://atlas-extractions.minestarters.com/news/contact-gold-hits-5-06-g-t-oxide-gold-over-10-7-metres-within-1-97-g-t-au-over-3--eaf29b2d-76a2-445b-8942-6ad8d999aad4#fact-drill-facts-1)

Green Springs · gold

#### 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 factor: Higher grade sub-interval

Evidence · text

> Including: 1.73 g/t Au over 10.67 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: "Contact Gold is the project operator for the planned 4,500 metres of reverse circulation \(RC\) drilling."

### GS23-07

[Link to this fact](https://atlas-extractions.minestarters.com/news/contact-gold-hits-5-06-g-t-oxide-gold-over-10-7-metres-within-1-97-g-t-au-over-3--eaf29b2d-76a2-445b-8942-6ad8d999aad4#fact-drill-facts-2)

Green Springs · gold

#### 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 factor: 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 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: "Contact Gold is the project operator for the planned 4,500 metres of reverse circulation \(RC\) drilling."

### GS23-07

[Link to this fact](https://atlas-extractions.minestarters.com/news/contact-gold-hits-5-06-g-t-oxide-gold-over-10-7-metres-within-1-97-g-t-au-over-3--eaf29b2d-76a2-445b-8942-6ad8d999aad4#fact-drill-facts-3)

Green Springs · gold

#### 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 factor: Bonanza grade intercept

Evidence · text

> Including: 5.06 g/t Au over 10.67 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: "Contact Gold is the project operator for the planned 4,500 metres of reverse circulation \(RC\) drilling."

### GS23-07

[Link to this fact](https://atlas-extractions.minestarters.com/news/contact-gold-hits-5-06-g-t-oxide-gold-over-10-7-metres-within-1-97-g-t-au-over-3--eaf29b2d-76a2-445b-8942-6ad8d999aad4#fact-drill-facts-4)

Green Springs · gold

#### 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 factor: Very high grade

Evidence · text

> Including: 6.96 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: "Contact Gold is the project operator for the planned 4,500 metres of reverse circulation \(RC\) drilling."

### GS23-03

[Link to this fact](https://atlas-extractions.minestarters.com/news/contact-gold-hits-5-06-g-t-oxide-gold-over-10-7-metres-within-1-97-g-t-au-over-3--eaf29b2d-76a2-445b-8942-6ad8d999aad4#fact-drill-facts-5)

Green Springs · gold

#### 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 factor: 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 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: "Contact Gold is the project operator for the planned 4,500 metres of reverse circulation \(RC\) drilling."

### GS23-03

[Link to this fact](https://atlas-extractions.minestarters.com/news/contact-gold-hits-5-06-g-t-oxide-gold-over-10-7-metres-within-1-97-g-t-au-over-3--eaf29b2d-76a2-445b-8942-6ad8d999aad4#fact-drill-facts-6)

Green Springs · gold

#### 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 factor: Higher grade sub-interval

Evidence · table

> 1.45

Context: 19.81

#### 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: "Contact Gold is the project operator for the planned 4,500 metres of reverse circulation \(RC\) drilling."

### GS23-04

[Link to this fact](https://atlas-extractions.minestarters.com/news/contact-gold-hits-5-06-g-t-oxide-gold-over-10-7-metres-within-1-97-g-t-au-over-3--eaf29b2d-76a2-445b-8942-6ad8d999aad4#fact-drill-facts-7)

Green Springs · gold

#### 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 factor: 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 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: "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.
