# Contact Gold Reports Q3 2023 Financial and Operating Results

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/contact-gold-reports-q3-2023-financial-and-operating-results--72b28e8d-0950-483c-8ec9-5276377be601

Original source: https://money.tmx.com/en/quote/C/news/8869615097810499/contact-gold-reports-q3-2023-financial-and-operating-results

Publisher: tmx

Original announcement: 2023-11-29T12:00:00.000Z

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 15:37:25 UTC

Narrative sentiment: 0.40 · Bullish

## Minestarters Atlas summary

Contact Gold reported Q3 2023 financial results alongside significant oxide gold drill results from its Green Springs project in Nevada. The company also received regulatory approval for an expanded Plan of Operations at Green Springs, enabling further drilling.

Reasoning: The release contains significant new drill results from the Green Springs project and a key permitting milestone, offsetting the negative financial results.

- Positive factor: Strong oxide gold drill intercepts reported at Green Springs

- Positive factor: Regulatory milestone achieved with approved Plan of Operations expansion

- Positive factor: Continued funding support from Centerra Gold

- Negative factor: Reporting of net losses for the nine-month period

Facts used in scoring: 15

## Classification and evidence

**Step-Out Extension**

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Why it applies: Drill results from the 2023 program at Green Springs demonstrate mineralization in oxide zones.

Evidence · text

> Highlights of oxide gold \("Au"\) drill results from the 2023 program at Green Springs include

**Permitting**

Polarity: positive

Story-specific tag

Definition: No canonical definition is currently available.

Why it applies: Received an approved Record of Decision for expanded Plan of Operations at Green Springs.

Evidence · text

> Received an approved Record of Decision from the U.S. Forest Service Humboldt-Toiyabe National Forest on the expanded Plan of Operations at Green Springs

## Extracted facts

Stored fact records: 15. Some facts used in scoring do not have a stored record.

## Drill Results (15)

### X-Ray GS23-06

[Link to this fact](https://atlas-extractions.minestarters.com/news/contact-gold-reports-q3-2023-financial-and-operating-results--72b28e8d-0950-483c-8ec9-5276377be601#fact-drill-facts-0)

Green Springs · gold

#### Identity

- Hole ID: X-Ray 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: 44.19 m
- Intercept Depth: 16.76 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: X-Ray GS23-06:16.76-44.19
- Mining Method: open\_pit

#### QA/QC

- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2023-11-29T00:00:00.000Z

Reasoning: Standard oxide intercept.

Evidence · text

> 1.14 g/t Au over 27.43 metres, from a depth of 16.76 metres, in drill hole X-Ray 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: "Green Springs is located on Nevada’s Cortez Trend, 7 km immediately east of the Gold Rock project operated by Calibre Mi"

### X-Ray GS23-06

[Link to this fact](https://atlas-extractions.minestarters.com/news/contact-gold-reports-q3-2023-financial-and-operating-results--72b28e8d-0950-483c-8ec9-5276377be601#fact-drill-facts-1)

Green Springs · gold

#### Identity

- Hole ID: X-Ray 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

#### Classification

- Program: exploration
- Sample Type: drill
- Mining Method: open\_pit

#### QA/QC

- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2023-11-29T00:00:00.000Z

Reasoning: High-grade inclusion within the main intercept.

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: "Green Springs is located on Nevada’s Cortez Trend, 7 km immediately east of the Gold Rock project operated by Calibre Mi"

### X-Ray GS23-07

[Link to this fact](https://atlas-extractions.minestarters.com/news/contact-gold-reports-q3-2023-financial-and-operating-results--72b28e8d-0950-483c-8ec9-5276377be601#fact-drill-facts-2)

Green Springs · gold

#### Identity

- Hole ID: X-Ray 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: 51.81 m
- Intercept Depth: 16.76 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: X-Ray GS23-07:16.76-51.81
- Mining Method: open\_pit

#### QA/QC

- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2023-11-29T00:00:00.000Z

Reasoning: Strong grade and width combination.

Evidence · text

> 1.97 g/t Au over 35.05 metres, from a depth of 16.76 metres, in drill hole X-Ray 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: "Green Springs is located on Nevada’s Cortez Trend, 7 km immediately east of the Gold Rock project operated by Calibre Mi"

### X-Ray GS23-07

[Link to this fact](https://atlas-extractions.minestarters.com/news/contact-gold-reports-q3-2023-financial-and-operating-results--72b28e8d-0950-483c-8ec9-5276377be601#fact-drill-facts-3)

Green Springs · gold

#### Identity

- Hole ID: X-Ray 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

#### Classification

- Program: exploration
- Sample Type: drill
- Mining Method: open\_pit

#### QA/QC

- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2023-11-29T00:00:00.000Z

Reasoning: High grade inclusion.

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: "Green Springs is located on Nevada’s Cortez Trend, 7 km immediately east of the Gold Rock project operated by Calibre Mi"

### X-Ray GS23-07

[Link to this fact](https://atlas-extractions.minestarters.com/news/contact-gold-reports-q3-2023-financial-and-operating-results--72b28e8d-0950-483c-8ec9-5276377be601#fact-drill-facts-4)

Green Springs · gold

#### Identity

- Hole ID: X-Ray 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

#### Classification

- Program: exploration
- Sample Type: drill
- Mining Method: open\_pit

#### QA/QC

- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2023-11-29T00:00:00.000Z

Reasoning: Bonanza grade inclusion.

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: "Green Springs is located on Nevada’s Cortez Trend, 7 km immediately east of the Gold Rock project operated by Calibre Mi"

### X-Ray GS23-10

[Link to this fact](https://atlas-extractions.minestarters.com/news/contact-gold-reports-q3-2023-financial-and-operating-results--72b28e8d-0950-483c-8ec9-5276377be601#fact-drill-facts-5)

Green Springs · gold

#### Identity

- Hole ID: X-Ray 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

- Program: exploration
- Sample Type: drill
- Group ID: X-Ray GS23-10:89.92-115.83
- Mining Method: open\_pit

#### QA/QC

- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2023-11-29T00:00:00.000Z

Reasoning: Solid oxide intercept.

Evidence · text

> 1.90 g/t Au over 25.91 metres, from a depth of 89.92 metres, in drill hole X-Ray 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 located on Nevada’s Cortez Trend, 7 km immediately east of the Gold Rock project operated by Calibre Mi"

### X-Ray GS23-10

[Link to this fact](https://atlas-extractions.minestarters.com/news/contact-gold-reports-q3-2023-financial-and-operating-results--72b28e8d-0950-483c-8ec9-5276377be601#fact-drill-facts-6)

Green Springs · gold

#### Identity

- Hole ID: X-Ray 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

- Program: exploration
- Sample Type: drill
- Mining Method: open\_pit

#### QA/QC

- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2023-11-29T00:00:00.000Z

Reasoning: High grade inclusion.

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 located on Nevada’s Cortez Trend, 7 km immediately east of the Gold Rock project operated by Calibre Mi"

### X-Ray GS23-11

[Link to this fact](https://atlas-extractions.minestarters.com/news/contact-gold-reports-q3-2023-financial-and-operating-results--72b28e8d-0950-483c-8ec9-5276377be601#fact-drill-facts-7)

Green Springs · gold

#### Identity

- Hole ID: X-Ray 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

- Program: exploration
- Sample Type: drill
- Group ID: X-Ray GS23-11:85.34-97.53
- Mining Method: open\_pit

#### QA/QC

- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2023-11-29T00:00:00.000Z

Reasoning: Moderate oxide intercept.

Evidence · text

> 1.41 g/t Au over 12.19 metres, from a depth of 85.34 metres, in drill hole X-Ray 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 located on Nevada’s Cortez Trend, 7 km immediately east of the Gold Rock project operated by Calibre Mi"

### X-Ray GS23-11

[Link to this fact](https://atlas-extractions.minestarters.com/news/contact-gold-reports-q3-2023-financial-and-operating-results--72b28e8d-0950-483c-8ec9-5276377be601#fact-drill-facts-8)

Green Springs · gold

#### Identity

- Hole ID: X-Ray 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

- Program: exploration
- Sample Type: drill
- Mining Method: open\_pit

#### QA/QC

- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2023-11-29T00:00:00.000Z

Reasoning: High grade inclusion.

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 located on Nevada’s Cortez Trend, 7 km immediately east of the Gold Rock project operated by Calibre Mi"

### X-Ray GS23-12

[Link to this fact](https://atlas-extractions.minestarters.com/news/contact-gold-reports-q3-2023-financial-and-operating-results--72b28e8d-0950-483c-8ec9-5276377be601#fact-drill-facts-9)

Green Springs · gold

#### Identity

- Hole ID: X-Ray 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

- Program: exploration
- Sample Type: drill
- Group ID: X-Ray GS23-12:85.34-96.01
- Mining Method: open\_pit

#### QA/QC

- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2023-11-29T00:00:00.000Z

Reasoning: Moderate oxide intercept.

Evidence · text

> 1.67 g/t Au over 10.67 metres, from a depth of 85.34 metres, in drill hole X-Ray 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 located on Nevada’s Cortez Trend, 7 km immediately east of the Gold Rock project operated by Calibre Mi"

### X-Ray GS23-12

[Link to this fact](https://atlas-extractions.minestarters.com/news/contact-gold-reports-q3-2023-financial-and-operating-results--72b28e8d-0950-483c-8ec9-5276377be601#fact-drill-facts-10)

Green Springs · gold

#### Identity

- Hole ID: X-Ray 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

- Program: exploration
- Sample Type: drill
- Mining Method: open\_pit

#### QA/QC

- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2023-11-29T00:00:00.000Z

Reasoning: High grade inclusion.

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 located on Nevada’s Cortez Trend, 7 km immediately east of the Gold Rock project operated by Calibre Mi"

### X-Ray GS23-13

[Link to this fact](https://atlas-extractions.minestarters.com/news/contact-gold-reports-q3-2023-financial-and-operating-results--72b28e8d-0950-483c-8ec9-5276377be601#fact-drill-facts-11)

Green Springs · gold

#### Identity

- Hole ID: X-Ray GS23-13
- Project: Green Springs
- Commodity: gold
- Region: usa\_nv
- Reported Region: usa\_nv
- Ticker: C

#### Geometry

- Grade: 0.86
- Grade Unit: g/t
- Intercept: 35.05 m
- From: 77.72 m
- To: 112.77 m
- Intercept Depth: 77.72 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: X-Ray GS23-13:77.72-112.77
- Mining Method: open\_pit

#### QA/QC

- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2023-11-29T00:00:00.000Z

Reasoning: Lower grade intercept.

Evidence · text

> 0.86 g/t Au over 35.05 metres, from a depth of 77.72 metres, in drill hole X-Ray GS23-13

#### 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 located on Nevada’s Cortez Trend, 7 km immediately east of the Gold Rock project operated by Calibre Mi"

### X-Ray GS23-13

[Link to this fact](https://atlas-extractions.minestarters.com/news/contact-gold-reports-q3-2023-financial-and-operating-results--72b28e8d-0950-483c-8ec9-5276377be601#fact-drill-facts-12)

Green Springs · gold

#### Identity

- Hole ID: X-Ray GS23-13
- Project: Green Springs
- Commodity: gold
- Region: usa\_nv
- Reported Region: usa\_nv
- Ticker: C

#### Geometry

- Grade: 1.22
- Grade Unit: g/t
- Intercept: 18.29 m

#### Classification

- Program: exploration
- Sample Type: drill
- Mining Method: open\_pit

#### QA/QC

- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2023-11-29T00:00:00.000Z

Reasoning: High grade inclusion.

Evidence · text

> Including:1.22 g/t Au over 18.29 metres

#### 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 located on Nevada’s Cortez Trend, 7 km immediately east of the Gold Rock project operated by Calibre Mi"

### Echo GS23-03

[Link to this fact](https://atlas-extractions.minestarters.com/news/contact-gold-reports-q3-2023-financial-and-operating-results--72b28e8d-0950-483c-8ec9-5276377be601#fact-drill-facts-13)

Green Springs · gold

#### Identity

- Hole ID: Echo 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: Echo GS23-03:94.49-114.3
- Mining Method: open\_pit

#### QA/QC

- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2023-11-29T00:00:00.000Z

Reasoning: Low grade intercept.

Evidence · text

> 0.77 g/t Au over 19.81 metres, from a depth of 94.49 metres, in drill hole Echo 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: "Green Springs is located on Nevada’s Cortez Trend, 7 km immediately east of the Gold Rock project operated by Calibre Mi"

### Echo GS23-04

[Link to this fact](https://atlas-extractions.minestarters.com/news/contact-gold-reports-q3-2023-financial-and-operating-results--72b28e8d-0950-483c-8ec9-5276377be601#fact-drill-facts-14)

Green Springs · gold

#### Identity

- Hole ID: Echo 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: Echo GS23-04:83.82-123.44
- Mining Method: open\_pit

#### QA/QC

- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2023-11-29T00:00:00.000Z

Reasoning: Low grade intercept.

Evidence · text

> 0.38 g/t Au over 39.62 metres, from a depth of 83.82 metres, in drill hole Echo 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: "Green Springs is located on Nevada’s Cortez Trend, 7 km immediately east of the Gold Rock project operated by Calibre Mi"

## 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.
