Contact Gold Wraps up Impactful 2023 Program 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, Permitting
Extracted
2026-09-17 16:22:01 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Contact Gold completed its 2023 exploration program at the Green Springs gold project in Nevada, reporting high-grade oxidized gold intercepts that expanded the X-Ray zone footprint. The company also secured a permit expansion and increased its property size by 19%.

Reasoning: The release reports strong drill results that expand the footprint of the X-Ray zone and includes significant corporate milestones like permit expansion and property growth.

Positive factors

  • Significant footprint expansion at X-Ray zone
  • High-grade oxidized intercepts reported
  • Permit expansion secured
  • Property size increased by 19%

Facts used in scoring: 13

Classification and evidence

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: Drilling at the X-Ray Zone significantly expanded the footprint of the zone.

Evidence · text

“Drilling at the X-Ray Zone significantly expanded the footprint of the zone”

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

“Green Springs is strategically located 7 km immediately east of the Gold Rock project”

Extracted facts

Stored fact records: 13. Some facts used in scoring do not have a stored record.

Drill Results (13)

GS23-06Green Springs · goldGrade: 1.14Grade Unit: g/tIntercept: 27.43 mView all details
Link to this fact

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
44.19 m
Intercept Depth
16.76 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
GS23-06:16.76-44.19
Mining Method
open_pit

QA/QC

QP Signed
Yes
QA/QC Methods
standards

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2023-10-24T00:00:00.000Z

Reasoning: Standard grade intercept for an early-stage exploration project.

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: "Green Springs is strategically located 7 km immediately east of the Gold Rock project operated by Calibre Mining Corp."

GS23-06Green Springs · goldGrade: 1.73Grade Unit: g/tIntercept: 10.67 mView all details
Link to this fact

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

Classification

Deposit Type
other
Sample Type
drill
Mining Method
open_pit

QA/QC

QP Signed
Yes
QA/QC Methods
standards

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2023-10-24T00:00:00.000Z

Reasoning: Higher grade sub-interval within GS23-06.

Evidence · text

“Including 1.73 g/t Au over 10.67 metres”

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."

GS23-07Green Springs · goldGrade: 1.97Grade Unit: g/tIntercept: 35.05 mView all details
Link to this fact

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
51.81 m
Intercept Depth
16.76 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
GS23-07:16.76-51.81
Mining Method
open_pit

QA/QC

QP Signed
Yes
QA/QC Methods
standards

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2023-10-24T00:00:00.000Z

Reasoning: Solid width and grade intercept.

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: "Green Springs is strategically located 7 km immediately east of the Gold Rock project operated by Calibre Mining Corp."

GS23-07Green Springs · goldGrade: 5.06Grade Unit: g/tIntercept: 10.67 mView all details
Link to this fact

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

Classification

Deposit Type
other
Sample Type
drill
Mining Method
open_pit

QA/QC

QP Signed
Yes
QA/QC Methods
standards

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2023-10-24T00:00:00.000Z

Reasoning: High grade sub-interval.

Evidence · text

“Including 5.06 g/t Au over 10.67 metres”

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."

GS23-07Green Springs · goldGrade: 6.96Grade Unit: g/tIntercept: 4.57 mView all details
Link to this fact

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

Classification

Deposit Type
other
Sample Type
drill
Mining Method
open_pit

QA/QC

QP Signed
Yes
QA/QC Methods
standards

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2023-10-24T00:00:00.000Z

Reasoning: High grade sub-interval.

Evidence · text

“Including : 6.96 g/t Au over 4.57 metres”

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: 1.9Grade Unit: g/tIntercept: 25.91 mView all details
Link to this fact

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
Sample Type
drill
Group ID
GS23-10:89.92-115.83
Mining Method
open_pit

QA/QC

QP Signed
Yes
QA/QC Methods
standards

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2023-10-24T00:00:00.000Z

Reasoning: Standard grade intercept.

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 details
Link to this fact

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
Sample Type
drill
Mining Method
open_pit

QA/QC

QP Signed
Yes
QA/QC Methods
standards

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2023-10-24T00:00:00.000Z

Reasoning: Higher grade sub-interval.

Evidence · text

“Including: 2.50 g/t Au over 18.29 metres”

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."

GS23-13Green Springs · goldGrade: 0.86Grade Unit: g/tIntercept: 35.05 mView all details
Link to this fact

Identity

Hole ID
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

Deposit Type
other
Sample Type
drill
Group ID
GS23-13:77.72-112.77
Mining Method
open_pit

QA/QC

QP Signed
Yes
QA/QC Methods
standards

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2023-10-24T00:00:00.000Z

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 GS23-13 - 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."

GS23-13Green Springs · goldGrade: 1.22Grade Unit: g/tIntercept: 18.29 mView all details
Link to this fact

Identity

Hole ID
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

Deposit Type
other
Sample Type
drill
Mining Method
open_pit

QA/QC

QP Signed
Yes
QA/QC Methods
standards

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2023-10-24T00:00:00.000Z

Reasoning: Higher grade sub-interval.

Evidence · text

“Including : 1.22 g/t Au over 18.29 metres”

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."

GS23-14Green Springs · goldGrade: 0.8Grade Unit: g/tIntercept: 48.77 mView all details
Link to this fact

Identity

Hole ID
GS23-14
Project
Green Springs
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
C

Geometry

Grade
0.8
Grade Unit
g/t
Intercept
48.77 m
From
64.01 m
To
112.78 m
Intercept Depth
64.01 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
GS23-14:64.01-112.78
Mining Method
open_pit

QA/QC

QP Signed
Yes
QA/QC Methods
standards

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2023-10-24T00:00:00.000Z

Reasoning: Lower grade intercept.

Evidence · text

“0.80 g/t Au over 48.77 metres , from a depth of 64.01 metres, in drill hole GS23-14 – mixed”

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."

GS23-14Green Springs · goldGrade: 1.91Grade Unit: g/tIntercept: 15.24 mView all details
Link to this fact

Identity

Hole ID
GS23-14
Project
Green Springs
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
C

Geometry

Grade
1.91
Grade Unit
g/t
Intercept
15.24 m

Classification

Deposit Type
other
Sample Type
drill
Mining Method
open_pit

QA/QC

QP Signed
Yes
QA/QC Methods
standards

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2023-10-24T00:00:00.000Z

Reasoning: Higher grade sub-interval.

Evidence · text

“Including : 1.91 g/t Au over 15.24 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."

GS23-03Green Springs · goldGrade: 0.77Grade Unit: g/tIntercept: 19.81 mView all details
Link to this fact

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

Deposit Type
other
Sample Type
drill
Group ID
GS23-03:94.49-114.3
Mining Method
open_pit

QA/QC

QP Signed
Yes
QA/QC Methods
standards

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2023-10-24T00:00:00.000Z

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 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: "Green Springs is strategically located 7 km immediately east of the Gold Rock project operated by Calibre Mining Corp."

GS23-04Green Springs · goldGrade: 0.38Grade Unit: g/tIntercept: 39.62 mView all details
Link to this fact

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

Deposit Type
other
Sample Type
drill
Group ID
GS23-04:83.82-123.44
Mining Method
open_pit

QA/QC

QP Signed
Yes
QA/QC Methods
standards

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2023-10-24T00:00:00.000Z

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 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: "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.