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Contact Gold Announces Start of 2019 Drill Program at Pony Creek
Vancouver, British Columbia--(Newsfile Corp. - May 23, 2019) - Contact Gold Corp. (TSXV: C) (...
About this update from Commodore Metals Corp.
[{"type":"text","content":"Contact Gold Announces Start of 2019 Drill Program at Pony CreekVancouver, British Columbia--(Newsfile Corp. - May 23, 2019) - Contact Gold Corp. (TSXV: C) (the \"Company\" or \"Contact Gold\") is pleased to report the start of the 2019 drill program at the Pony Creek gold property (\"Pony Creek\"). Drilling is underway, with one RC drill rig drilling at the Bowl Zone.Pony Creek is located within the Pinion Range, in western Elko County, Nevada, south of Gold Standard Ventures' Railroad Pinion project. The Pony Creek property encompasses approximately 107 km2 in the southern portion of the Carlin gold trend and hosts near surface oxide and deeper high-grade targets supported by extensive exploration databases. The initial phase of 2019 drilling will focus on stepping out from the high-grade oxide zone first discovered by Contact Gold at the Bowl Zone in 2018 drilling. Bowl Zone - Oxide Gold Highlights from 2018:2.51 g/t Au over 47.24 metres from 86.87 m in drill hole PC18-030.53 g/t Au over 59.44 metres from 1.52 m in drill hole PC18-020.91 g/t Au over 27.43 metres from 28.96 m in drill hole PC18-01\"2018 was a landmark year at Pony Creek, with the improved targeting model at the Bowl Zone resulting in the discovery of a significant zone of near-surface, high-grade oxide gold mineralization in drilling. This zone remains open to the north and south and will be the focus of aggressive drilling to kick off this year's program.\" stated Matt Lennox-King, CEO of Contact Gold. \"Follow up drilling at the Stallion Zone (formerly known as the West Zone) oxide gold discovery, combined with the planned testing of up to 4 new targets, encourages our belief that 2019 will be a transformative year at Pony Creek.\"Bowl ZoneThe Bowl Zone currently boasts a mineralized footprint of 1,000 by 400 metresThe Western portion of the Bowl Zone has returned numerous thick intervals of near-surface oxidized gold mineralization hosted principally within Penn-Perm aged conglomerates and sandstonesThe Bowl Zone remains open for further expansion to the north, south and west; 2018 step-out drill holes demonstrated continuity of gold mineralization 250 metres south of the historical resource area2019 drilling at the Bowl Zone is designed to expand the mineralized footprint, both in the high-grade oxide zone, and to the north toward Contact Gold's Stallion Z...