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Contact Gold Begins 2023 Drill Program at Green Springs Gold Project
(TheNewswire) Vancouver, BC - TheNewswire - May 31, 202 3 - Contact Gol...
About this update from Commodore Metals Corp.
[{"type":"text","content":"Contact Gold Begins 2023 Drill Program at Green Springs Gold Project\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Vancouver, BC -\n \n \n TheNewswire -\n \n \n May 31, 202\n \n \n 3\n \n \n -\n \n \n Contact Gold\nCorp.\n \n \n (the “Company” or\n“Contact Gold”) (TSXV:C\n \n \n )\n \n \n (\n \n \n OTC:CGOLF)\n \n \n is pleased\nto announce that the 2023 drill program has commenced at the Green\nSprings gold project located on the prolific Cortez Trend in\nnortheastern Nevada.\n \n \n \n \n The 2023 drill program will be the first program\ncarried out as part of the US$ 10 million earn-in agreement with\nCenterra Gold Inc.\n \n \n (“Centerra”)\n \n \n (TSX: CG; NYSE: CGAU), and comes on the heels of drill\nprograms by Contact Gold that have consistently delivered intervals of\nhigh grade oxidized gold mineralization and multiple gold discoveries.\n \n \n \n \n “We are excited to be back drilling at Green Springs\nafter very successful discovery and step out programs in 2021 and\n2022, with this year being the first with Centerra as our funding\npartner.” said Matt Lennox-King, President and CEO of Contact Gold.\n “Since we first acquired the project in 2019, we have consistently\ndelivered high grade, well oxidized, near surface drill intercepts in\nall target areas, along with bona fide discoveries at X-Ray and Tango.\n We fully expect to have an equally impactful program this year as we\nwork through our priority drill targets.”\n \n \n \n \n 2023 Drill Program:\n \n \n \n \n \n \n Approved budget for the 2023 program is US$ 1.85 M (C$\n2.52 M)\n \n \n \n \n \n \n Contact Gold is the project operator.\n \n \n \n \n \n \n \n \n 4,500 metres of reverse circulation drilling (RC), for\nan expected 45 drill holes, indicating the near surface nature of gold\nmineralization at Green Springs\n \n \n \n \n \n \n Drilling will focus on stepping out from existing zones\nof high-grade oxidized gold mineralization and testing new undrilled\ntargets for new discoveries.\n \n \n \n \n \n \n First drill holes will be at the X-Ray zone, followed\nby the Echo zone at the southern end of the 3 km long Green Springs\nMine Trend. Both X-Ray and Echo host shallow, high grade gold\nmine...