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Contact Gold Drills 0.7 g/t Gold over 16.7 Metres Beneath the Mine Trend at the Green Springs Project, Nevada
Vancouver, British Columbia--(Newsfile Corp. - September 15, 2021) - Contact Gold Corp. (TS...
About this update from Commodore Metals Corp.
[{"type":"text","content":"Contact Gold Drills 0.7 g/t Gold over 16.7 Metres Beneath the Mine Trend at the Green Springs Project, NevadaVancouver, British Columbia--(Newsfile Corp. - September 15, 2021) - Contact Gold Corp. (TSXV: C) (OTCQB: CGOLF) (the \"Company\" or \"Contact Gold\") is pleased to announce the discovery of gold mineralization at the Pilot Shale / Guilmette Limestone contact beneath the historic Mine Trend at the Green Springs Gold Project, Nevada. Hole GS 21-22 returned 0.7 g/t Au over 16.7 metres; the best intercept from this deeper host horizon to date beneath the Mine Trend.The discovery of a significant thickness and grade of gold mineralization in the Pilot Shale beneath the 3 km Mine Trend (drillholes GS 21-22 and 21-55) is proof of concept that the host horizon has been underexplored at Green Springs where prior explorers focused on the overlying \"stacked\" host horizon in the lower Chainman shale. These holes provide significant proof of concept for Alligator Ridge style of mineralization beneath the historic Mine Trend; a key end member of Carlin Type gold deposits in eastern Nevada; and open up the rest of the Mine Trend for further discoveries in undrilled areas, punctuating a successful 2021 drill program that delivered two new gold discoveries at the outcropping Tango (see news release June 15, 2021) and X-Ray (see news release June 28, 2021) targets. Highlights:Northern Mine Trend:0.70 g/t Au over 16.76 m in drill hole GS 21-22, from a depth of 224m: Hosted within the lower Pilot Shale above the Guilmette Limestone contact - the host to Gold Standard Venture's Pinion, and Kinross' Alligator Ridge and Saga mining sites (all +1 Moz deposits) to the north of Green Springs.Intersected in a 900 metre gap in drilling in the Mine Trend, gold mineralization is open both north and south. There are no drill tests of the Pilot Shale/Guilmette limestone host horizon beneath the Mine Trend to the north of hole GS 21-22 in the 400 metres to the Bravo Zone, and only one test (GS 21-58) for 500 metres south of GS 21-22 towards the Charlie Pit. 0.44 g/t Au over 3.05 metres in hole GS 21-55, from a depth of 152 metres.Drilled in a 650 metre gap of drilling on the Mine Trend between the two past producing pits.Hosted in the Pilot/Guilmette horizon, providing further justification for the exploration potential at this underexplored, slightly...