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Contact Gold Drills 12 Meters 1.2 g/t Oxide Gold at Pony Creek
Vancouver, British Columbia--(Newsfile Corp. - July 10, 2019) - Contact Gold Corp. (TSXV: C) ...
About this update from Commodore Metals Corp.
[{"type":"text","content":"Contact Gold Drills 12 Meters 1.2 g/t Oxide Gold at Pony CreekVancouver, British Columbia--(Newsfile Corp. - July 10, 2019) - Contact Gold Corp. (TSXV: C) (the \"Company\" or \"Contact Gold\") is pleased to report that exploration drill results from the first three holes of the 2019 program have extended previously defined oxide gold mineralization at the Bowl Zone on the Pony Creek gold property (\"Pony Creek\"). Pony Creek is located on the Carlin Trend in Elko County, Nevada, adjacent to Gold Standard Ventures' (\"GSV\") Railroad-Pinion Project.The first 10 holes of the 2019 program at Pony Creek were drilled to follow up and offset the high grade, more oxidized gold corridor discovered in June 2018 west of the focal point of previous explorers at Pony Creek (see June 21, 2018 news release).Drill Highlights - Bowl Zone:1.21 g/t oxide Au over 12.19 m from 64.01 m in hole PC19-03 Including 3.47 g/t oxide Au over 3.05 m0.88 g/t oxide Au over 16.76 metres from 86.87 m in hole PC19-030.8 g/t Au over 32.00 m from 65.53 m in hole PC19-02Including 1.48 g/t Au over 13.72 m0.43 g/t Au over 35.05 m from 15.24 m in hole PC19-01\"These new drill holes continue the growth and definition of the major oxide gold discoveries from 2018 and further demonstrate the dominant oxide gold component at the Bowl Zone. The first three holes from the 2019 program are very encouraging, with long runs of near surface gold in all holes, and we look forward to more results from the Bowl, Appaloosa and Stallion Zones.\" stated Matt Lennox-King, President & CEO of Contact Gold. Bowl ZonePC19-01 extended the depth of gold mineralization from shallower gold discoveries with 0.43 g/t Au over 35.05m from the 2018 drill hole (PC18-01, 27m of 0.91g/t Au)PC19-02 confirmed and extended, at depth, gold mineralization with 32m of 0.8 g/t Au from gold discovered in 2018 drilling (PC18-03 47m @ 2.51 g/t Au) PC19-03 is a 50m step-out from the highlight gold intercept in 2018 (93m @ 1.00 g/t Au, see news release June 21, 2018), intersecting several shallow intercepts of oxide gold above 1.00 g/t AuGold mineralization intercepted in drilling at the Bowl Zone now covers an area measuring 850m x 650mThe oxide gold discovery at west Bowl Zone is outside of the historic resource areaThe Bowl Zone remains open for further expansion to the north, south and west, with these st...