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Contact Gold Drills 1.3 G/T Oxide Gold over 13 Metres at Pony Creek
Vancouver, British Columbia--(Newsfile Corp. - August 15, 2019) -   Contact Gold Corp.&#x...
About this update from Commodore Metals Corp.
[{"type":"text","content":"Contact Gold Drills 1.3 G/T Oxide Gold over 13 Metres at Pony CreekVancouver, British Columbia--(Newsfile Corp. - August 15, 2019) -  Contact Gold Corp. (TSXV: C) (the \"Company\" or \"Contact Gold\") is pleased to report that exploration drill results from the next three drill holes of the 2019 program have continued to define 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.To date, drill holes reported for 2019 have all intersected significant gold mineralization, further adding to the success of the 2017 & 2018 drill campaigns which encountered gold mineralization in 87 of 93 drill holes (93%). Pony Creek continues to deliver shallow intervals of gold mineralization similar to many currently producing Carlin Type gold systems in Nevada. To date, the majority of reportable gold intercepts at Pony Creek have been hit at less than 50 metres from surface. Drill Highlights - Bowl Zone:0.41 g/t Au over 38.10 m from 38.10 m in hole PC19-07 0.7 g/t Au over 39.62 m from 108.21 m in hole PC19-08Including 1.31 g/t Au over 13.72 m0.37 g/t Au over 50.29 m from 50.29 m in hole PC19-090.49 g/t Au over 10.67 m from 131.07 m in hole PC19-09\"I am very pleased that we continue to hit near surface gold mineralization in every hole we drill at Pony Creek in this 2019 drill program. Hole eight was particularly encouraging in demonstrating that wide and shallow intercepts of oxide gold exceeding 1 g/t gold continue to the west, outside of previously known gold mineralization at the Bowl Zone. We look forward to announcing more drill results from the Bowl, Appaloosa and Stallion Zones.\" stated Matt Lennox-King, President & CEO of Contact Gold. Bowl ZonePC19-07 & 08 are infill holes in the Bowl Zone. Hole 7 intersected shallow mineralization in rhyolite, and tested the southwest extension of the PC18-33 zonePC19-08 adds to the shallow gold mineralization category in the Bowl zone to the west of previously drilled shallow gold mineralization. There is significant room around PC19-08 to grow the shallow oxide gold mineralization that occurs in the preferred host calcareous sandstone and conglomerate below the rhyolitePC19-09 returned several wide ...