Business

Contact Gold Drills 1.4 g/t Oxide Gold over 42.6 Metres at Green Springs Gold Project, Nevada

Vancouver, British Columbia--(Newsfile Corp. - April 14, 2021) -  Contact Gold Corp. (...

articleCommodore Metals Corp.April 14, 20214/company/commodore-metals-corp/news/contact-gold-drills-14-gt-oxide-gold-over-426-metres-at-green-springs-gold-project-nevada
Contact Gold Drills 1.4 g/t Oxide Gold over 42.6 Metres at Green Springs Gold Project, Nevada

About this update from Commodore Metals Corp.

[{"type":"text","content":"Contact Gold Drills 1.4 g/t Oxide Gold over 42.6 Metres at Green Springs Gold Project, NevadaVancouver, British Columbia--(Newsfile Corp. - April 14, 2021) -  Contact Gold Corp. (TSXV: C) (OTCQB: CGOL) (the \"Company\" or \"Contact Gold\") is pleased to report results for the final 4 drill holes completed during the 2020 drill program at the Green Springs gold property (\"Green Springs\"), Nevada. Results are from the Alpha Zone; the northernmost zone of gold mineralization identified at Green Springs to date.Highlights:1.40 g/t Au over 42.6 metre from a depth of 24.38 m in hole GSC20-04 at the Alpha ZoneIncluding: 1.91 g/t Au over 23.77 mDrilling at the Alpha Zone in 2020 intersected thick intervals of variably oxidized gold mineralization hosted within the Pilot ShaleOxidation of the gold mineralization at Alpha is controlled by high and low angle faultsThe Alpha Zone is located 1.5km northeast of the Mine Trend, and remains open for expansion in all directions and sits on the same northeast structure linking Bravo to Alpha and TangoBuilding the road from the Alpha Zone to the Tango Target is now completeDrilling the first ever holes at the Tango Target is underway\"The Alpha Zone continues to return thick intercepts of gold mineralization. In building the road from Alpha to Tango, we aim to make the next drill discovery at Green Springs and possibly link these two targets together,\" stated Matt Lennox-King, CEO of Contact Gold. \"The 2021 drill program is going very well and we are looking forward to drilling the virgin Tango target, which is the most obvious untested drill target at Green Springs.\" The Company has completed 3,100 meters in the first 23 drill holes of the 2021 drill program and plans to continue drilling the Mine Trend and testing the never before drilled targets \"Tango\", and \"Foxtrot\", which are located 1.5 km to the north and east of the Mine Trend, respectively. The 2021 program is focused on rapidly expanding the footprint of oxidized gold mineralization at Green Springs, by stepping out on high grade zones along the Mine Trend encountered by Contact Gold in the 2020 program, and by testing high-potential exploration targets to the east and north of the Mine Trend. Gold mineralization at Green Springs is typically near surface and well oxidized, and found in 2 key host units, the Chainman and P...

More updates from Commodore Metals Corp.