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Contact Gold Extends Oxide Gold Mineralization 50 Metres North at the Stallion Zone at Pony Creek
Vancouver, British Columbia--(Newsfile Corp. - October 22, 2019) - Contact Gold Corp. (TSX...
About this update from Commodore Metals Corp.
[{"type":"text","content":"Contact Gold Extends Oxide Gold Mineralization 50 Metres North at the Stallion Zone at Pony CreekVancouver, British Columbia--(Newsfile Corp. - October 22, 2019) - Contact Gold Corp. (TSXV: C) (the \"Company\" or \"Contact Gold\") is pleased to report that it has extended oxide gold mineralization at the Stallion Zone in six holes drilled as part of its 2019 program at its flagship Pony Creek property. Pony Creek is located on the Carlin Trend in Elko County, Nevada, and directly adjacent to GSV's Railroad-Pinion Project.The northern portion of the Stallion Zone has now returned the widest intervals of oxide gold all starting from surface at Pony Creek. These results have defined a new zone within the broader Stallion trend where gold is hosted in a calcareous sandstone and jasperoid with intercalated limestone beds. Stallion is now a zone of significant oxide gold mineralization at Pony Creek, and surface work conducted by Contact Gold in 2019 indicates that it may continue eastward beneath a low angle fault which covers the zone in unmineralized rock, to the highly-prospective Mustang target. If this indication holds, the mineralized trend would measure 3 kilometers by 300 metres.The Stallion Zone is an oxide gold corridor located 1.6 km north of Pony's Bowl Zone, and currently extends over a 2.3 km strike length. Stallion is a virgin discovery founded as part of Contact Gold's 2018 drill program, is open in all directions, and has been sparsely drilled to date. Contact Gold Drill Highlights - Stallion Zone:0.35 g/t Au over 64.01 m from surface in hole PC19-24Including 1.25 g/t Au over 1.52 m from 41.15 m0.30 g/t Au over 60.96 m from surface in hole PC19-250.29 g/t Au over 68.58 m from surface in hole PC19-230.25 g/t Au over 68.58 m from surface in hole PC19-21\"We are excited about these drill results from the northern end of the Stallion Zone as they continue to expand oxide gold mineralization, from surface, in all directions. The 2019 drill campaign at Pony Creek has been very successful in extending gold mineralization at the Bowl and Stallion Zones. We look forward to progressively drilling north from Stallion towards the Mustang target to connect these two zones of gold mineralization \" said Matt Lennox-King, President & CEO of Contact Gold. Stallion ZoneDrill hole PC19-21 extended gold mineralization 50m north pas...