Business
Contact Gold Extends Strike Length of the West Zone Discovery at Pony Creek Drills 92.97 Metres Oxide Gold from Surface in Step-Out Hole
Vancouver, British Columbia--(Newsfile Corp. - November 28, 2018) - Contact Gold Corp. (TSXV:...
About this update from Commodore Metals Corp.
[{"type":"text","content":"Contact Gold Extends Strike Length of the West Zone Discovery at Pony Creek Drills 92.97 Metres Oxide Gold from Surface in Step-Out HoleVancouver, British Columbia--(Newsfile Corp. - November 28, 2018) - Contact Gold Corp. (TSXV: C) (the \"Company\" or \"Contact Gold\") is pleased to report that exploration drill results from an additional 13 holes drilled along the margins of the West Zone discovery, have extended the strike length of the West Zone to 2.3 km at 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 Company announced the discovery of gold at the West Zone in August 2018. Drill Highlights - West Zone:0.33 g/t oxide Au over 92.97 metres from surface including 0.6 g/t oxide Au over 13.7 metres in hole PC18-51 0.26 g/t oxide Au over 50.29 metres from surface in hole PC18-50 0.31 g/t oxide Au over 39.62 metres from surface in hole PC18-49 0.38 g/t oxide Au over 15.24 metres oxide from 71.63 metres, and 0.28 g/t oxide Au over 9.14 metres from 7.62 metres, in hole PC18-41 0.70 g/t oxide Au over 6.10 metres from surface in drill hole PC18-40 Additional assays are currently pending for three drill holes from the southeast edge of the Bowl Zone. \"These additional drill holes, containing oxide gold mineralization extending from surface, at Contact Gold's new West Zone discovery further demonstrate the substantial and growing footprint of near-surface gold mineralization at Pony Creek. Drill hole PC18-051 is a clear example of this, returning a 90 meter intercept with a grade thickness value of 30 gram-meters from surface and cyanide versus fire assay recovery of 92%. As we continue to better understand the structural controls to mineralization, we will apply that knowledge to focus drilling on specific structural/stratigraphic contacts to vector into the higher grade portions of this very large, newly discovered Carlin-type gold system.\" stated Vance Spalding, VP Exploration for Contact Gold. West Zone Highlights22 of 23 drill holes to date have intersected long runs of near surface and oxidized gold mineralization, with numerous individual assays ranging from 0.6 g/t Au to 1.1 g/t Au. Drill hole PC18-051 returned a 90 metre intercept beginning at surface with a grade thickness value of 30 ...