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Contact Gold Extends the Bowl Zone by 250 Metres at Pony Creek
Vancouver, British Columbia--(Newsfile Corp. - February 28, 2019) - Contact Gold Corp. (TSXV:...
About this update from Commodore Metals Corp.
[{"type":"text","content":"Contact Gold Extends the Bowl Zone by 250 Metres at Pony CreekVancouver, British Columbia--(Newsfile Corp. - February 28, 2019) - Contact Gold Corp. (TSXV: C) (the \"Company\" or \"Contact Gold\") is pleased to report drill results from the final three holes of the 2018 drill program at the Pony Creek gold property (\"Pony Creek\"). These step out and confirmation holes demonstrate Contact's ability to continue to expand the gold footprint of the Bowl Zone.Drill Highlights:0.56 g/t Au over 21.34 metres from 51.67 metres, including 1.53 g/t Au over 4.57 metres from 62.48 metres in hole PC18-47 0.44 g/t Au over 33.53 metres from 67.06 metres in drill hole PC18-46 0.25 g/t Au over 27.40 metres from 51.82 metres in drill hole PC18-45 \"These results from the Bowl Zone mark the end of a very successful 2018 drill season and continue to validate our team's systematic exploration approach of targeting specific structures which host better gold grades, and shows gold mineralization is present over significant widths to the south of the main bowl zone gold discovery. These drill holes confirm and extend gold mineralization a further 250 metres south and remain open for expansion in that direction. Combined with the gold-in-soil footprint of the newly defined Palomino Target to the northwest, and the high grade oxide results from West Bowl target, we have a clear path to substantially increasing the gold mineralization footprint of the Bowl Zone.\" stated Matt Lennox-King, CEO of Contact Gold. Bowl ZoneHole 47, a 100 metre confirmation step-out south of the historical mineral resource estimate area, intersected significant gold mineralization where previous historical and 2017 drilling failed to reach gold mineralization. Hole 46, which returned broad intervals of gold mineralization, is a further 60 metre south of drill hole 47 and was drilled to the west extending the area of known gold mineralization in the southern and westward directions along the primary north-south structural corridor that hosts gold mineralization at the Bowl Zone. Hole 45 was a pure step out hole, extending known gold mineralization a further 90 metres south of drill hole 46, encountering a broad interval of lower-grade gold at a similar depth to the previous step-out holes to the north.The Bowl Zone remains open for further expansion to the north, south and west...