Contact Gold Makes Major Gold Discovery at the Green Springs Project, Nevada, Drills 54 metres of 0.55 g/t Oxide Gold

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[{"type":"text","content":"Contact Gold Makes Major Gold Discovery at the Green Springs Project, Nevada, Drills 54 metres of 0.55 g/t Oxide GoldVancouver, British Columbia--(Newsfile Corp. - June 15, 2021) - Contact Gold Corp. (TSXV: C) (OTCQB: CGOLF) (the \"Company\" or \"Contact Gold\") is pleased to announce the drilling of a new gold discovery at its Green Springs gold project in White Pine County, Nevada. Drill Highlights:0.55 g/t oxide Au over 54.86 m in drill hole GS21-31, from a depth of 19.81 metres, including 1.34 g/t Au over 3.05 m1.01 g/t oxide Au over 13.72 m in drill hole GS21-32 from a depth of 24.38 metres, including 2.71 g/t Au over 3.05 m0.87 g/t oxide Au over 13.72 m in drill hole GS21-27 from a depth of 15.24 metres, including 1.5 g/t Au over 4.57 mKey Points:New gold discovery made at the Tango Target in the northern portion of Green SpringsTango represents a step out of over 500 metres from the next closest drill holes at the Alpha Zone (see news release dated April 14, 2021), and remains open for expansion, particularly to the south and westAn additional 15 drill holes drilled at the Tango Target all intercepted intervals of near surface, oxidized gold mineralization over an area of 250 x 500 metresTango was identified by soil and rock geochemical sampling and was never before drilled; all holes drilled by Contact Gold at Tango intersected significant gold mineralizationRoad cut sampling and additional detailed mapping are underway to refine targeting ahead of the next phase of drillingContact Gold has staked an additional 18 claims to the north of the Tango discovery, covering 15.5 Hectares or 36 Acres of prospective ground\"We are ecstatic to have discovered a large new zone of oxidized gold mineralization at Green Springs. Opportunities to generate and drill shallow, new targets that result in new discoveries are becoming increasingly rare in Nevada, especially on the major gold trends,\" said Matt Lennox-King, President & CEO of Contact Gold. \"The Tango discovery, with its large surface footprint, strong oxide grades and thicknesses is a testament to the quality of targets that Vance Spalding, Contact Gold's Vice President of Exploration and his team have generated at Green Springs. We are excited to get back on the ground at Tango and continue growing this exciting new discovery. In the meantime, we are excited to receive ...

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