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Contact Gold Reports Q2 2022 Financial and Operating Results
(TheNewswire) Vancouver, B.C. - TheNewswire - August 19, 2022 – Contac...
About this update from Commodore Metals Corp.
[{"type":"text","content":"Contact Gold Reports Q2 2022 Financial and Operating Results\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Vancouver, B.C. -\n \n \n TheNewswire -\n \n \n August 19, 2022 – Contact Gold Corp. (the\n\"Company\" or \"Contact Gold\") (TSXV:C\n \n \n )\n \n \n ;\n \n \n (\n \n \n OTC:CGOLF)\n \n \n is pleased\nto announce its financial and operating results for the three- and\nsix-months ended June 30, 2022.\n \n \n \n \n Contact Gold is focused on advancing the Green Springs\nand Pony Creek gold projects in Nevada, both of which host extensive\nand robust Carlin Type gold systems.\n \n \n \n \n Drilling at Green Springs through June 30, 2022\ncontinued to generate high-grade, oxide gold mineralization over an\nincreasingly large footprint that remains open in all directions.\n Recent results from the X-Ray Zone at Green Springs highlight the\nnear-surface, oxide high-grade gold opportunity at the property (see\nnews releases dated\n \n \n \n \n August 9,\n2022\n \n \n \n \n and\n \n \n \n \n August 16,\n2022\n \n \n \n \n ).   Drill results from the\nTango Zone remain pending.\n \n \n \n \n Selected Q2 2022 financial\ndata\n \n \n \n \n Details of financial results as at and for the three-\nand six-months ended June 30, 2022 and 2021, are described in the\nunaudited condensed interim consolidated financial statements and\nrelated notes thereto (the \"Interim Financial Statements\")\nas prepared in accordance with International Financial Reporting\nStandards (\"IFRS\"), and the MD&A for the corresponding\nperiods, copies of which are available on SEDAR at\n \n \n \n \n www.sedar.com\n \n \n \n \n .\n \n \n \n \n The following selected financial data is derived from\nthe Interim Financial Statements. Unless otherwise stated, the\ninformation herein, and in the tables below, is presented in Canadian\ndollars.\n \n \n \n \n \n \n Attributable to shareholders for the period:\n \n \n \n \n \n \n June 30, 2022\n \n \n \n \n \n \n June 30, 2021\n \n \n \n \n \n \n Loss\n \n \n \n \n $\n \n \n \n \n 1,966,764\n \n \n \n \n $\n \n \n \n \n 3,640,140\n \n \n \n \n \n \n Other comprehensive loss (gain)\n \n \n \n \n $\n \n \n \n \n (494,971)\n \n \n \n \n $\n \n \n \n \n 870,868\n \n \n \n \n \n \n Comprehensive loss\n \n \n \n \n $\n \n \n \n \n 1,471,793\n \n \n ...