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Contact Gold Reports Q2 2023 Financial and Operating Results
(TheNewswire) Vancouver, BC - TheNewswire - August 28, 2023 - Contact Gold Corp...
About this update from Commodore Metals Corp.
[{"type":"text","content":"Contact Gold Reports Q2 2023 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 \n \n \n \n \n \n \n \n \n Vancouver, BC -\n \n \n TheNewswire -\n \n \n August 28, 2023 -\n \n \n Contact Gold Corp.\n \n \n (the \"Company\" or \"Contact\nGold\")(TSXV:C\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, 2023.\n \n \n \n \n Contact Gold is focused on advancing the Green Springs\noxide gold project (\"Green Springs\") and the Pony Creek gold\nproject (\"Pony Creek\"), both of which host extensive and\nrobust Carlin Type gold systems.\n \n \n \n \n Green Springs is located on Nevada’s Cortez Trend, 7\nkm immediately east of the Gold Rock project operated by Calibre\nMining Corp. (TSX: CXB; OTCQX: CXBMF). Exploration at Green Springs is\nbeing funded through a partnership with a subsidiary of Centerra Gold\nInc. (\"Centerra\") pursuant to an earn-in arrangement (the\n\"Centerra Farm-out\").  Pony Creek is located on the\nsouthern Carlin Trend and ties on to the southern boundary of the\nfeasibility-stage South Railroad gold project operated by Orla Mining\nLtd. (TSX: OLA; NYSE: ORLA).\n \n \n \n \n Drilling at Green Springs in 2023 continues to generate\nhigh-grade, oxide gold mineralization over an increasingly large\nfootprint that remains open in all directions.  Recent results from\nthe X-Ray Zone at Green Springs highlight and reinforce the\nnear-surface opportunity at the property (see releases dated\n \n \n \n \n July 27,\n2023\n \n \n \n \n and\n \n \n \n \n August 17,\n2023\n \n \n \n \n ).\n \n \n \n \n The 2023 exploration program at Green Springs has an\napproved budget of USD 1.85 million and the Company, as project\noperator has completed 29 reverse circulation drill holes for 4,028\nmetres.  Results from the initial 12 drill holes have been published\nas of the date of this news release, with 17 pending.\n \n \n \n \n Selected Q2 2023 financial\ndata\n \n \n \n \n Details of financial results as at and for the three-\nand six-months ended June 30, 2023 and 2022, are described in the\nunaudited condensed interim consolidated financial statements and\nrelated notes thereto (the \"Interim Financial Statements\")\nas ...