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Contact Gold Returns 5.05 g/t Oxide Gold over 39.6m from Cyanide Solubility Assays at Green Springs
Vancouver, British Columbia--(Newsfile Corp. - October 2, 2019) - Contact Gold Corp. (TSXV: C...
About this update from Commodore Metals Corp.
[{"type":"text","content":"Contact Gold Returns 5.05 g/t Oxide Gold over 39.6m from Cyanide Solubility Assays at Green SpringsVancouver, British Columbia--(Newsfile Corp. - October 2, 2019) - Contact Gold Corp. (TSXV: C) (the \"Company\" or \"Contact Gold\") is pleased to report excellent cyanide solubility recoveries in reverse circulation (\"RC\") sample splits from drilling completed by Ely Gold in 2015. Assay results indicate that gold mineralization in the E and C Zones are entirely oxidized and averages between 96% - 100% gold recoveries in cyanide solubility tests compared to Fire Assay/Atomic Absorption gold values. Previous operators had not completed cyanide solubility work on these zones, but had kept gold intercepts from four 2015 drill holes in dry storage for eventual metallurgical testing. The Green Springs gold project is located in White Pine County, Nevada, and is surrounded by several other significant Carlin Type gold deposits, including Fiore Gold's Pan Mine and Gold Rock Project, Waterton's Mount Hamilton, and is south of Kinross' Vantage complex.Contact Gold Cyanide Solubility Assay Highlights - Green Springs:5.05 g/t Au over 39.6 m from 65.5 m in hole GS15-06 (E Zone)Including 9.01 g/t Au over 16.7 m from 71.6 m1.48 g/t Au over 24.3 m from 42.6 m in hole GS15-09 (E Zone)Including 2.17 g/t Au over 13.7 m from 45.7 m0.89 g/t Au over 35.0 m from 47.2 m in hole GS15-03 (C Zone)Including 1.48 g/t Au over 7.6 m from 74.7 m1.19 g/t Au over 33.5 m from 38.1 m in hole GS15-02 (C Zone)Including 1.8 g/t Au over 15.2 m from 47.2 m\"We are very excited with these new results from Green Springs, which demonstrate for the first time the oxidized nature of the high-grade gold mineralization at the E and C Zones.\" said Matt Lennox-King, President & CEO of Contact Gold. \"The E Zone grades are exceptional and reinforce the potential for high-grade oxide, Carlin Type gold at Green Springs. This mineralization at the E and C Zones is hosted within the silicified/brecciated contact between the Chainman Formation and Joanna Limestone, but I am particularly excited about the gold potential at the Pilot Shale-Devil's Gate Limestone contact. We know that the A Zone is hosted in this horizon, but it remains poorly tested beneath the C, D, and E zones as well as elsewhere on the project, creating several compelling drill targets. Along with the extensiv...