Contact Gold Starts Drilling at Green Springs Gold Project
Vancouver, B.C. (October 29, 2019) – Contact Gold Corp. (the “Company” or “Contact Gold”) (TSXV: C) is pleased to report the start of the 2019 drill program at the Green Springs gold property (“Green Springs”). Drilling is underway, with one reverse circulation rig drilling at the Alpha (“A”) Zone.
Key Points:
Contact Gold’s first drill program at Green Springs
Drilling will target high grade gold in several zones, broadly spaced along a 4.5km long gold trend containing several past-producing open pits
First program to test for gold mineralization in the Pilot Shale, which hosts shallow gold mineralization in the Alpha Zone but has been insufficiently tested beneath the open pits and other gold zones
Drilling by Contact Gold will target the lower horizon Pilot Shale below areas of known gold mineralization in the Chainman Shale including:
Alpha Zone: 2017 drill highlights of 1.37 g/t Au over 38.2m
Bravo Zone: historical drill highlights of 1.59 g/t Au over 16.7m
Echo Zone: 2019 cyanide solubility assay drill highlights of 5.05 g/t Au over 39.6m
Contact Gold believes that the Pilot Shale has the potential to host high-grade Carlin-type gold mineralization at each of the 6 existing Chainman gold zones, plus 4 new target areas where the Pilot Shale/Devils Gate Limestone contact is exposed at surface.
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