Green Springs Gold Project X-Ray Zone Drills Demonstrate Excellent Grades

VANCOUVER - Contact Gold Corp. reported on first drill holes from the 2022 step-out drill program at the Green Springs oxide gold project.  Results for the remaining 20 holes are pending. The X-Ray Zone Highlights are: 1.66 g/t Au over 28.96 meters, from a depth of 9.14 meters, in drill hole GS22-01, including: 2.66 g/t Au over 15.24 meters; and 0.82 g/t Au over 35.05 meters, from a depth of 9.14 meters, in drill hole GS22-02, including 1.32 g/t Au over 16.76 meters

These initial results are from the X-Ray Zone, and extend mineralization to the SE, NE, and NW from the 2021 discovery holes.  The recently discovered zone, one of several areas of interest across the property, remains wide open for expansion, especially to the north, south and west.

Gold mineralization at X-Ray is hosted at the lower Pilot Shale contact with the underlying Guilmette limestone.  X-Ray is near-surface, well oxidized, with exceptional grades and thicknesses.  

“We are extremely pleased with these exceptional step-out holes at our high-grade X-Ray discovery.  These three drill holes increase the drilled footprint at X-Ray, while demonstrating the same excellent grades, thicknesses and oxidation seen in last year’s discovery holes.” said Vance Spalding, VP Exploration at Contact Gold.  “The X-Ray Zone remains unconstrained by drilling to the east, south and west and is wide open for growth.  There are wide expanses of undrilled Pilot Shale in all the open directions at X-Ray”.