Expanded Plan Of Operations Permit Approval For Green Springs Gold Project

Expanded Plan Of Operations Permit Approval For Green Springs Gold Project

VANCOUVER – Contact Gold Corp. reported the receipt of a key permit amendment for the Green Springs gold project, which will allow the Company to ramp up drilling across additional areas of the property that were not covered under the original Plan of Operations. The 2023 program was carried out as part of a four year earn-in at Green Springs by a wholly-owned subsidiary of Centerra Gold Inc. Contact Gold is the project operator at Green Springs.  

The Record of Decision from the U.S. Forest Service Humboldt-Toiyabe National Forest on the expanded Plan of Operations (the “Supplement”) will allow Contact Gold to drill additional high priority drill targets developed by the Company that lie outside the boundary of the original Plan of Operations. The key drill targets that can now be drilled include the large-scale Whiskey and Foxtrot targets in the east of the Green Springs property, as well as the southern extension of the Green Springs Mine Trend, south of the high-grade Echo Zone.

The Supplement supports exploration activities including drill pad and road construction of up to 150 acres within an expanded project area of 3,333 acres. This is a substantial increase from 75 acres of permitted exploration disturbance within the 801-acre project area under the original Plan of Operations.

“The approval of the expanded Plan of Operations will allow the Contact Gold team to continue implementing our exploration strategy across Green Springs. Since 2019 we’ve made key gold discoveries at X-Ray and Tango and look forward to replicating that success in the newly permitted areas,” commented Matthew Lennox-King, President & CEO. “The 2023 drill program at Green Springs returned excellent results, especially at the high grade X-Ray Zone, with thick intercepts of high grade oxide gold, and an increase in strike length to over 200 metres. The team is busy planning the 2024 program to build on this year’s success.”