A few months after securing C$2.85M in funding in a private placement that was priced at C$0.29 per share, Contact Gold (C.V) has now (finally) nailed down the terms of its raise with the two underwriters of the pre-announced prospectus offering. Contact will raise C$4M at a fixed price of […]
Contact Gold (C.V) has completed and announced the results of a rock chip and channel sampling program from new road cuts. The highlight of the announcement was a grab sample which contained 1.96 g/t gold in a silicified structure exposed in a new road cut, but other channel sampling results […]
Contact Gold (C.V) is still trying to fully figure out the gold mineralization at its Pony Creek project in Nevada, and the recently encountered gold in soil anomaly may shine a new light on the exploration plans. Approximately 600 meters west from the Pony Spur discovery, Contact Gold has now […]
Contact Gold’s (C.V) continuous exploration efforts at its Pony Creek project continue to pay off as the company has now identified an additional three high-priority large gold anomalies. The new systematic approach that’s being deployed by the company has resulted in the discovery of three new strong gold-in-soil anomalies called […]
It’s always interesting to see how companies are spending their cash positions. Some prefer to fund the golf club membership of a CEO or hand out C$30,000 annual car allowances, but companies like Contact Gold (C.V) are spending the cash where it should be spent: on the ground to aggressively […]
2018 is almost over and it wasn’t a great year for the natural resources sector. Some metals did very well, but this didn’t mean the share price of the companies moved along with the commodity price increases. Gold appears to be ending the year on a (relatively) strong note, but […]
Contact Gold (C.V) continues to find gold mineralization pretty much everywhere it looks at the Pony Creek gold project in Nevada, as its most recent exploration results continue to hit gold mineralization. 22 of the 23 holes that have been drilled on the West Zone have hit gold mineralization and […]
Contact Gold (C.V) has bought itself some time before raising money by selling the Golden Cloud and Santa Renia gold exploration properties in Nevada to Waterton Precious Metals for cash proceeds of C$635,000. This transaction does make sense as Contact is now fully focusing on the Pony Creek project where […]
Almost every single time we felt it was time for an update report on the Contact Gold’s (C.V) progress at Pony Creek, the company released more drill results from its ongoing drill program at the Pony Creek project in Nevada. That is a good problem to have, and although more […]
Contact Gold (C.V) is now halfway its planned 16,000 meter drill program, and the assay results are rolling in at full speed now. Contact has been very successful in expanding the so-called West Target, which is located approximately 1 kilometer north of the Bowl Zone (which hosts the historical resource […]
After its excellent assay results in June, Contact Gold (C.V) has released another batch of assay result for 12 holes/2,500 meters that were drilled on the Pony Creek gold project in Nevada. The company continued to intersect gold-bearing mineralization at the Bowl zone, which is the zone which hosts the […]
Contact Gold (C.V) isn’t just drilling, it’s also working on other aspects of the Pony Creek project to advance it towards development. In our initial report, we argued that although there was no historic data available on the metallurgical perspective of the historic resource, but that there was no reason […]
