Tag: #PonyCreek

Contact Gold goes back to the Bowl Zone to hit higher-grade gold

Contact Gold goes back to the Bowl Zone to hit higher-grade gold

After a successful exploration campaign in 2018 wherein Contact Gold (C.V) confirmed the widespread presence of gold mineralization on its greater Pony Creek area (with very thick intervals such as 93 meters at 0.33 g/t gold), the company decided to go back to the main Bowl Zone which hosts the […]

Contact Gold discovers 116,000 square meter soil anomaly

Contact Gold discovers 116,000 square meter soil anomaly

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 raises C$635,000 through a property sale

Contact Gold raises C$635,000 through a property sale

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 […]

Contact Gold: a gold discovery at the West target

Contact Gold: a gold discovery at the West target

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 […]

District Setting - Pony Creek, North Star and Dixie Flats

Contact Gold reports 85-90% recovery rates at its Bowl Zone

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 […]

Saturday Read: Contact Gold: An Opportunity?

Saturday Read: Contact Gold: An Opportunity?

Sometimes the market needs some time to fully appreciate the true value of a company and its assets. Despite having attracted Goldcorp (GG, G.TO) as strategic investor, Contact Gold’s (C.V) Initial Public Offering seemed to have been flying under the radar. And that’s a pity as this fully cashed-up exploration […]

Contact Gold has started the Pony Creek drill program

Contact Gold has started the Pony Creek drill program

Contact Gold (C.V) is one of the newest gold exploration companies on the Venture Exchange after completing its IPO in June, raising C$18.5M in cash at C$1 per share. Goldcorp (G.TO, GG) was the biggest participant in that raise and is now the company’s second largest shareholder after Waterton (the […]