Contact Gold Corp. announced the third batch of drill results from the 2023 exploration program at the Green Springs gold project located on the prolific Cortez Trend in northeastern Nevada. X-Ray Zone highlights in this release: 0.86 g/t Au over 35.05 metres, from a depth of 77.72 metres, in drill hole GS23-13 - oxide - Including: 1.22 g/t Au over 18.29 metres ­- oxide; 0.80 g/t Au over 48.77 metres, from a depth of 64.01 metres, in drill hole GS23-14 ­ mixed - Including: 1.91 g/t Au over 15.24 metres ­- oxide; and 0.57 g/t Au over 18.29 metres, from a depth of 36.58 metres, in drill hole GS23-17 - oxide - Including: 1.30 g/t Au over 3.05 metres ­- oxide. Drill holes GS23-13 and GS23-14 were drilled from the new drill pad located 100 metres to the south of the X-Ray discovery zone, with GS23-17 drilled from a location 150 metres to the southwest. The X-Ray zone remains wide open for expansion, especially to the south, west and northeast. Gold mineralization at the X-Ray Zone is characterized by strong grades, oxidation, and continuity, and is hosted
at the lower Pilot Shale contact with the underlying Guilmette limestone, as well as along a thrust fault within the Pilot Shale. The Pilot Shale is an important regional host unit in eastern Nevada and is host to the Pan Mine and Alligator Ridge among others. 2023 Drilling has highlighted the high degree of structural complexity in the north of Green Springs, a key for fluid pathways and formation of gold deposits. The 2023 drill program wrapped up at the Tango Zone, which was also discovered by Contact Gold during the 2021 drill program, focusing on step-out holes to the north and west of the discovery zone. The 2023 program was carried out as part of a $10 million earn-in at Green Springs by a wholly-owned subsidiary of Centerra Gold Inc. Contact Gold is the project operator at Green Springs. A total of 4,028 metres of RC drilling in 29 drill holes were completed in this year's program.