Contact Gold Corp. reported results for 7 more drill holes completed at the Bravo Zone during the late 2020 drill program at the Green Springs gold property ("Green Springs"). Bravo Zone drilling was designed to confirm and expand near surface Pilot Shale hosted gold mineralization in the main Bravo Zone, as well as Chainman limestone hosted mineralization on the west side of Bravo in an area of extreme structural complication. Drill hole GS20-25 intersected well oxidized gold mineralization in the Chainman jasperoid with 10.70 g/t Au over 4.57 metres hosted within the NE oriented fault corridor. This well oxidized intercept occurs within a similar structural environment as the high-grade Echo Zone to the south, and is the highest-grade intercept ever encountered in the Bravo Zone. The Bravo Zone is located in an area of extreme structural complication at the intersection of the northern end of the north trending Green Springs Mine Trend with a major fault extending from Bravo through Alpha and beyond. An east-west striking fault also controls mineralization at Bravo as has been observed at the Echo Zone. Gold mineralization is observed at both the lower Chainman jasperoid as well as the Pilot Shale, and the Pilot/Guilmette contact at Bravo. In the 2020 Green Springs program, 5,785 metres were completed in 9 core holes and 31 reverse circulation drill holes. Green Springs is located near the southern end of the Cortez Trend of Carlin-type gold deposits in White Pine County, Nevada, adjacent to Fiore Gold's Pan Mine and Gold Rock Project and Waterton's Mount Hamilton deposit. The Green Springs property is 18.5 km2 encompassing 3 shallow past producing open pits and numerous targets that were not mined. Contact Gold's 2020 drill program stared at the Echo Zone and has progressed through the Zulu, Charlie, Alpha, Bravo, Delta and Golf Zones. Contact Gold signed a purchase option agreement with Ely Gold Royalties ("Ely Gold") to acquire an undivided 100% interest in Green Springs in July 2019. Green Springs is an early-stage exploration property and does not contain any mineral resource estimates as defined by National Instrument 43-101, Standards of Disclosure for Mineral Projects ("NI 43-101"). There has been insufficient exploration to define a mineral resource estimate at Green Springs. Additional information about Green Springs is summarized in the NI 43-101 Technical Report entitled "NI 43-101 Technical Report for the Green Springs Project, White Pine County, Nevada, USA" prepared for Contact Gold, with an effective date of June 12, 2020, and dated August 5, 2020, as prepared by John J. Read, C.P.G; an independent consultant and qualified person under NI 43-101.