Contact Gold Corp. provided the final drill results from the 2023 exploration program at the Green Springs gold project located on the prolific Cortez Trend in northeastern Nevada. The 2023 results at Green Springs were outstanding.

The team consistently drilled high-grade intersections of well-oxidized, near surface gold mineralization at X-Ray, which rank among the top drill holes out of Nevada this year. 2023 Green Springs Program Milestones & Highlights: Completed 4,028 metres in 29 drill holes covering the Echo, C-D Gap, Alpha, X-Ray, and Tango Zones. Intersected intervals of oxidized gold mineralization at the Echo, Alpha, Tango and X-Ray Zones.

Over 7,896 hours worked with Zero Lost Time Incidents. received a Record of Decision and Finding of No Significant Impact from the US Forest Service, expanding the Plan of Operations from 75 Acres to 150 Acres. Completed 11-line kilometres of CSAMT (geophysics) across the southern end of the property.

Continued to develop and refine additional high potential drill targets at Whiskey, Foxtrot, Zulu, and the southern Mine Trend through geophysics, mapping, and rock & soil sampling. The 2023 program was completed under Year 1 of the Centerra Earn In, a four year USD 10 million earn-in with a wholly-owned subsidiary of Centerra Gold Inc. ("Centerra"). Contact Gold is the project operator and remains the 100% owner of Green Springs until the completion of all Earn In requirements.

X-Ray Zone: Drilling at the X-Ray Zone significantly expanded the footprint of the zone, which remains open to the south, west and northeast. 1.14 g/t Au over 27.43 metres, from a depth of 16.76 metres, in drill hole GS23-06 - oxide. Including: 1.73 g/t Au over 10.67 metres - oxide.

Green Springs is an early-stage exploration property and does not contain any mineral resource estimates as defined by NI 43-101. There has been insufficient exploration to define a mineral resource estimate at Green Springs.