Contact Gold Corp. reported that it has intersected oxidegold mineralization in the first 2 drill holes from the Alpha Zone at its newly-acquired Green Springs gold project located on the southern Cortez Trend in Nevada. Results are pending for an additional four holes drilled at the Alpha Zone, and four drilled at the Echo, Beta and Charlie zones. Alpha Zone - Key Points: Contact Gold drilled six holes at the Alpha Zone to offset the gold mineralization in historic drilling; The Alpha Zone is hosted within a fault repeated section of Devonian Pilot Shale; The discovery of oxide gold mineralization at the base of the Pilot Shale is a significant proof of concept milestone in Contact Gold's exploration thesis; GS19-01 extended gold mineralization to the south of historic drilling; GS19-02 extended mineralization to the north beneath a historic hole that was lost in mineralization and confirmed oxidation has occurred at the Alpha Zone; Results demonstrate that there is potential for significant oxide gold below the past-producing areas and targets tested by previous operators, which is exciting given the discovery potential at the Echo, Charlie and Bravo zones, as well as the rest of the property; Contact Gold completed 1,300 metres in 10 drill holes at the Alpha, Echo, Charlie and Bravo zones in its first drill program at Green Springs; The Alpha Zone is located 1.5km north of the past-producing Charlie Zone. The past-producing Green Springs gold project is adjacent to Fiore Gold's Pan Mine and Gold Rock Project, and Waterton's Mount Hamilton deposit. Fiore Gold is currently drilling gold mineralization in the Pilot Shale around the Pan Mine, which is encouraging for Contact's exploration thesis of targeting the base of the Pilot Shale at Green Springs. The Green Springs property is 16 km2 encompassing two shallow past-producing open pits, four zones and numerous other targets.