Contact Gold (C.V; CGOLF.OTC) controls not one, but two projects located on the southern ends of prolific Nevada gold trends.

With near-surface gold identified at both, Contact Gold appears to hold a winning pair of aces as the Nevada M&A market heats up.

Dear Fellow Investor,

In stud poker, your hand is off to a good start if you get dealt a pair of aces for your hole cards.

And in mining exploration, you’re doing well if a company has not one, but two flagship projects.

That’s exactly what you get when you invest in Contact Gold (C.V; CGOLF.OTC), a junior gold explorer with two projects, each one located on the southern end of a prolific Nevada gold trend.

As you’re about to see, both projects offer strong evidence of the kind of near-surface, oxide gold that gets mined in Nevada.

Better still, more drilling is set to start in early 2022 that could build out two key discoveries made on its Green Springs project in 2021.

The market cap value of Contact Gold is currently only C$13.5 million, leaving plenty of room for the share price to re-rate on the back of further discovery success at Green Springs or news on its Pony Creek project.

Further, with the mergers and acquisition (“M&A”) market heating up in Nevada, success exploring either Green Springs or Pony Creek could set Contact Gold up for a profitable take-out.

2021 Brings Two Key Discoveries At Green Springs

Green Springs is located at the southern end of the Cortez Trend (which, along with the Carlin Trend, has made Nevada one of the world’s largest gold-producing regions).

As you can see from the map below, Green Springs lies just south and east of Fiore Gold’s Pan Mine and Gold Rock deposit.

Better still, Contact’s project sits atop the very same layers of rock that host the gold in those neighboring deposits. The Green Springs project features the three-kilometer-long Mine Trend, where oxide gold appears open at depth and along strike to the south.

Adding to that trend’s allure were two important discoveries made to the northeast of the Mine Trend in 2021.

Dubbed Tango and X-Ray, these targets both generated good widths of mineable-grade, oxide gold (13.7 meters of 1.01 g/t at Tango and 39.6 meters of 1.28 g/t at X-Ray).

That’s exactly the kind of near-surface mineralization that perks up the ears of potential takeout suitors.

For context, the nearby Pan Mine is host to a proven and probable mineral reserve of approximately 290,000 oz. of gold at an average grade of 0.42 g/t, and a further 427,000 oz of measured and indicated gold resources at an average grade of 0.47 g/t.

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New Drilling Starting Soon

And Contact Gold isn’t content to rest on its laurels with these discoveries.

It has just raised C$3 million to do follow-up drilling on the Tango and X-Ray early in 2022.

Green Springs has multiple untested targets for testing later in the year, including the Whiskey and Foxtrot targets to the east and 1.5 km of potential extensions to the south of the Mine Trend.

With oxide gold already proven at Green Springs, this additional drilling has the potential to produce market-moving assays, just as the broader gold market begins to catch fire.

Plus: A Second Nevada Project Along A Major Gold Trend

Green Springs is exciting enough to make Contact Gold a top-tier Nevada exploration play.

But the company offers much, much more with its Pony Creek project — where it’s exploring a Carlin-type system in the midst of the legendary Carlin trend.

Pony Creek sits south of Nevada Gold Mines’ Emigrant and Rain mines and due south of Gold Standard Ventures’ feasibility-stage Railroad project.

Pony Creek certainly hasn’t lacked for near-surface gold: Of the 117 holes drilled at the project, fully 108 have hit significant gold mineralization.

Contact Gold has had consistent success at Pony Creek, with drilling targeted at three distinct oxidized gold corridors — the Bowl, Appaloosa and the Stallion zones. All zones are open for expansion in most directions.

The proximity of Pony Creek to Gold Standard Ventures’ Railroad project and the similarity in geology and gold grade make Pony Creek a natural fit for project consolidation.

Contact Gold’s market value appears to be almost entirely based on Green Springs, meaning that shareholders get Pony Creek for free.

It is unlikely that this management team will allow Pony Creek to remain dormant through 2022.

While Contact’s focus has been on Green Springs over the past couple of years, it has been hard at work behind the scenes, overseeing the completion of technical studies and prepping Pony Creek for more work.

Like Green Springs, Pony Creek is fully permitted for more drilling, so don’t be surprised if this project starts making headlines in 2022 as well.

Recent M&A Activity Points To Potentially Profitable Exit

The drilling program at Green Springs will provide eagerly awaited news in the days just ahead and for months to come.

Should more good widths of oxide gold coincide with an ebullient gold market, that news alone could send Contact’s valuation far higher. News on Pony Creek could provide a further catalyst for the company to re-rate.

But the other big wrinkle is the recent M&A activity in the Green Springs area.

You see, Fiore and its Pan mine and Gold Rock deposit recently received a C$180 million bid from Calibre Mining…and the relatively nearby Ruby Hill mine got scooped up by i-80 Gold.

These deals make it clear that projects that prove to host significant amounts of mineable-grade, oxide gold will eventually get bought in the current environment.

With follow-on drilling at Green Springs’ Tango and X-Ray targets due to start soon, Contact Gold won’t lack for chances to prove up value on the project.

Combined with that “second ace” in Pony Creek, Contact Gold makes for a compelling bet on a rising gold market.*

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To Learn More about Contact Gold

* Contact Gold plans to have an active marketing campaign in 2022, including webinars and an increased social media presence. Follow them on twitter