Business
Contango ORE Announces First Gold Pour at Manh Choh on July 8, 2024
FAIRBANKS, Alaska / Jun 25, 2024 / Business Wire / Contango ORE, Inc. (“Contango” or the “Company”) (NYSE American: CTGO) is pleased to announce that the first
About this update from Contango Silver & Gold Inc.
[{"type":"text","content":"FAIRBANKS, Alaska / Jun 25, 2024 / Business Wire / Contango ORE, Inc. (“Contango” or the “Company”) (NYSE American: CTGO) is pleased to announce that the first gold pour for the Manh Choh mine will take place at the Fort Knox mill facility on July 8, 2024. Rick Van Nieuwenhuyse, CEO and President for Contango commented: “This is indeed a grand milestone event for the Company and its shareholders. Since its discovery, the Manh Choh project has stood out as a very high-quality deposit with exceptional grade for an open pit gold mine. Upon forming the Peak Gold joint venture with Kinross in September 2020, a feasibility study was completed that demonstrated the viability of the Manh Choh project, followed by Peak Gold successfully permitting the project and completing construction of the mine. Mining operations commenced in August of 2023 and ore hauling started in November 2023, leading to a sizeable stockpile of ore at Fort Knox ready to be processed through the mill. We look forward to sharing video coverage of our first gold pour on July 8th. I hope you will join us virtually to celebrate this accomplishment.” ABOUT CONTANGO Contango is a NYSE American listed company that engages in exploration for gold and associated minerals in Alaska. Contango holds a 30% interest in the Peak Gold JV, which leases approximately 675,000 acres of land for exploration and development on the Manh Choh project, with the remaining 70% owned by KG Mining (Alaska), Inc., an indirect subsidiary of Kinross, operator of the Peak Gold JV. The Company also has a lease on the Lucky Shot project from the underlying owner, Alaska Hardrock Inc. and through its subsidiary has 100% ownership of approximately 8,600 acres of peripheral State of Alaska mining claims. Contango also owns a 100% interest in an additional approximately 145,000 acres of State of Alaska mining claims through its wholly owned subsidiary, which gives Contango the exclusive right to explore and develop minerals on these lands. Additional information can be found on our web page at www.contangoore.com. FORWARD-LOOKING STATEMENTS This press release contains forward-looking statements regarding Contango that are intended to be covered by the safe harbor for “forward-looking statements” provided by the Private Securities Litigation Reform Act of 1995, based on Contango’s current expectations ...