Contango Silver & Gold Inc. · AMEX:CTGO
Contango Silver & Gold — Investor Presentation (April 2026)
32 slides from Contango Silver & Gold's investor presentation, Apr 10, 2026
Slide 1: Corporate Presentation April 2026
NYSE-A/TSX: CTGO CORPORATE PRESENATION a CONTANGO SILVER AND GOLD APRIL 2026 WWW.CONTANGO.COM
Slide 2: Disclaimer: Forward-Looking Statements and Information
DISCLAIMER FORWARD-LOOKING STATEMENTS AND INFORMATION This presentation contains "forward-looking statements" within the meaning of applicable United States securities legislation (collectively referred to as "forward-looking information" ("FLI")), and readers should read the cautionary notes relate
Slide 3: Exceptional Assets, Proven Growth
NYSE - A | TSX js C (@) N | A N (iy (@) INDEX RUSSELL INDEX INDEX a CTGO SILVER AND Glia GDXJ 2000° SIL SILJ EXCEPTIONAL ASSETS PROVEN GROWTH HIGH QUALITY ASSETS IN TIER-1 JURISDICTIONS: STRATEGIC PRODUCTION DISTRICT-SCALE DISCOVERY. LONG-TERM VALUE. MANH CHOH JOHNSON TRACT LUCKY SHOT KITSAULT MINE
Slide 4: Company at a glance
TOTAL RESOURCES ~2 Moz Au Gold ~65 Moz Ag Silver $600M MARKET CAP $100M CASH ON HAND $100M+ 2025 FREE CASH FLOW NYSE / TSX DUAL LISTED Fairbanks AK HEADQUARTERS NORTH AMERICAN SILVER & GOLD PRODUCER
Slide 5: Complementary High-Grade Asset Portfolio
Gold Contango Resources & Grade Asset Diversification, Increased Scale and Significant Exposure to Gold and Silver in Neighbouring Tier I Jurisdictions M&I Inferred COMPLEMENTARY HIGH-GRADE ASSET PORTFOLIO M&I Inferred Silver Contango 1.9 Moz 65.3 Moz Effective date of December 31, 2024 – refer to C
Slide 6: Contango's Five Year Development Pipeline
CONTANGO’S FIVE YEAR DEVELOPMENT PIPELINE +3X GROWTH PROFILE 2024 2 – 3 Yrs 42,000 GEO First gold pour from Manh Choh: +42,000 GEO produced in 2024 100,000 GEO Manh Choh 60,000oz annual production Definition resource drilling at Lucky Shot Road and portal development at Johnson Tract Lucky Shot on
Slide 7: Cash Flow Funded Growth Engine
2026 2027 2028 2029+ CASH FLOW FUNDED GROWTH ENGINE Catalyst Rich Portfolio of Advanced Exploration-Stage Assets Supported by Cash Flows from Manh Choh Production Go-Forward Development Timeline 40,000m drill program + baseline env. Advance PEA / IA + initiate permitting Target PEA / IA Study Camp u
Slide 8: Strong Capital Markets Profile
STRONG CAPITAL MARKETS PROFILE Approximate amounts reported as of April 9, 2026, 2026; Cash estimated as of March 26, 2026 On a fully diluted; Outstanding shares includes exchangeable shares and 850,000 non-voting pre-funded warrants CTGO convertible debt (convertible into 655,738 shares at US$30.50
Slide 9: Leadership Team
LEADERSHIP TEAM Rick Van Nieuwenhuyse CEO & Director 40+ years of experience in the mining industry. He previously served as President and CEO of Trilogy Metals and founded NOVAGOLD where he served as President and CEO. Shawn Khunkhun President & Director 20+ years of experience in capital markets a
Slide 10: Company Portfolio Overview
rN CONTANGO SILVER AND GOLD COMPANY PORTFOLIO OVERVIEW NYSE-A: CTGO WWW.CONTANGO.COM
Slide 11: Precious Metals Focused Portfolio Executing on Direct Ship Ore Model
PRECIOUS METALS FOCUSED PORTFOLIO EXECUTING ON OUR DIRECT SHIP ORE MODEL (DSO) FORT KNOX MILL (Kinross) 1. Reserve and Resource Table can be found in the Appendix 2. GEO = Gold Equivalent Ounces 3. See news release dated March 16, 2026 “Contango Announces 2025 Year End Financials and Provides 2026 a
Slide 12: What Is the Direct Shipping Ore (DSO) Approach?
WHAT IS THE DIRECT SHIPPING ORE (DSO) APPROACH? Drill & Muck at Mine Site Load & Weigh at Mine Site Transport via Rail/Road/Barge Ore mined underground Loaded into covered/sealed containers at the mine site Small environmental footprint Containers loaded and weighed at mine site Ore containers loade
Slide 13: DSO Criteria and Success of DSO Approach
DSO CRITERIA High-grade resources Gold, Silver, Copper focus Near Infrastructure Road Rail Water Simple permitting from a mining perspective Private and State lands Minimal water and wetlands impact Simple mining/processing 2020/2021 2022 2023 2024 JV with Kinross, Community Outreach, PFS/FS, permit
Slide 14: Year End 2025 Results & LOM Guidance
YEAR END 2025 RESULTS & LOM GUIDANCE 60,200 oz of gold equivalent produced 57,315 oz of silver produced $102 million cash distribution to Contango AISC = $1,616 per oz sold Manh Choh to Fort Knox 240 mi Kinross is operator (70% owner) On schedule and on budget State and Federal permits received wi
Slide 15: Precious Metals Focused Portfolio (Manh Choh)
PRECIOUS METALS FOCUSED PORTFOLIO EXECUTING ON OUR DIRECT SHIP ORE MODEL (DSO) FORT KNOX MILL (Kinross) ANCHORAGE 1. Reserve and Resource Table can be found in the Appendix 2. GEO = Gold Equivalent Ounces 3. See news release dated March 16, 2026 “Contango Announces 2025 Year End Financials and Provi
Slide 16: Lucky Shot
Historically producing district: 250,000 ozs averaging 40 g/t Au Mesothermal quartz vein with free gold +1 mi (1.6 km) strike length Contango controls entire district Underground is fully refurbished with new development constructed in 2023 Identify potential processing facilities LUCKY SHOT Coleman
Slide 17: Lucky Shot Feasibility Underway
LUCKY SHOT FEASIBILITY UNDERWAY Planned 18,000m in-fill and expansion drill program for resource definition OBJECTIVES: Define high-grade “ore shoots” Delineate 400,000 to 500,000 GEO measured and indicated resource Collect data for detailed feasibility-level mine and transportation plan $50 million
Slide 18: High Grade KM Vein Discovery
High Grade KM Vein 5.92m @ 60.24 g/t Au 0.31m @ 99.75 g/t Au 1.5m @ 59 g/t Au Close-in opportunity to define ~50,000 Oz Au in a 100m x 100m area directly below the West Drift extension. VG and Ga KW Vn projection 100m W. Drift Extension (Proposed) W. Drift Enserch Drift 2070E (Planned) 2300E (Planne
Slide 19: Precious Metals Focused Portfolio (Johnson Tract)
PRECIOUS METALS FOCUSED PORTFOLIO EXECUTING ON OUR DIRECT SHIP ORE MODEL (DSO) FORT KNOX MILL (Kinross) ANCHORAGE 1. Reserve and Resource Table can be found in the Appendix 2. GEO = Gold Equivalent Ounces 3. See news release dated March 16, 2026 “Contango Announces 2025 Year End Financials and Provi
Slide 20: Johnson Tract
JOHNSON TRACT PRIVATE SURFACE RIGHTS (CIRI OWNERSHIP) WIDE FLAT VALLEY WITH MINIMAL WETLANDS JOHNSON TRACT Valley is well suited for infrastructure 50-man camp 290 DDH: +83,000m drilled 404 Wetlands permit issued for Road to Portal site in August 2024 Federal permitting under FAST 41 PERMITTING/DEVE
Slide 21: Johnson Tract Attractive Attributes for Underground Mining
JOHNSON TRACT ATTRACTIVE ATTRIBUTES FOR UNDERGROUND MINING ROBUST GRADES AND 40m TRUE WIDTHS JOHNSON TRACT DEPOSIT PROPOSED JT TUNNEL
Slide 22: Johnson Tract Initial Assessment
JOHNSON TRACT INITIAL ASSESSMENT ROBUST ECONOMICS WITH 1 YEAR PAYBACK JOHNSON TRACT INITIAL ASSESSMENT1 Pre-Tax net present value discounted at 5% (NPV5) of USD $359.0 million Pre-Tax Internal Rate of Return (IRR) of 37.4% Post-Tax NPV5 of USD $615.4 million with a post-tax IRR of +60% at $4,000 7-y
Slide 23: Precious Metals Focused Portfolio (Kitsault)
PRECIOUS METALS FOCUSED PORTFOLIO EXECUTING ON OUR DIRECT SHIP ORE MODEL (DSO) FORT KNOX MILL (Kinross) ANCHORAGE 1. Reserve and Resource Table can be found in the Appendix 2. GEO = Gold Equivalent Ounces 3. See news release dated March 16, 2026 “Contango Announces 2025 Year End Financials and Provi
Slide 24: Cornerstone in the Golden Triangle, BC
CORNERSTONE IN THE GOLDEN TRIANGLE, BC KITSAULT VALLEY PREMIERE MINING DISTRICT Richest 20km on the planet for gold and silver, from Seabridge's KSM to Newmont's Brucejack 150M ounces of Gold 1.2B ounces of Silver Discovered in just the past 3 decades *All dollar values expressed in USD THE OPPORTUN
Slide 25: Kitsault Valley Project Highlights
KITSAULT VALLEY PROJECT HIGHLIGHTS 163 Km2 Land Position ~65 M oz silver and ~1 Moz gold resources defined Avg ~ 300 g/t Ag New Mineral Resource Estimate due in Q2 2026 FIVE MAIN DEPOSITS: Homestake Ridge Homestake Silver Wolf Dolly Varden Mine Torbrit 2026 PROGRAM New Mineral Resource Estimate due
Slide 26: The Contango Value Proposition
The Contango Value Proposition: High Margin, High Torque, Proven Results Creating a North American Mid-Tier Precious Metals Company 25 Tier 1 Low-Risk Jurisdictions Tier 1 Alaska & British Columbia operations minimize geopolitical risk while ensuring streamlined permitting (FAST-41) Self-Funded Grow
Slide 27: Contact Information
26 info@contangoore.com +1-907-888-4273 www.contango.com Twitter: @orecontango LinkedIn: Contango ORE Instagram: ContangoORE Facebook: Contango ORE CORPORATE INQUIRIES NYSE-A / TSX: CTGO
Slide 28: Non-GAAP Reconciliation Disclaimer
NON-GAAP RECONCILIATION DISCLAIMER This presentation contains forward looking estimates of all-in sustaining cost (“AISC”), resources, free cash flow and EBITDA, which are financial measures not determined in accordance with United States generally accepted accounting principles (“GAAP”). We cannot
Slide 29: Building Our ESG Framework
BUILDING OUR ESG FRAMEWORK DEVELOPING OUR STRATEGY AROUND OUR BUSINESS MODEL AND CORE VALUES BUILT ON OUR FUNDAMENTAL DSO CRITERIA High-grade resources Gold, Silver, Copper focus Near Infrastructure Road Rail Water Simple permitting from a mining perspective Minimal water and wetlands impact Simple
Slide 30: Contango's Reserves and Resources (continued)
CONTANGO’S RESERVES AND RESOURCES CONTINUED ON NEXT PAGE Notes: Manh Choh Reserves 1 - Published from Contango 10K. Reserves Current as of 31DEC25 2 -The definitions for mineral reserves in S-K 1300 were followed for mineral reserves. 3 - Mineral reserves were estimated at long term prices of $2,000
Slide 31: Contango's Reserves and Resources
CONTANGO’S RESERVES AND RESOURCES Notes: Lucky Shot Resources 1. Mineral Resources were estimated as of 26 MAY 23 under definitions for Mineral Resources in S-K1300. See TRS Lucky shot Project Alaska, USA. 2. Mineral resources are estimated using long term prices of US$1,600/oz Au price. 3. Mineral
Slide 32: Contango's Early-Stage Exploration Portfolio
CONTANGO’S EARLY-STAGE EXPLORATION PORTFOLIO ALL ALONG THE ALASKAN ROAD SYSTEM EAGLE, NW OF MANH CHOH ALASKA HONA, NW OF MANH CHOH ALASKA TRIPLE Z, E OF MANH CHOH ALASKA SHAMROCK, ALASKA (RICHARDSON DISTRICT) AMANITA, ALASKA (FAIRBANKS DISTRICT) GOLDEN ZONE, CENTRAL ALASKA 64,900 acres of State of A
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