Contango Silver & Gold Inc. · AMEX:CTGO
Contango Silver & Gold — Contango ORE — Non-Deal Roadshow (February 2013)
25 slides from Contango Silver & Gold's roadshow presentation, Feb 26, 2013
Slide 1: Contango ORE Inc. Corporate Overview
CONTANGO ORE INC. Corporate Overview February 2013
Slide 2: Incorporation of Documents by Reference; Forward Looking Statements
INCORPORATION OF DOCUMENTS BY REFERENCE The following documents we filed with the SEC pursuant to the Securities Exchange Act of 1934 are incorporated herein by reference: • our Annual Report on Form 10-K for the fiscal year ended June 30, 2012; • our Quarterly Report on Form 10-Q for the quarterly
Slide 3: The Contango ORE Team
The Contango ORE Team Mr. Juneau was elected President and CEO in August 2012. He is the founder and originator of the Company’s Brad Juneau exploration activities in Alaska and is the sole manager of Juneau Exploration, L.P. Previously, Mr. Juneau President, CEO and Founder served as SVP of explora
Slide 4: Tetlin Project Highlights
Tetlin Project Highlights Peak Zone – A New Discovery and a New Gold Deposit Model 2012 drilling program discovered new mineralization, the Peak Zone Multiple drill intercepts with gold in excess of 10 grams per tonne (gpt) over +3 meters, best intercepts in excess of 10 gpt over 60 meters Gol
Slide 5: Company Accomplishments to Date
Company Accomplishments to Date September 2010: Contango ORE, Inc., a Houston-based company, was formed as a Delaware corporation 2013: Budgeted to spend $9 - $13 MM to November 2010: Contango Mining drill up to 85 holes Company assigned properties to Contango (67,000 feet) and Oil & Gas; Contango O
Slide 6: Project Highlights
Project Highlights Tintina Gold Belt Prospects Infrared Map of Gold Deposits Large, unexplored acreage position: 676,200 acres of fee simple land leased from the Tetlin Village Triple Z 50,429 acres of state mining claims held 100% by CORE Approximately Tintina Tetlin Gold 541,000 acres (74%
Slide 7: Producing and Identified Gold Projects
Producing and Identified Gold Projects Livengood (Est) 560 Moz per year Fort Knox (1996) 350 Moz per year Pogo Mine (2006) 390 Moz per year Donlin Creek (Est) 1,100 Moz per year Note: Dates of first production listed. Source: Public filings. 6
Slide 8: Tetlin Project Infrastructure
Tetlin Project Infrastructure Fee-simple lands owned 100% by Tetlin Village Access and infrastructure Road access to Tetlin Village via all-season 20 mile gravel road from Alaska Highway east Peak Zone of Tok (Tetlin Road) Buried power line follows road to village Nearest electrical power
Slide 9: Data Coverage
Data Coverage ~4,000 line kilometers of Dighem airborne magnetics and electromagnetics completed by Fugro Airborne Surveys in 2011 One large and four small soil auger grids completed, limited stream sediment and pan concentrate geochemical sampling outside these grids Core drilling completed o
Slide 10: Tetlin Project – In the Tintina Gold and Porphyry Copper Belts
Tetlin Project – In the Tintina Gold and Porphry Copper Belts Au-Ag, Cu-Au Peak Zone Au-Ag, Cu-Au, Pb-Zn±Cu±Ag±Au Peak Zone Pb-Zn±Cu±Ag±Au Pb-Zn±Cu±Ag±Au Ni-Cu-PGE 9
Slide 11: Peak Zone: New Discovery
Peak Zone: New Discovery Peak Zone Looking NW Holes 1216 to 1219 were targeted as low-level Au-Cu soil anomaly with narrow IP conductor Drilling intercepted significant gold and copper grades over a 30 meter wide zone that traced 500 meters 2012 Resource Area (518 m) NW-SE and over 200 meters do
Slide 12: Significant Concentrations of Gold in Peak Zone Drilling
Significant Concentrations of Gold in Peak Zone Drilling Hole # From_mt To_mt Intl_mt Au_gpt Au_opt Ag_gpt Cu_pct Gm X Mt TET1216 20.0 45.7 25.7 7.832 0.228 23.5 0.061 201.7 TET1216 53.3 60.0 6.7 3.499 0.102 15.8 0.535 23.4 TET1216 64.6 78.3 13.7 2.766 0.081 1.4 0.053 37.9 TET1216 81.4 114.0 32.6 3.
Slide 13: TET1218 Multi–Element Plot
TET1218 Multi–Element Plot Average Average Thickness Au Grade Gram- Deposit (mt) (gpt) meters Fort Knox 10 1 7 Pogo 8 15 120 Donlin 12 3 30 Dolphin 10 1 6 Peak Zone 23 4 253 12
Slide 14: Peak Zone Drill Results Correlated with IP Resistivity
Peak Zone Drill Results Correlated with IP Resistivity 49.1 meters 11.218 gpt Au 25.8 meters 7.832 gpt Au 36.3 meters 2.589 gpt Au 15.8 meters 2.070 gpt Au 32.6 meters 3.735 gpt Au 17.3 meters 21.766 gpt Au 58.5 meters 14.452 gpt Au 48.8 meters 14.717 gpt Au 13
Slide 15: Mineralized Solids and Drill Holes
Mineralized Solids and Drill Holes: Isometric View Looking NE at Peak Zone Note: Data from Giroux, 2013. 14
Slide 16: Chief Danny Magnetics and Conductivity
Chief Danny Magnetics and Conductivity Pink equals high magnetics times conductivity Blue / Green equals low magnetics times conductivity 1 2 3 5 0 Miles 2 4 Highest gold associated with magnetic and conductive rock Note: Data from Zonge International, 2013. 15
Slide 17: Tetlin Hills Magnetics and Conductivity
Tetlin Hills Magnetics and Conductivity 15 other high-conductivity targets to be tested on CORE acreage Geochem Zone Acres Confirmation? Drilled? Peak 60 1 60 No 2 40 No 3 80 No 4 80 No 5 100 No 6 40 No No 7 100 No No 8 50 No No 9 120 No No 10 40 No No 11 80 No No 12 80 No No 13 160
Slide 18: Additional Tetlin Exploration Leads
Additional Tetlin Exploration Leads Nearly a dozen gold and gold-copper occurrences identified since 2009, select examples set forth below: MM – multiple mag-cond high, anomalous geochem $1,325,000 - $2,625,000 2013 budgeted capex Chisana – multiple mag-cond highs, visible gold in pans $87
Slide 19: Proposed 2013 Budget
Proposed 2013 Budget Approximate Approximate Base Upside Lead Feet Holes Budget ($M) Budget ($M) Notes Peak Zone 20,000 20 - 30 $2,262 $2,963 Complete initial resource estimate, environmental baseline work Chief Danny Zone (other) 15,000 15 - 20 1,500 2,187 Target mag-conductivity-geochemical anomal
Slide 20: Tetlin 2013 Objectives
Tetlin 2013 Objectives Drill most prolific gold-copper zones based on airborne and ground geophysical data with intent of establishing commerciality Continue exploration and expansion drilling at Peak Zone and broader Chief Danny areas Fly additional magnetics and resistivity surveys over Tetl
Slide 21: Appendix
Appendix 20
Slide 22: Balance Sheet
Balance Sheet 2012 December 31 September 30 Assets Cash $1,534,849 $3,169,994 Prepaid expenses 90,228 28,441 Total current assets 1,625,077 3,198,435 Property, Plant and Equipment Mineral properties 1,208,886 1,008,886 Accumulated depreciation, depletion and amortization — — Total property, plant an
Slide 23: Tetlin Mineral Lease
Tetlin Mineral Lease Tetlin Village owns 100% fee simple interest in all surface and mineral estates including oil, gas, coal, metals, sand, gravel and timber Tetlin Village is a sovereign government and is not part of the 13 Alaska regional Native corporations Limited State and Federal agency
Slide 24: 2012 Operational Metrics
2012 Operational Metrics Wheel-mounted drill at Chief Danny completed 36,004 feet of drilling in 50 holes (averaged 314 ft/day at $119/ft all-in Fly-drill at Triple Z completed 6,642 feet of drilling in 6 holes (221 ft/day avg, $106/ft all-in) Auger teams collected 1,029 soil samples at Taixts
Slide 25: Gold in Soils
Gold in Soils Percentile ranking used to accentuate higher values 6 feet Several distinct northwest trending anomalies found Visible Gold Northwest faults confirmed by geophysics Drilling results confirm soil sampling as a targeting tool 24