Contango Announces S-K 1300 Technical Report Summary with Robust Economics
Join CEO Rick van Nieuwenhuyse and CFO Mike Clark for a review of the Johnson Tract S-K 1300 Technical Report - which features robust economics and a 1 year payback. The executives will be available to answer your questions live following a brief presentation.
Thu, May 8, 2025 at 1:00 PMendedReplay
Investor webinar replay
Meeting Overview The meeting focused on the recent publication of a technical report summary regarding the Johnson Track project by Contango. CEO Rick Van Nuenhuysen and CFO Mike Clark presented the project's attractive economic metrics and discussed the next steps in its development. Key Discussion Points - Introduction of the Johnson Track project and its economic viability. - Overview of the project's location and infrastructure advantages. - Details of the initial assessment, including NPV and IRR figures. - Discussion on land ownership and easements related to the project. - Presentation of the proposed mining method and infrastructure plans, including tunneling and ore transport. - Emphasis on the environmental considerations in the mining plan. Decisions Made - No explicit decisions recorded. Action Items & Next Steps - [Rick Van Nuenhuysen] : Prepare and release a press release regarding Q1 results next week. - [Unassigned] : Conduct further studies to determine the exact ro...
Mr. Van Nieuwenhuyse was appointed to serve as President, Chief Executive Officer, and director of the Company effective January 6, 2020. He previously served as President and Chief Executive Officer of Trilogy Metals Inc. from January 2012 until December 2019. Between May 1999 and January of 2012, he served as the President and Chief Executive Officer of NOVAGOLD, Inc, a company that he founded. He served as the Vice President of Exploration for Placer Dome from 1990 to 1997. Mr. Van Nieuwenhuyse holds a Candidature degree in Science from Université de Louvain, Belgium and a Master of Science degree in Geology from the University of Arizona. Mr. Van Nieuwenhuyse currently serves on the board of directors of Alexco Resource Corp. He served on the board of directors of Sandfire Resources America, Inc. (formerly, Tintina Resources Inc.) from 2008 until 2016. Mr. Van Nieuwenhuyse has over forty years of experience in the minerals mining industry and brings significant industry and technical knowledge to the Company.
Mr. Clark was appointed to serve as Executive Vice President - Finance of the Company, effective July 11, 2023. He was then appointed as Chief Financial Officer & Corporate Secretary, effective January 1, 2024. He previously served as Chief Financial Officer and Corporate Secretary for Alexco Resource Corp. from December 2014 to September 2022 at which time Alexco Resource Corp was acquired by Hecla Mining Company. Between 2010 and 2014, Mr. Clark served as Chief Financial Officer of Goldgroup Mining Inc. and from 2007 to 2010 Mr. Clark served as Chief Financial Officer for the Grosso Group and its member companies. Mr. Clark received an undergraduate degree from the British Columbia Institute of Technology and is a Canadian Qualified Chartered Professional Accountant. Between 2016 and 2020, Mr. Clark also served on the Board of Trustees for the Burnaby Hospital Foundation as Chair of the Finance Committee.
Replay transcript excerpt
Speaker 1: Good morning, good afternoon, good evening, depending on where in the world you're signing in from. Certainly a lot of time zones on today's call, so I do appreciate you joining us. I'm on today with Contango Order to talk about the recent publishing of a technical report summary on the Johnson Track project with some pretty attractive economics. So I've got on today CEO Rick Van Nuenhuysen and CFO Mike Clark. Gentlemen, how are you today? Speaker 2: Doing well. Speaker 2: Romeo, I'm in Cornwall, England Speaker 2: on a geo field trip. Speaker 2: And the hotel has terrible internet. So we have our Starlink Speaker 2: out front. So if the internet goes haywire, we can blame Elon Musk. Speaker 1: That was my plan, so that's perfect. Speaker 1: Awesome, so here's how today's gonna work just for the folks in the room. After my brief housekeeping here at the beginning, I'm gonna throw it to Rick and Mike for a brief presentation, then I've got some questions for them. But after that, this is totally an interactive event. So please use the chat in the bottom right of the screen. Speaker 1: If we don't get to your question today, for whatever reason, running out of time, et cetera, I'll make sure the Contango team gets them and they'll get back to you as soon as possible. We'll hope to get to as many as we can today. I'll say this event is also being recorded, should be available right in your inbox by the end of the day Eastern Time, and from there you can share it out as much as you'd like. It'll also be available on Six's YouTube channel and Six.com. Speaker 1: Without further ado though, I'll throw it to Rick and Mike for a presentation. Speaker 2: Yeah, thanks, Romeo. Speaker 2: We've got a few slides to go through here, just Speaker 2: really focusing today...
