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Contango ORE Inc: 2021 Accomplishments and Plans for 2022

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Tue, January 25, 2022 at 2:00 PMendedReplay
Contango ORE Inc: 2021 Accomplishments and Plans for 2022

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Meeting Overview The meeting focused on a corporate update from President and CEO Rick Van Neuwenhuysen regarding Contango Auras' key projects, financial status, and future plans for 2022. The discussion highlighted the progress on the Bancho and Lucky Shot projects, as well as the company's community engagement efforts and economic impact. Key Discussion Points - Overview of the company's main projects: Bancho (joint venture with Kinross) and Lucky Shot (100% owned). - Update on early-stage projects: Shamrock, Eagle Hona, and Triple Z. - Financial status: 6.75 million shares outstanding, $17 million in cash, and recent uplisting to NYC American. - Details on the Bancho project, including resource estimates and partnership benefits with Kinross. - Budget allocation for 2022: $48 million, with $28 million for construction. - Community engagement and socioeconomic benefits of the projects, including job creation and local spending. - Anticipated timeline for project milestones, includ...

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[Speaker identities could not be resolved; generic labels used] [00:07] Speaker 1: All right. Well, hello and welcome everyone to Contango Auras live summit today hosted by 6. I'm pleased to introduce President and CEO Rick Van Neuwenhuysen. [00:16] Speaker 1: He's going to walk us through a company presentation after we will be accepting questions live. So as a reminder, you can submit your questions on the Q&A [00:24] Speaker 1: panel on the right-hand side of the screen at any time during the presentation. [00:28] Speaker 1: And as always, the summit is being recorded and will be available to watch afterwards on six.com. But without any further ado, I'm gonna hand it over to you, Rick, to kick us off. [00:36] Speaker 2: Well, thank you, Dasha, and good morning, everybody, or good afternoon, depending on where you are. [00:41] Speaker 2: Thank you for joining us today, and we'll give a corporate update [00:45] Speaker 2: and then really focus on our plans [00:48] Speaker 2: for 2022. [00:49] Speaker 2: So [00:51] Speaker 2: obviously I'm making forward looking statements [00:53] Speaker 2: so draw your attention to our slide [00:55] Speaker 2: and some cautionary notes on resources and reserves and on gap measurements. [01:01] Speaker 2: So just quickly, [01:04] Speaker 2: we are focused on [01:05] Speaker 2: our 2 main projects, Bancho, which is development stage project, joint venture with Ken Ross, [01:11] Speaker 2: and [01:13] Speaker 2: our Alaska Native partner at the Tetlin tribe, [01:16] Speaker 2: and our lucky shot, our 100% own lucky shot mine where we're [01:20] Speaker 2: undergoing [01:21] Speaker 2: an exploration program this year. [01:24] Speaker 2: We have 3 early stage projects. I won't spend a lot of time on those. They are early stage and we'r...