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Contango ORE Inc.: Developing Alaska’s Next Gold Mine in Partnership with Kinross and the Tetlin Alaska Native Tribe

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Wed, December 9, 2020 at 2:00 PMendedReplay
Contango ORE Inc.: Developing Alaska’s Next Gold Mine in Partnership with Kinross and the Tetlin Alaska Native Tribe

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Meeting Overview The meeting focused on the presentation of Contango Ores' Peak Gold Deposit project in Alaska, highlighting its partnership with Kinross and the Tetlin Alaska Native tribe. CEO Rick Van Nieuwenhuizen discussed the project's details, including resource estimates, financial projections, and future plans for development. Key Discussion Points - Introduction of Contango Ores and its Peak Gold Deposit project. - Overview of the partnership with Kinross, including Kinross acquiring a 70% interest in the project. - Details on the resource estimates: 1.3 million ounces measured and indicated, with a high grade of 4 grams per ton. - Explanation of the project’s logistics, including ore transportation to the Fort Knox mill. - Financial aspects, including estimated capital costs of $110 million and all-in sustaining costs of $750 per gold equivalent ounce. - Future plans for a feasibility study, permitting, construction timelines, and production start date in 2024. - Explorati...

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[Speaker identities could not be resolved; generic labels used] [00:11] Speaker 1: Hi, everybody. Thank you for joining Contango Ores Live Investment Summit today hosted by Sixx, developing Alaska's Nix gold mine in partnership with Kinross and a Tetlin, Alaska native tribe. [00:23] Speaker 1: I'm pleased to introduce President and CEO Rick Van Nieuwenhuizen today. [00:28] Speaker 1: Rick is going to walk you through the company presentation. And after that, as always, we will be taking questions. [00:34] Speaker 1: As a reminder, please submit your questions using the Q&A tab on the right hand side of your screen at any point during the presentation. [00:41] Speaker 1: Now, without further ado, I'm going to hand it over to Rick to kick things off. [00:46] Speaker 2: Well, thank you, Jane, [00:47] Speaker 2: And thanks for joining us in this virtual world. [00:51] Speaker 2: I'm looking forward to presenting contango. It's not a well known story. [00:56] Speaker 2: So hope you'll. [00:57] Speaker 2: We'll find it interesting. Of course, be making forward looking statements. [01:02] Speaker 2: And I draw your attention to our cautionary language around resources [01:06] Speaker 2: and the all-important non-gap measures. [01:10] Speaker 2: So [01:11] Speaker 2: just high level, [01:13] Speaker 2: our project is located [01:15] Speaker 2: in [01:17] Speaker 2: Southeastern [01:18] Speaker 2: Alaska, [01:19] Speaker 2: near the Canadian border right along the Alaska highway. [01:23] Speaker 2: It's called the Peak Gold Deposit. We've outlined a 1.3 million ounce measured and indicated resource there. [01:29] Speaker 2: Lots of exploration upside. What's [01:31] Speaker 2: is key here is the grade, 4 grams per ton, [01:35] Speaker 2: Very high grade for an open pit gold m...