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Manh Choh Update

Rick Van Nieuwenhuyse, President & CEO of Contango ORE, provides an update on the Manh Choh project. He is available to answer questions following the presentation.

Tue, August 20, 2024 at 5:00 PMendedReplay
Manh Choh Update

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Meeting Overview The meeting provided an update on the gold production at the Monchow Mine and discussed ongoing drilling activities at the Johnson Tract project. Rick Van Nueniza, President and CEO of Contango Auras, shared production statistics, future production goals, and insights into the company's financial strategies related to gold sales and hedging. Key Discussion Points - Update on the first batch of gold production from the Monchow Mine. - Overview of drilling activities currently underway at the Johnson Tract project. - Discussion of production statistics, including recovery rates and gold/silver sales. - Future production goals for the remainder of the year. - Explanation of hedging strategies and their implications for financial performance. Decisions Made - No explicit decisions recorded. Action Items & Next Steps - [Unassigned] : Prepare for the next two batches of gold production scheduled for September and later this year. - [Unassigned] : Finalize and report proce...

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[Speaker identities could not be resolved; generic labels used] [00:07] Speaker 1: Good afternoon, good evening, depending on where in the world you're tuning in from. Looks like a North American and European audience today, so I appreciate you joining us very much. I'm excited to be joined by Contango Auras President and CEO Rick Van Nueniza for both an update on Manchow and also the upcoming work at Johnson Tract. But before I leave it to Rick, I got just a bit of housekeeping to do, so bear with me for just a couple more seconds. [00:28] Speaker 1: Today's event is being recorded, and the recording will be available [00:31] Speaker 1: early tomorrow morning. Won't be available this evening. This is also an interactive event, so please do, if you have any questions for Rick at any time during the event, there's a chat box in the bottom right. Please do [00:42] Speaker 1: ask questions. We'll try to get to as many as we can today, but even if we don't, I'll make sure that Rick and his team get the questions soon thereafter, so you'll get a response fairly short order. [00:52] Speaker 1: But that's enough out of me, I'll leave it to Rick for our presentation. [00:56] Speaker 2: Very big thanks, Romeo, and good afternoon, everyone. [01:00] Speaker 2: Yeah, today I wanna update you on our 1st batch Gold production and then talk about [01:06] Speaker 2: our [01:06] Speaker 2: drilling that's underway at Johnson Track. I was out there last week, so I want to give you an update from the field, if you will. [01:18] Speaker 2: Forward-looking statement. [01:20] Speaker 2: You guys know this well. [01:22] Speaker 2: So, [01:23] Speaker 2: we've had our 1st production up for the Moncho Mine. It's a great milestone to achieve. [01:29] Speaker 2: Meanwhile, we want to move our ...