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
Investor webinar replay
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...
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.
Replay transcript excerpt
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. Speaker 1: Today's event is being recorded, and the recording will be available 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 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. Speaker 1: But that's enough out of me, I'll leave it to Rick for our presentation. Speaker 2: Very big thanks, Romeo, and good afternoon, everyone. Speaker 2: Yeah, today I wanna update you on our 1st batch Gold production and then talk about Speaker 2: our 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. Speaker 2: Forward-looking statement. Speaker 2: You guys know this well. Speaker 2: So, Speaker 2: we've had our 1st production up for the Moncho Mine. It's a great milestone to achieve. Speaker 2: Meanwhile, we want to move our Speaker 2: other projects forward, Johnson Track. Speaker 2: We're out there drilling now. Speaker 2: Lucky Shots on care maintenance right now, but we're working on getting a ...
