CTGO:
GOLD:
SILVER:
COPPER

Welcome to
Contango Ore

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

Company Summary

Contango ORE, Inc. (NYSE-A: CTGO) recently completed a transaction that repositions the company as a well-capitalized US gold developer with a clear path to producing on average 65,000 GEO/year at AISC (All-In Sustaining Costs) of $750/GEO (Gold Equivalent Ounces).
The company is well structured with a low share count and has sufficient cash on hand to meet its obligations to fund our share of projected expenditures at Peak Gold, LLC through to a production decision without significant dilution.  Think about the free cash flow per share at current gold prices! How can we do this?

The company recently formed a new partnership with a subsidiary of Kinross Gold Corporation - The Peak Gold, LLC (Kinross 70% and Contango 30% with Kinross as Manager and Operator).  Ore from the Peak Gold, LLC will be processed at Kinross' existing Fort Knox mining and milling complex.   The use of the Fort Knox mill is expected to accelerate the development of the Peak Gold deposit and result in significantly reduced upfront capital development costs, smaller environmental footprint, a shorter permitting and development timeline, and less overall risk for the project.

Kinross anticipates production of 1 million ounces of gold equivalent from the Peak Gold deposit over a 4.5 year mine life based on current resources beginning in 2024, with estimated All-in Sustaining Costs (AISC) of $750/oz Au Eq and total capital costs of $110 million.  Peak Gold, LLC recently approved an $18 million program to complete a Feasibility Study, ready the project for permitting, and complete further resource definition and exploration drilling.  The company believes that there is significant upside exploration on the 675,000-acre land package located in the heart of the Tintina Gold Belt.

Upcoming Events

Jan
26
2022
Conference
Gold Silver Pros 2022 Metals – Virtual
Event Link
Mar
24
2022
Mar
22-24
2022
Conference
Swiss Mining Institute – Virtual
Event Link
Apr
14
2022
Apr
12-14
2022
Conference
Gold Forum Europe 2022 – Virtual
Event Link
Jun
02
2022
Jun
1-2
2022
Conference
Swiss Mining Institute – In Person, Zurich Switzerland
Event Link

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