Our Team and Project Overview
In 2008 Brad Juneau, our Executive Chairman negotiated an agreement with the Tetlin Alaska Native Tribe for the right to explore for minerals on 675,000 acres of Tetlin Land. The Contango Ore team, including Curt Freeman, Alina Wyatt and Luke Raymond, drilled the discovery hole in the Peak Gold deposit in 2012 after three years of intensive grassroots exploration activity on the Tetlin Lease.
The discovery hole (TET12-016) hit 49m (161 ft) grading 11.2g/t Gold and 21.6 g/t Silver. The rest is history as they say. The exploration team advanced the deposit with the financial support of Royal Gold from 2014 through 2020. In 2018 JDS Energy and Mining Inc. completed a 43-101 compliant Resource and PEA on the 1.3 Million Oz gold deposit.
In January 2020, Rick Van Nieuwenhuyse joined the company as President and CEO and immediately entered into discussions with Royal Gold and then Kinross and Royal to to form the current Peak Gold LLC entity with Kinross owning 70% and becoming the Manager and Operator, Contango Ore retaining a 30% interest, and Royal Gold receiving a NSR royalty.