Contango Ore Inc. announces that Contango is in Washington DC this week for the annual 'Alaska On The Hill' event. The Company is joined by 120 of its fellow Alaskans from across the various businesses to bring Alaska's unique business voice to the Nation's Capital to advocate for a healthy Alaskan economy and a secure future for Alaska. Rick Van Nieuwenhuyse, the Company's President and CEO stated, "We are excited to be [...]
Contango Ore Inc. is pleased to announce that the Peak Gold JV made a cash distribution in the amount of $9 million to Contango on April 24, 2025. Including the prior cash distributions received during the first quarter of 2025 , the total distributions received to date from Manh Choh profits from gold sales in 2025 total $33 M. The Peak JV has completed the first of four campaigns in 2025, producing approximately 20,000 [...]
Contango Ore is pleased to announce that it has nominated two new independent directors to its board of directors, and that it will hold its 2025 Annual Meeting of Stockholders virtually on Tuesday, June 10, 2025 at 10:00 am Central Time. The notice of the Annual Meeting and proxy materials will be sent on or shortly after April 29, 2025 to stockholders of record as of the close of business on April 11, 2025. The Board [...]
Contango Ore is pleased to announce that the Peak Gold JV has made cash distributions totaling $24 million to Contango in the first quarter of 2025. These distributions consist of two payments: $9 M related to additional cash profits from 2024 production, paid on March 12, 2025; and $15 M related to profits from the first half of Campaign #1 for 2025, paid on March 27, 2025. Campaign #1-2025 is expected to be completed by [...]
Contango Ore announced that it filed its Form 10-K for the fiscal year ended Dec 31, 2024 with the Securities and Exchange Commission. Other periods referenced in this release include the six-month transition period ended Dec 31, 2023, and the fiscal year ended June 30, 2023. The Company's unrestricted cash position as of Dec 31, 2024 was $20.1 million compared to $15.5 M as of December 31, 2023. The Company reported [...]
Contango Ore is pleased to announce that it has amended its credit facility to defer $10.6 million of principal repayments and delivery of 15,000 hedged gold oz into the first half of 2027 and extend the maturity date of the Facility from Dec 31, 2026 to June 30, 2027. All other key terms of the Facility, including the interest rate, remain the same. The Company anticipates that the revised delivery schedule for the gold [...]
Contango Ore is pleased to announce that the Peak Gold JV paid a cash distribution of $9.0 million to Contango on Dec 19, 2024. These proceeds relate to Contango's 30% of profits from the processing Manh Choh ore from Campaign #3. In total, Contango has received $40.5 million in cash distributions from the Peak Gold JV since commencing the processing of Manh Choh ore in July 2024. Production Statistics for 2024 Contango [...]
Contango Ore announced guidance today for its 30% interest in the Peak Gold JV, including reaffirmation of anticipated 2025 gold production and updated anticipated all-in sustaining costs for the mine and 2025 cash distributions from the Peak Gold JV. In addition, the Company provided an update on its credit facility and related hedge contracts. The Company anticipates that its share of 2025 gold production from the Manh [...]
Contango Ore Inc. is pleased to announce drill results from the 2024 surface drill campaign and provide an update on its 2024 exploration and development program at the Johnson Tract polymetallic gold project . The Project hosts the high-grade Johnson Tract deposit with an Indicated Resource of 1.05 million ounces at 9.39 grams per tonne gold equivalent with average true thickness of 40 meters . The 2024 exploration [...]
Contango Ore Inc. is pleased to announce drill results from the 2024 surface drill campaign and provide an update on its 2024 exploration and development program at the Johnson Tract polymetallic gold project . The Project hosts the high-grade Johnson Tract deposit with an Indicated Resource of 1.05 million ounces at 9.39 grams per tonne gold equivalent with average true thickness of 40 meters . The 2024 exploration [...]
FAIRBANKS, Alaska, Nov. 14, 2024 /CNW/ - Contango Ore Inc. announced today it filed its Form 10-Q for the quarter ended September 30, 2024 with the Securities and Exchange Commission. Periods referenced in this release include the nine month period ended September 30, 2024 , the quarter ended September 30, 2023 and the nine month period ended September 30, 2023 . The Company's unrestricted cash position as of September [...]
Contango Ore Inc. is pleased to announce that the Peak Gold JV paid a cash distribution of $12.0 million on October 24, 2024. These proceeds relate to Contango's 30% of profits from the processing of Manh Choh ore from Campaign #2. In total, Contango has received $31.5 million in cash distributions from the Peak Gold JV since commencing the processing of Manh Choh ore in July 2024. The Peak Gold JV has completed two [...]
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