Contango Ore Inc. announced today the results of the 2019 Exploration Program for Peak Gold, LLC , a joint venture between the Company’s wholly owned subsidiary CORE Alaska, LLC and Royal Alaska, LLC , a wholly owned subsidiary of Royal Gold Inc. The 2019 exploration program has been completed and all the assays have been received. The Company believes the most encouraging results came from the initial core holes at [...]
Contango Ore Inc. announced today that stockholders of record at the close of business on September 23, 2019 are entitled to vote at the annual meeting of stockholders of the Company and receive a proxy by mail for the election of Directors of the Company and other matters. The proxy statement was mailed to stockholders of the Company on or about October 4, 2019. Stockholders of the Company are invited to attend the [...]
Contango Ore Inc. announced today that the previously announced joint sale process for Peak Gold, LLC has concluded without entering into a definitive change of control transaction. The Company entered into the joint sale process with Royal Gold, Inc., the parent of CORE’s Joint Venture partner, for the sale directly or indirectly of all of the Peak Gold project’s properties in Alaska. During the process, the [...]
Contango Ore Inc. announced today that it has filed its Form 10-Q for the quarter ended March 31, 2019 with the Securities and Exchange Commission. The Company reported a net loss of $1.4 million, or per basic and diluted share, for the three months ended March 31, 2019 compared to a net loss of $0.9 million or $ per basic and diluted share for the same period last year. For the nine months ended March 31, 2019, the [...]
Contango Ore Inc. announced today that it has filed its Form 10-Q for the quarter ended December 31, 2018 with the Securities and Exchange Commission. The Company reported a net loss of $1.8 million, or per basic and diluted share, for the three months ended December 31, 2018 compared to a net loss of $0.8 million or $ per basic and diluted share for the same period last year. For the six months ended December 31, 2018 [...]
Contango Ore Inc. announced today that Royal Gold Inc., the parent of Royal Alaska, LLC CORE’s joint venture partner in the Peak Gold, LLC joint venture , which is developing the Peak Gold exploration project located near Tok, Alaska , has retained Scotia Capital Inc. to conduct a joint process for the sale directly or indirectly of the Peak Gold Project’s properties in Alaska. CORE’s 60% interest in the [...]
Contango Ore Inc. held its annual meeting of stockholders on November 12, 2018 and the following directors were elected: Brad Juneau Joseph S. Compofelice Joseph G. Greenberg Richard A. Shortz Additionally, the Company’s Board of Directors re-appointed the following officers of the Company: Brad Juneau Chairman of the Board, President and Chief Executive Officer Leah Gaines Vice President, Chief Financial Officer [...]
Contango Ore Inc. is pleased to announce that Peak Gold, LLC , a joint venture between the Company’s wholly owned subsidiary CORE Alaska, LLC and Royal Alaska, LLC , a wholly owned subsidiary of Royal Gold Inc., has received its Preliminary Economic Assessment of its Main Peak and North Peak resource areas near Tok, Alaska. The PEA presents a robust open pit mining operation with attractive economics at base case [...]
Contango Ore Inc. announced today it filed its Form 10-K for the year ended June 30, 2018 with the Securities and Exchange Commission. The Company reported a net loss of $6.2 million or $1.09 per basic and diluted share for the year ended June 30, 2018 compared to a loss of $2.8 million or $0.62 per basic and diluted share for the same period last year. The increase in the net loss is primarily due to resumption of the [...]
Contango Ore Inc. announced today that it has filed its Form 10-Q for the quarter ended March 31, 2018 with the Securities and Exchange Commission. The Company reported a net loss of $0.9 million, or per basic and diluted share, for the three months ended March 31, 2018 compared to a net loss of $0.5 million or $ per basic and diluted share for the same period last year. For the nine months ended March 31, 2018, the [...]
Contango Ore Inc. received notice of a Schedule 13D filing by Royal Gold Inc. , which was made with the Securities and Exchange Commission on April 16, 2018 to reflect Royal Gold’s acquisition of more than 13% of the Company’s outstanding common stock at a price of $26 per share. Royal Gold is the parent company of Royal Alaska LLC, CORE’s joint venture partner in Peak Gold, LLC. The Board has reviewed [...]
Contango Ore Inc. announced today that Peak Gold, LLC , the Company’s joint venture with Royal Alaska, a wholly-owned subsidiary of Royal Gold, Inc., has approved a budget for the first phase of calendar 2018 activity for approximately $9.1 million, of which the Company’s share would be approximately $5.1 million. The budget is designed to define a path to commercialization of its current resource, explore for [...]