Recent Updates — CTGO
Contango Silver & Gold Inc. provided a corporate update for its 2026 field season across three projects. At the Kitsault Project in British Columbia, the company completed 56,492 meters of drilling across 152 holes, exceeding the original plan by approximately 40%. At the Johnson Tract Project in Alaska, construction of a 2.6-mile access road and a new camp pad was completed ahead of schedule. Drilling is underway at the Lucky Shot Project's East Drift to test the eastern extent of the vein system. Additionally, the third processing campaign at the Manh Choh mine concluded on September 24, 2026, with remaining ore scheduled for the fourth campaign in November. The company maintains its 2026 production guidance of 40,000 gold equivalent ounces. Contango is a precious metals exploration and development company operating projects in Alaska and British Columbia.
Contango Silver & Gold Inc. released additional assay results from its 2026 surface diamond drilling program at the Lucky Shot Project in Alaska, highlighting hole LSS26018 which intersected 140.23 grams per tonne of gold over 0.63 meters and 9.97 g/t Au over 4.57 meters. The company also provided an update on underground exploration development at the West Drift Extension, noting that crews have completed 450 meters of a planned 830 meters to test the KM vein system. These results are intended to help constrain previously mined zones and support an updated mineral resource estimate targeted for the first half of 2027. Contango Silver & Gold Inc. is an exploration-stage mining company focused on developing gold assets in Alaska.
Contango Silver & Gold Inc. announced the completion of its Technical Report Summary for the Kitsault Valley Project in British Columbia, effective September 11, 2026. The updated mineral resource estimate reflects a 93% increase in Indicated resources to 89.55 million ounces of silver equivalent (AgEq), comprising 7.66 million tonnes at 363 g/t AgEq. This includes 58.70 million ounces of contained silver, 394.7 thousand ounces of gold, and associated base metals. Inferred resources stand at 64.92 million ounces AgEq across 6.31 million tonnes. The update incorporates a revised geological framework based on approximately 434,000 meters of drilling through the end of the 2025 program. Contango plans to incorporate 2026 drilling data into a H1 2027 resource update and targets an Initial Assessment later in 2027. The company operates as a precious metals exploration and development firm focused on gold, silver, and associated minerals.
Contango Silver & Gold Inc. issued a press release on September 2, 2026, reporting initial gold assay results from its 2026 surface diamond drilling program at the Lucky Shot Project in Alaska. The company highlighted hole LSS26016, which returned 2.45 meters grading 86.05 grams per tonne of gold, including a high-grade interval of 0.80 meters grading 244.30 g/t Au. Additionally, underground development at the West Drift Extension encountered two previously unmodeled KM-style mineralized vein structures, with hand samples returning up to 395.10 g/t Au. Approximately 5,700 meters of the planned 6,000-meter surface program have been completed, and underground development is 40% complete. Contango Silver & Gold Inc. operates in the precious metals mining industry, focusing on the exploration and development of gold projects in Alaska and British Columbia.