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Recent Updates — CTGO

September 2, 2026View Source ↗

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.

August 19, 2026View Source ↗

On August 13, 2026, the Board of Directors approved Amended and Restated Bylaws effective immediately. Key changes include reducing the quorum requirement for stockholder meetings from a majority to one-third (33 1/3%) of voting power, updating the company name from Contango ORE, Inc. to Contango Silver & Gold Inc., and revising director election procedures previously approved in 2021. The filing includes Exhibit 3.1 containing the full text of the Amended Bylaws. This company operates in the precious metals mining industry.

August 14, 2026View Source ↗

Contango Silver & Gold Inc. reported Q2 2026 financial results and operational updates for the quarter ended June 30, 2026. The company generated $4.8 million in net income ($0.14 per diluted share) compared to a loss from operations of $8.5 million. Cash reserves increased to $89.0 million from $64.8 million at year-end 2025, supported by a $9.0 million distribution from the Peak Gold joint venture. The company fully liquidated its gold hedge book and amended its credit facility, increasing secured debt to $46.3 million while extinguishing long-term liabilities for the Lucky Shot project. Manh Choh production totaled 8,627 gold ounces and 10,319 silver ounces on a 30% basis. The company reaffirmed 2026 guidance of 40,000 to 45,000 gold equivalent ounces and provided 2027 guidance of 75,000 to 80,000 ounces at cash costs of $1,200 to $1,300 per ounce. Contango Silver & Gold Inc. is a precious metals mining company focused on the exploration and development of gold and silver assets in Alaska and British Columbia.

July 17, 2026View Source ↗

On July 15, 2026, Contango Silver & Gold Inc. released a new corporate presentation detailing its project pipeline and financial position. The company reported $97.5 million in cash as of March 31, 2026, and a market capitalization of $494 million. Key operational highlights include the Manh Choh mine, which produced 60,200 oz of gold and 57,315 oz of silver in 2025 with an AISC of $1,616 per oz. The company is advancing the Lucky Shot project, targeting 40,000-50,000 oz of annual gold production by 2028, and the Johnson Tract project, which has a post-tax NPV of $615.4 million and a 60% IRR at $4,000 gold. Contango operates in the mining industry, focusing on the exploration and production of silver and gold in North America.