Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Bullboard - Stock Discussion Forum Contango ORE Inc CTGO

Contango ORE, Inc. is engaged in exploration for gold ore and associated minerals in Alaska. The Company conducts its operations through three primary means. The Company has an approximately 30% membership interest in Peak Gold, LLC, which leases approximately 675,000 acres from the Tetlin Tribal Council. Its subsidiary, Alaska Gold Torrent, LLC, leases the mineral rights to approximately 8,600... see more

NYSEAM:CTGO - Post Discussion

Contango ORE Inc > Contago Enters into a project financing agreement!
View:
Post by JasleenDhaka on Mar 22, 2023 5:12pm

Contago Enters into a project financing agreement!

Contango has just secured a US$70 million loan from ING and Macquarie. The purpose of this loan is to help fund CTGO's portion of the capital expenditure (CAPEX) needed to move forward with the Manh Choh gold project in Alaska.

This project is a joint venture with Kinross, who owns 70% of the project and will be responsible for operating it. The plan is to start producing gold from the project in the second half of 2024.

Read mining news this week, sign up for FREE: https://www.researchfrc.com/our-prediction-for-the-feds-next-move/

Comment by wedowee5 on Mar 23, 2023 12:49am
This post has been removed in accordance with Community Policy