Contango ORE Inc CTGO

Metals & Mining Gold

Contango ORE, Inc. is engaged in exploration for gold and associated minerals in Alaska. The Company holds a 30% interest in the Peak Gold JV, which leases approximately 675,000 acres of land for exploration and development on the Manh Choh project, with the remaining 70% owned by KG Mining (Alaska), Inc., an indirect subsidiary of Kinross Gold Corporation, operator of the Peak Gold JV. It also has a lease on the Johnson Tract project from the underlying owner, CIRI Native Corporation, a lease on Lucky Shot project from the underlying owner, Alaska Hardrock Inc. and through its subsidiary has 100% ownership of approximately 8,600 acres of peripheral State of Alaska mining claims. It also owns a 100% interest in an additional approximately 145,000 acres of State of Alaska mining claims through its wholly owned subsidiary, which gives the Company exclusive right to explore and develop minerals on these lands. The Company also owns Golden Zone and Amanita NE gold properties.

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Contango ORE Inc

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Post by BullionGirlon Aug 30, 2021 4:22pm

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Lucky Shot Mine

Contango has announced acquisition of the Lucky Shot Mine Project in south central Alaska. This was a high grade mine and current resources are 18 g/t gold with a lot of areas for exploration. Management thinks it's a good fit to their Manh Choh joint venture with Kinross.

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