16 June 2023resource reserve update▲ Good
Contango ORE published the first formal resource estimate for its newly acquired Lucky Shot project, an early step toward proving it up as a second mine alongside Manh Choh.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
2 June 2023resource reserve update▲ Good
Published the S-K 1300 technical report summary for Manh Choh, setting out the feasibility study and subsequent economic update prepared by joint-venture partner KG Mining (Alaska), a Kinross Gold subsidiary. The same filing noted Contango would join the Russell 3000 and Russell Microcap indexes from 26 June.
28 July 2022resource reserve update▲ GoodMajor
Kinross's board approved development of the Peak Gold joint venture's project -- now named Manh Choh -- after a positive feasibility study, the milestone that turns Contango's 30% stake from an exploration bet into a funded mine under construction.
24 Sept 2018resource reserve update▲ GoodMajor
A Preliminary Economic Assessment on the Peak Gold joint venture's Tetlin properties came back positive, an early derisking milestone for the project years before it would become the Manh Choh mine.
9 Jan 2015farm in farm out completion▲ GoodMajor
Contango ORE and Royal Gold closed the deal announced in September, forming Peak Gold LLC to hold the Tetlin properties: Contango contributed the assets for 100% of the JV, and Royal Gold can earn up to 40% by investing up to $30 million in exploration through October 2018.
2 Oct 2014farm in farm out agreement▲ GoodMajor
Contango ORE agreed to bring in Royal Gold to fund exploration of its Tetlin gold properties in Alaska through a new joint venture: Royal Gold will invest an initial $5 million and can earn up to a 40% stake by funding up to $30 million by October 2018.