Contango Ore

Developing Alaska's Next Gold Mines

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Contango Ore is an American, New York Stock Exchange-listed company headquartered in Fairbanks, Alaska, and is exposed to three compelling gold projects, focused on development through Contango’s Direct Ship Ore (DSO) approach.

Manh Choh Mine

  • JV With Kinross (Peak Gold JV 30%)
  • Fully Financed | Fully Permitted
  • Now Mining, Stockpiling, and Processing Ore
  • Producing gold, generating strong cash flows

Lucky Shot Mine

  • Historically Produced 250K Oz - High-grade gold veins
  • Fully Refurbished Underground For Resource Expansion
  • Fully Permitted with year-round road access

Johnson Tract

  • 1M Oz Grading 9.4 G/T AuEq
  • Ore body averages 40 meters wide
  • Tidewater access
  • Camp to portal road permitted
  • Pre-Tax net present value discounted at 5% ("NPV5") of USD $359.0 million
  • 7-year LOM
  • LOM annual average production of 102,258 GEO at 7.58 g/t
  • AISC estimated at $860 per GEO sold
  • Discounted payback period of 1.3 years

The Contango Model

We identify projects with good grades in Tier 1 districts near infrastructure (roads, rail, water) that can be processed at existing permitted facilities using our DSO approach (permitted mills and smelters), and are relatively simple to permit from a mining perspective.

This approach leads to small environmental footprint, low capital cost, strong cash flow per employee (low overhead cost) and per share (low share count) - resulting in Contango’s hybrid royalty business model being accretive to shareholders.

Want to learn more about our strategy?

Schedule a meeting with our management team today.