Contango Ore(NYSE:ctgo)

Contango Silver & Gold is a premier, North American mid-tier precious metals producer, developer and explorer.

Investor website: https://www.contangoore.com/

About

Contango Silver & Gold is a premier, North American mid-tier precious metals producer, developer and explorer. By uniting high-grade gold production and development stage assets in Alaska with district-scale silver advanced-stage exploration in British Columbia, we have created a high-margin platform for non-dilutive growth.

Verified company data

Cash position
$15 million
Shares outstanding
10310000
Fully diluted shares
34047823
Mineral resource
The historical results from this work have already outlined historic mineral resources at the Dolly Varden, North Star, Torbrit and Wolf mines in the historic categories of “Geologic Reserves” as follows (Summary Report: Wm. Pearson, Derry Michener, Booth and Wahl, 1986; converted to SI units): | Historical Category | Tonnes | Silver Grade (g/tonne) | Silver Grade (oz./ton) | Contained Silver oz | | --- | --- | --- | --- | --- | | Proven & Probable | 467,518 | 378.5 | 11.0 | 5,689,464 | | Possible | 805,177 | 329.1 | 9.6 | 8,520,538 | The above historic resource estimates were prepared from closely spaced diamond and percussion drill intersections and a polygonal method of calculation. The terminology employed is not compliant with the mineral resource and reserve categories described in Section 1.2 or 1.3 of NI 43-101. Although not compliant, these mineral resources generally correspond to mineral resources in the drill indicated and inferred categories under the current standard. Dolly is not relying upon these historical estimates and plans to upgrade these estimates with diamond drilling and underground sampling within the scope of the first phase of the 2011 exploration program.
Projects
["Dolly Varden Property: Dolly is the 100% owner of a total of approximately 9,400 hectares of mineral tenures located in the Upper Kitsault Valley, 40 kilometres southeast of Stewart, in northwestern British Columbia, in the Skeena Mining Division. The mineral tenures hold the historic Dolly Varden, North Star, Torbrit and Wolf mines, collectively named the Dolly Varden Property. A technical report prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral will be filed by each of the companies in connection with the shareholder meetings. The geology and mineralization of the Property is well documented to belong to a High Sulphidation (precious metal rich) sub-class of Volcanogenic Massive Sulphide deposits (VMS) and documented to be the silver-rich analog to the world class Eskay Creek deposit (3.6 million oz of gold, 180 million oz of silver) which is located 125 kilometres to the north in the same stratigraphic package of rocks. Results from the Eskay Creek deposit are not necessarily indicative of potential on the Property, but the comparison of the respective geological setting lends strong guidance to the targeting for the coming exploration programs on the Property. Both silver and gold exploration targets have been identified from historic drill programs. Dolly plans to test the VMS potential this season by conducting a multifaceted exploration program that will further test the extensive volcanogenic exhalite horizon and associated alteration (feeder) zones that are already identified on the Property and which have been shown to be stronger and more aerially extensive than the Eskay Creek system. This first phase of the exploration program will consist mostly of surface mapping and sampling, interpretation of a recently completed VTEM airborne geophysical survey, the commissioning of a more powerful ZTEM airborne survey, and then surface diamond drilling of the most promising VMS targets. Mr. Paul McGuigan, P. Geo, a director and the lead geologist of Dolly, has been studying the VMS systems in this camp since 1979. Dolly has now created an updated model of the VMS targets with the benefit of all the historical data collected by Mr. McGuigan and the previous owners."]
Leadership
Allan Marter (Co-Chairman, Long-standing director with extensive experience in corporate governance.), Ron Nichols (VP Exploration, Former CEO of Dolly Varden and currently managing exploration activities.), Carla Hartzenberg (CFO, Chartered Professional Accountant with 10 years of experience in the natural resources sector, including mining exploration and financial reporting.), Stephen Brohman (CFO, CPA, CA with a background in financial management.), Melissa Martensen (Corporate Secretary, Title only)

Verified data last updated: 2026-06-12

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