Contango Silver & Gold says Kitsault Valley drilling hits 46,446 meters, updated resource due late September
CTGO•2026 field progress across key projects
Contango Silver & Gold outlined 2026 field progress across Manh Choh, Lucky Shot, Johnson Tract, and Kitsault Valley, targeting near-term cash flow and growth.
- Manh Choh: The third 2026 processing campaign started Aug. 20; Fort Knox mill changes for higher-grade sulfide ore are operating as planned.
- Lucky Shot: Surface drilling ended Aug. 29 with 29 holes for 5,800 meters; about 10,000 meters of underground drilling runs to February 2027.
- Johnson Tract: Access road, bridges, and portal pad work finished; project studies support an initial post-tax NPV5 of USD 615.4 million.
- Kitsault Valley: Drilling reached 123 holes for 46,446 meters; an updated mineral resource estimate is still scheduled for late September.
