Contango Ore Joins the Morning Drive in Washington

>> YOUR LINK HERE: ___ http://youtube.com/watch?v=juz82me79JQ

Rick Van Nieuwenhuyse President, Director, and CEO joined us while in Washington to help us get to know the man behind the company. Rick discusses his interests, including music, and conversation pieces. We learn about his family and hobbies as well, during his morning drive with a twist. • As Contango is a relatively new company, we hear the meaning behind the name and learn that the company has less than 10 million shares outstanding with many more details to be shared. • The morning drive comes ahead of a corporate update and overview planned for Thursday May 9th at 7pm ET. You can register here to join us: https://events.ftmig.ca/follow-the-mo... • About Contango • Contango ORE, Inc. (NYSE-A: CTGO) owns a 30% interest in the high grade Manh Choh open pit gold mine located in Alaska and partnership with a subsidiary of Kinross Gold Corporation - The Peak Gold, LLC (Kinross 70% and Contango 30% with Kinross as Manager and Operator). Ore from Manh Choh will be transported along State maintained highways and then processed at Kinross' existing Fort Knox mill complex located near Fairbanks, Alaska. The use of the Fort Knox mill has accelerated the development of the project and resulted in significantly reduced upfront capital development costs, a smaller environmental footprint, a shorter permitting and development timeline, and less overall risk for the project. • Peak Gold LLC has had a mining lease since 2008 on 675,000 acres of private lands owned by the Tetlin Tribe and administered by the Tetlin Tribal Council. The Manh Choh project has received all Federal and State permits and mining operations are underway and ore is currently being stockpiled at the Mahn Choh site and transported by highway ore haul trucks to a stockpile area at the Fort Knox mill complex. Peak Gold LLC expects to build a roughly 250,000 ton stockpile and then start processing the stockpiled ore later in 2024. Annual gold production is expected to be 225,000 ounces per year with 30% or approximately 67,500 ounces credited to Contango’s account. According to the Feasibility Study Technical Report, All-In Sustaining Costs (AISC) are expected be of $1116/GEO (Gold Equivalent Ounce).

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