Contango ORE

Contango ORE, Inc. is a publicly traded company based in Fairbanks, Alaska. The company has a small team of 5 employees. Contango ORE focuses on gold development, aiming to produce an average of 65,000 gold ounces per year at an all-in sustaining cost (AISC) of $750 per ounce. The company's primary asset is the Peak Gold JV, a joint venture with Kinross Gold Corporation. This partnership utilizes Kinross' existing Fort Knox mining and milling complex to process ore from the Peak Gold deposit, significantly reducing development costs and environmental impact. Contango ORE anticipates that the Peak Gold deposit will produce 1 million ounces of gold equivalent over a 4.5-year mine life, beginning in 2024. Contango ORE's strategy leverages its partnership with Kinross to accelerate the development of the Peak Gold project. By utilizing existing infrastructure and expertise, Contango ORE aims to achieve rapid production and generate significant free cash flow. The company also benefits from its land position within the prolific Tintina Gold Belt, which offers potential for future exploration and discoveries. For more information about Contango ORE, Inc., please visit their website at contangoore.com.