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Contango Ore Provides Update and 2024 Drill Results for the Johnson Tract Project, Alaska, USA [Yahoo! Finance]

Contango ORE, Inc. (CTGO) 
NASDAQ:AMEX Investor Relations: contangoore.com/investor.html
Company Research Source: Yahoo! Finance
AuEq, GT24-007 – 93.0 m at 9.1 g/t AuEq, and JT24-159 30.2 m at 6.3 g/t AuEq. (Source: Contango ORE's press release, November 21, 2024) The JT Deposit contains an Indicated Resource of 3.49 million tonnes (Mt) grading 9.39 g/t AuEq for 1,053,000 ounces AuEq and an additional Inferred Resource of 0.71 Mt grading 4.76 g/t AuEq for 108,000 ounces AuEq. (Source: Technical Report titled 'Updated Mineral Resource Estimate and NI 43-101 Technical Report for the Johnson Tract Project, Alaska' dated August 25, 2022) Contango plans to advance the Project towards feasibility and a mine development decision using its DSO approach, including advancing geotechnical, hydrologic, and other environmental and engineering studies in preparation for permitting an approximately 1.6 km (1 mile) exploration tunnel to support definition drilling of the deeper 2/3rds of the JT Deposit. (Source: Contango ORE's press release, November 21, 2024) Contango received a Clean Water Act Section 404 permit from t Show less Read more
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