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0 0 0 0.0078168620882189 0.00111669458403124 0.00111669458403124 -0.068676716917923 -0.231714126186488
Stock impact report

Contango Reaffirms and Updates 2025 Manh Choh Guidance [Yahoo! Finance]

Contango ORE, Inc. (CTGO) 
NASDAQ:AMEX Investor Relations: contangoore.com/investor.html
Company Research Source: Yahoo! Finance
its 30% interest in the Peak Gold JV, including reaffirmation of anticipated 2025 gold production and updated anticipated all-in sustaining costs ("AISC") for the mine and 2025 cash distributions from the Peak Gold JV. In addition, the Company provided an update on its credit facility (the "Facility") and related hedge contracts. The Company anticipates that its share of 2025 gold production from the Manh Choh mine will be approximately 60,000 ounces ("oz") of gold. The estimated AISC for the life-of-mine ("LOM") is projected to increase to approximately per oz of gold equivalent ("AuEq") sold compared to per oz of AuEq sold, as estimated in the Manh Choh Technical Report Summary (the "TRS"), while the estimated AISC for 2025 on a standalone basis is expected to be approximately per oz of AuEq sold. A main factor leading to the AISC increase relates to recent weight restrictions on the Chena Flood Plain Bridge, a bridge along the Manh Choh ore haul route, as well as higher than anti Show less Read more
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