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Stock impact report

Contango ORE Execs Detail Kitsault MRE Timeline, 40,000m Drill Plan and Mid-Tier Growth Push [Yahoo! Finance]

Contango ORE, Inc. (CTGO) 
NASDAQ:AMEX Investor Relations: contangoore.com/investor.html
Company Research Source: Yahoo! Finance
200,000 meters of drilling, with a planned 40,000-meter program this year and management forecasting ~50% more silver ounces and ~50% inferred-to-indicated conversion at Homestake. The merged company says it starts with about $100 million in cash , has largely worked through its hedge book and paid down most debt, and is positioning itself as a North American mid-tier precious-metals producer supported by meaningful free cash flow. Operational outlook: Manh Choh guidance is ~45,000 gold-equivalent ounces in 2026 at $1,900–$2,000 AISC and 75,000–80,000 ounces in 2027 at $1,300–$1,400 AISC, while Johnson Tract economics show an NPV $600M at $4,000 gold and a stated one-year payback with permitting progress via the FAST-41 dashboard. Interested in Contango ORE, Inc.? Here are five stocks we like better. Do Bank Failures Mean It's Time To Invest In Precious Metals? Executives from the newly combined Contango Silver & Gold outlined near-term milestones, exploration plans, and the Show less Read more
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