Welcome to our dedicated page for Contango Silver & Gold news (Ticker: CTGO), a resource for investors and traders seeking the latest updates and insights on Contango Silver & Gold stock.
Contango Silver & Gold Inc. reports developments from a gold, silver and associated minerals business focused on exploration, development and joint venture activity in Alaska and British Columbia. Recurring updates include cash distributions from the Peak Gold JV, operating and financial results tied to Manh Choh operations, and exploration or development work at assets such as Lucky Shot, Johnson Tract and Kitsault Valley.
Company news also covers capital-structure and market-listing matters, including CTGO common shares trading on the NYSE American and TSX, as well as material agreements, shareholder voting matters and governance changes. Formerly Contango Ore Inc., the company’s updates center on mineral project advancement, joint venture economics and public-company disclosure events.
Contango Silver and Gold (CTGO) reports 2026 field-season progress across its Manh Choh, Lucky Shot, Johnson Tract and Kitsault Valley projects.
At Manh Choh, the third 2026 production campaign began on August 20, with Fort Knox mill modifications for higher-grade sulfide ore completed and production expected to align with prior guidance, with detailed results to be included in Q3 financials anticipated in November 2026. The Lucky Shot surface drill program finished on August 29, delivering about 5,800 meters across 29 holes, and an underground campaign of roughly 10,000 meters is starting, aimed at supporting a Feasibility Study planned for late 2027.
At Johnson Tract, road, bridge and portal-site preparations are complete, with environmental and cultural baseline work nearly finished, supporting a project that previously outlined a post-tax NPV5 of USD $615.4 million and 60% IRR at $4,000/oz gold. At Kitsault Valley, 123 drillholes totaling over 46,446 meters have been completed, with drilling expected to finish by end-September and an updated Mineral Resource Estimate on track for late September.
Contango Silver and Gold (CTGO) reported initial 2026 surface diamond drill assay results from the Lucky Shot Project in Alaska and an update on underground development.
Key intercepts include hole LSS26016 with 2.45 meters grading 86.05 g/t Au, including 0.80 meters at 244.30 g/t Au and 0.30 meters at 49.96 g/t Au from the Coleman 3 vein extension, and hole LSS26003 with 0.50 meters at 81.57 g/t Au from Coleman 1. Approximately 5,700 meters in 27 surface drill holes, or about 93% of the planned 6,000-meter program, are complete. Underground, 332 meters of the planned 830 meters of lateral development (about 40%) are finished, including completion of the 2090W West Drift Extension. Development encountered two previously unmodeled KM-style mineralized vein structures, KM2 and KM3, with selective hand samples up to 395.10 g/t Au.
Contango (NYSE American: CTGO) reported Q2-2026 results, highlighting Manh Choh ramp-up, balance sheet changes and portfolio advancement. Contango’s share of Manh Choh sales was 8,627 oz of gold and 10,319 oz of silver, with cash costs of $2,641/oz and AISC of $2,877/oz. The Peak Gold JV distributed $9 M, bringing total returns from Manh Choh to $160 M against an initial $105 M investment, and quarter-end cash rose to $89.0 M from $64.8 M at year-end 2025.
The company reported a Q2-2026 operating loss of $8.5 M, net income of $4.8 M and adjusted net loss of $5.5 M. Contango amended its credit facility, replacing 15,000 oz of 2027 hedges with $33.7 M of additional debt and gold put options, raising facility principal to $46.3 M and fully eliminating its hedge book. It also secured 100% ownership of Lucky Shot by purchasing the underlying lease and 2% NSR for $16.1 M and settling $18.75 M of milestones for $6.6 M. Drilling and permitting advanced across Lucky Shot, Kitsault Valley and Johnson Tract, and the company reaffirmed 2026 production guidance of 40,000–45,000 oz and 2027 guidance of 75,000–80,000 oz of gold.
Contango (NYSE American: CTGO) amended its credit facility, converting the remaining 15,000 ounces of hedged gold into $33.0M of debt and cutting the interest rate to about 7.40% from 8.9%, with no restructuring fee.
Total principal rose from $12.6M to $46.3M, including $715,000 spent on 15,000 gold put contracts at $3,100/oz. Principal repayments are scheduled between September 30, 2026 and June 30, 2027.
Contango Silver and Gold (NYSE American: CTGO) signed an agreement to settle up to $18.75 million in Lucky Shot Project milestone obligations for approximately $6.57 million, consisting of a $5 million cash payment and 100,000 common shares. The company also received a $9 million cash distribution on June 25, 2026 from the Peak Gold JV tied to Manh Choh mine production, and states it now has 100% unencumbered control of the Lucky Shot asset.
Contango Silver and Gold (NYSE American: CTGO) reported 2026 project updates. The Lucky Shot surface drill program began June 22 with two rigs, targeting 29 holes over ~6,800 meters for infill and step-out drilling. Johnson Tract permitting and fieldwork are on schedule, while the Kitsault Valley program has completed over 14,000 meters toward a 40,000-meter plan. Contango has also delivered the remaining 11,000 ounces under its 2026 gold hedge contracts ahead of schedule, with 15,000 ounces scheduled for delivery in the first half of 2027.
Contango Silver & Gold (NYSE American: CTGO) reported results of its June 18, 2026 virtual annual meeting of stockholders. Shareholders elected seven directors to serve until the 2027 annual meeting and approved all proposals presented.
Stockholders ratified Baker Tilly US as 2026 auditor, approved executive compensation on a non-binding basis, and chose an annual advisory vote on that compensation.
Contango Silver and Gold (NYSE American: CTGO) reported final assays from the initial 2025/2026 underground drilling phase at the Lucky Shot project in Alaska and restart of underground exploration development.
Highlights include 0.17 m grading 972.10 g/t gold and plans for ~800 m of new underground workings to support ~12,000 m of follow-up drilling and future technical studies.
Contango Silver & Gold (NYSE American: CTGO) has started its 2026 Kitsault Valley surface drill program, using three diamond drills with two more to follow. The program totals about 40,000 meters, mainly infill and resource expansion at Dolly Varden, Wolf and Homestake Ridge deposits.
About 10,000 meters target exploration holes across the Kitsault Valley in British Columbia’s Golden Triangle. Drilling will support a resource update and Initial Assessment economic study expected in H1 2027. A 2025 Wolf hole intersected 518 g/t Ag over 0.52 m within a wider mineralized zone.
Contango Silver and Gold (NYSE American: CTGO) reported Q1 2026 results, including its first quarter of Manh Choh production and major corporate actions.
Contango’s share of Manh Choh sales was 8,012 oz gold and 15,042 oz silver, generating $4.8M income from operations, $4.7M adjusted net income, and a $14.3M net loss driven by a $19.0M derivative loss.
Cash rose to $97.5M, helped by a $9M JV distribution and $50M equity raise. The company repaid $1.0M of debt (leaving $13.6M), reduced hedge exposure, guided 2026 Manh Choh gold output of 40–45k oz and 2027 output of 75–80k oz, and agreed to acquire 100% of Lucky Shot for $16.1M.