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 (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.
Contango (NYSE: CTGO) completed the initial phase of its 2025/2026 Lucky Shot underground drill campaign, reporting 65 HQ diamond holes for 6,020 meters and multiple high‑grade intercepts (e.g., 0.50 m @ 74.20 g/t Au). The company agreed to acquire the Lucky Shot property and extinguish a 2% NSR for $16,074,000 (including a $10.0M promissory note).
Planned next steps include ~800 m of underground development (mid‑May 2026, ~5 months) to enable a ~12,000 m follow‑up drill program and support a Feasibility Study targeted for H1 2027.
Contango (NYSE American: CTGO) received a $9.0 million cash distribution from the Peak Gold JV on March 25, 2026 and outlined a fully funded 2026 exploration program focused on advancing Lucky Shot, Johnson Tract and Kitsault Valley toward development.
Key 2026 budgets include $21M for Lucky Shot drilling, $17M for Johnson Tract infrastructure and $25M for a 40,000m Kitsault Valley drill campaign; a Feasibility Study and updated MREs are targeted for H1 2027 and end of Q2 2026 respectively.
Contango (NYSE American: CTGO; TSX: CTGO) announced its common shares were approved and posted for trading on the Toronto Stock Exchange effective April 13, 2026. The CUSIP remains 21077F100 and the company highlighted expected increased visibility and liquidity in Canada to support its Alaska and British Columbia projects.
The press release notes exchangeable shares of Dolly Varden Silver subsidiary are not listed and are subject to transfer restrictions unless TSX provides prior written approval.