Contango receives $12M distribution from Peak Gold JV; 2024 gold production guidance of ~38,500 oz

Contango Silver & Gold Inc.

$12.0M cash distribution received Oct 24, 2024, from Peak Gold JV for Contango's 30% share of Campaign #2 profits.
Total distributions from JV since July 2024: $31.5M.
Two campaigns completed; third underway; Contango's 30% share: ~30,000 oz (Campaigns 1&2) and expected ~8,500 oz (Campaign 3).
Total 2024 gold production estimate: ~38,500 oz (30% share).

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