other material
confidence high
sentiment positive
materiality 0.60
Contango reports high-grade drill results at Johnson Tract; receives 404 permit for access road
Contango Silver & Gold Inc.
- 2024 drill program: 21 holes, intercepts include GT24-008 with 223.5m at 11.5 g/t AuEq and 55.5m at 30.3 g/t AuEq.
- GT24-007: 93.0m at 9.1 g/t AuEq, including 22.1m at 20.7 g/t AuEq.
- Received Section 404 permit from US Army Corps of Engineers for portal access road and airstrip construction.
- Indicated resource at JT Deposit: 1.05M oz AuEq at 9.39 g/t AuEq, deposit remains open.
- Planning 2025 exploration drift (1.6 km tunnel) for definition drilling of deeper, high-grade portion.