Contango Ore Q2 gold sales 17,764 oz; cash cost $1,416/oz, AISC $1,548/oz; reaffirms FY guidance

Contango Silver & Gold Inc.

2025-Q2 EPS reported -$0.55

Sold 17,764 oz gold at avg realized spot $3,274/oz; 30% share of Peak Gold JV.
Cash costs $1,416/oz, AISC $1,548/oz; below 2025 target of $1,625/oz.
2025 production guidance reaffirmed at 60,000 oz (30% basis); LOM avg 58,750 oz/yr through 2029.
Repaid $8.2M on credit facility in Q2, plus $7M post-quarter; balance reduced to $23.1M.
Cash distributions from JV totaled $54M in H1 2025; expected >$95M for full year.

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