---
schema_version: "secwatch.filing_event.v1"
accession: "0001157523-23-000175"
form_type: "8-K"
ticker: "CTGO"
cik: "0001502377"
company_name: "Contango Silver & Gold Inc."
filed_at: "2023-02-06T23:59:59+00:00"
generated_at: "2026-06-20T00:01:11.044071+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Contango ORE reports Q2 FY2023 net loss of $14.3M, widening from $4.9M loss YoY

## Summary
- Net loss of $14.3M ($2.10 per share) for Q2 FY2023 vs $4.9M loss ($0.72) in prior year.
- Six-month loss $21.4M ($3.15 per share) vs $9.4M ($1.41) prior year; driven by Lucky Shot & Peak Gold costs.
- Manh Choh project (30% owned) targeting first production H2 2024 at 225,000 GEO/year (CORE's 30% = 67,500 GEO).
- Initial resource on Lucky Shot expected by end of March 2023; camp construction complete.
- Company expects additional losses until commercial production begins in H2 2024.

## SEC filing metadata
- accession: 0001157523-23-000175
- form_type: 8-K
- ticker: CTGO
- cik: 0001502377
- company_name: Contango Silver & Gold Inc.
- filed_at: 2023-02-06T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1502377/000115752323000175/0001157523-23-000175-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1502377/000115752323000175/a53303866.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001157523-23-000175
- JSON: https://secwatch.observer/filing/0001157523-23-000175.json
- Plain text: https://secwatch.observer/filing/0001157523-23-000175.txt

## Key facts
- Earnings Releases
  Contango Silver & Gold Inc. reported three months ended December 31, 2022 results: net income $(14.3) million, EPS $(2.10).
  - Period: three months ended December 31, 2022
  - Net income: $(14.3) million
  - EPS: $(2.10)
  - Result: reported results
  source text: Contango ORE Announces Earnings For Quarter Ended December 31, 2022 HOUSTON--(BUSINESS WIRE)--February 6, 2023--Contango ORE, Inc. (“CORE” or the “Company”) (NYSE American: CTGO) announced that it had a net loss of $(14.3) million, or $(2.10) per basic and diluted share, for the three months ended December 31, 2022 compared to a net loss of ($4.9) million or $(0.72) per basic and diluted share for the same period last year.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1502377/000115752323000175/0001157523-23-000175-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.