secwatch.observer — SEC 8-K summary
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Issuer:     Contango Silver & Gold Inc. (CTGO)
CIK:        0001502377
Form:       8-K
Filed at:   2025-05-12T23:59:59+00:00
Accession:  0001193125-25-117458
Event type: other_material
Sentiment:  positive
Materiality: 0.75
Item codes: 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Contango ORE Johnson Tract IA: Post-tax NPV $225M, IRR 30%, 1.3yr payback
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- Post-tax NPV5 of $224.5M and IRR of 30.2% at $2,200/oz gold base case; payback 1.3 years discounted.
- Initial capital costs $213.6M; AISC $860/GEO; average annual production 102,258 GEO over 7-year mine life.
- Indicated resource 3.49M tonnes at 5.33 g/t Au; inferred 0.71M tonnes at 1.36 g/t Au; polymetallic (Au, Zn, Cu, Pb, Ag).
- Gold price sensitivity: at $3,000/oz, post-tax NPV rises to $398.2M, IRR 45%, payback <1 year.
- Company expects permitting for access tunnel within one year; aims for FAST-41 priority under NEDC.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1502377/000119312525117458/0001193125-25-117458-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1502377/000119312525117458/d90137d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-117458

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