secwatch.observer — SEC 8-K summary
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Issuer:     Contango Silver & Gold Inc. (CTGO)
CIK:        0001502377
Form:       8-K
Filed at:   2025-10-02T23:59:59+00:00
Accession:  0001193125-25-228609
Event type: other_material
Sentiment:  positive
Materiality: 0.75
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Contango ORE produces 17,000 oz gold in third campaign; receives $33M cash distribution from Peak Gold JV
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- Campaign #3-2025 processed 287K tons at 0.214 oz/t grade, 92.5% recovery; Contango's 30% share = ~17,000 oz gold.
- Cash distribution of $33M to Contango brings YTD total to $87M; 2025 expected >$100M at $3,500/oz gold.
- Repaid $8.5M on credit facility, reducing principal to $14.6M (37% reduction); hedge contracts at 49,300 oz.
- Village of Dot Lake dismissed lawsuit against USACOE; favorable for Manh Choh project and Peak Gold JV.
- Lucky Shot drill program of 15,000m underground planned starting Oct 2025; targeting 30,000-40,000 oz/yr DSO.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1502377/000119312525228609/0001193125-25-228609-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1502377/000119312525228609/ctgo-20251002.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-228609

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer