---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-280652"
form_type: "8-K"
ticker: "CTGO"
cik: "0001502377"
company_name: "Contango Silver & Gold Inc."
filed_at: "2025-11-14T23:59:59+00:00"
generated_at: "2026-05-16T19:50:29.399998+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Contango Ore Q3: record $25M operating income, $107M cash, 16,669 oz gold sold at $1,402/oz cash cost

## Summary
- Adjusted net income $24.9M vs $19.1M year ago; net loss $5.4M includes $14.4M derivative loss.
- Sold 16,669 oz gold at cash cost $1,402/oz, AISC $1,597/oz; Q4 guidance 6,000–8,000 oz for Contango share.
- Cash from operations $60.2M YTD; debt reduced to $14.6M after $8.5M post-quarter repayment and $22.4M carry trade settlement.
- Lucky Shot 15,000m drill program underway; feasibility study targeting 30,000–40,000 oz/year within 12–18 months.
- Raised $50M via equity offering of 1.975M shares and pre-funded warrants at $20.

## SEC filing metadata
- accession: 0001193125-25-280652
- form_type: 8-K
- ticker: CTGO
- cik: 0001502377
- company_name: Contango Silver & Gold Inc.
- filed_at: 2025-11-14T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1502377/000119312525280652/0001193125-25-280652-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1502377/000119312525280652/ctgo-20251113.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-280652
- JSON: https://secwatch.observer/filing/0001193125-25-280652.json
- Plain text: https://secwatch.observer/filing/0001193125-25-280652.txt

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