Contango Ore starts Lucky Shot underground drill program for feasibility study

Contango Silver & Gold Inc.

Drill program targets ~18,000 meters across 210 holes to infill resource to Proven & Probable categories.
Drilling started Nov 19, 2025; four phases to run through 2026; feasibility study expected in 2027.
Assays to be reported in batches starting Q1 2026; includes hydrological, geotechnical, metallurgical tests.
Channel samples from West Drift averaged ~139 g/t gold over 1.5 meters (26.1, 379, 9.1 g/t over 0.5m each).
Program executed from underground drifts and surface; aims to build reserve model for final feasibility study.

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