other material
confidence high
sentiment positive
materiality 0.65
Contango Ore reports high-grade drill results at Lucky Shot: 60.22 g/t Au over 5.92m including 294.77 g/t
Contango Silver & Gold Inc.
- New KM vein discovery: 5.92m at 60.22 g/t Au, including 1.16m at 294.77 g/t Au, orthogonal to Lucky Shot shear zone.
- 20 HQ diamond drill holes completed (2,063m) from four stations; ~40 more planned, phase ends April 2026.
- Confirms continuity of L2, L1b, L1c veins; feasibility study with DSO approach targeted for H1 2027.
- Additional highlights: LSU25050: 0.31m at 99.75 g/t Au (KM); LSU26041: 0.50m at 82.33 g/t Au (L1c).
- Drilling from underground infrastructure allows precise targeting; Visible gold observed in multiple intercepts.