secwatch.observer — SEC 8-K summary
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Issuer:     Contango Silver & Gold Inc. (CTGO)
CIK:        0001502377
Form:       8-K
Filed at:   2026-06-29T21:29:49+00:00
Accession:  0001193125-26-288774
Event type: other_material
Sentiment:  positive
Materiality: 0.85
Item codes: 1.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Contango settles Lucky Shot milestone payments for $5M cash + 100k shares; receives $9M Peak Gold JV distribution
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- Settled up to $18.75M in Lucky Shot milestone obligations for $5M cash and 100,000 shares (~$1.57M) via MIPA Amendment.
- Received $9M cash distribution from Peak Gold JV on June 25, 2026 from second 2026 Manh Choh production campaign.
- Lucky Shot surface drill program started June 22 with 29 holes (~6,800m) targeting infill and step-out.
- Kitsault Valley drilling exceeds 14,000m; updated MRE expected late July 2026.
- All remaining 11,000 oz of 2026 gold hedge contracts delivered ahead of schedule.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1502377/000119312526288774/0001193125-26-288774-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1502377/000119312526288774/ctgo-20260623.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-288774

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