Contango intercepts 506 g/t AgEq over 13.9m at Torbrit; step-out drilling confirms Kitsault silver system

Contango Silver & Gold Inc.

DV26-480 (Torbrit): 506 g/t AgEq over 13.90 m, incl. 881 g/t AgEq over 2.30 m within 304 g/t AgEq over 25.00 m.
DV26-494 (North Star): 807 g/t AgEq over 4.96 m, incl. 2,254 g/t AgEq over 1.00 m; confirms 300 m step-out connectivity.
DV26-488: 2,878 g/t AgEq over 0.98 m within 1,576 g/t AgEq over 2.00 m; DV26-515: 262 g/t AgEq over 33.50 m plus 165 g/t AgEq over 66.35 m.
2026 drilling expanded to 50,000+ m from 40,000 m; 34 holes reported; results excluded from MRE update due this month, feed 2027 MRE.
Silver accounts for ~90-94% of AgEq grades; structural link proven between Torbrit and North Star beneath valley floor.

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