other material
confidence high
sentiment positive
materiality 0.70
Contango receives $9M cash distribution from Peak Gold JV; outlines 2026 exploration plan
Contango Silver & Gold Inc.
- Peak Gold JV distributed $9M to Contango on March 25, 2026, providing funding for 2026 exploration program.
- Lucky Shot: 5,900m underground drilling completed; total 18,000m planned in 2026; Feasibility Study due H1 2027.
- Johnson Tract: $17M budget for access road construction, camp winterization, and FAST-41 permitting in 2026.
- Kitsault Valley: New MRE due Q2 2026; 40,000m drilling campaign to start June 2026; PEA/IA due H1 2027.
- CEO says company fully funded with strongest balance sheet and nearly 60,000m of drilling planned in 2026.