Contango Reports Drill Results from the Lucky Shot Project in Alaska

MT newswire2026/10/06 12:48

08:48 AM EDT, 10/06/2026 (MT Newswires) -- Contango Silver and Gold (CTGO.TO) provided additional gold assays from its 2026 surface diamond drilling program at the Lucky Shot project in Alaska. The results confirmed the continuity of the Coleman segment within the Lucky Shot vein system and tightened the location of previously mined zones at Coleman, the company said Tuesday. Highlights include 140.23 grams per tonne (g/t) of gold over 0.63 meters and 18.16 g/t gold over 3.65 meters. Contango said it will use the results to support an updated mineral resource estimate, scheduled for the first half of 2027, as well as a planned feasibility study. The company's shares closed up CA$0,15 to CA$23.88 Monday on the Toronto Stock Exchange.

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