Contango Silver & Gold Exceeds Kitsault Drill Target, Advances Alaska Projects
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Contango Silver & Gold completed 56,492 meters of drilling at Kitsault—about 40% above plan—and advanced infrastructure and drilling across its Alaska projects.
Key Highlights:
- Kitsault drilling exceeded the 40,000-meter target; assay results are expected over the next 2–3 months.
- At Johnson Tract, the 2.6-mile access road, portal laydown area and a camp pad planned for 2027 were completed ahead of schedule.
- Lucky Shot began its first modern drilling program on the vein system’s eastern extent, with 3,650 meters planned from the 2070 East Drift.
- Contango expects 2026 production at the lower end of its 40,000-ounce gold-equivalent guidance; third-quarter unit cash costs are expected to resemble Q2.
Original SEC Filing: Contango Silver & Gold Inc. [ CTGO ] - 8-K - Oct. 28, 2026
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