Contango Intersects 140.23 g/t Gold over 0.63 Meters and 18.16 g/t Gold over 3.65 Meters at Lucky Shot and Advances KM Vein Drilling
Contango reported new surface drill results from Lucky Shot, headlined by 140.23 g/t gold over 0.63 meters and 18.16 g/t over 3.65 meters, with visible gold observed in multiple holes. The 2026 surface program drilled roughly 5,800 meters in 27 holes, and underground development is 54% complete with KM vein drilling 10 of 17 planned holes done.
Key figures
- Best interval
- 140.23 g/t Au over 0.63 meters
- Surface holes
- 27
- Target feasibility
- updated MRE H1 2027, feasibility targeting 5-year mine plan
- Second best interval
- 18.16 g/t Au over 3.65 meters
- Km vein holes planned
- 17
- Surface meters drilled
- 5800
- Km vein holes completed
- 10
- Target annual production oz
- 40,000 to 50,000
- Underground development planned m
- 830
- Underground development completed m
- 450
- Underground development complete pct
- 54%
AI analysis
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