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Contango Silver & Gold Intersects 972.10 g/t Gold at Lucky Shot and Continues Underground Exploration Development Program

$CTGOPress releaseJun 16, 2026, 8:00 AM ETRead the release

Contango reported final assay results from the initial phase of underground drilling at the Lucky Shot Project, highlighted by an intercept of 972.10 g/t gold over 0.17 meters in hole LSU26091. The first phase comprised 65 holes totaling 6,020 meters, and the company has mobilized contractor GMS to resume underground development, having completed 43 meters of lateral advancement.

Key figures

Phase1 drill holes
65
Program length meters
18000
Phase1 drilling meters
6020
High grade intercept g t
972.1
Planned excavation meters
800
Next phase drilling meters
12000
High grade intercept width m
0.17
Development advancement meters
43

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