Contango Silver & Gold Intersects 2.45 Meters Grading 86.05 g/t Gold at Lucky Shot and Additional KM-Style Mineralization in West Drift Extension
Contango reported initial results from its 2026 surface drill program at the Lucky Shot project in Alaska, headlined by hole LSS26016, which returned 2.45 meters grading 86.05 g/t gold — including 0.80 meters at 244.30 g/t — from the Coleman 3 vein extension. The surface program is roughly 93% complete at about 5,700 of a planned 6,000 meters across 27 holes, while underground development has advanced 332 of 830 meters, with the West Drift Extension finished to design and full completion expected in the middle of Q4 2026.
Key figures
- Other highlight
- 0.50 m @ 81.57 g/t Au (LSS26003)
- Visible gold holes
- 5 of 7 holes
- Drill holes completed
- 27
- Best included interval
- 0.80 m @ 244.30 g/t Au
- Meters drilled planned
- 6000
- Best intercept length m
- 2.45
- Meters drilled completed
- 5700
- Best intercept grade gpt au
- 86.05
- Development completion target
- middle of Q4 2026
- Peak stockpile hand sample gpt au
- 395.1
- Underground development planned m
- 830
- Underground development completed m
- 332
AI analysis
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