Contango Announces $9.0 Million Cash Distribution from the Peak Gold JV and Update on 2026 Exploration Plans
Contango received a $9 million cash distribution from the Peak Gold JV on March 25, 2026, shortly after the JV completed its first of four planned 2026 campaigns. The company outlined a fully funded 2026 exploration roadmap totaling over $60 million, including a $21 million program at Lucky Shot and a $25 million campaign at Kitsault Valley.
Key figures
- Kitsault budget usd
- 25000000
- Lucky shot budget usd
- 21000000
- Johnson tract budget usd
- 17000000
- Peak jv distribution usd
- 9000000
- Kitsault drilling planned m
- 40000
- Lucky shot drilling planned m
- 12100
- Lucky shot drilling completed m
- 5900
AI analysis
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