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
Drill Intercepts ⛏
8/1086.05 g/t · 2.45m
Analyst Takeaways
- The 86.05 g/t gold intercept over 2.45 meters represents high-grade gold mineralization that significantly exceeds typical industry standards and demonstrates the Lucky Shot Project's potential for economic ore zones.
- Discovery of two previously unmodeled KM-style mineralized vein structures in the West Drift Extension suggests the underground exploration program is expanding the known mineral inventory beyond pre-existing models.
- Initial 2026 surface drilling results combined with underground development achievements indicate Contango is making material progress on multiple exploration fronts at the Lucky Shot Project.
- The identification of additional KM-style mineralization structures indicates the project may host a larger mineralized system than previously recognized, potentially supporting larger reserve and resource estimates.
- Results from both surface drilling and underground development provide multiple data points for resource estimation and demonstrate active advancement toward project development.
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Fairbanks, Alaska--(Newsfile Corp. - September 2, 2026) - Contango Silver and Gold Inc. (NYSE American: CTGO) (TSX: CTGO) ("Contango" or the "Company") is pleased to announce initial gold assay results from the 2026 surface diamond drilling program at the Lucky Shot Project in Alaska, provide an update on underground exploration development, and report two previously unmodeled KM-style mineralized vein structures encountered during development of the West Drift Extension.HighlightsLSS26016...
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