Contago Ore - Manh Choh Production Update and Forecasts, Johnson Tract Deposit Drilling Overview
Rick Van Nieuwenhuyse, President and CEO of Contango Ore (NYSE-A:CTGO) joins me to provide an update on the production at the Manh Choh Mine and the exploration drill program that just started at the Johnson Tract Deposit.
We start with the first batch of gold production from the Manh Choh Gold Mine, which announced first gold pour on June 25th and the first batch of gold production on August 19th. Rick outlines the forecasts and ramp-up expectations, confirming that initial production exceeded feasibility study projections.
We then move on to discuss the exploration at the Johnson Tract Deposit, acquired earlier this year, detailing the 3,000-meter surface drilling program aimed at gathering critical data for underground mining and environmental permitting. Rick then provides an update on the Lucky Shot Project, which was put on hold this year but scheduled for surface and underground drilling next year.
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