An update from Contango ORE ( (CTGO) ) is now available.
Contango ORE, Inc. has announced a $12 million cash distribution from its 30% stake in the Peak Gold JV, linked to the Manh Choh mine in Alaska. This follows successful gold processing campaigns, with a total 2024 production forecast of 38,500 ounces. Investors are keen on Contango’s strategic endeavors in mineral exploration across a substantial acreage in Alaska, highlighting its growth potential in the gold market.
See more insights into CTGO stock on TipRanks’ Stock Analysis page.
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