Contango Ore – Development Update At Manh Choh, Initial Resource At Lucky Shot, Answering Your Questions On The Stock Volatility
Rick Van Nieuwenhuyse, President and CEO of Contango Ore (NYSE-A:CTGO) joins me to provide an update on the development at the Manh Choh Project, including a recent technical report, recap the initial resource estimate at Lucky Shot, and answer your questions on the recent stock volatility. Both Projects are in Alaska.
I have Rick compare some of the key numbers in the technical report at Manh Choh to the most recent Feasibility Study, produced by Kinross. We also discuss when Contango Ore could receive the first cash-flow from the mine as well as any exploration potential on the Project.
At Lucky Shot, the initial resource estimate was released on June 12th. We focus on the 2 areas that comprise the total resource as well as where the Company will target next for growth.
If you have any follow up questions, like the one that Rick answers at the end of the interview, please email me at Fleck@kereport.com.
Click here to visit the Contango Ore website to read over the recent news we discussed.
are miners factoring more rate hikes effect on gold and dollar?…is that the cause of this action?…glta