CTGO Profile
Contango Ore, Inc. is an exploration-stage mining company focused on the discovery and development of gold and associated minerals in the United States. Founded in 2009 and headquartered in Houston, Texas, the company is dedicated to advancing its portfolio of mineral exploration projects, which includes significant land holdings and resource potential in Alaska. Contango Ore operates through its subsidiaries and holds extensive exploration rights across various regions in Alaska.
The company's key assets include approximately 675,000 acres leased from the Tetlin Tribal Council and around 13,000 State of Alaska mining claims. These holdings provide a robust foundation for the exploration and development of gold and associated mineral deposits. Additionally, Contango Ore leases about 8,600 acres of State of Alaska and patented mining claims from Alaska Hard Rock, Inc., further expanding its exploration footprint.
Contango Ore also possesses 100% ownership of mineral rights to roughly 214,600 acres of State of Alaska mining claims located north and northwest of the Manh Choh Project. This strategic land position supports the company's ongoing exploration efforts and potential resource development. The company’s Shamrock property is another notable asset, comprising 361 Alaska state mining claims covering approximately 52,700 acres, enhancing its exploration portfolio.
The company is actively exploring copper and silver deposits in addition to its primary focus on gold, demonstrating a commitment to diversifying its mineral exploration activities. As Contango Ore continues to advance its exploration programs and assess its substantial land holdings, it aims to uncover significant mineral resources that could drive future growth and value creation for shareholders.
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