Gold Trend is Up, Output to Grow 500 Percent by 2030 | Gold Royalty's John Griffith
Original announcement by investingnews on
- Company
- Contango Silver & Gold
- Ticker
- CTGO
- Exchange
- Unavailable
- Region
- British Columbia
- Primary commodity
- Silver
- Secondary commodities
- Gold
- Document categories
- Other, Resource update, Drill results, Metallurgy
- Extracted
- 2026-10-07 01:17:30 UTC
Analysis by Minestarters Atlas
Atlas analysis published:
Minestarters Atlas analysis
Summary
Contango Silver & Gold has released an updated mineral resource estimate for its Kitsault Valley project in British Columbia. The update shows a 93% increase in indicated resources, now totaling 89.55 Moz AgEq.
Reasoning: The document reports a substantial update to the Kitsault Valley mineral resource, showing significant growth in indicated silver equivalent resources.
Positive factors
- Significant tonnage and metal growth in indicated category
- Strong silver equivalent grades
- Project progressing on time and budget
Facts used in scoring: 5
Classification and evidence
Tonnage Growthpositive
Significant tonnage increase (≥15%) vs prior estimate with grade maintained or improved.
Why it applies: Indicated resources increased by 93 percent.
Evidence · text
“demonstrates a 93 percent increase in indicated resources”
Step-Out Extensionpositive
Mineralization extended beyond the previously known limit.
Why it applies: Hole SC26-003 is a step out of previous drilling.
Evidence · text
“a step out of about 32 metres down plunge from previous drilling”
Mill Routeneutral
Processing via mill or concentrator (CIL, CIP, tank leach, flotation).
Why it applies: the document describes a flotation route ("concentrate")
Extracted facts
Stored fact records: 5. Some facts used in scoring do not have a stored record.
Drill Results (2)
SC26-003Steller · goldGrade: 6.15Grade Unit: g/tIntercept: 14 mView all detailsHide details
Identity
- Hole ID
- SC26-003
- Project
- Steller
- Commodity
- gold
- Region
- canada_yt
- Reported Region
- canada_yt
- Ticker
- CTGO
Geometry
- Grade
- 6.15
- Grade Unit
- g/t
- Intercept
- 14 m
Classification
- Sample Type
- drill
- Group ID
- SC26-003:0-14
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-06T00:00:00.000Z
Reasoning: High-grade gold intercept reported as a step-out.
Positive factors
- Strong grade for the project
Evidence · text
“14 meters of 6.15 grams per tonne (g/t) gold and 124 g/t silver (8.04 g/t gold equivalent)”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
SC26-003Steller · silverGrade: 124Grade Unit: g/tIntercept: 14 mView all detailsHide details
Identity
- Hole ID
- SC26-003
- Project
- Steller
- Commodity
- silver
- Region
- canada_yt
- Reported Region
- canada_yt
- Ticker
- CTGO
Geometry
- Grade
- 124
- Grade Unit
- g/t
- Intercept
- 14 m
Classification
- Sample Type
- drill
- Group ID
- SC26-003:0-14
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-06T00:00:00.000Z
Reasoning: Strong silver grade accompanying the gold intercept.
Positive factors
- Significant silver grade
Evidence · text
“14 meters of 6.15 grams per tonne (g/t) gold and 124 g/t silver (8.04 g/t gold equivalent)”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Resource Estimates (2)
indicatedKitsault Valley · silverTonnes: 7660000Grade: 363Grade Unit: g/tContained Metal: 89.55Contained Unit: mozView all detailsHide details
Identity
- Project
- Kitsault Valley
- Commodity
- silver
- Ticker
- CTGO
Resource scope
- Estimate type
- resource
- Resource group id
- resource:c8b1bfa4377749e05331
Resource Data
- Category
- indicated
- Tonnes
- 7660000
- Grade
- 363
- Grade Unit
- g/t
- Contained Metal
- 89.55
- Contained Unit
- moz
Metal Equivalent
- Metal Eq. Grade
- 363
- Metal Eq. Unit
- g/t AgEq
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-06T00:00:00.000Z
Reasoning: Significant growth in indicated silver equivalent resource.
Positive factors
- 93 percent increase in indicated resources
Evidence · text
“89.55 million ounces (Moz) silver equivalent (AgEq) with 7.66 million tonnes (Mt) at 363 grams per tonne (g/t) AgEq”
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
inferredKitsault Valley · silverTonnes: 6310000Grade: 320Grade Unit: g/tContained Metal: 64.92Contained Unit: mozView all detailsHide details
Identity
- Project
- Kitsault Valley
- Commodity
- silver
- Ticker
- CTGO
Resource scope
- Estimate type
- resource
- Resource group id
- resource:c8d386a4185a04daa68e
Resource Data
- Category
- inferred
- Tonnes
- 6310000
- Grade
- 320
- Grade Unit
- g/t
- Contained Metal
- 64.92
- Contained Unit
- moz
Metal Equivalent
- Metal Eq. Grade
- 320
- Metal Eq. Unit
- g/t AgEq
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-06T00:00:00.000Z
Reasoning: Substantial inferred resource reported.
Positive factors
- Large inferred resource base
Evidence · text
“64.92 Moz AgEq, with 6.31 Mt at 320 g/t AgEq”
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Metallurgical Results (1)
Fact 1Becker-Cochran prospect · antimonyRecovery: 93.9 %View all detailsHide details
Identity
- Project
- Becker-Cochran prospect
- Commodity
- antimony
- Ticker
- CTGO
Recovery
- Recovery
- 93.9 %
- Conc. Grade
- 66.9
- Conc. Grade Unit
- %
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-06T00:00:00.000Z
Reasoning: Preliminary metallurgical testing shows strong results for antimony.
Positive factors
- High recovery and concentrate grade above premium threshold
Evidence · text
“66.9 percent antimony at 93.9 percent recovery”
How Atlas produces this analysis
Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.