# Gold Trend is Up, Output to Grow 500 Percent by 2030 \| Gold Royalty's John Griffith

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/gold-trend-is-up-output-to-grow-500-percent-by-2030-gold-royalty-s-john-griffith--a30acf79-0453-4971-9781-f5b7ceeaf162

Original source: https://investingnews.com/gold-royalty-john-griffith/

Publisher: investingnews

Original announcement: 2026-10-06T21:55:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: 2026-10-07T01:17:30.050Z

Atlas analysis updated: 2026-10-07T01:17:30.050Z

- 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

Narrative sentiment: 0.60 · Bullish

## Minestarters Atlas 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 factor: Significant tonnage and metal growth in indicated category

- Positive factor: Strong silver equivalent grades

- Positive factor: Project progressing on time and budget

Facts used in scoring: 5

## Classification and evidence

**Tonnage Growth**

Polarity: positive

Definition: 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 Extension**

Polarity: positive

Definition: 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 Route**

Polarity: neutral

Definition: 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)

### SC26-003

[Link to this fact](https://atlas-staging.minestarters.com/news/gold-trend-is-up-output-to-grow-500-percent-by-2030-gold-royalty-s-john-griffith--a30acf79-0453-4971-9781-f5b7ceeaf162#fact-drill-facts-0)

Steller · gold

#### 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 factor: 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 Disclosure**

Polarity: negative

Definition: 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 Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### SC26-003

[Link to this fact](https://atlas-staging.minestarters.com/news/gold-trend-is-up-output-to-grow-500-percent-by-2030-gold-royalty-s-john-griffith--a30acf79-0453-4971-9781-f5b7ceeaf162#fact-drill-facts-1)

Steller · silver

#### 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 factor: 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 Disclosure**

Polarity: negative

Definition: 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 Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

## Resource Estimates (2)

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/gold-trend-is-up-output-to-grow-500-percent-by-2030-gold-royalty-s-john-griffith--a30acf79-0453-4971-9781-f5b7ceeaf162#fact-resource-facts-3)

Kitsault Valley · silver

#### 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 factor: 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 Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/gold-trend-is-up-output-to-grow-500-percent-by-2030-gold-royalty-s-john-griffith--a30acf79-0453-4971-9781-f5b7ceeaf162#fact-resource-facts-4)

Kitsault Valley · silver

#### 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 factor: Large inferred resource base

Evidence · text

> 64.92 Moz AgEq, with 6.31 Mt at 320 g/t AgEq

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: 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 1

[Link to this fact](https://atlas-staging.minestarters.com/news/gold-trend-is-up-output-to-grow-500-percent-by-2030-gold-royalty-s-john-griffith--a30acf79-0453-4971-9781-f5b7ceeaf162#fact-metallurgical-facts-2)

Becker-Cochran prospect · antimony

#### 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 factor: 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.