Manh Choh fuels Contango's next generation
Original announcement by miningnewsnorth on
- Company
- Contango Silver and Gold Inc.
- Ticker
- Unavailable
- Exchange
- Unavailable
- Region
- Alaska
- Primary commodity
- Gold
- Secondary commodities
- Silver, Zinc, Copper, Lead
- Document categories
- Resource update, Drill results
- Extracted
- 2026-09-16 15:46:53 UTC
Analysis by Minestarters Atlas
Atlas analysis published:
Minestarters Atlas analysis
Summary
Contango Silver and Gold Inc. is advancing a multi-project pipeline in Alaska and British Columbia, supported by cash flow from the Manh Choh satellite mine. Recent highlights include bonanza-grade gold intercepts at the Lucky Shot project and updated resource estimates for the Johnson Tract and Kitsault Valley districts.
Reasoning: The document reports high-grade drill intercepts at Lucky Shot and provides updated resource figures for multiple projects, signaling significant operational progress.
Positive factors
- Bonanza grade intercepts reported at Lucky Shot
- Multiple projects advancing simultaneously
- Cash flow from Manh Choh supporting exploration
Negative factors
- Surface drilling program finished earlier than planned due to weather
Facts used in scoring: 11
Classification and evidence
Bonanza Interceptpositive
Exceptionally high-grade zone, well above the deposit-type norm.
Why it applies: 0.17m at 972.1 g/t gold is an exceptional high-grade zone.
Evidence · text
“0.17 meters averaging 972.1 g/t gold from the L1d vein”
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: The document reports indicated resources for Lucky Shot and Johnson Tract.
Evidence · text
“Lucky Shot hosts 226,963 metric tons of indicated resource”
Extracted facts
Stored fact records: 11. Some facts used in scoring do not have a stored record.
Drill Results (4)
L1dLucky Shot · goldGrade: 972.1Grade Unit: g/tIntercept: 0.17 mView all detailsHide details
Identity
- Hole ID
- L1d
- Project
- Lucky Shot
- Commodity
- gold
- Region
- usa_ak
- Reported Region
- usa_ak
Geometry
- Grade
- 972.1
- Grade Unit
- g/t
- Intercept
- 0.17 m
Classification
- Sample Type
- drill
QA/QC
- QA/QC Disclosed
- Yes
- QA/QC Methods
- blanks
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-11T00:00:00.000Z
Reasoning: 972.1 g/t gold is an exceptional bonanza grade intercept.
Positive factors
- Bonanza grade intercept
Evidence · text
“0.17 meters averaging 972.1 g/t gold from the L1d vein”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is 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
KMLucky Shot · goldGrade: 60.22Grade Unit: g/tIntercept: 5.92 mView all detailsHide details
Identity
- Hole ID
- KM
- Project
- Lucky Shot
- Commodity
- gold
- Region
- usa_ak
- Reported Region
- usa_ak
Geometry
- Grade
- 60.22
- Grade Unit
- g/t
- Intercept
- 5.92 m
Classification
- Sample Type
- drill
QA/QC
- QA/QC Disclosed
- Yes
- QA/QC Methods
- blanks
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-11T00:00:00.000Z
Reasoning: 60.22 g/t gold over 5.92m is a very strong intercept.
Positive factors
- Strong high-grade intercept
Evidence · text
“5.92 meters averaging 60.22 g/t gold from the KM vein”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is 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
LSS26003Lucky Shot · goldGrade: 81.57Grade Unit: g/tIntercept: 0.5 mView all detailsHide details
Identity
- Hole ID
- LSS26003
- Project
- Lucky Shot
- Commodity
- gold
- Region
- usa_ak
- Reported Region
- usa_ak
Geometry
- Grade
- 81.57
- Grade Unit
- g/t
- Intercept
- 0.5 m
Classification
- Sample Type
- drill
QA/QC
- QA/QC Disclosed
- Yes
- QA/QC Methods
- blanks
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-11T00:00:00.000Z
Reasoning: 81.57 g/t gold is a high-grade surface intercept.
Positive factors
- High grade intercept
Evidence · text
“0.5 meters averaging 81.57 g/t gold in hole LSS26003”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is 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
LSS26016Lucky Shot · goldGrade: 86.05Grade Unit: g/tIntercept: 2.45 mView all detailsHide details
Identity
- Hole ID
- LSS26016
- Project
- Lucky Shot
- Commodity
- gold
- Region
- usa_ak
- Reported Region
- usa_ak
Geometry
- Grade
- 86.05
- Grade Unit
- g/t
- Intercept
- 2.45 m
Classification
- Sample Type
- drill
QA/QC
- QA/QC Disclosed
- Yes
- QA/QC Methods
- blanks
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-11T00:00:00.000Z
Reasoning: 86.05 g/t gold over 2.45m is a strong high-grade intercept.
Positive factors
- High grade intercept
Evidence · text
“2.45 meters averaging 86.05 g/t gold in LSS26016”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is 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 (7)
indicatedLucky Shot · goldTonnes: 226963Grade: 14.5Grade Unit: g/tContained Metal: 105620Contained Unit: ozView all detailsHide details
Identity
- Project
- Lucky Shot
- Commodity
- gold
- Region
- usa_ak
- Reported Region
- Alaska
Resource scope
- Estimate type
- resource
- Resource group id
- resource:462455529d62e556b697
- Deposit or zone
- Lucky Shot
Resource Data
- Category
- indicated
- Tonnes
- 226963
- Grade
- 14.5
- Grade Unit
- g/t
- Contained Metal
- 105620
- Contained Unit
- oz
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-11T00:00:00.000Z
Reasoning: 14.5 g/t gold is a high-grade indicated resource.
Positive factors
- High grade indicated resource
Evidence · text
“Lucky Shot hosts 226,963 metric tons of indicated resource averaging 14.5 grams per metric ton gold, or 105,620 oz”
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
inferredLucky Shot · goldTonnes: 82058Grade: 9.5Grade Unit: g/tContained Metal: 25110Contained Unit: ozView all detailsHide details
Identity
- Project
- Lucky Shot
- Commodity
- gold
- Region
- usa_ak
- Reported Region
- Alaska
Resource scope
- Estimate type
- resource
- Resource group id
- resource:1dfff7fb29d38d8e3fd9
- Deposit or zone
- Lucky Shot
Resource Data
- Category
- inferred
- Tonnes
- 82058
- Grade
- 9.5
- Grade Unit
- g/t
- Contained Metal
- 25110
- Contained Unit
- oz
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-11T00:00:00.000Z
Reasoning: 9.5 g/t gold is a strong grade for an inferred resource.
Positive factors
- High grade inferred resource
Evidence · text
“82,058 metric tons of inferred resource averaging 9.5 g/t gold, or 25,110 oz”
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
indicatedJohnson Tract · goldTonnes: 3490000Grade: 5.33Grade Unit: g/tView all detailsHide details
Identity
- Project
- Johnson Tract
- Commodity
- gold
- Region
- usa_ak
- Reported Region
- Alaska
Resource scope
- Estimate type
- resource
- Resource group id
- resource:162cf963ef01bc9c9cf0
- Deposit or zone
- JT Deposit
Resource Data
- Category
- indicated
- Tonnes
- 3490000
- Grade
- 5.33
- Grade Unit
- g/t
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-11T00:00:00.000Z
Reasoning: 5.33 g/t gold is a strong indicated grade.
Positive factors
- Significant indicated resource
Evidence · text
“JT Deposit at Johnson Tract hosts 3.49 million metric tons of indicated resource averaging 5.33 g/t gold”
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
indicatedJohnson Tract · silverTonnes: 3490000Grade: 6Grade Unit: g/tView all detailsHide details
Identity
- Project
- Johnson Tract
- Commodity
- silver
- Region
- usa_ak
- Reported Region
- Alaska
Resource scope
- Estimate type
- resource
- Resource group id
- resource:162cf963ef01bc9c9cf0
- Deposit or zone
- JT Deposit
Resource Data
- Category
- indicated
- Tonnes
- 3490000
- Grade
- 6
- Grade Unit
- g/t
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-11T00:00:00.000Z
Reasoning: 6 g/t silver is a standard byproduct grade.
Evidence · text
“averaging 5.33 g/t gold, 6 g/t silver”
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
indicatedJohnson Tract · zincTonnes: 3490000Grade: 5.21Grade Unit: %View all detailsHide details
Identity
- Project
- Johnson Tract
- Commodity
- zinc
- Region
- usa_ak
- Reported Region
- Alaska
Resource scope
- Estimate type
- resource
- Resource group id
- resource:162cf963ef01bc9c9cf0
- Deposit or zone
- JT Deposit
Resource Data
- Category
- indicated
- Tonnes
- 3490000
- Grade
- 5.21
- Grade Unit
- %
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-11T00:00:00.000Z
Reasoning: 5.21% zinc is a strong grade for a DSO operation.
Evidence · text
“5.21% zinc”
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
indicatedJohnson Tract · copperTonnes: 3490000Grade: 0.56Grade Unit: %View all detailsHide details
Identity
- Project
- Johnson Tract
- Commodity
- copper
- Region
- usa_ak
- Reported Region
- Alaska
Resource scope
- Estimate type
- resource
- Resource group id
- resource:162cf963ef01bc9c9cf0
- Deposit or zone
- JT Deposit
Resource Data
- Category
- indicated
- Tonnes
- 3490000
- Grade
- 0.56
- Grade Unit
- %
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-11T00:00:00.000Z
Reasoning: 0.56% copper is a moderate grade.
Evidence · text
“0.56% copper”
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
indicatedJohnson Tract · leadTonnes: 3490000Grade: 0.67Grade Unit: %View all detailsHide details
Identity
- Project
- Johnson Tract
- Commodity
- lead
- Region
- usa_ak
- Reported Region
- Alaska
Resource scope
- Estimate type
- resource
- Resource group id
- resource:162cf963ef01bc9c9cf0
- Deposit or zone
- JT Deposit
Resource Data
- Category
- indicated
- Tonnes
- 3490000
- Grade
- 0.67
- Grade Unit
- %
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-11T00:00:00.000Z
Reasoning: 0.67% lead is a standard byproduct grade.
Evidence · text
“0.67% lead”
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
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.