# Manh Choh fuels Contango's next generation

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/manh-choh-fuels-contango-s-next-generation--75ec550b-c602-4fc9-b7d0-e0664a0f7964

Original source: https://www.miningnewsnorth.com/story/2026/09/11/news/manh-choh-fuels-contangos-next-generation/9863.html

Publisher: miningnewsnorth

Original announcement: 2026-09-11T00:00:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: 2026-09-16T15:46:52.465Z

Atlas analysis updated: 2026-09-16T15:46:52.465Z

- 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

Narrative sentiment: 0.60 · Bullish

## Minestarters Atlas 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 factor: Bonanza grade intercepts reported at Lucky Shot

- Positive factor: Multiple projects advancing simultaneously

- Positive factor: Cash flow from Manh Choh supporting exploration

- Negative factor: Surface drilling program finished earlier than planned due to weather

Facts used in scoring: 11

## Classification and evidence

**Bonanza Intercept**

Polarity: positive

Definition: 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 Resource**

Polarity: positive

Definition: 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)

### L1d

[Link to this fact](https://atlas-staging.minestarters.com/news/manh-choh-fuels-contango-s-next-generation--75ec550b-c602-4fc9-b7d0-e0664a0f7964#fact-drill-facts-0)

Lucky Shot · gold

#### 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 factor: Bonanza grade intercept

Evidence · text

> 0.17 meters averaging 972.1 g/t gold from the L1d vein

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 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

### KM

[Link to this fact](https://atlas-staging.minestarters.com/news/manh-choh-fuels-contango-s-next-generation--75ec550b-c602-4fc9-b7d0-e0664a0f7964#fact-drill-facts-1)

Lucky Shot · gold

#### 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 factor: 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 Disclosed**

Polarity: positive

Definition: 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 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

### LSS26003

[Link to this fact](https://atlas-staging.minestarters.com/news/manh-choh-fuels-contango-s-next-generation--75ec550b-c602-4fc9-b7d0-e0664a0f7964#fact-drill-facts-2)

Lucky Shot · gold

#### 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 factor: High grade intercept

Evidence · text

> 0.5 meters averaging 81.57 g/t gold in hole LSS26003

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 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

### LSS26016

[Link to this fact](https://atlas-staging.minestarters.com/news/manh-choh-fuels-contango-s-next-generation--75ec550b-c602-4fc9-b7d0-e0664a0f7964#fact-drill-facts-3)

Lucky Shot · gold

#### 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 factor: High grade intercept

Evidence · text

> 2.45 meters averaging 86.05 g/t gold in LSS26016

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 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 (7)

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/manh-choh-fuels-contango-s-next-generation--75ec550b-c602-4fc9-b7d0-e0664a0f7964#fact-resource-facts-4)

Lucky Shot · gold

#### 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 factor: 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 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/manh-choh-fuels-contango-s-next-generation--75ec550b-c602-4fc9-b7d0-e0664a0f7964#fact-resource-facts-5)

Lucky Shot · gold

#### 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 factor: 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 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

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/manh-choh-fuels-contango-s-next-generation--75ec550b-c602-4fc9-b7d0-e0664a0f7964#fact-resource-facts-6)

Johnson Tract · gold

#### 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 factor: 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 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

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/manh-choh-fuels-contango-s-next-generation--75ec550b-c602-4fc9-b7d0-e0664a0f7964#fact-resource-facts-7)

Johnson Tract · silver

#### 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 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

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/manh-choh-fuels-contango-s-next-generation--75ec550b-c602-4fc9-b7d0-e0664a0f7964#fact-resource-facts-8)

Johnson Tract · zinc

#### 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 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

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/manh-choh-fuels-contango-s-next-generation--75ec550b-c602-4fc9-b7d0-e0664a0f7964#fact-resource-facts-9)

Johnson Tract · copper

#### 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 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

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/manh-choh-fuels-contango-s-next-generation--75ec550b-c602-4fc9-b7d0-e0664a0f7964#fact-resource-facts-10)

Johnson Tract · lead

#### 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 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

**No Contained Metal**

Polarity: negative

Definition: 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.