TNM Drill Down: Contango tops silver assays for past month
Original announcement by northernminer on
- Company
- Contango Silver & Gold
- Ticker
- CTGO
- Exchange
- Unavailable
- Region
- British Columbia
- Primary commodity
- Silver
- Secondary commodities
- Gold, Antimony, Copper, Lead, Zinc
- Document categories
- Drill results, Resource update
- Extracted
- 2026-10-06 10:49:27 UTC
Analysis by Minestarters Atlas
Atlas analysis published:
Minestarters Atlas analysis
Summary
Contango Silver & Gold reported a standout silver intercept of 161 g/t over 66.4m at its Kitsault Valley project. The company also recently released a resource update that significantly increased indicated tonnage and silver-equivalent metal content.
Reasoning: Contango reported a top-ranked silver intercept and a significant resource update boosting indicated tonnage and metal content.
Positive factors
- High-grade silver intercept at Kitsault Valley
- Successful step-out drilling demonstrating continuity
- Significant resource tonnage and metal growth
Facts used in scoring: 11
Classification and evidence
Bonanza Interceptpositive
Exceptionally high-grade zone, well above the deposit-type norm.
Why it applies: 306 g/t silver is exceptionally high grade.
Evidence · text
“17.1 metres of 306 grams silver”
Step-Out Extensionpositive
Mineralization extended beyond the previously known limit.
Why it applies: Step-out drilling successfully intersected mineralization between two deposits.
Evidence · text
“Step-out drilling into the gap between the two deposits successfully intersected mineralization”
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: The Alamos resource is stated as 100% inferred.
Evidence · text
“Alamos is estimated to hold 5.37 million inferred tonnes”
Extracted facts
Stored fact records: 11. Some facts used in scoring do not have a stored record.
Drill Results (6)
DV26-515Kitsault Valley · silverGrade: 161Grade Unit: g/tIntercept: 66.4 mView all detailsHide details
Identity
- Hole ID
- DV26-515
- Project
- Kitsault Valley
- Commodity
- silver
- Region
- canada_bc
- Reported Region
- canada_bc
- Ticker
- CTGO
Geometry
- Grade
- 161
- Grade Unit
- g/t
- Intercept
- 66.4 m
- From
- 98.7 m
- To
- 165.1 m
- Intercept Depth
- 98.7 m
Classification
- Sample Type
- drill
- Group ID
- DV26-515:98.7-165.1
QA/QC
- QA/QC Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-06T00:00:00.000Z
Reasoning: 161 g/t silver over 66.4m is a very strong intercept.
Positive factors
- Exceptional silver grade
Evidence · text
“DV26-515 at Contango’s Kitsault Valley project in northwest British Columbia cut 66.4 metres grading 161 grams silver per tonne from 98.7 metres depth”
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
MR25-235Maverick · silverGrade: 65.7Grade Unit: g/tIntercept: 98.7 mView all detailsHide details
Identity
- Hole ID
- MR25-235
- Project
- Maverick
- Commodity
- silver
- Region
- usa_nv
- Reported Region
- usa_nv
- Ticker
- CTGO
Geometry
- Grade
- 65.7
- Grade Unit
- g/t
- Intercept
- 98.7 m
- From
- 173 m
- To
- 271.7 m
- Intercept Depth
- 173 m
Classification
- Sample Type
- drill
- Group ID
- MR25-235:173-271.7
QA/QC
- QA/QC Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-06T00:00:00.000Z
Reasoning: Strong silver grade, but noted as a twin hole to verify historical mineralization.
Positive factors
- High-grade sub-interval
Negative factors
- Historical context
Evidence · text
“Maverick Hole MR25-235 at Nevada’s Maverick project cut 98.7 metres grading 65.7 grams silver and 0.67 grams gold from 173 metres depth”
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
MR25-235Maverick · goldGrade: 0.67Grade Unit: g/tIntercept: 98.7 mView all detailsHide details
Identity
- Hole ID
- MR25-235
- Project
- Maverick
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- usa_nv
- Ticker
- CTGO
Geometry
- Grade
- 0.67
- Grade Unit
- g/t
- Intercept
- 98.7 m
- From
- 173 m
- To
- 271.7 m
- Intercept Depth
- 173 m
Classification
- Sample Type
- drill
- Group ID
- MR25-235:173-271.7
QA/QC
- QA/QC Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-06T00:00:00.000Z
Reasoning: Gold grade is present alongside silver.
Evidence · text
“MR25-235 at Nevada’s Maverick project cut 98.7 metres grading 65.7 grams silver and 0.67 grams gold from 173 metres depth”
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
MR25-235Maverick · silverGrade: 119.6Grade Unit: g/tIntercept: 47.6 mView all detailsHide details
Identity
- Hole ID
- MR25-235
- Project
- Maverick
- Commodity
- silver
- Region
- usa_nv
- Reported Region
- usa_nv
- Ticker
- CTGO
Geometry
- Grade
- 119.6
- Grade Unit
- g/t
- Intercept
- 47.6 m
Classification
- Sample Type
- drill
- Group ID
- MR25-235:173-271.7
QA/QC
- QA/QC Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-06T00:00:00.000Z
Reasoning: Significant high-grade silver interval within the hole.
Positive factors
- High-grade sub-interval
Evidence · text
“including a high-grade 47.6-metre interval of 119.6 grams silver”
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
MR25-235Maverick · goldGrade: 1.05Grade Unit: g/tIntercept: 47.6 mView all detailsHide details
Identity
- Hole ID
- MR25-235
- Project
- Maverick
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- usa_nv
- Ticker
- CTGO
Geometry
- Grade
- 1.05
- Grade Unit
- g/t
- Intercept
- 47.6 m
Classification
- Sample Type
- drill
- Group ID
- MR25-235:173-271.7
QA/QC
- QA/QC Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-06T00:00:00.000Z
Reasoning: Gold grade in high-grade sub-interval.
Evidence · text
“including a high-grade 47.6-metre interval of 119.6 grams silver and 1.05 grams gold”
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
AL26-230Alamos · silverGrade: 306Grade Unit: g/tIntercept: 17.1 mView all detailsHide details
Identity
- Hole ID
- AL26-230
- Project
- Alamos
- Commodity
- silver
- Region
- mexico
- Reported Region
- mexico
- Ticker
- CTGO
Geometry
- Grade
- 306
- Grade Unit
- g/t
- Intercept
- 17.1 m
- From
- 358.4 m
- To
- 375.5 m
- Intercept Depth
- 358.4 m
Classification
- Sample Type
- drill
- Group ID
- AL26-230:358.4-375.5
QA/QC
- QA/QC Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-06T00:00:00.000Z
Reasoning: 306 g/t silver is an exceptional grade.
Positive factors
- Bonanza Intercept
Evidence · text
“Alamos Hole AL26-230 at the Alamos project in Mexico cut 17.1 metres of 306 grams silver from 358.4 metres depth”
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
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "Alamos Hole AL26-230 at the Alamos project in Mexico cut 17.1 metres of 306 grams silver from 358.4 metres depth"
Resource Estimates (5)
inferredAlamos · silverTonnes: 5370000Grade: 202Grade Unit: g/tContained Metal: 34.8Contained Unit: million oz.View all detailsHide details
Identity
- Project
- Alamos
- Commodity
- silver
- Region
- mexico
- Reported Region
- Mexico
- Ticker
- CTGO
Resource scope
- Estimate type
- resource
- Resource group id
- resource:3db9151f852b9d497bbe
Resource Data
- Category
- inferred
- Tonnes
- 5370000
- Grade
- 202
- Grade Unit
- g/t
- Contained Metal
- 34.8
- Contained Unit
- million oz.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-06T00:00:00.000Z
Reasoning: Resource is entirely in the inferred category.
Negative factors
- Inferred Resource
Evidence · text
“Alamos is estimated to hold 5.37 million inferred tonnes grading 202 grams silver”
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
inferredAlamos · goldTonnes: 5370000Grade: 0.21Grade Unit: g/tContained Metal: 35640Contained Unit: oz.View all detailsHide details
Identity
- Project
- Alamos
- Commodity
- gold
- Region
- mexico
- Reported Region
- Mexico
- Ticker
- CTGO
Resource scope
- Estimate type
- resource
- Resource group id
- resource:3db9151f852b9d497bbe
Resource Data
- Category
- inferred
- Tonnes
- 5370000
- Grade
- 0.21
- Grade Unit
- g/t
- Contained Metal
- 35640
- Contained Unit
- oz.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-06T00:00:00.000Z
Reasoning: Gold grade reported as part of the resource.
Evidence · text
“5.37 million inferred tonnes grading 202 grams silver, 0.21 gram gold”
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
inferredAlamos · copperTonnes: 5370000Grade: 0.43Grade Unit: %Contained Metal: 51Contained Unit: million lb.View all detailsHide details
Identity
- Project
- Alamos
- Commodity
- copper
- Region
- mexico
- Reported Region
- Mexico
- Ticker
- CTGO
Resource scope
- Estimate type
- resource
- Resource group id
- resource:3db9151f852b9d497bbe
Resource Data
- Category
- inferred
- Tonnes
- 5370000
- Grade
- 0.43
- Grade Unit
- %
- Contained Metal
- 51
- Contained Unit
- million lb.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-06T00:00:00.000Z
Reasoning: Copper grade reported as part of the resource.
Evidence · text
“5.37 million inferred tonnes grading 202 grams silver, 0.21 gram gold, 0.43% copper”
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
inferredAlamos · leadTonnes: 5370000Grade: 0.67Grade Unit: %Contained Metal: 114.8Contained Unit: million lb.View all detailsHide details
Identity
- Project
- Alamos
- Commodity
- lead
- Region
- mexico
- Reported Region
- Mexico
- Ticker
- CTGO
Resource scope
- Estimate type
- resource
- Resource group id
- resource:3db9151f852b9d497bbe
Resource Data
- Category
- inferred
- Tonnes
- 5370000
- Grade
- 0.67
- Grade Unit
- %
- Contained Metal
- 114.8
- Contained Unit
- million lb.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-06T00:00:00.000Z
Reasoning: Lead grade reported as part of the resource.
Evidence · text
“5.37 million inferred tonnes grading 202 grams silver, 0.21 gram gold, 0.43% copper, 0.67% lead”
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
inferredAlamos · zincTonnes: 5370000Grade: 1.33Grade Unit: %Contained Metal: 237.8Contained Unit: million lb.View all detailsHide details
Identity
- Project
- Alamos
- Commodity
- zinc
- Region
- mexico
- Reported Region
- Mexico
- Ticker
- CTGO
Resource scope
- Estimate type
- resource
- Resource group id
- resource:3db9151f852b9d497bbe
Resource Data
- Category
- inferred
- Tonnes
- 5370000
- Grade
- 1.33
- Grade Unit
- %
- Contained Metal
- 237.8
- Contained Unit
- million lb.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-06T00:00:00.000Z
Reasoning: Zinc grade reported as part of the resource.
Evidence · text
“5.37 million inferred tonnes grading 202 grams silver, 0.21 gram gold, 0.43% copper, 0.67% lead and 1.33% zinc”
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
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.