Contango Ore: Advancing High-Grade Gold Production
Contango Ore is set to deliver substantial cash flow through its robust high-grade gold mining operations with low sustaining costs.
Building Strong Cash Flow from One of the World’s Highest-Grade Open-Pit Gold Mines
Contango Ore, led by President and CEO Rick Van Nieuwenhuyse, is positioned to become a significant player in high-grade gold production. Generating approximately 67,500 ounces of gold annually with an all-in sustaining cost of $1,116 per ounce, the company is expected to see substantial free cash flow, especially with gold prices currently around $2,500. Contango’s project, which stands among the world’s highest-grade open-pit gold mines, is projected to yield over 200,000 ounces, showcasing a strong financial foundation and promising long-term value.
With a focus on optimizing production and cost-efficiency, Contango Ore’s high-grade reserves represent a robust investment in the future of sustainable gold mining. Positioned to capitalize on high market prices and resilient cost structures, the company is well-poised to make a lasting impact in the gold sector.
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