Contango Silver & Gold Kitsault Drilling Reaches 56,492 Meters, Above 40,000 Plan
Contango Silver & Gold reported an update on its 2026 field season in Alaska and British Columbia, in a press release furnished under Item 7.01. Kitsault drilling totaled 56,492 meters against 40,000 meters originally planned, and Johnson Tract infrastructure was completed ahead of schedule and under budget. The company also said Manh Choh unit cash costs for the third quarter are expected to be similar to second-quarter 2026 levels, and it is guiding to the lower end of its 2026 production guidance.
Key points
- Kitsault: 56,492 meters drilled across 152 holes, versus 40,000 meters planned; drilling completed October 15, 2026, with assays pending over the next 2-3 months
- Johnson Tract: 2.6-mile access road and portal lay down area completed ahead of schedule and under budget; a camp pad originally planned for 2027 was also completed
- Manh Choh: third processing campaign ended September 24, 2026, earlier than planned due to rain and higher reagent use; Q3 unit cash costs expected similar to Q2-2026
- Third-quarter 2026 financial results are scheduled for release in mid-November 2026
The filing
Written by AI on Nov 9, 2026, 8:38 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 28, 2026.
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