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Contango ORE announced a significant gold discovery at its Lucky Shot project, intersecting a high-grade zone of 972.10 grams per ton gold during its ongoing underground exploration and development program.
The company stated that these results underscore the potential of its ongoing activities at the site and reaffirm its commitment to advancing the project. Full details of the latest developments can be found in Contango ORE's official press release.
Contango ORE recently began new underground development at the Lucky Shot mine, focusing on the West Drift extension and KM Vein system testing, according to a previous company update. Earlier this year, the company also outlined plans for North American gold and silver growth ahead of the Rule Symposium, emphasizing a strategy for sector leadership in a separate announcement. These developments form the backdrop for the latest discovery at Lucky Shot.