Contango ORE, Inc. (NYSE American: CTGO) is a New York Stock Exchange-American company. Contango is on the brink of becoming a strong cash flow generating company. Our Manh Choh project (70/30 JV with Kinross as operator) is fully permitted, fully funded and construction is on budget and ahead of schedule to achieve production in 2024. The large mining equipment has arrived on site with actual mining and stockpiling already started. A ground breaking ceremony took place on August 29th. With $1116 AISC and today’s gold price we should generate over $50 million of annual in free cash flow and with less than 10 million shares o/s Contango a top pick! Better yet, what we have done with our Manh Choh discovery (develop it without permitting, capitalizing, and building a mill and tailings facility) we will do again with our Lucky Shot project where we recently released a small but very high-grade resource averaging ½ per ton. Lucky Shot is a mesothermal vein system with excellent exploration upside which we have already demonstrated!
Rick Van Nieuwenhuyse
President, CEO & Director
Mr. Van Nieuwenhuyse was appointed to serve as President, Chief Executive Officer, and director of the Company effective January 6, 2020. He previously served as President and Chief Executive Officer of Trilogy Metals Inc. from January 2012 until December 2019. Between May 1999 and January of 2012, he served as the President and Chief Executive Officer of NovaGold, Inc, a company that he founded. He served as the Vice President of Exploration for Placer Dome from 1990 to 1997. Mr. Van Nieuwenhuyse holds a Candidature degree in Science from Université de Louvain, Belgium and a Master of Science degree in Geology from the University of Arizona. Mr. Van Nieuwenhuyse currently serves on the board of directors of American Copper Development Company and Valhalla Metals. He served on the board of directors of Sandfire Resources America, Inc. (formerly, Tintina Resources Inc.) from 2008 until 2016. Mr. Van Nieuwenhuyse has over forty years of experience in the minerals mining industry and brings significant industry and technical knowledge to the Company.
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