Contango ORE, Inc. (OTC:CTGO) recently completed a transaction that repositions the Company as a well-capitalized US gold developer with a clear path to producing on average 65,000 GEO/year at AISC of $750/GEO. With less than 6 million shares issued and $35 million cash on hand, the Company can easily meet its obligations to fund through to production without dilution. Think about the free
…More cash flow per share at current gold prices! How can they do this? The Company recently formed a new partnership with Kinross Gold Corporation - The Peak Gold JV (Kinross 70% and Contango 30% with Kinross as Manager and Operator). Ore from the Peak Gold JV will be processed at Kinross' existing Fort Knox mining and milling complex.