Company Profile & Strategy - Contango Ore Inc's (CTGO) market capitalization is $163 million[12] - The company's corporate strategy is to become a mid-tier gold producer, targeting 200,000 GEO/year in Alaska using a Direct Ship Ore (DSO) approach[125, 126] - Contango's portfolio is focused on Alaskan projects, including the Manh Choh Mine (30% ownership), Lucky Shot Mine (100% ownership), and Johnson Tract Project (100% ownership)[17, 18, 19] Manh Choh Mine - Manh Choh Mine started commercial production in July 2024[22] - The mine is projected to produce approximately 60,000 GEO in 2025, with a mix of hedged (70%) and spot (30%) sales[21] - The Life of Mine (LOM) free cash flow is estimated at ~$320 million at a gold price of $2,800/oz[21] - Contango received $24 million in cash distributions from the Peak Gold JV in Q1 2025[33] Lucky Shot Mine - Lucky Shot Mine has a current resource of 110,000 GEO at 14.5 g/t[21] - The company plans to drill and develop 400,000-500,000 GEO at Lucky Shot, targeting 30,000 – 40,000 GEO annual production[21] - Combined segments of Lucky Shot Vein Resources Indicated: 226,963 tonnes, Au Grade 14.5 g/t, Au Ounces 105,620[65] Johnson Tract Project - Johnson Tract Project has a current resource of 1.1 Moz at 9.4 g/t GEO[21] - An Initial Assessment released in May 2025 shows a Post-Tax NPV5 of $224.5 million and a 30.2% IRR, with a 7-year LOM and a 1.3-year discounted payback period[21] - The project is targeting 100,000 GEO annual production[21]

EXHIBIT 99.1 NEWS RELEASE CONTANGO ORE, INC. Facilities ("DOT"). The lawsuit related to trucking ore from Manh Choh to Fort Knox. We are pleased with dismissal of the lawsuit and its potential favorable impacts for the Manh Choh project and for trucking related to mining projects in general. On May 6, 2025, we announced the completion of a Technical Report Summary ("TRS") on the Johnson Tract Project, which summarized the results of an Initial Assessment ("IA") of the potential viability for a seven-year LO ...

Table of Contents FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-35770 CONTANGO ORE, INC. (Exact name of registrant as specified in its charter) UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 (907) 888-4273 (Registrant's telephone nu ...

Core Viewpoint - Contango ORE, Inc. reported significant improvements in its financial performance for Q1-2025 compared to Q1-2024, with total income from operations of $19.3 million and a net loss of $22.3 million, primarily due to non-cash expenses related to derivative contracts [2][8]. Financial Performance - Total income for operations in Q1-2025 was $19.3 million, a substantial increase from a loss of $2.9 million in Q1-2024 [2]. - The net loss for Q1-2025 was $22.3 million, which included a non-cash expense of $40.5 million from an unrealized loss on derivative contracts [2][8]. - The unrestricted cash position as of March 31, 2025, was $35.0 million, up from $20.1 million as of December 31, 2024 [2]. Gold Production and Costs - Contango sold 17,382 ounces of gold in Q1-2025, with cash costs on a by-product basis of $1,334 per ounce and all-in-sustaining costs (AISC) of $1,374 per ounce [2][11]. - The company’s share of gold production from the Peak Gold JV is expected to reach 60,000 ounces in 2025, with a life-of-mine average annual production estimated at 58,750 ounces per year until 2029 [4]. Cash Flow and Investments - Net cash provided from operating activities was $28.6 million for Q1-2025, a significant improvement from a net cash used of $4.4 million in Q1-2024 [7]. - Cash used in investing activities was zero for Q1-2025, compared to $15.5 million in Q1-2024, which was related to development costs for the Peak Gold JV [7]. Legal and Regulatory Developments - The Committee for Safe Communities dismissed their lawsuit against the State of Alaska DOT regarding trucking ore from Manh Choh to Fort Knox, which is expected to have favorable impacts on the project [5]. Project Updates - The Technical Report Summary on the Johnson Tract Project indicates robust economics with a net present value (NPV) exceeding $400 million at current gold prices, supporting the potential for a seven-year underground mining operation [6][14]. - The Peak Gold JV processed 323,000 tons of ore in Q1-2025, yielding approximately 65,000 ounces of recovered gold, of which Contango's share was 19,500 ounces [11].

Summary of Contango Ore (CTGO) Update / Briefing May 08, 2025 Company Overview - **Company**: Contango Ore (CTGO) - **Project Focus**: Johnson Track project located in Lower Cook Inlet, Alaska Key Points and Arguments Project Economics - The Johnson Track project has a **Net Present Value (NPV)** of **$225 million** and an **Internal Rate of Return (IRR)** of **30%** [9][20] - The project is expected to produce approximately **60,000 ounces of gold** in the current year [7] - The average gold equivalent grade is **7.58 grams per ton**, with a resource grade of **9.4 grams per ton** [21][55] - Initial capital costs are estimated at **$214 million**, including **$36 million** for contingencies [22][24] - The project has a **payback period** of just over **one year** [24][32] Mining and Development Strategy - The mining method will primarily utilize **long hole stoping**, which is cost-effective for the underground mine [33][34] - The project will involve a **one-kilometer tunnel** for access, which is designed to facilitate efficient ore extraction [16][41] - The mine plan includes a **seven-year mine life**, with production ramping up in the first year [52][71] - The project is designed to minimize environmental impact, with all development work planned in an unmineralized area to avoid acid rock drainage [19][92] Market Sensitivity and Pricing - The project is sensitive to gold prices, with projections showing an NPV of **$400 million** at **$3,000 gold** and **$600 million** at **$4,000 gold** [26] - The base case gold price used for projections is **$2,200** [38] Capital Allocation and Funding - The company plans to use cash flow from the **Montchaux project** to fund the development of Johnson Track [44][100] - Future funding may involve a combination of **equity and debt**, with a focus on maintaining financial flexibility [61][62] Community Engagement and Permitting - Community engagement is prioritized, particularly with the **Cook Inlet Regional Corporation (Siri)**, which owns the land [85][88] - The permitting process is ongoing, with a focus on ensuring compliance with mining operation standards [41][45] Exploration Potential - There is significant upside potential for increasing the size of the ore body, as the deposit is open at depth and along strike [66][70] - The mineralization style is related to a **porphyry system**, indicating potential for further discoveries [68] Operational Adjustments - The company is considering **ore sorting** as a method to enhance operational efficiency and reduce costs [58][59] - The project is robust even at lower gold prices, maintaining a positive NPV at **$1,800 gold** [60] Environmental Considerations - Environmental management is a key focus, with plans to address water quality and contamination risks during the feasibility study [93][94] Additional Important Content - The company is cautious about using **streaming financing**, preferring traditional debt options due to improved cash flow from operations [95][98] - The **average all-in sustaining cost (ASIC)** is projected at **$860 per gold equivalent ounce**, which includes operational and sustaining capital expenditures [48][49] This summary encapsulates the critical insights from the conference call regarding the Johnson Track project and the strategic direction of Contango Ore.

Company Performance - Contango ORE, Inc. (CTGO) has gained approximately 39.5% year-to-date, significantly outperforming the Basic Materials sector, which has returned an average of 4.1% [4] - The Zacks Consensus Estimate for CTGO's full-year earnings has increased by 23.8% over the past 90 days, indicating improved analyst sentiment and a more positive earnings outlook [3] - Contango ORE, Inc. holds a Zacks Rank of 1 (Strong Buy), suggesting strong potential for continued performance [3][7] Industry Context - Contango ORE, Inc. is part of the Mining - Miscellaneous industry, which includes 58 companies and currently ranks 164 in the Zacks Industry Rank [6] - The Mining - Miscellaneous industry has gained an average of 5.1% year-to-date, indicating that CTGO is outperforming its industry peers [6] - Another stock in the Basic Materials sector, EMX Royalty Corp. (EMX), has also shown strong performance with a year-to-date increase of 25.4% and a Zacks Rank of 1 (Strong Buy) [4][5]

FAIRBANKS, Alaska, April 30, 2025 /PRNewswire/ - Contango ORE, Inc. ("Contango" or the "Company") (NYSE American: CTGO) announces that Contango is in Washington DC this week for the annual 'Alaska On The Hill' event. The Company is joined by 120 of its fellow Alaskans from across the various businesses to bring Alaska's unique business voice to the Nation's Capital to advocate for a healthy Alaskan economy and a secure future for Alaska.Rick Van Nieuwenhuyse, the Company's President and CEO stated, "We are ...

Equity Insider News CommentaryIssued on behalf of RUA GOLD Inc.VANCOUVER, BC, April 25, 2025 /PRNewswire/ -- Equity Insider News Commentary – Despite the hyperactivity in the markets and with gold prices, analysts at JP Morgan are still predicting $4,000/oz gold prices by Q2 2026. And the optimism for gold bugs doesn't end there, as a new report from Morningstar Equity Research is highlighting how these high gold prices support gold miner stocks. Now analysts from Jefferies are raising their price targets f ...

Core Points - Contango ORE, Inc. has nominated two new independent directors, Michael Cinnamond and Clynton Nauman, to its board of directors [2][3] - The company will hold its 2025 Annual Meeting of Stockholders virtually on June 10, 2025, with proxy materials sent to stockholders after April 29, 2025 [1][4] - Current directors Joe Compofelice and Curtis Freeman will not stand for re-election, with their terms ending at the Annual Meeting [2][3] Company Overview - Contango ORE, Inc. is engaged in gold exploration in Alaska and holds a 30% interest in the Peak Gold Joint Venture, which covers approximately 675,000 acres [6] - The company also has leases on the Johnson Tract and Lucky Shot projects, along with 100% ownership of approximately 8,600 acres of mining claims in Alaska [6] - The Peak Gold Joint Venture is operated by Kinross Gold Corporation, which owns the remaining 70% [6]

For those looking to find strong Basic Materials stocks, it is prudent to search for companies in the group that are outperforming their peers. Has Contango ORE, Inc. (CTGO) been one of those stocks this year? By taking a look at the stock's year-to-date performance in comparison to its Basic Materials peers, we might be able to answer that question.Contango ORE, Inc. is a member of the Basic Materials sector. This group includes 232 individual stocks and currently holds a Zacks Sector Rank of #15. The Zack ...