Project UpdateMay 26, 2026, 05:02 PM
Contango Starts 40,000-meter 2026 Drill Program at Kitsault Valley
AI Summary
Contango Silver & Gold Inc. announced the commencement of its 2026 Kitsault Valley surface drill program, involving approximately 40,000 meters of drilling. The program, which currently has three active diamond drills and expects two more, will primarily focus on infill and resource expansion at the Dolly Varden, Wolf, and Homestake Ridge deposits. This drilling aims to support a new resource update and a preliminary economic study anticipated in the first half of 2027. Additionally, about 10,000 meters are allocated for exploration holes in the highly prospective Golden Triangle of British Columbia, building on the exciting discovery of Torbrit style mineralization at Wolf from the 2025 season.
Key Highlights
- Contango commenced its 2026 Kitsault Valley surface drill program with three active diamond drills.
- The 2026 drill program will consist of approximately 40,000 meters of drilling.
- Drilling focuses on infill and resource expansion at Dolly Varden, Wolf, and Homestake Ridge deposits.
- Approximately 10,000 meters of the program will be for exploration holes in the Golden Triangle.
- The program supports a new resource update and a preliminary economic study expected in H1 2027.
- Drill hole DV25-470 at Wolf intersected 518 g/t Ag, 0.19% Pb, 0.34% Zn over 0.52 meters.
Price Impact
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