Contango ORE Reports Q3-2024 Earnings: Gold Production Commences at Manh Choh, Strong Financial Position Fuels Growth

Contango ORE, Inc. (CTGO) announced strong Q3-2024 earnings, highlighting the commencement of gold production at its Manh Choh project and a robust financial position. The company achieved significant cash flow from operations, enabling debt reduction and expansion of its other projects, including Lucky Shot and Johnson Tract. Contango’s positive outlook is driven by the successful execution of its Direct Shipping Ore (DSO) approach, which minimizes environmental impact and accelerates project timelines.

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