Disseminated on behalf of: Contango Silver & Gold Inc.
Shawn Khunkhun, President of Contango Silver & Gold (NYSE: CTGO | TSX: CTGO), discusses the company’s focus on building a North America-based, high-grade gold and silver producer with a scalable pipeline of assets. Operating across Alaska and British Columbia’s Golden Triangle, the company’s goal is to grow production from approximately 60,000 ounces annually toward 100,000 to 200,000 ounces as new mines come online.
As demand for precious metals strengthens amid macro uncertainty and resource security concerns, Contango Silver & Gold is positioning itself to capitalize on a dual-metal production strategy supported by cash flow and development upside.
Integrated production and development model
Unlike many peers, Contango Silver & Gold combines existing cash flow with a high-grade development pipeline anchored by proven operating expertise. According to Shawn Khunkhun, “The new company … is a North America-focused, high-grade gold and silver producer with a pipeline of projects that’s going to have the life-of-mine production … grow with new mines coming on like Lucky Shot.”
This approach integrates producing assets such as Manh Choh with advanced exploration projects like Kitsault Valley, creating a balanced model that supports both revenue generation and long-term growth. The company’s track record of advancing Manh Choh from feasibility to production in approximately two-and-a-half years demonstrates its ability to execute efficiently, de-risk assets, and accelerate timelines across its portfolio.
Precious metals demand and valuation upside
With safe-haven demand and supply constraints reshaping the precious-metals landscape, Contango Silver & Gold is strategically positioned to capture emerging demand for both gold and silver. The company highlights a production profile that includes approximately five million ounces of silver from the Dolly Varden assets alongside growing gold output.
Trading at roughly two-times next year’s cash flow, management sees a disconnect between valuation and asset potential. As Khunkhun notes, “Our pipeline isn’t valued in the current valuation,” pointing to significant optionality across its asset base. By focusing on high-grade jurisdictions with strong infrastructure and supportive First Nations partnerships, the company aims to provide investors with leveraged exposure to both cash flow and exploration upside.
Drilling, resource expansion, and development pipeline
Recent milestones include the completion of the Contango Ore and Dolly Varden merger, ongoing drilling at the Lucky Shot mine, and permitting efforts at Johnson Tract. Upcoming catalysts will include a new mineral resource estimate at Kitsault Valley, and the launch of a 40,000-metre drill program. The company also reported a new discovery at Lucky Shot, where it intersected 60 grams per tonne gold over six metres at the KM Vein.
“Some of those catalysts that we have to unlock are ongoing drilling,” Khunkhun says, highlighting a steady pipeline of near-term news flow. In parallel, Contango continues to advance permitting at Johnson Tract and generate production updates from Manh Choh, reinforcing a multi-asset strategy that spans exploration, development, and production.
As Contango Silver & Gold continues to expand its production base and advance high-grade assets, it stands at the intersection of precious-metals demand and disciplined project execution. With cash flow, exploration catalysts, and a growing resource pipeline, the company is positioned to deliver scalable growth across North America.
Transcript
Shawn Khunkhun
I am pleased to announce a successful merger between Contango Ore and Dolly Varden Silver Corporation. The new company, known as Contango Silver & Gold, is a North America-focused, high-grade gold and silver producer with a pipeline of projects that’s going to have the life-of-mine production, which is 60,000 ounces a year, grow with new mines coming on like Lucky Shot to 100,000 ounces to 200,000 ounces. And with the Dolly Varden Silver Project, five million ounces of silver.
Kitsault Valley, located in B.C.’s prolific Golden Triangle, has got a strong density of high-grade precious metals projects, strong infrastructure, and supportive First Nations. Dolly Varden’s projects have seen significant growth that include five past-producing mines, a new mineral resource estimate, and a 40,000-metre drill program is going to be driven forward from the team of Contango Silver & Gold, who took the Manh Choh Mine from feasibility into production in two and a half years, that has the cash flow and the expertise to take the Kitsault Valley asset through exploration, through development, and back into production.
From a valuation perspective, we’re trading at (approximately) two-times next year’s cash flow, so there’s an incredible opportunity from the cash flow valuation. In terms of the mineral inventories, the optionality is not being priced into the company. So, our pipeline isn’t valued in the current valuation. And some of those catalysts that we have to unlock are ongoing drilling.
So, we had a new discovery at the Lucky Shot where we hit the KM Vein, which was 60 grams of gold over six metres. We have a new mineral resource estimate from the Kitsault Valley. We’re also launching a 40,000-metre drill program. We’ve got ongoing production news from Manh Choh, and we’re continuing to move Johnson Tract forward through permitting.
For investors looking to gain exposure to gold and silver, Contango Silver & Gold, a new North American emerging mid-tier producer, is exposing investors to cash flow, a high-grade development pipeline, and ongoing commitment to exploration.
About Contango Silver & Gold Inc.
Contango Silver & Gold is a premier, North American mid-tier precious metals producer, developer and explorer. By uniting high-grade gold production and development stage assets in Alaska with district-scale silver advanced-stage exploration in British Columbia, we have created a high-margin platform for non-dilutive growth.
To learn more about Contango Silver & Gold, visit their website.
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