Contango Starts Second Campaign of Gold Ore Processing at Kinross Fort Knox Mill in Alaska
Portfolio Pulse from Benzinga Newsdesk
Contango ORE, Inc. has commenced its second campaign of gold ore processing at the Kinross Fort Knox mill in Alaska. The company has also received a key permit for infrastructure development and is advancing its Johnson Tract project with a new economic assessment and ongoing drilling.
September 09, 2024 | 9:05 am
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Contango ORE, Inc. has started its second campaign of gold ore processing at the Kinross Fort Knox mill, which is expected to continue until late September. The company has also received a 404 Wetlands Permit for infrastructure development and is advancing its Johnson Tract project with a Preliminary Economic Assessment and ongoing drilling.
The start of the second gold ore processing campaign at a major mill is a positive operational development for Contango ORE, Inc. Additionally, receiving a key permit and advancing the Johnson Tract project with economic assessments and drilling are significant steps forward, likely to positively impact the company's stock in the short term.
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