Contango ORE Inc Invites You to Join Us at the Red Cloud 2022 Very Pre-PDAC Mining Showcase

Toronto, Ontario--(Newsfile Corp. - February 24, 2022) - Contango ORE Inc (NYSE American: CTGO) is pleased to announce that the company will be presenting at Red Cloud's 2022 Very Pre-PDAC Mining Showcase. We invite our shareholders and all interested parties to join us there.

Contango is uniquely positioned as a junior exploration and development company by owning a 30% interest in the Manh Choh project in Alaska in partnership with Kinross. The joint venture plans to send ore from Manh Choh to Kinross' Fort Knox milling operation outside of Fairbanks, Alaska thereby eliminating the need to build, capitalize, and permit a new operation. Contango's share of production will average 66,000 GEO (gold equivalent ounces) per year starting in 2024 with AISC of $750/oz. Permitting was initiated on Manh Choh in 2021, a Feasibility study is underway and expected to be complete in 2022 with construction beginning in 2023, and production in 2024. Contango was recently uplisted to the NYSE American Exchange (NYSE American: CTGO) providing greater exposure to the public markets and uniquely positioned for growth. Contango owns 100% of the Lucky Shot Project and three other large acreage land positions outside of the joint venture, all with significant gold exploration potential. Lucky Shot represents an exciting opportunity for the Company to expand its gold resources and plans are currently underway to explore and develop a sizable resource at Lucky Shot.

The annual conference will be a virtual event this year and will take place from March 2-4, 2022.

Rick Van Nieuwenhuyse, President & CEO will be presenting on March 3rd at 1:40 PM Eastern Standard time.

For more information and/or to register for the conference please visit: https://www.redcloudfs.com/prepdac2022/.

We look forward to seeing you there.

For further information:

Contango ORE Inc
Rick Van Nieuwenhuyse
713-877-1311
rickvann@contangoore.com
www.contangoore.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/114756