Contango Silver & Gold Inc Fully Unhedged and Poised for Production Boost

Contango Silver & Gold Inc (CTGO) has made significant progress in its Q2 financials, according to a recent earnings call. The company is now fully unhedged, providing shareholders with direct exposure to rising gold prices.

The acquisition of Lucky Shot's mineral claims and royalty reduces future costs and consolidates district control, supporting the feasibility study and 2027 production decision.

Exploration drilling at Kitsault Valley has exceeded efficiency targets, with 5,000-10,000 additional meters expected within budget. A new resource estimate is due this quarter.

Cash flow is set to improve significantly, with projected JV distributions of about $36 million in the second half of 2026, potentially exceeding $60 million for the year at current gold prices.