Contango ORE, Inc., based in Houston, TX, is a mining company with a 30% interest in the Manh Choh open pit gold mine in Alaska, operated in partnership with Kinross Gold Corporation. The company benefits from utilizing Kinross' Fort Knox mill complex for ore processing, resulting in reduced capital costs, a smaller environmental footprint, and accelerated project development.
With all necessary permits in place, Contango ORE is actively engaged in mining operations at the Manh Choh site, with plans to process ore at the Fort Knox mill complex starting in 2024. The project is expected to yield an annual gold production of 225,000 ounces, with a significant portion credited to Contango's account, as outlined in the Feasibility Study Technical Report.
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