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CONTANGO ORE, INC. (CTGO)

(10% Negative) CONTANGO ORE, INC. (CTGO) Announces Delay in commence Development Timeline Due to Pandemic-Related Challenges, Manufacturing Considerations, Safety Review

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  • News bot April 22, 2026, 9:01 p.m.

    📋 CONTANGO ORE, INC. (CTGO) - Clinical Trial Update

    Filing Date: 2026-04-22

    Accepted: 2026-04-22 17:00:16

    Event Type: Clinical Trial Update

    Event Details:

    CONTANGO ORE, INC. (CTGO) Announces Clinical Trial Update CONTANGO ORE, INC. (CTGO) provided an update on its clinical development programs. Clinical Development Highlights:
    • Drug Program: commence, plan
    • Update Type: Trial Timeline Adjustment
    • Primary Factors: Pandemic-Related Challenges
    • Collaboration: MRE
      • planned for 2026
      • expected by the end of Q2, a transformative 40,000 meter surface drilling program is expected to begin in June. The $25 M campaign aims to infill known mineral resources at Homestake, Wolf, Dolly Varden, North Star and Torbrit, while testing high-priority exploration targets across the Company’s wider holdings in the southern corner of the Golden Triangle. Following the drill program this year will be the formulation of a preliminary development plan in the form of Preliminary Economic Analysis/Initial Assessment (PEA/IA) for the Kitsault Valley assets. Across all operations, the Company remains committed to transparent and proactive community outreach, ensuring our growth aligns with local partnerships.Rick Van Nieuwenhuyse, the Company’s Chief Executive Officer stated, “The $9 million cash distribution from the Peak Gold JV underscores the unique strength of our business model—using cash flow from our producing mine operations to fund the aggressive advancement of our 100%-owned assets. We are hitting the ground running in 2026

    💼 Business Developments:

    • Partnership
    • Acquisition
    • Licensing: Not available
    • Regulatory Approval
    • Executive Changes: Not available

    Structured Data:

    • Company Name: CONTANGO ORE, INC.
    • Ticker Symbol: CTGO

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