Investor Presentaiton
LOWER RISK & REDUCED TIMELINE
TO PRODUCTION DECISION
$18 million Program in 2021:
Resource In-fill, Hydrology,
Geotechnical and Metallurgical;
•
With $2 million Exploration drilling
to potentially expand the mine life
•
•
•
.
Initial permitting activities are expected to
commence in parallel with the drilling;
Peak Gold JV expects to complete Feasibility Study
by the end of 2022 and Permitting in 2023;
Wetlands Dredge and Fill (404) Permit from
USACE;
Other Permits Issued by State of Alaska
Production expected to
commence in 2024
DRILLING
FEASIBILITY
STUDY
PERMITTING &
FEASIBILITY
CONSTRUCTION
PRODUCTION
Community Engagement
• Tetlin Tribe has indicated their support for
the project development plan;
Continued Community Engagement
Project construction expected to
take approximately 1 year
starting in 2023
Image used with permission from Kinross
28
CONTANGO OREView entire presentation