Investor Presentaiton
Contango Exploration Plan for Lucky Shot Project
5 New Drillholes:
LSU001-005
Assays pending
Drill Stations every ~75m
LIFootwall Drift
+373500 E
+6852000 N
Objective:
Define 500,000 ounces of gold
resource by drilling Lucky Shot
vein down dip from historically
produced 250,000 ounces
averaging 40g/t 1
Historic Workings
+372000 E
Enserch Tunnel
Existing tunnel
slashed to 10' x 12'
+6851500 N
+1050
+372500 E
+900
Stage 1A:
New Tunnel Development &
Pilot Drill Hole Program -
completed
-
Stage 1B:
Intersect Vein in Enserch Tunnel and
•
take Bulk Sample;
.
Shot Vein
Develop Footwall Drift Parallel to Lucky
Drill up-drip and down-dip extension of
LS Vein
+373000 E
New Tunnel
(950' 10' x 12')
5 New Pilot Drillholes:
LSU001-005
Assays pending
Bulk Sampling
through vein
Hangingwall
definition drilling
Azimuth 262
Plunge oo
Footwall
definition drilling
100
15
✓ Rehab and extend existing Enserch tunnel to explore the
Lucky Shot vein down-dip - prep for exploration drilling in
three stages:
Stage 1a Drift 500 meters along footwall and parallel to
vein for detailed in-fill drilling;
• Stage 1b Continue Enserch tunnel as a ramp into hanging
wall side of vein and drill a second panel down dip on Lucky
Shot vein
• Stage 2: Connect Enserch and Lucky Shot tunnels
Stage 3: Access historic M&I Resources 1 at Coleman zone
by building a ramp from the Enserch level to the Coleman
level in an effort to add ounces to the mine plan
Evaluate District Scale potential
1 The historical production information presented is based upon reports filed by the prior owners and operators of
the mines. The Company has not undertaken any independent work to verify or confirm the previously reported
information.
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/A
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