Contango Silver & Gold's Manh Choh Cash Funds Path to 200koz Gold & 5Moz Silver Annual Production - Crux Investor

AI desk brief

Contango expects attributable 2026 Manh Choh gold output near the low end of 40,000–45,000 oz after rain disrupted Fort Knox processing. CEO Rick Van Nieuwenhuyse’s preliminary 2027 estimate is about 70,000 oz and $150 million free cash flow, below published production guidance of 75,000–80,000 oz and pending formal December guidance. Management says existing cash flow can fund Lucky Shot toward targeted 2028 production of 40,000–50,000 oz annually, but its five-year ambition of 200,000 oz gold and 5 Moz silver depends on larger projects requiring unresolved processing arrangements, capital and some equity. These developments chiefly affect Contango; no material near-term bullion effect is established.