“Eighty Thousand Ounces of Gold Production in 2027” projects Contango’s CEO Rick Van Nieuwenhuyse

About this episode

Bill Powers interviews Contango Silver and Gold CEO Rick Van Nieuwenhuyse about the company's gold production forecasts and financial strategies.

MSE host Bill Powers interviews Contango Silver and Gold CEO Rick Van Nieuwenhuyse for a quarterly update. Contango produced about 8,000 oz of gold in Q1 from its 30% share of the Manh Choh Mine with 2026 guidance maintained at 40,000–45,000 Au oz due to the transition from the North Pit to pre-stripping the larger South Pit; production is expected to rise through the year, with higher output projected later (including 75,000–80,000 oz in 2027) and lower costs after pre-stripping. The company reduced its hedge book to ~22,000 oz and expects to be hedge-free and debt-free by year-end, and received a $9M JV dividend with three more expected this year. They discuss gold/silver price volatility, anticipated index buying, Lucky Shot drilling and feasibility work under a direct-ship ore model, Johnson Tract permitting and site prep with a March 2028 permit timeline, and a June Kitsault Valley resource update targeting near 100M oz silver followed by ~40,000 m of drilling, alongside evaluating mill acquisition options and post-merger integration. 00:00 Intro 00:48 Q1 Production and Guidance 02:38 Hedges Debt and Dividends 03:32 Gold Price and Cash Flow Outlook 05:48 Hedging Strategy…

People in this episode

Host: Bill Powers

Guest: Rick Van Nieuwenhuyse

Topics covered

• gold production
• mining updates
• financial guidance
• hedging strategy
• resource exploration

Keywords

• gold production
• Contango Silver and Gold
• Rick Van Nieuwenhuyse
• hedging strategy
• mining updates
• Kitsault Valley
• Johnson Tract
• Manh Choh Mine

Mentioned in this episode

Organizations: Contango Silver and Gold

Places: Manh Choh Mine, Johnson Tract, Kitsault Valley

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