Contango Provides Corporate Update Including The Company Being On Track To Produce 60,000 Ounces Of Gold From Manh Choh This Year

Contango ORE, Inc. ("Contango" or the "Company") (NYSE:CTGO) announces that Contango is in Washington DC this week for the annual 'Alaska On The Hill' event. The Company is joined by 120 of its fellow Alaskans from across the various businesses to bring Alaska's unique business voice to the Nation's Capital to advocate for a healthy Alaskan economy and a secure future for Alaska.

Rick Van Nieuwenhuyse, the Company's President and CEO stated, "We are excited to be here in Washington DC to meet with our representatives and other delegates to tell them about the mining industry in general and about production at our Manh Choh gold mine as well as the progress we are making on our two development stage projects - Lucky Shot and Johnson Tract. Johnson Tract specifically is getting a lot of attention from the Trump administration because of our plans to produce 4 critical metals - gold, silver, copper and zinc. Alaska is front and center for the Trump Administration and it's promising to see the federal government fully supporting mining and unleashing Alaska's extraordinary resource potential. We are happy to report that we remain on track to produce 60,000 ounces of gold from Manh Choh this year with our second campaign of 2025 starting in mid-May. Additionally, we expect to have our Johnson Tract PEA out next week and our Q1-2025 financials released shortly thereafter. It is a very exciting time for mining in Alaska, especially for Contango Ore."