Contango Silver & Gold announced initial high-grade silver assay results from its 2026 drilling program at the Kitsault Valley Project in British Columbia. The drilling confirmed a mineralized zone connecting the Torbrit and North Star silver deposits, indicating they are part of a single, interconnected system, which could support a unified mine plan.
Key Details
- Torbrit Deposit Highlight: Drill hole DV26-480 intersected 506 g/t silver equivalent (AgEq) over 13.90 meters, including a higher-grade zone of 881 g/t AgEq over 2.30 meters.
- North Star Deposit Highlight: Drill hole DV26-494 intersected 807 g/t AgEq over 4.96 meters, including a high-grade interval of 2,254 g/t AgEq over 1.00 meter.
- Strategic Development: The results confirm a mineralized corridor between the Torbrit and North Star deposits, which were previously modeled as separate. This finding supports a potential single, integrated mine plan with shared infrastructure.
- Program Expansion: Due to operational efficiencies, the 2026 drill program has been expanded from 40,000 meters to over 50,000 meters. These results represent upside for future resource estimates, as they are not included in the MRE update due later in September 2026.