Mining Stock Daily

Rick Van Nieuwenhuyse on Contango ORE's Plans to Acquire HighGold Mining in Alaska

05.07.2024 - By Trevor HallPlay

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In this episode, Kylie chats with Rick Van Nieuwenhuyse,

President and CEO of Contango, about the company's proposal to acquire HighGold Mining and their plans for

the Johnson Track project in Alaska, alongside the company's existing Manh Choh and Lucky Shot projects.

HighGold's Johnson Track project meets their criteria of being near infrastructure, having good grade, and being relatively simple to permit. They aim to avoid the lengthy and complicated process of permitting a mill, tailing facility, and power plant. Rick also talks about their other project, Lucky Shot, which is fully permitted and high grade. He emphasizes the importance of building positive relationships with indigenous groups and the need for investment in exploration and development projects despite the current market conditions.

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