Contango Ore Included in Global Junior Gold Miners Index (GDXJ)
Contango Ore, a NYSE American listed company, has announced its inclusion in the Global Junior Gold Miners Index (GDXJ). This milestone marks a significant achievement for the company, which aims to become a 200,000 gold equivalent ounce producer over the next five years. The inclusion in the GDXJ will bring broader market awareness for Contango Ore, allowing the company to continue executing on its growth plan.
Key Takeaways:
- Contango Ore has been included in the Global Junior Gold Miners Index (GDXJ) as of September 19, 2025, following the quarterly review and rebalancing of the index.
- The inclusion represents a significant milestone for the company, enhancing its market visibility and credibility.
- Contango Ore aims to become a 200,000 gold equivalent ounce producer over the next five years, with the inclusion in the GDXJ expected to contribute to this goal.
- The company holds a 30% interest in the Peak Gold JV, which leases approximately 675,000 acres of land for exploration and development on the Manh Choh project.
- Contango Ore's subsidiaries also hold leases on the Johnson Tract and Lucky Shot projects, as well as a 100% interest in approximately 8,600 acres of peripheral State of Alaska mining claims and 145,000 acres of State of Alaska mining claims.
- Forward-looking statements released by Contango Ore involve risks and uncertainties, including operational risks, geological uncertainties, and market fluctuations.
Statistics:
- 200,000 gold equivalent ounces: Contango Ore's production target over the next five years.
- 675,000 acres: The total area leased by the Peak Gold JV for exploration and development on the Manh Choh project.
- 30%: Contango Ore's interest in the Peak Gold JV.
- 5 years: The timeframe within which Contango Ore aims to reach its production target of 200,000 gold equivalent ounces.
- $ billion: The estimated market capitalization of the Global Junior Gold Miners Index (GDXJ).
Sources:
- PR Newswire
- Contango Ore's press release
- Global Junior Gold Miners Index (GDXJ) website
- VanEck Junior Gold Miners ETF (GDXJ) website