Contango ORE, Inc. provided the final drilling results obtained during the Phase III 2016 drilling program being conducted by Peak Gold, LLC, a joint venture between the company and Royal Alaska, LLC. The data below includes 11 new drill holes and new intervals for previously released drill holes as shown on the accompanying base map. Sample intervals are calculated using 0.5 grams per tonne (gpt) lower cut off for gold with no internal waste less than cutoff grade that is greater than 3 meters in thickness. Intercepts shown are drill intercept lengths.