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Contango Silver & Gold CTGO Exploration — Accretion Expense
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Where this comes from
Reported directly by Contango Silver & Gold in its filing.
Tagged under the XBRL concept us-gaap:AccretionExpense.
The source filing: Contango Silver & Gold’s 10-Q, filed May 14, 2026.
- Filed
- May 14, 2026, 8:00 AM EDT
- Fiscal quarter
- Q1 FY2026
- Calendar quarter
- Q1 2026
- Accession
- 0001193125-26-222855
| Three Months Ended March 31, 2026 | Exploration | Peak Gold JV | Corporate and other reconciling items | Consolidated |
|---|---|---|---|---|
| General exploration | $(35,142) | — | — | $(35,142) |
| Total exploration | $(3,834,816) | — | — | $(3,834,816) |
| Depreciation | $(36,943) | — | $(2,647) | $(39,590) |
| Accretion | $(82,332) | — | — | $(82,332) |
| General and administrative | $(178,919) | — | $(3,684,920) | $(3,863,839) |
| Total expenses | $(4,261,271) | — | $(3,687,567) | $(7,948,838) |
| Income from equity investment in Peak Gold, LLC | — | $12,758,228 | — | $12,758,228 |
| Total income/(loss) from operations | $(4,261,271) | $12,758,228 | $(3,687,567) | $4,809,390 |
Item 1 - Financial Statements
FAQ
- What is Contango Silver & Gold's exploration — accretion expense?
- Contango Silver & Gold (CTGO) reported exploration — accretion expense of $82.33K in Q1 2026.
- What does exploration — accretion expense mean?
- Represents the periodic increase in the carrying amount of an asset retirement obligation due to the passage of time. This is a non-cash expense related to the future costs of site reclamation and environmental remediation.
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