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Contango Silver & Gold CTGO Exploration — Depreciation Nonproduction
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Where this comes from
Reported directly by Contango Silver & Gold in its filing.
Tagged under the XBRL concept us-gaap:DepreciationNonproduction.
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 |
|---|---|---|---|---|
| Lucky Shot | $(2,933,315) | — | — | $(2,933,315) |
| 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 |
Item 1 - Financial Statements
FAQ
- What is Contango Silver & Gold's exploration — depreciation nonproduction?
- Contango Silver & Gold (CTGO) reported exploration — depreciation nonproduction of $36.94K in Q1 2026.
- How has Contango Silver & Gold's exploration — depreciation nonproduction changed year-over-year?
- Contango Silver & Gold's exploration — depreciation nonproduction increased by 18.4% year-over-year, from $31.2K to $36.94K.
- What is the long-term trend for Contango Silver & Gold's exploration — depreciation nonproduction?
- Over 2 years (2023 to 2025), Contango Silver & Gold's exploration — depreciation nonproduction has grown at a 0.9% compound annual growth rate (CAGR), from $128.21K to $130.54K.
- What does exploration — depreciation nonproduction mean?
- Reflects the systematic allocation of the cost of tangible assets that are not currently utilized in active mineral production. This expense accounts for the wear and tear or obsolescence of equipment used in exploration and administrative support functions.
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