#United States #Contango ORE #Fairbanks #Johnson Tract #FAST-41

Contango ORE Joins the FAST-41 Program for Johnson Tract Critical Metals Project

FAIRBANKS, Alaska — December 2, 2025 — Contango ORE, Inc., traded on NYSE American under the symbol CTGO, has officially announced that the Johnson Tract Critical Metals Project has been recognized as a 'covered project' in the Federal Permitting Improvement Steering Council's FAST-41 program as of December 1, 2025. This acceptance highlights the commitment to streamline the federal permitting process for critical infrastructure, a significant step forward for both the company and the project.

Rick Van Nieuwenhuyse, President and CEO of Contango ORE, expressed gratitude towards the Permitting Council and the US Army Corp of Engineers (USACE) for their support and guidance. Van Nieuwenhuyse stated, "We appreciate the collaboration and support from the Council, USACE, and all stakeholders involved, as we strive to progress the Johnson Tract Critical Metals Project with enhanced coordination and public transparency," emphasizing the company's dedication to high standards of environmental stewardship and regulatory compliance.

Understanding the FAST-41 Program

FAST-41, established under Title 41 of the Fixing America's Surface Transportation Act in 2015 during the Obama Administration, aims to improve the federal permitting process for large infrastructure projects. By enhancing transparency, coordination among agencies, and accountability, this initiative ensures that projects like Johnson Tract can advance efficiently. A notable addition to the program includes a public-facing Permitting Dashboard that tracks projects, making the review and authorization processes more predictable and systematic. This structured approach not only expedites project progress but also fosters collaboration between state and federal entities.

In a landmark arrangement announced on August 27, 2025, the Permitting Council signed a Memorandum of Understanding (MOU) with the State of Alaska, allowing for federal permitting assistance through the FAST-41 initiative. This agreement symbolizes a unified effort by state and federal governments to identify critical projects while promoting increased transparency and robust communication.

About the Johnson Tract Critical Metals Project

The Johnson Tract Critical Metals Project represents a significant opportunity for mineral exploration and resource development in Alaska. By being part of the FAST-41 framework, the project gains enhanced visibility and support, facilitating a more streamlined path through the permitting landscape. Contango's engagement will involve collaborative efforts with the USACE along with other local and national stakeholders to address environmental and regulatory standards while pursuing responsible mining practices.

Committing to Excellence

Continually aiming for operational excellence, Contango ORE is dedicated to advancing its projects with a commitment to sustainability and regulatory compliance. Van Nieuwenhuyse reinforced the importance of these values, stating, "We are devoted to ensuring that our practices meet the highest standards of environmental and regulatory scrutiny." This dedication is crucial as the company looks to not only advance the Johnson Tract project but also contribute to Alaska's economic vitality through responsible mineral development.

Company Background

Contango ORE is primarily focused on the exploration and development of gold and associated minerals in Alaska. The company currently holds a 30% stake in the Peak Gold Joint Venture, which includes a broad land lease for exploration. Additionally, Contango maintains a lease on the Johnson Tract project from CIRI, a landowner, and has interests in other projects across the region.

As developments progress under the FAST-41 program, stakeholders and the public await further updates from Contango ORE regarding the trajectory of the Johnson Tract Critical Metals Project. For more detailed information about Contango and its projects, visit www.contangoore.com.