Comanus Rising & TheComanus Rising & TheStateside Report presents...Stateside Report presents...

“ A Unique Report Service for the Intelligent Resource Investor”

Vince “Stateside” Marciano MBA, CPA Email: s tatesidereport@gmail.com Website: http://www.comanusrising.com

Contango OreCTGO in the US

August 2016

100 Reasons Why this Junior GoldExploration Company will be the

First $100 Junior Exploration Stockin this New 2016 Gold Bull Cycle

The Tetlin High Grade Gold Project In the Heart of the Tintina Gold belt – Alaska USA

• Contango Ore• Traded on the US OTC – CTGO• 3.9 million shares outstanding• Share Price at August 20, 2016 - $19• Market Cap: $75 million • Cash in the Treasury – Over $1.0

million • No debt• Presenting at the Denver Gold Forum

on September 19, 2016 - http://www.denvergoldforum.org/dgf16/

….The Top 100 Reasons Why thisJunior Gold Exploration Company

will be the First $100 JuniorExploration Stock in this New 2016

Gold Bull Cycle....

Vince MarcianoAugust 2016

1. June 2008 – 10 year exploration agreement signed in 2008 – subsequently lengthened through 20282. June 2009 – Exploration at Tetlin begins3. Fall 2009 – Recon helicopter lands on a 2 g/t gold outcrop – Better to be lucky than good4. Fall 2009 – Trenching reveals up to 28 g/t gold, 1.7% copper5. October 2009 – Contago Ore spun-out from Contango Oil and Gas 6. Summer 2010 – Gold area expanded to 2.5 square miles by soil auger sampling7. November 2010 – Contango Ore – CTGO begins trading on the US OTC8. Summer 2011 – Gold area expanded to 12 square miles by soil auger sampling – 5 of initial 11 drill holes hit gold and copper mineralization including 7 meters of 7.4 g/t gold.9. Summer 2012 – “Peak Zone” Discovery hole 12016: 26 meters of 8 g/t gold – starting 20 meters from surface (Note - All holes drilled through July 2016 can be found on this drill map: http://mms.businesswire.com/media/20160816006117/en/539706/5/TET16-Res_areas-16Aug16.jpg?download=1 )

Summer 2012 follow-up to discovery hole 12016 includes:10. Hole 12017 – 49 meters of 11 g/t gold – starting 7 meters from surface11. Hole 12018 – 59 meters of 14 g/t gold – starting 85 meters from surface12. Hole 12035 – 17 meters of 22 g/t gold – starting at 169 meters from surface13. Hole 12036 – 49 meters of 15 g/t gold – starting at 155 meters from surface

Summer 2013 significant drill results include:14. Hole 13107 – 159 meters of 7 g/t gold – starting 0 meters from surface (mineralization starts at surface)15. Hole 13110 – 97 meters of 9 g/t gold – starting 2 meters from surface16. Hole 13062 – 65 meters of 13 g/t gold – starting 89 meters from surface17. Hole 13063 – 40 meters of 17 g/t gold – starting 131 meters from surface18. Hole 13117 – 135 meters of 5 g/t gold – starting 0 meters from surface (mineralization starts at surface)19. Hole 13100 – 96 meters of 6 g/t gold – starting at 11 meters from surface20. Hole 13088 – 138 meters of 4 g/t gold – starting at 19 meters from surface21. Hole 13098 – 84 meters of 5 g/t gold – starting at 10 meters from surface22. Hole 13064 – 44 meters of 8 g/t gold – starting at 147 meters from surface23. Hole 13104 – 143 meters of 3 g/t gold – starting at 0 meters (mineralization starts at surface)24. Hole 13082 – 88 meters of 4 g/t gold – starting at 6 meters from surface

25. Hole 13089 – 99 meters of 3 g/t gold – starting a 3 meters from surface26. Hole 13079 – 38 meters of 4 g/t gold – starting at 120 meters from surface27. Hole 13084 – 25 meters of 5 g/t gold – starting at 135 meters from surface28. Hole 13085 – 45 meters of 3 g/t gold – starting at 130 meters from surface29. Hole 13080 – 22 meters of 5 g/t gold – starting at 135 meters from surface

30. Details of 2012 and 2013 holes in this presentation: http://www.contangoore.com/presentations/NWMA-Tetlin_Summary-5Dec13_TTF-Final.pdf

31. January 2014 – Initial Resource estimate on Main Peak Zone tabled: 783,000 oz gold at 3.5 g/t goldand 333,000 oz gold inferred at 2.1 g/t gold

32. January 2014 – Contango Ore begins search for partner to advance project33. September 2014 – Contango announces Royal Gold as JV partner – must spend $30 million by 2018 for 40% interest in Tetlin34. Summer 2015 – Contango restarts drilling at Tetlin with Royal Gold managing the exploration program 35. Phase I 2015 holes include:36. Hole 15147: 42 meters of 6 g/t gold - starting at 9 meters from surface then 48 meters of 5 g/t gold deeper in the hole starting at 102 meters37. Hole 15153 - New “North Peak Zone” discovered - 23 meters of 9 g/t gold starting at 10 meters from surface38. Hole 15171 – 17 meters of 18 g/t gold – starting at 17 meters from surface39. Hole 15176 – New “Peak West Zone” discovered - 68 meters of 5 g/t gold – starting at 8 meters from surface 40. Hole 15177 – 23 meters of 20 g/t gold – starting at 46 meters from surface41. February 2016 – Contango and Royal Gold start first ever winter drill program at TetlinSignificant holes from 2016 winter drill program at “North Peak Zone” include:42. Hole 16192 – 13 meters of 49 g/t gold – starting at 79 meters from surface43. Hole 16206 – 43 meters of 4 g/t gold – starting at 61 meters from surface44. First Hole in new “Connector Zone” testing the theory that the main Peak Zone and North Peak are connected – Hole 16210 – 44 meters of 3 g/t gold – starting at 17 meters from surfaceAugust 16, 2016 – First holes from the summer drill program include:45. Hole 16227 – 11 meters of 19 g/t gold – starting at 22 meters from surface46. Hole 16235 – drill hole between new “Connector Zone” and “North Peak Zone” assays best hole to date on the project – 39 meters of 52 g/t gold – starting at 15 meters from surface47. Hole 16237 – 14 meters of 45 g/t gold – starting at 10 meters from surface48. Hole 16238 – 16 meters of 50 g/t gold – starting 78 meters from surface49. Waiting on 20 holes which have been completed with assays pending including stepping out east and further north50. Contango Ore to present at the Denver Gold forum for the very first time on September 19, 2016 51. New resource estimate including new “New North Peak” and “Connector Zones” as well as all drillholes completed through September 2016 to be released in early 2017. 52. Over 2 million high grade gold ounces expected to be tabled 53. All high-grade gold assays within 250 meters of surface

Why Contango Ore – CTGO?54. New skarn model – never seen before in Alaska hosts high grade gold55. Alaska – favorable jurisdiction on 56. Tight 3.9 million shares outstanding57. No cheap founder shares – after initial spin-off only two private placements at $10/share and $12/share58. Over $1 million in cash59. Royal Gold funding $30 million through 2018 to earn 40%60. Royal Gold, a billion dollar company, deviates from typical royalty business to fund their only exploration program shows Tetlin's potential61. No area play – they own over 675,000 acres – only 2% of property explored – tremendous upside62. No newsletter coverage means retail buyers in the wings63. No analyst coverage means institutional buyer in the wings64. No marketing - coming out party September 19, 2016 at the Denver Gold Forum with Contango and Royal Gold separately giving presentations65. Potential move to a Canadian exchange opens up stock to new investors

Property:

66. Tetlin Village owns 100% fee simple interest in all surface and mineral estates including oil, gas, coal, metals, sand, gravel and timber.67. Tetlin Village is a sovereign government and is not part of the 13 Alaska regional Native corporations 68. Limited State and Federal agency involvement in Tetlin Village affairs, no local, State or Federal royalties on production 69. 20 year term starting July 15, 208 70. Lease shall continue for as long as operations are conducted 71. Minimum Work Commitment of $350,000/year - CTGO has met work commitment for initial 20 year term 72. On Alcan Hwy, 200 paved road miles from Fairbanks, 15 miles south of Tok 73. All-season gravel road with power and communications on north half of the project 74. 250 paved road miles north of all-weather ice-free port of Valdez, Alaska

75. Drilling through September 2016 with numerous press releases upcoming ensuring strong news flow76. Can drill in the winter (started 2016 drill program in February)77. No need for dilution over the near term78. Multi-million oz high grade resource will get premium prices in take-out – very few left79. All insider transactions were buys in 2016 year-to-date80. Traded in US – all 10Q filings are current and includes detailed assays of all holes81. Market cap of only $75 million

Additional Resources:

82. Royal Gold Investor Day Presentation – See slide 34 http://s1.q4cdn.com/019733279/files/Investor-Day-FINAL_PRINT.pdf

83. Royal Gold Webcast – Listen to the section on Tetlin at the 53 minute mark: http://www.meetview.com/royalgold20160603/player/?player_id=3891

News and articles:

84. August 19, 2016 - Mining News: News Nuggets: With 39 meters of 1.66 oz./t gold, Tetlin drilling continues to impress http://www.petroleumnews.com/pntruncate/916716626.shtml

85. August 16, 2016 - http://www.businesswire.com/news/home/20160816006117/en/Contango-ORE-Announces-Drilling-Results

86. July 3, 2016 - Mining News: Making the connection $11 million program targets area between high-grade gold zones at Tetlin - http://www.petroleumnews.com/pntruncate/144827899.shtml

87. February 2016 - Mining News: Early start at Tetlin - Peak Gold launches first-ever winter drilling at gold-copper-silver project http://www.petroleumnews.com/pntruncate/574660103.shtml

88. 2014: Mining News: Contango ORE courts buyers for Tetlin Texas-based explorer looks to cash in on 1.1-million-ounce gold-equivalent discovery and vast blue sky at Alaska property http://www.petroleumnews.com/pntruncate/587554773.shtml

Contango Ore Presentations:

89. http://www.contangoore.com/presentations/Illig-spring_2014-AMA-final-lowres.pdf90. http://www.contangoore.com/presentations/CordRoundup-Tetlin_Summary-26Jan14_noTTF-Final.pdf 91. http://www.contangoore.com/presentations/20130226_CORE-Roadshow-vWEB.pdf 92. http://www.contangoore.com/presentations/20120206.pdf 93. http://www.contangoore.com/presentations/20110328.pdf 94. http://www.contangoore.com/presentations/20110105.pdf

95. Honest and conservative management – From their 2011 presentation before the exciting drill results started coming in: …........Final Observation CORE It would be truly exciting if CORE owned gold or REE’s – We sadly do not – we are an exploration company……i.e. a pure and simple speculation. “In a speculation one should be prepared - indeed expect - both financially and mentally, tolose it all” - Kenneth R. Peak ….......96. We are in the 2nd inning of a new resurgent gold bull market97. Where are we in the cycle? EARLY!!! http://thedailygold.com/gold-and-gold-stocks-bull-analogs/ 98. Brent Cook says there are very few high grade gold deposits near surface in junior hands – this is one of the few.99. No one has heard of this stock, no discussion of it on any of the more popular resource discussion boards, no excitement or anticipation of upcoming assays in the stock.100. Main stream USA investors have not got the gold bug yet – when they do – this stock will be the first junior exploration stock in this cycle to reach $100 per share.

Disclaimer

Vince Marciano owns shares in Contango Ore but has not been paid to write this report and is not under contract with Contango Ore. Vince Marciano, Comanus Rising and the Stateside Report are not registered as a securities broker-dealer or investment adviser with the U.S. Securities and Exchange Commission or any state securities regulatory authority. Specifically, the Stateside Report relies upon an exemption from the registration requirements under the Investment AdvisersAct of 1940, as amended (the "Advisers Act") provided for in Section 202(a)(11)(D).

This exemption is available for the publisher of any "bona fide financial publication of general and regular circulation." Vince Marciano, Comanus Rising and the Stateside Report are not responsible for trades executed by subscribers to the service based on the information included in this report.

The information contained herein do not represent individual investment advice or a recommendation to buy or sell securities or any financial instrument nor are they intended as an endorsement of any security or other investment. Furthermore, Comanus Rising and the Stateside Report does not constitute an offer or solicitation to buy or sell any securities or individualized investment advice.

Any information contained in the Comanus Rising and Stateside Report represents Vince Marciano's opinions, and should not be construed as personalized investment advice. Vince Marciano, Comanus Rising and the Stateside Report cannot assess, verify or guarantee the suitability of any particular investment to any particular situation and the reader and listener of Comanus Rising and the Stateside Report bears complete responsibility for its own investment research and should seek the advice of a qualified investment professional that provides individualized advice prior to making any investment decisions.

All opinions expressed and information and data provided therein are subject to change without notice. Vince Marciano may have positions in, and may, from time-to-time make purchases or sales of the securities discussed or mentioned in the Stateside Report or on the Comanus Rising podcast..Vince Marciano does not make any representations as to the accuracy, timeliness, suitability, completeness, or relevance of any information prepared by any unaffiliated third party, whether linked to the Stateside Report web site or incorporated herein, and takes no responsibility therefore.

The foregoing discussion contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act"). In particular, when used in the preceding discussion, the words "plan," "confident that," "believe," "scheduled," "expect," or "intend to," and similar conditional expressions are intended to identify forward-looking statements subject to the safe harbor created by the Act. Such statements are subject to certain risks and uncertainties and actual results could differ materially from those expressed in any of the forward-looking statements. Such risks and uncertainties include, but are not limited to, future events and the financial performance of the Company which are inherently uncertain and actual events and/or results may differ materially.