Initial Statement of Beneficial Ownership of Securities

This filing reports Shawn Khunkhun's beneficial ownership of Contango Silver & Gold Inc. common stock and stock options. Khunkhun, as President and Director, directly holds 69,739 shares of common stock. The filing also details various stock options, including those assumed in an acquisition and newly granted options vesting over time. These options grant the right to buy common stock at specified prices and have varying expiration dates. Additionally, an exhibit confirms a Power of Attorney granted to Mike Clark and Paul Monsour, authorizing them to execute SEC filings on Khunkhun's behalf, including Forms 3, 4, 5, 144, and Schedules 13D/13G.