Contango ORE, Inc. — Director's Dealing 2013

May 20, 2013

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: Contango ORE, Inc. (CTGO)
CIK: 0001502377
Period of Report: 2013-05-08

Reporting Person: Estate of Kenneth R. Peak (10% Owner)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, par value $0.01	739780	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option (Right to Buy)	$14.025	2014-04-19	Common Stock (15000)		Direct
Stock Option (Right to Buy)	$11.00	2014-04-19	Common Stock (25000)		Direct
Stock Option (Right to Buy)	$11.00	2014-04-19	Common Stock (50000)		Direct
Warrant (Right to Buy)	$10	2018-03-22	Common Stock (83333)		Direct

Footnotes

F1: Date of event reflects the date on which Joseph J. Romano and Donna Ungermannova Peak were appointed co-executors of the Estate of Kenneth R. Peak. Mr. Peak died on April 19, 2013. The filing of this statement shall not be deemed an admission that the Reporting Person is the beneficial owner of any securities not held directly for its account for purposes of Section 16 of the Securities Act of 1934, as amended, or otherwise.

F2: The option became exercisable as to 5,000 shares on September 15, 2011, as to an additional 5,000 shares on September 15, 2012 and as to the remaining 5,000 shares on October 12, 2012.

F3: The option became exercisable as to 8,333 shares on July 3, 2012, and became exercisable as to the remaining 16,667 shares on October 12, 2012.

F4: The option became exercisable as to 16,666 shares on December 7, 2012, 16,667 on December 7, 2013 and would have become exercisable with respect to the remaining 16,667 shares on December 7, 2014.