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                             February 1, 2023

       Leah Gaines
       Vice President, CFO, and Treasurer
       Contango ORE, Inc.
       3700 Buffalo Speedway, Suite 925
       Houston, Texas 77098

                                                        Re: Contango ORE, Inc.
                                                            Form 10-K for the
Fiscal Year ended June 30, 2022
                                                            Filed August 31,
2022
                                                            File No. 001-35770

       Dear Leah Gaines:

              We have reviewed your filing and have the following comments. In
some of our
       comments, we may ask you to provide us with information so we may better
understand your
       disclosure.

              Please respond to these comments within ten business days by
providing the requested
       information or advise us as soon as possible when you will respond. If
you do not believe our
       comments apply to your facts and circumstances, please tell us why in
your response.

                                                        After reviewing your
response to these comments, we may have additional comments.

       Form 10-K

       Overview, page 16

   1.                                                   Please modify your
filing to state your material properties and disclose an explanation of
                                                        the criteria you use to
distinguish your material properties from your other exploration
                                                        projects.
       Peak Gold JV Property, page 18

   2.                                                   Please modify your
filing and locate your material properties to within one-mile using an
                                                        easily recognizable
coordinate system as required by Item 1304(b)(1)(i) of Regulation S-
                                                        K.
 Leah Gaines
FirstName LastNameLeah Gaines
Contango ORE,  Inc.
Comapany1,NameContango
February   2023        ORE, Inc.
February
Page 2 1, 2023 Page 2
FirstName LastName
Exploration Overview, page 20

3.       We note your Peak Gold Joint Venture released a feasibility study in
July 2022 and you
         reference reserve ounces and other economic metrics in this section
based on that study.
         Please file the technical report summary that supports your reserve
disclosure with the
         updated resources and economic metrics or remove this disclosure from
your filing. See
         Item 1302(b)(2) of Regulation S-K.
4.       We note you reported resource estimates when you filed the Technical
Report Summary
         with your S-3 on October 26, 2021. Please revise your filing to
include your current
         resource/reserve estimates based on this report or another updated
report. See Item
         1303(b)(3) of Regulation S-K. In addition, please state whether your
NSR cut-off values
         are a marginal or breakeven NSR cut-off.
Location of and Access to the Lucky Shot Property, page 25

5.       Please modify your filing to provide a more precise location for all
your exploration
         properties as required by Item 1303(b)(2)(ii)(A) of Regulation S-K.
        We remind you that the company and its management are responsible for
the accuracy
and adequacy of their disclosures, notwithstanding any review, comments, action
or absence of
action by the staff.

       You may contact George K. Schuler at 202-551-3718 if you have questions
regarding
the engineering comments or Craig Arakawa at at 202-551-3650 with any other
questions.



                                                              Sincerely,

                                                              Division of
Corporation Finance
                                                              Office of Energy
& Transportation