8-K

SECURITIES AND EXCHANGE COMMISSIONWASHINGTON, D.C. 20549

FORM 8-KCURRENT REPORTPURSUANT TO SECTION 13 OR 15(d) OF THESECURITIES EXCHANGE ACT OF 1934

Date of report (Date of earliest event reported): May 5, 2016

CONTANGO ORE, INC

(Exact Name of Registrant Specified in Charter)

Delaware	000-54136	27-3431051
(State or Other Jurisdiction of Incorporation)	(Commission File Number)	(I.R.S. Employer Identification No.)

3700 Buffalo Speedway, Suite 925
Houston, Texas	77098
(Address of Principal Executive Offices)	(Zip Code)

Registrant’s telephone number, including area code:   (713) 877-1311

Not Applicable

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

⃞ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

⃞ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

⃞ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

⃞ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 2.02. RESULTS OF OPERATIONS AND FINANCIAL CONDITION

Contango ORE, Inc. (the “Company”) issued a press release on May 5, 2016 that reported on the Company’s financial results for the three months and nine months ended March 31, 2016.  A copy of the press release is furnished as Exhibit 99.1 to this report.

The information included herein and in Exhibit 99.1 shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act.

Item 9.01.	FINANCIAL STATEMENTS AND EXHIBITS
	(d)      Exhibits
	99.1    Press Release dated May 5, 2016

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

		CONTANGO ORE, Inc.
		By:	/s/ Leah Gaines
		Name:	Leah Gaines
		Title:	Vice President and Chief Financial Officer
Dated:	May 5, 2016

EX-99.1

Exhibit 99.1

Contango ORE, Inc. Announces Earnings for the Quarter Ended March 31, 2016

HOUSTON--(BUSINESS WIRE)--May 5, 2016--Contango ORE, Inc. (“CORE” or the “Company”) (OTCQB: CTGO) announced today that it filed its Form 10-Q for the quarter ended March 31, 2016 with the Securities and Exchange Commission.

The Company reported a net loss of $0.2 million or ($0.05) per basic and diluted share for the three months ended March 31, 2016 compared to a loss of $0.3 million or $(0.09) per basic and diluted share for the same period last year as restated. For the nine months ended March 31, 2016, the Company reported a net loss of $0.9 million compared to a net loss of $2.0 million for the same period last year.

Peak Gold, LLC (“Peak Gold”), managed by our Joint Venture partner Royal Alaska, LLC (“Royal Alaska”), a wholly owned subsidiary of Royal Gold, Inc. (‘RGLD”), expended approximately $1.9 million in the three months ended March 31, 2016 for our first ever winter exploration program (“Phase I”) and for project management of the Peak Zone gold deposit discovery on its Tetlin properties near Tok, Alaska. The winter drilling program was conducted during February and March, 2016, was road-supported using a single drilling rig and was designed to test specific targets in the greater Peak deposit area. During Phase I, Peak Gold completed 4,040 meters (13,255ft) of diamond core drilling in 19 holes at the North Peak, West Peak, Two O’clock and Connector zones. Royal Alaska will earn up to 40% interest in Peak Gold by contributing up to $30 million to the joint venture company by October 31, 2018. Of this amount, Royal Alaska has contributed $8.4 million to Peak Gold of which, $1.8 million was held in cash equivalents at March 31, 2016. As of March 31, 2016, Royal Alaska has earned 6.8% member’s equity interest in Peak Gold.

Brad Juneau, President and CEO of the Company, commented, “The winter drilling program was successful in expanding the known limits of both the Peak and North Peak zones, and perhaps most importantly found new, significant mineralization in its first drill hole in the Connector Zone that may lead to a better understanding of the relationship between Peak and North Peak and possible further expansion of the mineral system (see attached location map and Table of Significant Mineral Intercepts). It was previously thought that the Peak and North Peak areas were separate zones, but the mineralization found at the Connector Zone (Hole 16210) more than 200 meters from the nearest existing known mineralization at Peak/North Peak may be part of a single, larger gold system. We expect the 2016 summer drilling program (“Phase II”) to begin in mid-May as follow-up to the promising results from the winter program to further explore the new geologic model potential, as well as test previously undrilled areas. We believe these winter drilling results have the potential to increase the known resources significantly but we cannot provide any revised estimates of resources until the summer program is completed and a new resource estimate is completed next spring.

We expect Peak Gold to pursue a drilling program that is flexible taking into account real time results as they become available. We appreciate the open communication and cooperation that our partner Royal Gold has provided to the Company, and are particularly pleased that the winter operations were completed with no lost time accidents or environmental issues.”

Sample intervals are calculated using 0.5 grams per tonne (gpt) lower cut off for gold with no internal waste less than cutoff grade that is greater than 3 meters in thickness. Intercepts shown are drill intercept lengths. True width of mineralization is unknown. The grade cutoff for gold (Au) is 0.5 gpt; for silver (Ag) is 10 gpt; and for copper (Cu) is 0.1%. The following table summarizes the significant drilling results obtained to date for Phase I of the 2016 Program:

Zone	Drill Hole	From (meters)	To (meters)	Interval (meters)	Au_opt	Au_gpt	Ag_gpt	Cu (%)
North Peak	TET16192	31.34	38.29	6.95	0.023	0.784	2.5	0.023
North Peak	TET16192	42.00	43.42	1.42	0.053	1.803	1.5	0.021
North Peak	TET16192	78.51	91.78	13.27	1.435	49.194	4.5	0.035
	including	80.96	81.59	0.63	12.133	416.000	26.7	0.066
North Peak	TET16192	102.84	105.46	2.62	0.074	2.536	4.5	0.151
North Peak	TET16192	122.07	123.79	1.72	0.112	3.850	1.1	0.067
North Peak	TET16192	139.90	143.78	3.88	0.116	3.992	3.1	0.119
North Peak	TET16193	85.91	90.62	4.71	0.363	12.452	3.6	0.065
	including	88.09	89.71	1.62	0.816	27.974	5.9	0.041
North Peak	TET16195	66.50	68.34	1.84	0.196	6.718	3.7	0.069
North Peak	TET16196	65.78	69.12	3.34	0.021	0.712	14.1	0.096
West Peak	TET16199	21.09	23.13	2.04	0.101	3.462	6.9	0.037
West Peak	TET16199	50.19	52.08	1.89	0.040	1.375	0.7	0.022
West Peak	TET16199	55.62	57.79	2.17	0.053	1.805	0.0	0.005
West Peak	TET16199	80.44	82.76	2.32	0.045	1.529	1.9	0.054
West Peak	TET16199	95.08	96.63	1.55	0.078	2.690	0.9	0.006
West Peak	TET16199	139.46	145.31	5.85	0.020	0.699	1.1	0.030
North Peak	TET16204	50.41	53.34	2.93	0.032	1.100	5.2	0.189
North Peak	TET16204	63.06	65.42	2.36	0.060	2.050	1.1	0.044
North Peak	TET16204	194.11	195.93	1.82	0.477	16.338	328.4	0.157
North Peak	TET16205	65.07	70.61	5.54	0.028	0.954	2.8	0.165
North Peak	TET16205	82.91	83.67	0.76	0.196	6.715	11.2	0.005
North Peak	TET16205	150.74	151.73	0.99	0.098	3.360	4.2	0.314
North Peak	TET16206	60.95	104.38	43.43	0.105	3.611	2.1	0.108
	including	98.34	100.04	1.70	0.895	30.700	2.3	0.108
North Peak	TET16207	92.88	95.92	3.04	0.076	2.590	1.4	0.057
West Peak	TET16208	55.02	58.20	3.18	0.074	2.543	0.5	0.005
West Peak	TET16208	88.66	108.65	19.99	0.082	2.822	0.1	0.006
	including	95.55	97.45	1.90	0.351	12.050	0.5	0.011
	and	98.93	100.02	1.09	0.414	14.200	0.7	0.013
West Peak	TET16209	46.33	48.95	2.62	0.065	2.222	0.8	0.007
West Peak	TET16209	52.73	58.98	6.25	0.142	4.863	0.5	0.014
	including	55.78	57.54	1.76	0.373	12.788	1.1	0.037
Connector	TET16210	16.95	60.91	43.96	0.096	3.275	30.6	0.402
	including	18.12	22.29	4.17	0.263	9.006	51.5	0.291
	and	51.90	53.26	1.36	0.296	10.150	19.6	0.583
	and	56.57	57.15	0.58	0.308	10.550	50.4	2.280
Connector	TET16210	131.83	135.60	3.77	0.076	2.614	52.5	0.140

The accompanying map depicts the location of the core holes drilled during the 2016 Phase I drilling program.

2016 PHASE I CORE HOLES DRILLED

About CORE

CORE is a Houston-based company that engages in the exploration in Alaska for gold and associated minerals through Peak Gold, LLC, its joint venture company with Royal Gold, Inc. Additional information can be found on our web page at www.contangoore.com.

FORWARD-LOOKING STATEMENTS

This press release contains forward-looking statements regarding CORE that are intended to be covered by the safe harbor "forward-looking statements" provided by the Private Securities Litigation Reform Act of 1995, based on CORE’s current expectations and includes statements regarding future results of operations, quality and nature of the asset base, the assumptions upon which estimates are based and other expectations, beliefs, plans, objectives, assumptions, strategies or statements about future events or performance (often, but not always, using words such as "expects", “projects”, "anticipates", "plans", "estimates", "potential", "possible", "probable", or "intends", or stating that certain actions, events or results "may", "will", "should", or "could" be taken, occur or be achieved). Forward-looking statements are based on current expectations, estimates and projections that involve a number of risks and uncertainties, which could cause actual results to differ materially from those, reflected in the statements. These risks include, but are not limited to: the risks of the exploration and the mining industry (for example, operational risks in exploring for, developing mineral reserves; risks and uncertainties involving geology; the speculative nature of the mining industry; the uncertainty of estimates and projections relating to future production, costs and expenses; the volatility of natural resources prices, including prices of gold and associated minerals; the existence and extent of commercially exploitable minerals in properties acquired by CORE; potential delays or changes in plans with respect to exploration or development projects or capital expenditures; the interpretation of exploration results and the estimation of mineral resources; the loss of key employees or consultants; health, safety and environmental risks and risks related to weather and other natural disasters); uncertainties as to the availability and cost of financing; inability to realize expected value from acquisitions; inability of our management team to execute its plans to meet its goals; and the possibility that government policies may change or governmental approvals may be delayed or withheld, including the inability to obtain any mining permits. Additional information on these and other factors which could affect CORE’s exploration program or financial results are included in CORE’s other reports on file with the Securities and Exchange Commission. Investors are cautioned that any forward-looking statements are not guarantees of future performance and actual results or developments may differ materially from the projections in the forward-looking statements. Forward-looking statements are based on the estimates and opinions of management at the time the statements are made. CORE does not assume any obligation to update forward-looking statements should circumstances or management's estimates or opinions change.

CONTACT:
Contango ORE, Inc.
Brad Juneau, (713) 877-1311
www.contangoore.com