 The Fairbanks Daily News Mine reports that Fairbanks-based Contango Ore announced that it completed its acquisition of High Gold Mining Incorporated about two months after it announced its intent to purchase the company. The purchase includes High Gold's 21,000-acre Johnson Tract purchase near Cook Inlet, about 125 miles from Anchorage. The Johnson Tract contains an estimated 1 million ounces of gold, as well as deposits of copper, silver, and zinc.