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Montage Gold Corp. (TSXV: MAU) is a Canadian-based precious metals exploration and development company focused on opportunities in Côte d'Ivoire. The company's flagship property is the Koné Gold Project, which currently hosts a Probable Mineral Reserve of 174.3 Mt grading 0.72g/t for 4.01M ounces of gold. With a management team and Board experienced in discovering and developing gold deposits in Africa, Montage is committed to advancing the Koné project towards becoming a premier multi-asset African gold producer.
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Montage Gold Corp. appoints Silvia Bottero as Executive Vice President of Exploration, enhancing its leadership team with her proven track record in discovering significant gold resources in Côte d'Ivoire. Bottero's extensive experience in Africa and strong stakeholder relationships will be crucial for Montage's strategic objectives of enhancing the Koné project and building a greenfield exploration portfolio across Africa.
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Montage Gold Corp. closes non-brokered private placement, raising approximately C$35.2 million for the Koné project and nearby exploration. Lundin Family and insiders heavily involved in the Offering.
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Montage Gold Corp. increases non-brokered private placement financing to 50,000,000 common shares at C$0.70 per share, raising C$35 million for exploration and development.
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Montage Gold Corp. announces key leadership appointments and a strategic financing plan to advance the Koné Gold Project in Côte d'Ivoire. Martino De Ciccio appointed as CEO, Peder Olsen as Chief Development Officer, and Ron Hochstein to the Board. The company launches a C$20 million financing at a premium price of C$0.70/share, with a strategic investment by the Lundin Group. The funds will be utilized for project development and exploration activities.
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Montage Gold Inc. announces the grant of 4,605,000 incentive stock options and 193,615 Restricted Share Units to certain officers, directors, and eligible persons. The options are exercisable over three years at $0.72 per share, and the RSUs are granted in accordance with the Company's Restricted Share Unit Plan.
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Montage Gold Corp. announces the results of the Updated Definitive Feasibility Study for the Koné Gold Project in Côte d'Ivoire, including significant reserves and production, strong financial metrics, and the impact of new satellite deposits. The study demonstrates the economic viability of the project with an after-tax NPV of $1.1B and 31% IRR at a base case $1,850/oz gold price.
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Montage Gold Corp. (TSXV: MAU) (OTCQX: MAUTF) provides an update on exploration and development activities at the Koné Gold Project (KGP) and a corporate update regarding executive transition in the Chief Financial Officer role. The company is nearing completion of the Environmental & Social Impact Assessment for the KGP, expected to be submitted in December 2023. Additionally, Montage is in the late stages of the updated definitive feasibility study for the KGP and expects to release results in January 2024. Initial discussions in respect of financing for the development of the KGP are ongoing, and the company is encouraged by the early interest Montage is receiving. Exploration at the KGP is ongoing, focusing on high-priority targets, including at Yeré North and Diouma North. The company also discloses the appointment of Mr. Glenn Kondo, CFO of Montage, to the role CFO of Lucara Diamond Corp. until the end of Q1 2024.
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Montage Gold Corp. reports updated Mineral Resource Estimate for Koné Gold Project in Côte d'Ivoire. Indicated Mineral Resource at Gbongogo Main increases by 10% to 12.0Mt grading 1.45g/t for 559koz. Positive impact expected on production profile and economics. Total combined Indicated Mineral Resources at Koné Gold Project reach 4.83Moz. Feasibility-level metallurgical testing returns positive results. Mike Robinson joins as Côte d'Ivoire Country Manager with extensive mining operations experience. Construction decision for KGP on track.
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Montage Gold Corp. (TSXV: MAU, OTCQX: MAUTF) reports significant progress at the Koné Gold Project (KGP), with ongoing drilling since November 2022. Results show high-grade intercepts across multiple targets, including Gbongogo Main and Gbongogo South. Recent highlights include:
- GBDD030: 233.7m at 2.08g/t from surface
- GBRC031: 152.7m at 2.10g/t from surface
- Yeré North: 27m at 8.97g/t, including 9m at 24.58g/t
The drilling program has expanded to 40,000m, aimed at enhancing the KGP's resources and exploring new zones of economic significance.
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FAQ
What is the current stock price of MONTAGE GOLD (MAUTF)?
The current stock price of MONTAGE GOLD (MAUTF) is $1.5 as of October 15, 2024.
What is the market cap of MONTAGE GOLD (MAUTF)?
The market cap of MONTAGE GOLD (MAUTF) is approximately 637.5M.
What is Montage Gold Corp. focused on?
Montage Gold Corp. is focused on becoming a premier multi-asset African gold producer, with its flagship Koné project in Côte d'Ivoire.
What is the flagship property of Montage Gold Corp.?
The flagship property of Montage Gold Corp. is the Koné Gold Project, which currently hosts a Probable Mineral Reserve of 174.3 Mt grading 0.72g/t for 4.01M ounces of gold.
What is the experience of Montage Gold Corp.'s management team and Board?
The management team and Board of Montage Gold Corp. have significant experience in discovering and developing gold deposits in Africa.
What is the goal of Montage Gold Corp. regarding the Koné project?
Montage Gold Corp. aims to progress the Koné project towards becoming a premier multi-asset African gold producer.
What sets Montage Gold Corp. apart from other companies in the industry?
Montage Gold Corp. stands out for its commitment to advancing the Koné project and its focus on opportunities in Côte d'Ivoire.
Where can I find more information about Montage Gold Corp.?
You can find additional information about Montage Gold Corp. on the SEDAR website or the company's official website.
What is the latest news from Montage Gold Corp.?
The latest news from Montage Gold Corp. includes updates on its Annual General and Special Meeting, director appointments, and the successful completion of private placement financing.
How can I stay informed about Montage Gold Corp.'s developments?
You can stay informed about Montage Gold Corp.'s developments by following the company's press releases and announcements.
What is the long-term vision of Montage Gold Corp.?
Montage Gold Corp. aims to unlock significant value for all its stakeholders by leveraging its extensive track record in developing projects in Africa.
What is the significance of the Koné Gold Project for Montage Gold Corp.?
The Koné Gold Project is of high quality with a long mine life, low AISC, and substantial annual gold production, emphasizing its importance for Montage Gold Corp.'s growth strategy.
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