TorontoVE:MAU

Montage Discovers New High-Grade Targets at Koné Gold Project, including 27m at 8.97g/t at Yeré North and 36m at 2.45g/t at Gbongogo South; Continues to Confirm Resource at Gbongogo Main and Expands Drill Program

Retrieved on: 
Monday, March 27, 2023

A resource expansion program began in late November 2022 and is ongoing on numerous targets including Yeré North and Gbongogo South where shallow initial RC drilling has intersected high-grade intercepts from surface.

Key Points: 
  • A resource expansion program began in late November 2022 and is ongoing on numerous targets including Yeré North and Gbongogo South where shallow initial RC drilling has intersected high-grade intercepts from surface.
  • Exploration is ongoing and has been expanded based upon impressive discoveries since commencement of the program in November 2022.
  • Shallow RC drilling makes new discovery at Diouma North, located 2km south of Gbongogo Main
    General drill program expanded to 40,000m with 4 rigs drilling existing and new targets and expanding the resource at Gbongogo Main.
  • These latest drill results more than support our decision to acquire the Mankono Joint Venture ground from Barrick and Endeavour.

Montage Releases First Results from Satellite Drill Program including 78m of 2.70g/t Gold at Gbongogo and 20m of 7.22g/t Gold at Lokolo Main

Retrieved on: 
Monday, January 23, 2023

Drilling began in November 2022 and with strong early success will continue through 2023.

Key Points: 
  • Drilling began in November 2022 and with strong early success will continue through 2023.
  • Results in this release reflect 6,713 metres of RC drilling completed on five target areas to the end of 2022.
  • Rick Clark, Montage CEO commented, "We are very pleased to report these initial drill results.
  • Historic results from the targets shown in Figure 1 were reported in the Company's press release dated November 22, 2022.

Montage Gold Inc. Issues Stock Options

Retrieved on: 
Wednesday, November 30, 2022

VANCOUVER, BC, Nov. 30, 2022 /PRNewswire/ - Montage Gold Inc. ("Montage"or the "Company") (TSXV: MAU) (OTCQX: MAUTF) announces that it has granted an aggregate 3,700,000 incentive stock options to certain officers, directors and other eligible persons of the Company.

Key Points: 
  • VANCOUVER, BC, Nov. 30, 2022 /PRNewswire/ - Montage Gold Inc. ("Montage"or the "Company") (TSXV: MAU) (OTCQX: MAUTF) announces that it has granted an aggregate 3,700,000 incentive stock options to certain officers, directors and other eligible persons of the Company.
  • The options are exercisable, subject to vesting provisions, over a period of three years at a price of $0.65 per share.
  • Montage is executing an exploration program in 2022/23 with the objective of discovering multiple high-grade satellite deposits to supplement the Probable Reserves at the Kon Gold Project.
  • Montage has a management team and Board with significant experience in discovering and developing gold deposits in Africa.

Montage Gold Corp. Appoints Richard P. Clark as CEO

Retrieved on: 
Tuesday, August 30, 2022

VANCOUVER, BC, Aug. 30, 2022 /PRNewswire/ - Montage Gold Corp.("Montage" or the "Company") (TSXV: MAU) (OTCPK: MAUTF) is pleased to announce the appointment of Richard P. Clark as Chief Executive Officer of Montage, with Hugh Stuart continuing in the role of President.

Key Points: 
  • VANCOUVER, BC, Aug. 30, 2022 /PRNewswire/ - Montage Gold Corp.("Montage" or the "Company") (TSXV: MAU) (OTCPK: MAUTF) is pleased to announce the appointment of Richard P. Clark as Chief Executive Officer of Montage, with Hugh Stuart continuing in the role of President.
  • Richard P. Clark, Montage CEO, commented, "I am excited and honored to be taking on the role of CEO of Montage at this time.
  • Montage has a management team and Board with significant experience in discovering and developing gold deposits in Africa.
  • Mr. Stuart is not independent of Montage as he is an officer, director and shareholder of Montage.

Montage Enters into Agreement with Barrick and Endeavour to Expand Koné Gold Project and Arranges $20 Million Bought Deal Financing

Retrieved on: 
Wednesday, June 8, 2022

The Consideration will be split pro-rata on a 70/30 basis between Barrick and Endeavour.

Key Points: 
  • The Consideration will be split pro-rata on a 70/30 basis between Barrick and Endeavour.
  • The application has passed the inter-ministerial subcommittee process and the Transaction is expected to close as soon as the permit is formally awarded.
  • The Agreement provides for an outside closing date of December 7, 2022, unless otherwise extended by the parties.
  • Montage has a management team and Board with significant experience in discovering and developing gold deposits in Africa.

Montage Gold Corp. Announces New Board Member and Non-Executive Chairman

Retrieved on: 
Monday, May 2, 2022

The Company also announces that, effective immediately, Richard P. Clark is stepping down as non-executive Chair of the Board but will continue to serve as a member of the Board.

Key Points: 
  • The Company also announces that, effective immediately, Richard P. Clark is stepping down as non-executive Chair of the Board but will continue to serve as a member of the Board.
  • Mr. Hugh Stuart, Chief Executive Officer commented, "I am very pleased to welcome Ms. Dhir to Montage.
  • Montage has a management team and Board with significant experience in discovering and developing gold deposits in Africa.
  • Mr. Stuart is not independent of Montage as he is an officer, director and shareholder of Montage.

Montage Files NI 43-101 Technical Report for the Koné Gold Project

Retrieved on: 
Friday, March 18, 2022

VANCOUVER, BC, March 18, 2022 /PRNewswire/ - Montage Gold Corp.("Montage" or the "Company") (TSXV: MAU) (OTCPK: MAUTF) is pleased to announce that the Definitive Feasibility Study NI 43-101 Technical Report on the Kon Gold Project in Cte d'Ivoire (the "Technical Report") has been filed on SEDAR.

Key Points: 
  • VANCOUVER, BC, March 18, 2022 /PRNewswire/ - Montage Gold Corp.("Montage" or the "Company") (TSXV: MAU) (OTCPK: MAUTF) is pleased to announce that the Definitive Feasibility Study NI 43-101 Technical Report on the Kon Gold Project in Cte d'Ivoire (the "Technical Report") has been filed on SEDAR.
  • The Technical Report, which is dated March 14, 2022, has an effective date of February 14, 2022 and is entitled "Kon Gold Project, Cte d'Ivoire Definitive Feasibility Study National Instrument 43-101 Technical Report".
  • The Company's flagship property is the Kon Gold Project, located in northwest Cte d'Ivoire, which currently hosts a Probable Mineral Reserve of 161.1Mt grading 0.66g/t for 3.42M ounces of gold.
  • Montage has a management team and Board with significant experience in discovering and developing gold deposits in Africa.

Montage Gold Launches Project Finance Mandate with HCF International Advisers

Retrieved on: 
Wednesday, March 9, 2022

VANCOUVER, BC, March 9, 2022 /PRNewswire/ - Montage Gold Corp. ("Montage" or the "Company") (TSXV: MAU) (OTCPK: MAUTF) is pleased to announce the appointment of HCF International Advisers Ltd. to assist in the raising of project finance for the development of the Kon Gold Project in Cte d'Ivoire ("KGP" or the "Project").

Key Points: 
  • VANCOUVER, BC, March 9, 2022 /PRNewswire/ - Montage Gold Corp. ("Montage" or the "Company") (TSXV: MAU) (OTCPK: MAUTF) is pleased to announce the appointment of HCF International Advisers Ltd. to assist in the raising of project finance for the development of the Kon Gold Project in Cte d'Ivoire ("KGP" or the "Project").
  • HCF International Advisers Ltd. ("HCF") is a leading independent corporate finance advisory boutique based in London, UK with a primary focus on the global mining and metals sector.
  • HCF provides strategic and financial advice across the complete life cycle of a project with an extensive track record of securing the funding required to bring the project into operations.
  • HCF is comprised of professionals who have extensive financing and technical experience as well as expertise in the funding of gold projects.