Montage Gold files NI 43-101 technical report for Koné Gold Project

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Montage Gold files NI 43-101 technical report for Koné Gold Project

Montage Gold Corp. has filed the Definitive Feasibility Study NI 43-101 Technical Report on the Koné Gold Project in Côte d’Ivoire on SEDAR.

The Technical Report was prepared in accordance with the Canadian Securities Administrators’ National Instrument 43-101 Standards of Disclosure for Mineral Projects (“NI 43-101”) and is available for review under the Company’s profile. There are no material differences between the mineral reserve and the mineral resource estimates announced in the February 14, 2022 news release from those contained in the Report.

About Montage Gold Corp.

Montage 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, located in northwest Côte d’Ivoire, which currently hosts a Probable Mineral Reserve of 161.1Mt grading 0.66g/t for 3.42M ounces of gold.

The Company released the results of a definitive feasibility study (the “DFS”) on the Koné Gold Project on February 14, 2022, outlining a 15-year gold project estimated to produce 3.06M ounces of gold at AISC (non-GAAP) of $933 per ounce over life of the mine, with average annual production of 207koz, and peak production of 320koz. Montage has a management team and Board with significant experience in discovering and developing gold deposits in Africa.

 

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