Montage Gold Corp. to release Koné’s feasibility study results

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Montage Gold Corp. to release feasibility study results

Montage Gold Corp. is set to provide an update on the ongoing Definitive Feasibility Study (DFS) at the Koné Gold Project (KGP) in Côte d’Ivoire.

Hugh Stuart, Montage CEO, commented: “Barring any unforeseen delay, we look forward to releasing the results of the DFS as they will represent the culmination of 15 months of hard work by our dedicated team since the completion of the Company’s initial public offering.”

In the upcoming weeks, Montage will be participating in several marketing roadshows and investor conferences, including the 121 EMEA Mining Investment Conference from February 22–24, the BMO Global Metals and Mining Conference from February 27 to March 2 and institutional marketing with Stifel GMP from February 15–17. Montage will also upload a pre-recorded webcast of the DFS results and corporate presentation to the Montage website at www.montagegoldcorp.com.

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 an Indicated Mineral Resource of 225Mt grading 0.59g/t for 4.27Moz of gold, based on a 0.20g/t cut-off grade and an Inferred Mineral Resource of 22Mt grading 0.45g/t for 0.32Moz of gold, based on a 0.20g/t cut-off grade.

Montage has a management team and Board with significant experience in discovering and developing gold deposits in Africa. The Company is rapidly progressing work programs at the Koné Gold Project towards completion of a DFS. Indicated Mineral Resources and Inferred Mineral Resources are reported in accordance with NI 43-101 with an effective date of August 12, 2021, for the Koné deposit within the KGP.

Please refer to the NI 43-101 technical report entitled “NI 43-101 Technical Report Koné Gold Project Côte d’Ivoire” authored by Hugh Stuart, a Qualified Person as defined by NI 43-101, dated October 1, 2021.

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