Montage Gold Stock Price, News & Analysis

Lake Victoria Gold (OTCQB: LVGLF) reported drill results and corporate developments as activity accelerates across African gold projects amid record bullion prices on Dec 15, 2025. Recent assays from a 4,000m program at Area C, Imwelo Project, include 20.77 g/t over 0.31m, 9.31 g/t over 2.45m, and 11.19 g/t over 0.90m, with mineralization now demonstrated to over 250m vertical depth versus prior limits of 200m.

Operational updates: 16 of 24 planned holes completed; Tembo Project targets a 3,000m program; processing commissioning nears at Nyati Resources facility. Financing highlights include a possible US$45 million milestone stream from a 2021 asset sale to Barrick, a gold prepay facility, and a C$11.52 million strategic investment from Taifa Group. The company cautions no feasibility study has established mineral reserves, noting increased technical and economic uncertainty.

Montage Gold (TSX: MAU, OTCQX: MAUTF) agreed to acquire African Gold (ASX: A1G) by an Australian court‑approved scheme, adding the Didievi project in Côte d’Ivoire.

The Didievi asset now hosts an Inferred Resource of 12.4Mt at 2.5 g/t Au (989,000 oz). The Exchange Ratio is 0.0628 Montage share per African Gold share, implying an offer price of A$0.50 per African Gold share and an acquired implied equity value of approximately US$170 million. Montage will issue 27,685,392 shares to implement the deal. Scheme meetings are expected in early April 2026 with implementation by late April 2026.

Montage Gold (TSX:MAU, OTCQX:MAUTF) reported multiple high‑grade drill intercepts at the Petit Yao target, located ~7km from the Koné processing plant.

Key assay highlights include 6.0m @ 7.26 g/t Au, 6.0m @ 5.09 g/t Au, and 5.0m @ 5.12 g/t Au. Mineralization is confirmed over >1.1km strike and to 150m depth, remaining open in all directions.

To date 4,068m drilled at Petit Yao; an additional 6,800m is planned before year‑end plus 1,000m scout drilling on a northeast soil anomaly. A maiden starter resource for Petit Yao is expected after the current program, alongside resource updates for multiple Koné deposits.

Montage Gold (OTCQX: MAUTF) reported Q3-2025 operational and exploration progress at the Koné project in Côte d’Ivoire. Construction is on-budget and on-schedule for first gold pour in Q2-2027, with approximately $494.8M of capital committed to date (≈58% of the <$b>$860M total capex). Site workforce exceeds 2,900 and >5.7 million hours worked with a LTIFR of 0.20. Key plant civil works and tanks for the first CIL train are complete and the oxide circuit works continue.

Exploration totaled 85,784m in 2025 to date with multiple resource updates expected; liquidity and project funding total $712.8M versus remaining capital disbursements of $597.7M.

Montage Gold (OTCQX: MAUTF) reports exploration and construction progress at its Koné project in Côte d’Ivoire as of Nov 6, 2025. The company is running an expanded 120,000‑meter 2025 drill programme, with 87,595 m drilled YTD: Gbongogo–Koroutou 45% (39,518 m) and Sissédougou 27% (23,804 m).

The Sissédougou trend (10 km strike) saw the ANV deposit Indicated resources rise by 72koz to 129koz at 1.06 g/t Au and Inferred rise by 54koz to 85koz at 1.10 g/t Au. Koné satellite deposits now total 996koz Indicated at 1.29 g/t Au and 194koz Inferred at 1.09 g/t Au, with aggregate ~1.0 Moz Indicated across higher‑grade satellites. Construction work is progressing on budget and schedule, including completion of all seven CIL tanks on the first train and major foundation pours.

Montage Gold (OTCQX: MAUTF) states the Koné project in Côte d’Ivoire is on-budget and well on-schedule for first gold pour in Q2-2027. The PR states ~$418.3m has been committed (about half of upfront capex), construction has logged 4.5 million hours, six CIL tanks erected, mill foundations and water infrastructure complete, and an oxide circuit is under construction (incremental capex ~$25.0m). The PR also cites Indicated satellite resources growing by 404koz to 924koz at 1.32 g/t Au and a $75.0m equipment finance facility for owner mining.

Montage Gold (OTCQX:MAUTF) reported significant progress on its Koné gold project construction in Côte d'Ivoire for Q2 and H1-2025. The project remains on budget with $370 million (44%) of total capital committed and is well on track for first gold pour in Q2-2027.

Key highlights include over 3.0 million hours worked without injuries, 2,500+ employees on site, and CIL tank construction starting 2 months ahead of schedule. The company expanded its 2025 exploration program from 90,000 to 120,000 meters, with 83,280 meters already completed in H1-2025.

The company maintains robust liquidity of $735 million against remaining capital requirements of $676 million, supported by financing from Wheaton Stream, Zijin Loan Facility, and cash on hand.

Montage Gold Corp. (OTCQX: MAUTF) has provided a mid-year exploration update for its Koné Project in Côte d'Ivoire, highlighting significant progress in resource expansion. The company has increased its 2025 exploration programme from 90,000 to 120,000 meters, with 83,280 meters already completed in H1-2025.

Key achievements include: Indicated Resources for satellite deposits growing by 404koz to 924koz at 1.32 g/t Au, with an additional 140koz at 1.09 g/t Au of Inferred Resources. The Gbongogo South deposit's Indicated Resources increased by 74koz to 140koz at 1.26 g/t Au, while Koban North delivered a maiden Indicated Resource of 133koz at 1.07 g/t Au.

The company remains on track to achieve its objective of discovering over 1Moz of M&I resources at a 50% higher grade compared to the Koné deposit, with construction progressing on-budget and on-schedule for production start in Q2-2027.

Montage Gold Corp. (OTCQX: MAUTF) has completed a strategic share exchange transaction with Aurum Resources Limited (ASX:AUE). Through this transaction, Montage received 32,887,521 Aurum ordinary shares at A$0.356 per share, while issuing 2,887,496 Montage common shares at C$3.61 per share to Aurum.

The deal results in Montage acquiring a 9.9% stake in Aurum, joining other strategic investors including the Lundin Family and Zhaojin Mining Industry Company. Aurum will utilize the proceeds to advance its gold projects in Côte d'Ivoire, focusing on resource definition drilling at Boundiali and exploration drilling at Napié, along with technical studies and permit applications.