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Montage Gold Corp. reports developments tied to its gold development and exploration portfolio in Côte d’Ivoire. News centers on the flagship Koné project, including mineral resource estimates for the Koné and Gbongogo Main deposits, grade-control results, satellite-deposit exploration, and construction progress.
Company updates also cover portfolio expansion following the completed acquisition of African Gold Limited, which added the resource-stage Didievi project and made African Gold a wholly owned subsidiary. Other recurring items include material agreements, shareholder voting matters, capital-structure disclosures, governance matters, and operating and financial results.
Montage Gold (OTCQX: MAUTF, TSX: MAU) reported Q2‑2026 construction, exploration and financing progress centered on the Koné gold project in Côte d’Ivoire. Koné remains on-budget, with approximately $714.4 million of the planned $885.0 million upfront capital now committed (about 81%) and first gold still targeted in Q4‑2026 through the oxide circuit.
Total construction hours have reached over 12.9 million with a Lost Time Injury Frequency Rate of 0.08, and all major infrastructure for the oxide start-up is complete, allowing dry commissioning and commencement of mining activities. Exploration has accelerated, with 90,576 meters drilled at Koné in H1‑2026, contributing to higher-grade satellite Measured & Indicated resources rising by 1.1Moz to 1.7Moz at 1.51 g/t Au and new Inferred resources of 0.8Moz at 1.34 g/t Au. Ownership of the Didievi project is set to increase from 80% to 95.5%, alongside a 1.5% royalty repurchase, funded in part by a new $75 million unsecured loan from Macquarie Bank. Total liquidity and Koné funding sources stand at $309.0 million versus remaining capital disbursements of $261.2 million, including $161.2 million to complete the oxide circuit.
Montage Gold (TSX: MAU, OTCQX: MAUTF) reported drilling results from its Wendé advanced greenfield exploration property in Côte d’Ivoire and confirmation of the Bobosso target’s prospectivity. The company has completed 6,539m of an ongoing 9,000m RC drill programme budgeted at US$2.0 million, following approximately 60,000m of historical drilling.
Recent holes at Bobosso returned intercepts such as 8.0m at 8.06 g/t Au and 13.0m at 4.36 g/t Au, confirming continuity and extending mineralization along strike and down dip within a ~7km² gold-in-soil anomaly. Wendé now hosts nine defined exploration targets. Montage also received approval for the 349km² Dabakala permit directly north of Wendé, consolidating its exploration footprint. According to the company, these results support its confidence that upcoming drilling could underpin a maiden mineral resource at Wendé, alongside broader growth plans centered on the Koné and Didievi projects.
Montage Gold (OTCQX: MAUTF, TSX: MAU) reported an exploration update on its Didievi project in Côte d’Ivoire, acquired through the April 2026 purchase of African Gold. Since the June 2025 Mineral Resource Estimate for the Blaffo Guetto deposit of 989koz at 2.5 g/t Au, the company has drilled 39,963 meters, mainly at Blaffo Guetto, extending mineralization along more than 1.3km of strike and down-dip.
Recent step-out drilling confirmed continuity of high-grade lenses, with intercepts such as 15.0m at 20.97 g/t Au, 27.4m at 8.46 g/t Au, and shallow 4.0m at 86.47 g/t Au. Montage has launched a new 60,000-meter drill program, budgeted at US$13.5 million, including 50,000 meters to expand and in-fill Blaffo Guetto and 10,000 meters to test 14 identified targets across the Blaffo Guetto, Pranoi and Pokou trends. Environmental and Social Impact Assessment studies are underway as Montage aims to fast-track Didievi as its next development asset.
Montage Gold (TSX: MAU, OTCQX: MAUTF) reported that all resolutions at its June 25, 2026 annual general meeting were approved. Shareholders elected seven directors, including new non-executive directors William Lundin and Teitur Poulsen, with support ranging from 83.54% to 100%.
A total of 248,996,130 shares, or 61.75% of outstanding shares, were voted. Lundin joins the Technical and ESG Committee, while Poulsen joins the Audit and Corporate Governance and Nominating Committees. The board now comprises seven members, including Chair Ron Hochstein and CEO Martino De Ciccio.
Montage Gold (OTCQX:MAUTF, TSX:MAU) reported a major resource update at its Koné project in Côte d’Ivoire. Higher-grade satellite Measured & Indicated resources rose to 1.66Moz at 1.51 g/t Au with Inferred at 0.77Moz at 1.34 g/t Au.
Total Koné M&I resources increased by 1.42Moz to 6.29Moz at 0.80 g/t Au, while Inferred grew to 2.03Moz at 0.68 g/t Au, with grades up 27% and 36% versus the 2024 feasibility basis. Construction remains on-budget and ahead of schedule, with first gold pour targeted for late Q4 2026 and a 90,000m drill program underway.
Montage Gold (OTCQX:MAUTF) reported Q1-2026 progress at its Koné gold project in Côte d’Ivoire and broader exploration portfolio.
Construction is on-budget and ahead of schedule, with first gold targeted in late Q4-2026 and approximately 72% of the $885.0 million upfront capital now committed.
Total Koné capital committed reached $606.9 million at quarter-end and about $636.9 million currently, with 10.4 million hours worked and an LTIFR of 0.11. A 90,000-meter drill program at Koné has completed 47,254 meters, and updated and maiden resource estimates for multiple satellite deposits are expected in Q2-2026. Montage also closed the acquisition of African Gold’s Didievi project and is advancing a 40,000-meter program there, while early-stage work progresses at Wendé in Côte d’Ivoire and Sfariat/Zednes in Mauritania. Total liquidity and Koné funding sources stood at $440.2 million versus remaining capital disbursements of $380.1 million.
Montage Gold (TSX:MAU; OTCQX:MAUTF) completed its acquisition of African Gold (ASX:A1G) on April 29, 2026, making African Gold a wholly owned subsidiary and adding the Didievi resource-stage project in Côte d’Ivoire to Montage’s portfolio.
The transaction issued 29,957,800 new Montage shares (bringing total to 402,875,311 outstanding) and 2,951,600 Montage options. Montage says its Koné project remains on-budget and ahead of schedule, targeting first gold pour in late Q4 2026.
Montage Gold (OTCQX: MAUTF) secured five greenfield gold exploration permits totaling approximately 2,103 km2 in northern Mauritania on April 14, 2026. Four permits are owned 100% (Sfariat) and one (Zednes) is an 80% interest subject to approvals. Montage allocated up to US$2.0 million for 2026 exploration, including ~6,000m of soil sampling and plans for ~15,000m of AC/RC drilling beginning Q4-2026. Initial work is focused on reconnaissance, geological mapping and target definition across Birimian-Archean contact zones and major shear structures.
Montage Gold (OTCQX: MAUTF) announced that shareholders and optionholders of African Gold (ASX:A1G) voted in favour of the proposed schemes of arrangement to effect Montage's proposed acquisition of 100% of African Gold.
The voting satisfies two key remaining conditions precedent. The Schemes remain subject to Supreme Court of Western Australia approval on April 17, 2026, and, if approved, are expected to become effective on or around April 20, 2026 with implementation targeted for April 29, 2026. Other customary conditions precedent still apply.
Montage Gold (TSX: MAU, OTCQX: MAUTF) published an updated Mineral Resource Estimate for the Koné and Gbongogo Main deposits dated March 30, 2026. M&I resources rose by 671 koz to 5.88 Moz (0.77 g/t) and Inferred resources rose by 782 koz to 1.56 Moz (0.58 g/t). Koné M&I increased to 4.63 Moz and Gbongogo Main Indicated rose to 783 koz.
The company completed 174,000 m of drilling in 2025 and launched a 90,000 m 2026 program; first gold pour through the oxide circuit is targeted in late Q4-2026.