Montage Gold (MAUTF) Stock News

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 $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.

Montage Gold Corp. (OTCQX: MAUTF) has appointed Jeremy Langford to its Board of Directors, effective July 7, 2025. Langford brings extensive experience in designing, building, commissioning, and operating large-scale gold mining projects globally, particularly in West Africa.

The appointment comes as Montage continues the development of its Koné project, which remains on-budget and on-schedule for first gold pour in Q2-2027. Following this appointment, Montage's Board will consist of seven members, including both independent and non-independent directors.

Montage Gold Corp. has completed the second tranche of its strategic investment in African Gold Limited, marking a significant milestone in their partnership. The Share Exchange Transaction involves Montage receiving 92.38M African Gold Ordinary Shares at A$0.07 per share, while African Gold receives 2.03M Montage Common Shares at C$2.87 per share. In this second tranche, 46.36M African Gold shares were issued to Montage, and 1.02M Montage shares were issued to African Gold, subject to a hold period until October 13, 2025. Additionally, Montage secured a technical services agreement for managing operations at the Didievi Project and obtained first refusal rights for African Gold's interests in both the Didievi Project and Angoda Permit.

Montage Gold Corp. (TSX: MAU, OTCQX: MAUTF) held its Annual and Special General Meeting with strong shareholder participation, as 208,377,611 common shares (58.85% of outstanding shares) were voted. All resolutions passed successfully, including the appointment of auditors with 100% approval, election of directors with high approval rates ranging from 89.89% to 100%, and the Omnibus Equity Incentive Plan with 91.92% support. Notable director elections included Alessandro Bitelli and Martino De Ciccio, both receiving near-unanimous approval at 100%, while Richard P. Clark received 89.89% support.