Montage Gold - D1 - Feb 2022last news: Hugh Stuart, Montage CEO commented, "With most aspects of the DFS nearing completion the Company expects to release the results to the market in early February.
"The DFS has gone well with the bulk of the test work and studies (geotechnical, mining, metallurgical) largely confirming the assumptions from the May 2021 Preliminary Economic Assessment ("PEA") which outlined average annual gold production of >200,000 ounces per year over a 15-year project life. We are expecting the maiden Mineral Reserves Estimate to be in-line with in-pit material reported from the PEA.
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Montage Gold - D1 - dec 2021LAST news :
is pleased to report additional near surface high-grade drill results from the Petit Yao Central target within the Koné Gold Project ("KGP") in Côte d'Ivoire. The Company is also pleased to provide an update on the ongoing Feasibility Study and permitting progress at the KGP as well as other exploration activities within the portfolio.
Hugh Stuart, Montage CEO commented, "We continue to be impressed with the high-grade drill results at Petit Yao Central which is showing potential as a satellite pit for the KGP. The mineralization sits near surface, predominantly in oxides, is shallow dipping and is open in all directions. This program will enable us to evaluate the resource potential of Petit Yao Central while we plan to test the strike extensions.