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Montage Gold announces that its Petit Yao target has the potential to become a higher-grade satellite of scale
Globenewswire·2025-11-19 23:28

Core Insights - Montage Gold Corp. has reported multiple high-grade intercepts from its ongoing exploration program at the Petit Yao target, indicating its potential as a significant satellite deposit near the Koné processing plant [2][5][7] Exploration Results - The Petit Yao target has shown continuity over a strike length of over 1.1 km and to a depth of 150 meters, with mineralization open in all directions [3][7] - Notable drill results include: - 6.0 meters at 7.26 g/t Au from 55 meters - 6.0 meters at 5.09 g/t Au from 59 meters - 5.0 meters at 5.12 g/t Au from 43 meters [7][8] Drilling Program - A total of 4,068 meters have been drilled in 2025, with plans for an additional 6,800 meters before year-end, focusing on the Petit Yao target [4][14] - The drilling program has been modified to prioritize the Petit Yao target due to its promising results [6][14] Geology and Mineralization - The Petit Yao target is located approximately 7 km from the Koné processing plant and is characterized by shear-hosted parallel quartz-pyrite ± tourmaline veining [9][12] - The mineralization is associated with specific lithologies, including Birimian fine-grained sediments and mafic volcanics [12] Metallurgical Testing - Preliminary metallurgical tests indicate high recoverable gold rates, with oxide material averaging approximately 98.7% recovery [20] Future Plans - The company aims to publish a maiden starter resource for Petit Yao upon completion of the ongoing drilling program, along with updates for other deposits [7][23]