Montage Gold expands its exploration portfolio in Côte d’Ivoire along its Koné Project and is granted a new greenfield property
Globenewswire·2025-12-16 22:15

Core Insights - Montage Gold Corp. has received approval for two exploration permits in Côte d'Ivoire, enhancing its Koné project land package and adding the Wendé advanced greenfield exploration property [1][4][5] Group 1: Koné Project Expansion - The Koné project land package has increased by 381 km² to a total of 1,699 km² following the grant of the Gbatosso exploration permit, which is strategically located along the Lokolo and Yeré trends [2][8][11] - The Koné project is one of West Africa's largest gold projects, comprising seven mineralized trends with over 50 identified targets, all of which have confirmed mineralization at the 23 targets drill-tested in 2024 and 2025 [11] Group 2: Wendé Exploration Permit - The Wendé permit covers approximately 107 km² and is located along the Ouango-Fitini shear zone, close to significant gold mining operations, with a notable 7 km gold-in-soil anomaly showing assays over 100 ppb [3][18][21] - Exploration activities at the Wendé property are set to begin in early 2026, including geochemical and geophysical surveys, as well as exploration drilling on prospective targets [3][7] Group 3: Strategic Positioning and Future Plans - The CEO of Montage expressed satisfaction with the additional exploration permits, emphasizing the strategic expansion of the Koné project and the potential of the Wendé property [4][5] - The company aims to create a multi-asset exploration pipeline, leveraging its technical expertise and established presence in the region to unlock significant exploration value [5][7]