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Montage Gold Corp V.MAU

Alternate Symbol(s):  MAUTF

Montage Gold Corp. is a Canada-based precious metals exploration and development company. The Company is principally engaged in the acquisition, exploration, and development of mineral properties in Africa. It is focused on the exploration and development of properties in Cote d'Ivoire. The Company's property is the Kone Gold Project. The Kone Gold Project (KGP) is located approximately 350 kilometers north-west of Yamoussoukro, the political capital of Cote d'Ivoire, and approximately 600 km north-west of Abidjan, the commercial capital of the Country. The Company's original land package included the 300 square kilometers (km2) Kone Exploration Permit (PR 262), the 362 km2 Faradougou Exploration Permit (PR 748) and three exploration permit applications totaling 780km2. The Kone Exploration Permit hosts the Kone deposit which comprises an Indicated Mineral Resource.


TSXV:MAU - Post by User

Comment by kkkrrron Mar 09, 2022 6:33pm
120 Views
Post# 34501310

RE:RE:RE:RE:RE:RE:speculation....Perseus buys Orca for getting Kone...

RE:RE:RE:RE:RE:RE:speculation....Perseus buys Orca for getting Kone...The release of our Definitive Feasibility Study ("DFS") results on February 14, 2022, illustrated the expected robust economics of the KGP with a long potential mine life of 14.8 years, producing an estimated average of 207koz/year at all-in sustaining costs (non-GAAP) of $933/oz. During the first 5 years of production, the Project is expected to produce 272koz/year with a payback period of 2.7 years at a gold price of $1,600/oz. Investment interest in the Project has increased significantly following the release of the DFS and we look forward to commencing the project financing mandate which will run in parallel with our ongoing permitting efforts."


and all this without satellite deposits.. huge upside here...
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