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Montage Gold Corp V.MAU

Alternate Symbol(s):  MAUTF

Montage Gold Corp. is a Canada-based mineral resource company. The Company is engaged in the exploration and development of mineral properties in Cote d’Ivoire including the Kone gold project (Kone project) which is at the feasibility stage. The Kone Gold Project is located approximately 350 kilometers north-west of Yamoussoukro, the political capital of Cote d’Ivoire, and approximately 600 kilometers north-west of Abidjan, the commercial capital of the country. The Kone project includes the Kone Exploitation Permit (PE0061), the Farandougou Exploration Permit (PR 748), the Sisseple North Exploration Permit (PR 879b), the Mankono acquired properties (Mankono Acquisition), and two Exploration Permit applications located in the area near the Kone project. The total project area comprises six exploration permits (covering 1,801 square kilometers (km2)) plus an additional two applications (458 km2), for a total contiguous area of 2,259 km2.


TSXV:MAU - Post by User

Post by AwareInvestoron May 25, 2021 9:11am
129 Views
Post# 33258918

Montage Gold Indicates IRR Of 31% For Kone Project In PEA

Montage Gold Indicates IRR Of 31% For Kone Project In PEA
Montage Gold Corp. shared today the results of its preliminary economic assessment for the Kon Gold project in Cte d’Ivoire. The results highlighted a US$652.2M after-tax NPV5% and 30.9% after-tax IRR at a base case price of US$1,600 per gold ounce.
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