What does Montage Gold Corp. mine?

Montage Gold Corp. is focused on Gold.

What is the economic value of Montage Gold Corp.'s Koné Gold Project?

According to its Feasibility, Koné Gold Project has an after-tax NPV of $1.09B and an IRR of 31%.

What exchange is Montage Gold Corp. listed on?

Montage Gold Corp. trades under the ticker MAU.TO on the Toronto Stock Exchange (TSX).

How many projects does Montage Gold Corp. have?

We track 3 projects with extracted technical and economic data for Montage Gold Corp.

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Montage Gold Corp.

MAU.TOSmall CapGold

Price History

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About Montage Gold Corp.

Montage Gold Corp. (MAU.TO) is a gold mining company listed on the Toronto Stock Exchange (TSX). Our project database tracks 3 projects for Montage Gold Corp. with technical and economic data extracted from company filings. Its flagship Koné Gold Project (Feasibility) carries an after-tax NPV of $1.09B and an IRR of 31% over a 16-year mine life.

Montage Gold is developing the Kone gold project in Cote d'Ivoire, an advanced-stage asset with significant mineral resources in a growing West African mining jurisdiction. The project benefits from existing infrastructure and government support, positioning Montage for near-term development.

Primary Commodities

Gold

Project Economics

Didievi Project

Gold· Côte d'Ivoire· Development

Resource Estimate

Contained Metal1 Moz Au

Mineral Resources: Inferred Resource of 989koz at 2.5 g/t Au (JORC 2012, reported by African Gold Nov 17, 2025)

Source: Company presentation

Koné Gold Project

Gold· Côte d'Ivoire (northwest, 470 km NW of Abidjan; straddles Departments of Kani, Dianra and Boundiali in Worodougou and Savanes regions)· Development

Feasibility

Feb 2024

NPV (After-Tax) @ 5%$1.09B

NPV (Pre-Tax)$1.44B

IRR (After-Tax)31%

Initial Capex$712M

Payback2.6 yrs

AISC998 USD/oz

Mine Life16 yrs

Annual Production223 koz Au

Head Grade0.72 g/t Au

Recovery89%

Mine TypeOpen-pit

Strip Ratio1.18:1

Ownership100%

Contained Metal4.9 Moz Au

Mineral Reserves: Not explicitly stated in provided text (reserves table mentioned but not shown in excerpts)
Mineral Resources: Indicated: 240 Mt at 0.63 g/t Au for 4.87 Moz; Inferred: 25 Mt at 0.5 g/t Au for 0.40 Moz (Koné 0.20 g/t cut-off, Gbongogo 0.50 g/t cut-off; effective date 19 Dec 2023)
Royalties / Streams: Government royalty 4.0%; Triple Flag royalty 2.0% on Koné pits; Barrick/Endeavour royalty 2.0% on Gbongogo pit; Community royalty 0.5%

Source: Technical report

Koné Gold Project (KGP)

Gold· Côte d'Ivoire (northwest, 470 km northwest of Abidjan, Worodougou region)· Development

Feasibility

Feb 2022

NPV (After-Tax) @ 5%$746M

IRR (After-Tax)34.8%

Initial Capex$544M

AISC933 USD/oz

Annual Production207 koz Au

Head Grade0.66 g/t Au

Recovery89.3%

Source: Technical report

Project figures are automatically extracted from company filings and presentations and reflect the most recent disclosure found. They may contain errors — always verify against the linked source document.

Financial Metrics

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Frequently Asked Questions

What does Montage Gold Corp. mine?: Montage Gold Corp. is focused on Gold.
What is the economic value of Montage Gold Corp.'s Koné Gold Project?: According to its Feasibility, Koné Gold Project has an after-tax NPV of $1.09B and an IRR of 31%.
What exchange is Montage Gold Corp. listed on?: Montage Gold Corp. trades under the ticker MAU.TO on the Toronto Stock Exchange (TSX).
How many projects does Montage Gold Corp. have?: We track 3 projects with extracted technical and economic data for Montage Gold Corp.

Quick Facts

Ticker Symbol: MAU.TO
Market Cap: Small Cap
Category: Gold
Commodities: Gold

This information is for educational purposes only and does not constitute investment advice. Always conduct your own research before making investment decisions.

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