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Montage Gold continues to rapidly advance its Koné Project with first gold pour expected in late Q4-2026
HIGHLIGHTS: Rapid progress achieved with over 7.2 million hours worked and more than 3,000 e...
About this update from Montage Gold Corp.
[{"type":"text","content":"Montage Gold continues to rapidly advance its Koné Project with first gold pour expected in late Q4-2026On-budget with 63% of capital committed • Ball mill shell delivered to site • Continued strong exploration focus\nHIGHLIGHTS: Rapid progress achieved with over 7.2 million hours worked and more than 3,000 employees and contractors on-siteKey process plant achievements include the erection of all 14 CIL tanks, completion of the oxide sizer, and delivery of the ball mill shell to site with all preparatory works completed in time for installation, marking a significant milestoneOther key workstreams completed include site water storage infrastructure and the resettlement village, whilst other key workstreams such as the HDPE lining of the TSF and grid connection are well advanced Construction remains on-budget with more than $545m of capital committed, representing approximately 63% of the total upfront capital expenditure, with prices in-line with expectationsGiven the strong advancement, the first gold pour is anticipated in late Q4-2026 through the oxide circuit, whilst the hard-rock comminution circuit remains well on schedule for completion in Q2-2027Exploration remains a strong focus at Koné with another initial 90,000-meter drill programme launched for 2026, in addition to 9,000 meters of drilling planned for the recently awarded Wendé advanced greenfield property ABIDJAN, Côte d'Ivoire, Jan. 19, 2026 (GLOBE NEWSWIRE) -- Montage Gold Corp. (“Montage” or the “Company”) (TSX: MAU, OTCQX: MAUTF) is pleased to announce that rapid construction progress continues to be made at its Koné project, in Côte d’Ivoire, where the first gold pour through the oxide circuit is anticipated in late Q4-2026. A total of over 7.2 million construction hours have been worked since the commencement of the project with key milestones achieved including the erection of all 14 CIL tanks, piperack and grid mesh walkways, completion of the oxide sizer and the delivery of the ball mill to site. Given the strong advancement, the first gold pour is anticipated in late Q4-2026 through an oxide circuit startup, whilst the hard-rock comminution circuit remains well on track for completion in Q2-2027. A total of approximately $545 million of capital has been committed to date, repr...