Montage Gold Expects Resource Expansion at Kone Mine as Ramp-Up Continues

06:03 AM EST, 11/04/2026 (MT Newswires) -- Montage Gold (MAU.TO) received drill results from its exploration program at the Kone mine in Cote d'Ivoire that supports a potential expansion of resources while discovering new deposits. Mining activities are focused on the Kone deposit, with mining at the higher-grade Gbongogo Main deposit expected to ramp up late in the fourth quarter, the company said Tuesday. The average processed head grade for October was 0.82 grams per tonne gold, yielding about 23,460 ounces of production. Following the first gold pour at the Kone mine on Sept. 26, activities have ramped up to put the project on track for commercial production in the fourth quarter. About 880,000 tonnes were processed from the oxide circuit in October, with the plant operating at an average of at least 90% of its nameplate capacity of 11 million tonnes per annum.