Montage Gold Receives Mining Permit for Koné Project in Côte d’Ivoire
The Council of Ministers of Côte d’Ivoire has awarded Montage Gold a mining permit for the Koné project, marking a significant milestone in the project’s progress.
Milestone Achieved with Governmental Approvals
This permit is the final governmental authorization needed for the project to move ahead, following the environmental permit received by the company in May for the Koné project.
Montage CEO Martino De Ciccio expressed delight in receiving the mining permit, emphasizing the company’s commitment to driving social and economic benefits for local communities and the government.
Permits Secured for Koné and Gbongogo Deposits
In addition to the Koné permit, Montage has also obtained a permit for the Gbongogo deposit, covering a combined area of 357 km², including high-grade exploration targets.
Insight: Montage Gold’s efforts to secure permits for multiple deposits highlight its strategy to expand its presence and exploration activities in the region, enhancing its potential for long-term growth and sustainability.
Future Plans for Exploration and Development
Montage’s permits offer the opportunity for extensions as further exploration contributes to the mine’s longevity. The company aims to progress the Koné project towards a construction launch by Q1 2025, aligned with an exploration strategy to unlock value for stakeholders.
Insight: Montage Gold’s detailed exploration strategy, including drilling programs and high-grade intercepts, reflects its dedication to maximizing the potential of its projects while maintaining a focus on sustainable operations and community engagement.
Montage’s exploration plans involve a 30,000m drill program set to conclude in late July 2024, with a subsequent 60,000m drill program planned for late Q3 2024.
Insight: The company’s aggressive exploration initiatives indicate its confidence in the potential of its targets and its commitment to continuously enhancing its resource base through systematic drilling and assessment.
Montage Gold Receives Mining Permit for Koné Project in Côte d’Ivoire
The Council of Ministers of Côte d’Ivoire has awarded Montage Gold a mining permit for the Koné project, marking a significant milestone in the project’s progress.
Milestone Achieved with Governmental Approvals
This permit is the final governmental authorization needed for the project to move ahead, following the environmental permit received by the company in May for the Koné project.
Montage CEO Martino De Ciccio expressed delight in receiving the mining permit, emphasizing the company’s commitment to driving social and economic benefits for local communities and the government.
Permits Secured for Koné and Gbongogo Deposits
In addition to the Koné permit, Montage has also obtained a permit for the Gbongogo deposit, covering a combined area of 357 km², including high-grade exploration targets.
Insight: Montage Gold’s efforts to secure permits for multiple deposits highlight its strategy to expand its presence and exploration activities in the region, enhancing its potential for long-term growth and sustainability.
Future Plans for Exploration and Development
Montage’s permits offer the opportunity for extensions as further exploration contributes to the mine’s longevity. The company aims to progress the Koné project towards a construction launch by Q1 2025, aligned with an exploration strategy to unlock value for stakeholders.
Insight: Montage Gold’s detailed exploration strategy, including drilling programs and high-grade intercepts, reflects its dedication to maximizing the potential of its projects while maintaining a focus on sustainable operations and community engagement.
Montage’s exploration plans involve a 30,000m drill program set to conclude in late July 2024, with a subsequent 60,000m drill program planned for late Q3 2024.
Insight: The company’s aggressive exploration initiatives indicate its confidence in the potential of its targets and its commitment to continuously enhancing its resource base through systematic drilling and assessment.
