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Highlights
- Montage Gold reports new high-grade results from the Petit Yao target near the Koné processing plant
- Drilling confirms mineralization over 1.1km of strike and shallow depths with open extensions
- New intercepts include 6.0m at 7.26 g/t Au and 6.0m at 5.09 g/t Au
- Exploration focus has shifted to Petit Yao with 6,800m of additional drilling planned this year
- Maiden resource estimate expected once the ongoing programme is completed
Montage Gold Corp. (TSX:MAU) announced new encouraging drill results from the Petit Yao target at its Koné project in Côte d’Ivoire, reinforcing its potential to become a higher-grade satellite of scale. Located just 7km from the Koné processing plant, Petit Yao has quickly become a priority exploration zone due to multiple impressive intercepts and its strategic position within the existing mining permit area.
Recent drilling has delivered standout results, including 6.0m at 7.26 g/t Au from 55m, 6.0m at 5.09 g/t Au from 59m, and 5.0m at 5.12 g/t Au from 43m. These intercepts confirm mineralization continuity across more than 1.1km of strike and depths of approximately 150m, with all areas remaining open for expansion. With assays from several holes still pending, the company sees meaningful upside ahead.
Expanded Drilling Programme Aimed at Delivering Maiden Resource
Montage has drilled 4,068m at Petit Yao so far in 2025, with nearly half of that completed in October. Initial work consisted of diamond drilling and RC drilling to test continuity and grade distribution. The strong results have prompted the company to restructure its exploration plans to accelerate drilling at Petit Yao.
An additional programme of 6,500m of RC drilling and 300m of diamond drilling is expected to be completed before year-end. This phase will focus on step-outs along strike, infill drilling, and evaluating depth extensions. The company is also commencing 1,000m of scout auger drilling on a nearby soil geochemical anomaly to test for further potential mineralized zones northeast of the primary target.
Metallurgical bottle-roll testing has returned favourable early results, with average recoveries of approximately 98.7% in oxide material, 97.5% in transition zones, and 96.0% in fresh rock.
Strategic Importance to Koné Project Development
Montage Gold views Petit Yao as an important contributor to its long-term vision for the Koné project, which is expected to enter production in Q2-2027. Based on the 2024 Updated Feasibility Study, Koné has a projected 16-year mine life and annual production of more than 300koz over its first eight years. Higher-grade satellite deposits such as Petit Yao have the potential to enhance early production profiles and improve overall project economics.
The company anticipates publishing a maiden resource for Petit Yao once drilling concludes, along with updated resource estimates for other targets including Gbongogo South, Koban North, ANV, Yeré North, Lokolo Main, Sena, and Diouma North.
Conclusion
Montage Gold’s continued exploration momentum at Petit Yao highlights the target’s potential to become a meaningful high-grade satellite deposit for the Koné project. With drilling intensifying and early results indicating continuity, scale, and promising grades, the coming months are expected to bring important milestones, including the project’s first resource estimate and further exploration updates across the broader land package.
MAU closed at CAD 6.99 on Nov 19, 2025 down CAD 0.060 or 0.85%.
