African Gold Advances Côte d’Ivoire Growth as Montage Takeover and High-Grade Drilling Progress

African Gold Ltd. ( (AU:A1G) ) just unveiled an announcement.

African Gold Ltd. reported a pivotal December 2025 quarter marked by a binding scheme of arrangement under which Montage Gold Corp will acquire all remaining African Gold shares, giving African Gold investors equity in a larger, better-capitalised Côte d’Ivoire-focused gold development company; a parallel scheme is proposed for options, and the company also exercised its option to lift its stake in Kouroufaba Gold Ltd to 80%, consolidating control over key Ivorian exploration permits. Operationally, the quarter delivered strong exploration results at the Blaffo Guetto deposit within the Didievi Project, where step-out drilling returned multiple high-grade gold intersections beyond the current resource and metallurgical tests confirmed non-refractory ore suitable for conventional CIL processing, while auger drilling at Konahiri advanced several priority gold-in-soil targets, and the company’s cash position was bolstered by the sale of Montage shares and option exercises, collectively de-risking project development and enhancing its regional growth platform ahead of the transaction with Montage.

The most recent analyst rating on (AU:A1G) stock is a Hold with a A$0.71 price target. To see the full list of analyst forecasts on African Gold Ltd. stock, see the AU:A1G Stock Forecast page.

More about African Gold Ltd.

African Gold Ltd. is an ASX-listed gold exploration and development company focused on building a dominant exploration footprint in Côte d’Ivoire. Its core portfolio includes the Didievi, Konahiri North, Konahiri South and Koyekro permits, with the flagship Blaffo Guetto deposit, and it is advancing multiple gold-in-soil targets across a landholding of about 1,428 km².

Average Trading Volume: 2,617,147

Technical Sentiment Signal: Buy

Current Market Cap: A$457.4M

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