Montage Gold Corp. ( (TSE:MAU) ) has issued an update.
Montage Gold Corp. has entered a strategic partnership with African Gold Limited to advance the Didievi project in Côte d’Ivoire. This partnership allows Montage to acquire up to a 19.9% stake in African Gold and become the operator of the Didievi project, leveraging its expertise in the region. The collaboration is expected to enhance exploration efforts and unlock significant value from African Gold’s portfolio, particularly the high-grade Didievi project, which is undergoing a 10,000-meter drill program. This move aligns with Montage’s strategy to expand its presence and exploration activities in Côte d’Ivoire, potentially benefiting stakeholders through increased resource development and exploration success.
More about Montage Gold Corp.
Montage Gold Corp. operates in the mining industry, focusing on gold exploration and development. The company is primarily engaged in advancing its flagship Koné project and is actively involved in greenfield exploration, particularly in Côte d’Ivoire.
YTD Price Performance: 35.68%
Average Trading Volume: 211,346
Technical Sentiment Signal: Sell
Current Market Cap: C$1.01B
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