Montage Gold (MAU ) 2025 Precious Metals Summit - Beaver Creek summary

Project overview and regional context

• Rapid project advancement in West Africa, leveraging experienced team with strong local and industry ties.

• Côte d'Ivoire offers a diversified, fast-growing economy with mining at 7% of GDP and favorable permitting timelines.

• Project area hosts multiple deposits, with reserves growing from 4 to 6 million ounces and seven new deposits added recently.

Resource development and production profile

• Koné mine features long life, low costs, and scalable production, targeting 350,000–400,000 ounces annually in early years.

• Initial production blends higher-grade Gbongogo with Koné, supporting elevated output for the first three years.

• Ongoing infill drilling and plant upgrades expected to further boost grades and throughput.

• Oxide startup could accelerate first production to late next year, ahead of previous Q2 2027 target.

Exploration and growth initiatives

• Over 50 exploration targets identified; 20+ drilled with all returning high-grade intercepts.

• Seven new deposits published with grades 60–160% higher than Koné.

• Drilling budget increased to 90,000–120,000 meters for the year, with new resources expected soon.

• Additional permits and greenfield properties under consideration for portfolio expansion.