Montage Gold Launches the Construction of Its Koné Project With First Gold Pour Expected in Q2-2027
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Montage Gold Corp. has commenced construction of its Koné project in Côte d'Ivoire, with first gold production expected in Q2-2027. The project is fully funded, with significant liquidity and support from local communities and government officials.
December 18, 2024 | 10:15 pm
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Montage Gold Corp. has started construction on its Koné project, with first gold production expected in Q2-2027. The project is fully funded, with over $900m in liquidity, and has strong local support.
The commencement of construction and the expected first gold production in Q2-2027 are positive indicators for Montage Gold Corp. The project is fully funded, which reduces financial risk, and has strong local support, which may facilitate smoother operations. These factors are likely to positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100