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ITP: Hugh Stuart, CEO, Montage Gold (MAU.V)

by Lobo Tiggre
Saturday, January 16, 12:00pm, UTC, 2021

Orca Gold spun its Côte d’Ivoire projects out into Montage Gold was a couple years ago. The core asset was a 1.5-million ounce resource called Koné (within a larger project called Morondo), averaging 0.91 g/t gold. Montage has doubled the amount of drilling on this deposit, the results of which will be included in a new resource estimate due out soon. But the gold is mostly in “fresh” rock. That means it’s not amenable to low-cost heap leach processing. So does it matter if the company doubles the deposit if the gold is going to stay in the ground? Well, CEO, Hugh Stuart says the project’s economic look a whole lot better than one might think. I asked him to tell us why…




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