Montage expands exploration portfolio in Côte d’Ivoire

Montage Gold was granted two exploration permits, thus increasing its operations in Côte d’Ivoire.

The Koné project land package has increased by 381km2 to 1,699km2 following the grant of the Gbatosso exploration permit, which is located in a highly prospective area along the continuity with the Lokolo and Yeré trends, within trucking distance to the Koné processing plant.

In addition, Montage has been granted the Wendé permit, covering an area of approximately 107km2, located along the Ouango-Fitini shear zone in close proximity to several other significant gold mining operations and deposits. Historical workings on

the property highlight a significant 7km2 gold-in-soil anomaly with assays grading over 100ppb.

Exploration activities on the Wendé property are set to beginning in early 2026 with both geochemical and geophysical surveys, in addition to exploration drilling on prospective targets.

Martino De Ciccio, CEO of Montage, commented: “We are delighted to be granted additional exploration permits in Côte d’Ivoire which both strategically expands our land package along the Koné project and adds the highly prospective Wendé advanced

greenfield exploration property. Moreover, it reflects the strong support we continue to receive from our local stakeholders as we strive to position Montage as the partner of choice through our win-win approach and strong focus on local content.

With construction at the Koné project rapidly advancing, remaining on-budget and well on-schedule, we are well positioned to unlock significant exploration value by leveraging our extensive technical expertise and established presence in the region. The recently

announced acquisition of African Gold will add the high-quality resource-stage Didievi project, which is expected to provide near- term growth, while the recently granted Wendé property provides the potential to source the next project organically.

We are very pleased with the momentum generated across the business as we continue to execute on our strategy of creating a premier multi-asset African gold producer and delivering value for all our stakeholders.”

Silvia Bottero, EVP Exploration of Montage commented: “We are very pleased to have secured the Gbatosso permit given its highly strategic positioning within the Koné project as the Lokolo trend and Yeré trend, which are both known to host significant gold

mineralisation as demonstrated with our recent drilling campaigns, are known to extend into the Gbatosso permit. We continue to be very excited with the exploration potential at our Koné project and look forward to continuing to deliver strong resource growth

next year, including a maiden resource for the recently announced Petit Yao discovery where drilling is now intensifying.

Additionally, the award of the highly prospective Wendé advanced greenfield exploration permit marks a milestone in Montage’s exploration strategy as we embark to create a multi-asset exploration pipeline with the goal of sourcing the next project organically through our ability to stake and explore grounds. Wendé is located on a major gold mineralised and structurally important trend where historical exploration work on the property confirmed its prospectivity.”