Montage Gold Discovers Large Gold Deposit in Ivory Coast
Canadian mining company Montage Gold has made a significant gold discovery at the Koné mining project, located in Ivory Coast.
Construction of the Koné mine, with an expected lifespan of around 20 years, is set to start in the last quarter of 2024, with production scheduled to commence in 2027. The processing plant at the Koné project is projected to have an annual capacity of 11 million tons of ore.
Martino De Ciccio, CEO of Montage Gold revealed: “The mineral resources of this deposit, the largest mine in the country to date, are estimated at 5 million ounces, or 155.5 tons of gold with an average grade of 0.72g/t.”
