GlobeNewswire·Nov 11, 2026, 5:15 PM ET

Montage Gold reports on its Q3-2026 activities

First gold pour achieved at the Koné mine oxide circuit on September 26, 2026, ahead of the initial Q2-2027 schedule
The process plant operated at over 90% of its 11 Mtpa nameplate capacity in October, reaching 104% during the last week of the month
Total construction hours worked at Koné exceeded 15.2 million, with over 2,800 employees & contractors currently on site
The hard-rock comminution circuit construction remains on track for completion in Q2-2027 & on budget
Total capital committed for Koné mine construction reached $796.4 million as of November 11, 2026, representing approximately 90% of the total $885.0 million budget
Koné mine exploration drilled 122,570 metres year-to-date in 2026, out of a 130,000-metre annual program
Didievi project exploration drilled 57,143 metres year-to-date in 2026, out of an 85,000-metre annual program, yielding high-grade intercepts
Wendé property exploration completed its 9,000-metre annual program with 8,982 metres drilled, supporting plans to delineate a maiden resource
Mauritania exploration activities are underway across 2,702 km² of blocks ahead of reconnaissance drilling expected in early 2027
Available liquidity stood at $205.6 million against remaining capital disbursements of $159.8 million at quarter-end
The Company aims to declare commercial production on the oxide circuit in Q4-2026
Exploration expenditure for the nine months ended September 30, 2026, totaled $30.2 million for Montage across 167,273 metres drilled
Montage increased its interest in the Didievi project to 95.5% & reduced third-party royalties to 0.5% following a transaction in Q3-2026

Company: Montage Gold Corp
Keywords: Toronto Stock Exchange:MAU, Montage Gold Corp, mining, gold, exploration