# Montage Gold grows Koné higher grade satellite resources to 1.7Moz at 1.5 g/t Au Indicated and 0.8Moz at 1.3 g/t Au Inferred

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/montage-gold-grows-kone-higher-grade-satellite-resources-to-1-7moz-at-1-5-g-t-au--38b7c7e6-bfd2-4163-8e67-1efac49d9c47

Original source: https://finance.yahoo.com/markets/commodities/articles/montage-gold-grows-kon-higher-075000145.html

Publisher: yahoo\_press

Original announcement: 2026-06-15T07:50:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Montage Gold

- Ticker: MAU

- Exchange: TSX

- Region: Unavailable

- Primary commodity: Gold

- Secondary commodities: None reported

- Document categories: Resource update

- Extracted: 2026-08-20 21:52:15 UTC

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas summary

Montage Gold has significantly expanded the satellite resource at the Koné project, increasing M&I resources to 1.7Moz at 1.51 g/t Au. Inferred resources for these satellite deposits have also grown from nil to 0.8Moz at 1.34 g/t Au.

Reasoning: The announcement reports a substantial increase in M&I resource tonnage \(+1.1Moz\) and grade \(+27% mentioned in highlights\) for the satellite deposits, alongside the establishment of a new Inferred resource.

- Positive factor: Significant tonnage growth in M&I resources

- Positive factor: Grade improvement in M&I category

- Positive factor: New Inferred resource established

Facts used in scoring: 3

## Classification and evidence

**Tonnage Growth**

Polarity: positive

Definition: Significant tonnage increase \(≥15%\) vs prior estimate with grade maintained or improved.

Why it applies: M&I satellite resources increased by 1.1Moz compared to the 2024 UFS basis.

Evidence · text

> M&I Resources for higher-grade satellite deposits at the Koné project have increased by 1.1Moz to 1.7Moz

**Grade Improvement**

Polarity: positive

Definition: Average resource grade improved vs prior estimate — better deposit economics.

Why it applies: M&I satellite grade increased from 1.48 g/t to 1.51 g/t.

Evidence · text

> Koné project M&I grade up 27%

## Extracted facts

Stored fact records: 3. Some facts used in scoring do not have a stored record.

## Resource Estimates (3)

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/montage-gold-grows-kone-higher-grade-satellite-resources-to-1-7moz-at-1-5-g-t-au--38b7c7e6-bfd2-4163-8e67-1efac49d9c47#fact-resource-facts-0)

gold

#### Identity

- Commodity: gold
- Ticker: MAU

#### Resource Data

- Category: indicated
- Tonnes: 1700000
- Grade: 1.51
- Grade Unit: g/t
- Contained Metal: 84100
- Contained Unit: oz

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-15T00:00:00.000Z

Reasoning: M&I resource increased by 1.1Moz and grade improved compared to the 2024 UFS basis.

- Positive factor: Significant tonnage growth

- Positive factor: Grade improvement

Evidence · text

> M&I Resources for higher-grade satellite deposits at the Koné project have increased by 1.1Moz to 1.7Moz at 1.51 g/t Au

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/montage-gold-grows-kone-higher-grade-satellite-resources-to-1-7moz-at-1-5-g-t-au--38b7c7e6-bfd2-4163-8e67-1efac49d9c47#fact-resource-facts-1)

gold

#### Identity

- Commodity: gold
- Ticker: MAU

#### Resource Data

- Category: inferred
- Tonnes: 800000
- Grade: 1.34
- Grade Unit: g/t
- Contained Metal: 34700
- Contained Unit: oz

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-15T00:00:00.000Z

Reasoning: Inferred resources increased from nil to 0.8Moz, representing new geological continuity.

- Positive factor: New resource category established

Evidence · text

> Inferred Resources for satellite deposits have increased from nil to 0.8Moz at 1.34 g/t Au

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/montage-gold-grows-kone-higher-grade-satellite-resources-to-1-7moz-at-1-5-g-t-au--38b7c7e6-bfd2-4163-8e67-1efac49d9c47#fact-resource-facts-2)

gold

Historical result

Needs review: historical\_restatement

#### Identity

- Commodity: gold
- Ticker: MAU

#### Resource Data

- Category: indicated
- Tonnes: 520000
- Grade: 1.48
- Grade Unit: g/t
- Contained Metal: 25000
- Contained Unit: oz

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2024-01-01T00:00:00.000Z

#### Dates

- Event date: 2026-06-15T00:00:00.000Z

Reasoning: This is the historical basis used for the 2024 Updated Feasibility Study.

Evidence · text

> compared to 520koz at 1.48 g/t Au which was used as a basis for the 2024 Updated Feasibility Study

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.