Montage Gold Corp. Stock Analysis MAU.V

Montage Gold Corp. engages in the acquisition, exploration and development of mineral properties in Western Africa. The company is headquartered in Vancouver, British Columbia and currently employs 60 full-time employees. The company went IPO on 2020-10-23. The firm is engaged in the exploration and development of mineral properties in Cote d’Ivoire including the Kone gold project (Kone project) which is at the feasibility stage. The Kone Gold Project is located approximately 350 kilometers north-west of Yamoussoukro, the political capital of Cote d’Ivoire, and approximately 600 kilometers north-west of Abidjan, the commercial capital of the country. The Kone project includes the Kone Exploitation Permit (PE0061), the Farandougou Exploration Permit (PR 748), the Sisseple North Exploration Permit (PR 879b), the Mankono acquired properties (Mankono Acquisition), and two Exploration Permit applications located in the area near the Kone project. The total project area comprises six exploration permits (covering 1,801 square kilometers (km2)) plus an additional two applications (458 km2), for a total contiguous area of 2,259 km2.