Montage Gold announces grade control results and resource increase for its Koné and Gbongogo Main deposits at its Koné Project

Original announcement by tmx on

Company
Montage Gold Corp.
Ticker
MAU
Exchange
TSX
Region
Côte d’Ivoire
Primary commodity
Gold
Secondary commodities
None reported
Document categories
Resource update, Drill results
Extracted
2026-09-14 11:01:16 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Montage Gold Corp. announced a significant update to the Mineral Resource Estimate for its Koné and Gbongogo Main deposits in Côte d’Ivoire, reporting substantial increases in both Measured & Indicated and Inferred gold resources. The Koné project's overall Measured & Indicated resources grew by 671koz to 5.88Moz at 0.77 g/t Au, a 24% grade increase, and Inferred resources increased by 782koz to 1.56Moz at 0.58 g/t Au. The update includes a maiden Measured resource for the Koné deposit of 229koz at 0.83 g/t Au, reflecting enhanced geological confidence from extensive grade control drilling and a transition to Ordinary Kriging modeling. Construction at the Koné project remains on-budget and ahead of schedule, with first gold pour anticipated in late Q4-2026.

Reasoning: The updated Mineral Resource Estimate demonstrates substantial growth in gold resources, particularly in the higher-confidence Measured and Indicated categories, with improved grades and robust technical validation, significantly enhancing the project's value and de-risking future production.

Positive factors

  • Significant increase in Measured & Indicated and Inferred resources for the overall project
  • Maiden Measured resource established for the Koné deposit, indicating higher confidence
  • Improved grades across Measured, Indicated, and Inferred categories for Koné and Gbongogo Main deposits
  • Transition to Ordinary Kriging modeling for improved resolution and grade selectivity
  • Extensive grade control drilling de-risks production and enhances understanding of grade continuity
  • Construction at the Koné project is on-budget and ahead of schedule
  • QP sign-off and independent review for the updated MREs
  • Strong exploration potential highlighted by increased Inferred resources and planned future updates for satellite deposits

Negative factors

  • Indicated tonnage for Koné deposit and total project decreased, though offset by grade increases
  • Inferred tonnage and contained metal for 'Other satellite deposits' slightly decreased

Low confidence — this extraction should be reviewed alongside the original source.

Facts used in scoring: 41

Extracted facts

Stored fact records: 41. Some facts used in scoring do not have a stored record.

Drill Results (2)

KORC028Koné · goldGrade: 1.39Grade Unit: g/tIntercept: 56 mView all details
Link to this fact

Identity

Hole ID
KORC028
Project
Koné
Commodity
gold
Region
côte d’ivoire
Reported Region
côte d’ivoire
Ticker
MAU

Geometry

Grade
1.39
Grade Unit
g/t
Intercept
56 m
From
96 m
To
152 m
Hole Depth
155 m
Intercept Depth
96 m

Classification

Program
mixed
Sample Type
drill
Group ID
KORC028:96-152

Location

Location
Koné
Easting
756849
Northing
964728
CRS
UTM Zone 29N
Elevation
378 m
Azimuth
125 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates, umpire

Compositing

Cutoff Grade
0.2
Cutoff Unit
g/t Au

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-03-30T00:00:00.000Z

Reasoning: This intercept shows a moderate gold grade over a significant apparent width, contributing positively to the resource understanding, though true width is not explicitly stated.

Positive factors

  • Strong intercept length
  • Moderate grade
  • QA/QC disclosed
  • QP/CP signed
  • Certified lab
  • Compositing transparent

Negative factors

  • Apparent width only

Evidence · table

“1.39”

Context: 56.0

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Montage Gold announces grade control results and resource increase for its Koné and Gbongogo Main deposits at its Koné P"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: The reported intercept length is apparent width, with true thickness estimated to be 70-90% of drilled intersections.

Evidence · text

“All intercepts are apparent width. Based upon current interpretation it is estimated true thickness range between 70% and 90% of the drilled intersections.”

QA/QC DisclosedRejected · positive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Reason: The release details a robust QA/QC program including certified labs, QP sign-off, and various methods.

Evidence · text

“A robust and systematic in-house QA/QC programme was implemented and actively managed by Montage to ensure continuous monitoring of analytical accuracy, precision, and potential contamination throughout the entire sampling, preparation, and analytical workflow.”

QP/CP SignedRejected · positive · Story-specific tag

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Reason: The scientific and technical contents have been verified and approved by Silvia Bottero, a Qualified Person.

Evidence · text

“The scientific and technical contents of this press release have been verified and approved by Silvia Bottero, BSc, MSc, a Qualified Person pursuant to National Instrument 43-101.”

Certified LabRejected · positive · Story-specific tag

No canonical definition is currently available.

Reason: Samples were transported to Bureau Veritas and MSALAB facilities for preparation and analysis.

Evidence · text

“All samples were securely transported under chain-of-custody procedures to the Bureau Veritas laboratory in Abidjan, Côte d’Ivoire for preparation and analysis. During 2025, a total of 17,063 AGC primary samples and 38,851 GC primary samples from Koné deposit were analysed by MSALAB facilities in Yamoussoukro, Cote d’Ivoire.”

Compositing TransparentRejected · positive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Reason: Cut-off grade, minimum value composite, and maximum interval dilution length are stated for exploration drillholes.

Evidence · text

“Results for exploration drillholes (Koné deposit) used the following parameters: 0.2 g/t Au cut off for samples, 0.3 g/t Au minimum value composite and 10.0 meter maximum interval dilution length.”
KORC030Koné · goldGrade: 1.12Grade Unit: g/tIntercept: 13 mView all details
Link to this fact

Identity

Hole ID
KORC030
Project
Koné
Commodity
gold
Region
côte d’ivoire
Reported Region
côte d’ivoire
Ticker
MAU

Geometry

Grade
1.12
Grade Unit
g/t
Intercept
13 m
From
1 m
To
14 m
Hole Depth
160 m
Intercept Depth
1 m

Classification

Program
mixed
Sample Type
drill
Group ID
KORC030:1-14

Location

Location
Koné
Easting
756782
Northing
964775
CRS
UTM Zone 29N
Elevation
383 m
Azimuth
125 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates, umpire

Compositing

Cutoff Grade
0.2
Cutoff Unit
g/t Au

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-03-30T00:00:00.000Z

Reasoning: This intercept shows a moderate gold grade over a narrow apparent width, contributing to the overall resource definition.

Positive factors

  • Moderate grade
  • QA/QC disclosed
  • QP/CP signed
  • Certified lab
  • Compositing transparent

Negative factors

  • Narrow intercept length
  • Apparent width only

Evidence · table

“1.12”

Context: 13.0

Tags used in scoring

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Montage Gold announces grade control results and resource increase for its Koné and Gbongogo Main deposits at its Koné P"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: The reported intercept length is apparent width, with true thickness estimated to be 70-90% of drilled intersections.

Evidence · text

“All intercepts are apparent width. Based upon current interpretation it is estimated true thickness range between 70% and 90% of the drilled intersections.”

QA/QC DisclosedRejected · positive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Reason: The release details a robust QA/QC program including certified labs, QP sign-off, and various methods.

Evidence · text

“A robust and systematic in-house QA/QC programme was implemented and actively managed by Montage to ensure continuous monitoring of analytical accuracy, precision, and potential contamination throughout the entire sampling, preparation, and analytical workflow.”

QP/CP SignedRejected · positive · Story-specific tag

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Reason: The scientific and technical contents have been verified and approved by Silvia Bottero, a Qualified Person.

Evidence · text

“The scientific and technical contents of this press release have been verified and approved by Silvia Bottero, BSc, MSc, a Qualified Person pursuant to National Instrument 43-101.”

Certified LabRejected · positive · Story-specific tag

No canonical definition is currently available.

Reason: Samples were transported to Bureau Veritas and MSALAB facilities for preparation and analysis.

Evidence · text

“All samples were securely transported under chain-of-custody procedures to the Bureau Veritas laboratory in Abidjan, Côte d’Ivoire for preparation and analysis. During 2025, a total of 17,063 AGC primary samples and 38,851 GC primary samples from Koné deposit were analysed by MSALAB facilities in Yamoussoukro, Cote d’Ivoire.”

Resource Estimates (39)

measuredKoné project · goldTonnes: 8600000Grade: 0.83Grade Unit: g/tContained Metal: 229Contained Unit: kozView all details
Link to this fact

Identity

Project
Koné project
Commodity
gold
Region
côte d’ivoire
Reported Region
Côte d’Ivoire
Ticker
MAU

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Mr. Rolly Wasonga, Dr. Gregory Zhang
Resource group id
resource:8909d6e5ae7221b97419
Deposit or zone
Koné deposit
Mining method
open_pit

Resource Data

Category
measured
Tonnes
8600000
Grade
0.83
Grade Unit
g/t
Contained Metal
229
Contained Unit
koz
Cutoff Grade
0.2
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-12-31

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-03-30T00:00:00.000Z

Reasoning: The establishment of a maiden Measured resource for the Koné deposit signifies a high level of geological confidence and de-risking for the project.

Positive factors

  • Maiden Measured resource established
  • High confidence category
  • QP/CP signed
  • NI 43-101 compliant
  • Cut-off grade disclosed

Evidence · table

“0.83”

Context: 8.6

Tags used in scoring

Measured Resourcepositive

Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: The document reports a maiden Measured Resource for the Koné deposit.

Evidence · text

“Koné deposit maiden Measured Resources of 229koz at 0.83 g/t Au demonstrates higher resource confidence level”

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedKoné project · goldTonnes: 200000000Grade: 0.68Grade Unit: g/tContained Metal: 4404Contained Unit: kozView all details
Link to this fact

Identity

Project
Koné project
Commodity
gold
Region
côte d’ivoire
Reported Region
Côte d’Ivoire
Ticker
MAU

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Mr. Rolly Wasonga, Dr. Gregory Zhang
Resource group id
resource:20e9d3bd12b458db2bd8
Deposit or zone
Koné deposit
Mining method
open_pit

Resource Data

Category
indicated
Tonnes
200000000
Grade
0.68
Grade Unit
g/t
Contained Metal
4404
Contained Unit
koz
Cutoff Grade
0.2
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-12-31
Prior Tonnes
245000000
Prior Grade
0.57
Prior Contained Metal
4490

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-03-30T00:00:00.000Z

Reasoning: Indicated resources for the Koné deposit show a decrease in tonnage and contained metal, despite an increase in grade, indicating a shift in resource distribution or modeling.

Positive factors

  • Grade improvement
  • QP/CP signed
  • NI 43-101 compliant
  • Cut-off grade disclosed

Negative factors

  • Tonnage decline
  • Contained metal decline

Evidence · table

“0.68”

Context: 200

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: The document reports Indicated Resources for the Koné deposit.

Evidence · text

“Koné deposit M&I Resources increased by 142koz to 4.63Moz while grade increased by 21% to 0.69 g/t Au”

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredKoné project · goldTonnes: 75000000Grade: 0.52Grade Unit: g/tContained Metal: 1259Contained Unit: kozView all details
Link to this fact

Identity

Project
Koné project
Commodity
gold
Region
côte d’ivoire
Reported Region
Côte d’Ivoire
Ticker
MAU

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Mr. Rolly Wasonga, Dr. Gregory Zhang
Resource group id
resource:01c9c367d70c67b51630
Deposit or zone
Koné deposit
Mining method
open_pit

Resource Data

Category
inferred
Tonnes
75000000
Grade
0.52
Grade Unit
g/t
Contained Metal
1259
Contained Unit
koz
Cutoff Grade
0.2
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-12-31
Prior Tonnes
37000000
Prior Grade
0.43
Prior Contained Metal
510

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-03-30T00:00:00.000Z

Reasoning: Inferred resources for the Koné deposit show a substantial increase in tonnage, grade, and contained metal, indicating significant exploration potential and upside.

Positive factors

  • Significant tonnage growth
  • Grade improvement
  • Contained metal growth
  • QP/CP signed
  • NI 43-101 compliant
  • Cut-off grade disclosed

Evidence · table

“0.52”

Context: 75

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: The document reports Inferred Resources for the Koné deposit.

Evidence · text

“Inferred Resources increased by 749koz to 1.26Moz while grade increased by 21% to 0.52 g/t Au”

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedKoné project · goldTonnes: 16000000Grade: 1.51Grade Unit: g/tContained Metal: 783Contained Unit: kozView all details
Link to this fact

Identity

Project
Koné project
Commodity
gold
Region
côte d’ivoire
Reported Region
Côte d’Ivoire
Ticker
MAU

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Mr. Rolly Wasonga, Dr. Gregory Zhang
Resource group id
resource:df03a60639f591fa49d8
Deposit or zone
Gbongogo Main deposit
Mining method
open_pit

Resource Data

Category
indicated
Tonnes
16000000
Grade
1.51
Grade Unit
g/t
Contained Metal
783
Contained Unit
koz
Cutoff Grade
0.5
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2026-03-03
Prior Tonnes
12000000
Prior Grade
1.46
Prior Contained Metal
560

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-03-30T00:00:00.000Z

Reasoning: Indicated resources for the Gbongogo Main deposit show a substantial increase in tonnage, grade, and contained metal, significantly enhancing the project's overall value.

Positive factors

  • Significant tonnage growth
  • Grade improvement
  • Contained metal growth
  • QP/CP signed
  • NI 43-101 compliant
  • Cut-off grade disclosed

Evidence · table

“1.51”

Context: 16

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: The document reports Indicated Resources for the Gbongogo Main deposit.

Evidence · text

“Gbongogo Main deposit Indicated Resources increased by 223koz to 783koz while grade increased by 3% to 1.51 g/t Au”

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredKoné project · goldTonnes: 1200000Grade: 1.08Grade Unit: g/tContained Metal: 41Contained Unit: kozView all details
Link to this fact

Identity

Project
Koné project
Commodity
gold
Region
côte d’ivoire
Reported Region
Côte d’Ivoire
Ticker
MAU

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Mr. Rolly Wasonga, Dr. Gregory Zhang
Resource group id
resource:da60313618ab1579568e
Deposit or zone
Gbongogo Main deposit
Mining method
open_pit

Resource Data

Category
inferred
Tonnes
1200000
Grade
1.08
Grade Unit
g/t
Contained Metal
41
Contained Unit
koz
Cutoff Grade
0.5
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2026-03-03
Prior Tonnes
100000
Prior Grade
0.89
Prior Contained Metal
2

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-03-30T00:00:00.000Z

Reasoning: Inferred resources for the Gbongogo Main deposit show a substantial increase in tonnage, grade, and contained metal, indicating strong exploration potential and upside.

Positive factors

  • Significant tonnage growth
  • Grade improvement
  • Contained metal growth
  • QP/CP signed
  • NI 43-101 compliant
  • Cut-off grade disclosed

Evidence · table

“1.08”

Context: 1.2

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: The document reports Inferred Resources for the Gbongogo Main deposit.

Evidence · text

“Inferred Resources increased by 39koz to 41koz while grade increased by 21% to 1.08 g/t Au”

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedKoné project · goldTonnes: 13000000Grade: 1.12Grade Unit: g/tContained Metal: 466Contained Unit: kozView all details
Link to this fact

Identity

Project
Koné project
Commodity
gold
Region
côte d’ivoire
Reported Region
Côte d’Ivoire
Ticker
MAU

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Mr. Rolly Wasonga, Dr. Gregory Zhang
Resource group id
resource:9efba4babeb97f30811d
Deposit or zone
Other satellite deposits
Mining method
open_pit

Resource Data

Category
indicated
Tonnes
13000000
Grade
1.12
Grade Unit
g/t
Contained Metal
466
Contained Unit
koz

Prior Estimate

Resource Date
2026-03-30
Prior Tonnes
4200000
Prior Grade
1.17
Prior Contained Metal
160

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-03-30T00:00:00.000Z

Reasoning: Indicated resources for other satellite deposits show a substantial increase in tonnage and contained metal, despite a slight decrease in grade, indicating successful expansion of these deposits.

Positive factors

  • Significant tonnage growth
  • Contained metal growth
  • QP/CP signed
  • NI 43-101 compliant

Negative factors

  • Slight grade decline

Evidence · table

“1.12”

Context: 13

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: The document reports Indicated Resources for other satellite deposits.

Evidence · text

“Indicated and Inferred Resources for higher grade satellite deposits now stand at 1.25Moz at 1.34 g/t Au”

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredKoné project · goldTonnes: 7600000Grade: 1.07Grade Unit: g/tContained Metal: 262Contained Unit: kozView all details
Link to this fact

Identity

Project
Koné project
Commodity
gold
Region
côte d’ivoire
Reported Region
Côte d’Ivoire
Ticker
MAU

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Mr. Rolly Wasonga, Dr. Gregory Zhang
Resource group id
resource:d5a04aa29e893d4a85d7
Deposit or zone
Other satellite deposits
Mining method
open_pit

Resource Data

Category
inferred
Tonnes
7600000
Grade
1.07
Grade Unit
g/t
Contained Metal
262
Contained Unit
koz

Prior Estimate

Resource Date
2026-03-30
Prior Tonnes
8400000
Prior Grade
1
Prior Contained Metal
270

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-03-30T00:00:00.000Z

Reasoning: Inferred resources for other satellite deposits show a slight decrease in tonnage and contained metal, but an increase in grade, indicating a mixed outcome for these early-stage resources.

Positive factors

  • Grade improvement
  • QP/CP signed
  • NI 43-101 compliant

Negative factors

  • Slight tonnage decline
  • Slight contained metal decline

Evidence · table

“1.07”

Context: 7.6

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: The document reports Inferred Resources for other satellite deposits.

Evidence · text

“Inferred Resources for higher grade satellite deposits now stand at ... 303koz at 1.07 g/t Au”

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

measuredKoné project · goldTonnes: 8600000Grade: 0.83Grade Unit: g/tContained Metal: 229Contained Unit: kozView all details
Link to this fact

Identity

Project
Koné project
Commodity
gold
Region
côte d’ivoire
Reported Region
Côte d’Ivoire
Ticker
MAU

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Mr. Rolly Wasonga, Dr. Gregory Zhang
Resource group id
resource:f77782dc26fa8d79c572
Deposit or zone
Total Koné project
Mining method
open_pit

Resource Data

Category
measured
Tonnes
8600000
Grade
0.83
Grade Unit
g/t
Contained Metal
229
Contained Unit
koz
Cutoff Grade
0.2
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-12-31

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-03-30T00:00:00.000Z

Reasoning: The establishment of a maiden Measured resource for the overall Koné project significantly increases the confidence level of the resource base.

Positive factors

  • Maiden Measured resource established for the overall project
  • High confidence category
  • QP/CP signed
  • NI 43-101 compliant

Evidence · table

“0.83”

Context: 8.6

Tags used in scoring

Measured Resourcepositive

Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: The document reports a maiden Measured Resource for the total Koné project.

Evidence · text

“Koné deposit maiden Measured Resources of 229koz at 0.83 g/t Au demonstrates higher resource confidence level”

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedKoné project · goldTonnes: 229000000Grade: 0.77Grade Unit: g/tContained Metal: 5652Contained Unit: kozView all details
Link to this fact

Identity

Project
Koné project
Commodity
gold
Region
côte d’ivoire
Reported Region
Côte d’Ivoire
Ticker
MAU

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Mr. Rolly Wasonga, Dr. Gregory Zhang
Resource group id
resource:752aae1151b603e5d547
Deposit or zone
Total Koné project
Mining method
open_pit

Resource Data

Category
indicated
Tonnes
229000000
Grade
0.77
Grade Unit
g/t
Contained Metal
5652
Contained Unit
koz

Prior Estimate

Resource Date
2026-03-30
Prior Tonnes
261000000
Prior Grade
0.62
Prior Contained Metal
5210

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-03-30T00:00:00.000Z

Reasoning: Overall Indicated resources for the Koné project show a decrease in tonnage but a significant increase in grade and contained metal, indicating an improvement in resource quality.

Positive factors

  • Significant grade improvement
  • Contained metal growth
  • QP/CP signed
  • NI 43-101 compliant

Negative factors

  • Tonnage decline

Evidence · table

“0.77”

Context: 229

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: The document reports Indicated Resources for the total Koné project.

Evidence · text

“Koné project overall M&I Resources increased by 671koz to 5.88Moz while the grade increased by 24% to 0.77 g/t Au”

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredKoné project · goldTonnes: 84000000Grade: 0.58Grade Unit: g/tContained Metal: 1562Contained Unit: kozView all details
Link to this fact

Identity

Project
Koné project
Commodity
gold
Region
côte d’ivoire
Reported Region
Côte d’Ivoire
Ticker
MAU

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Mr. Rolly Wasonga, Dr. Gregory Zhang
Resource group id
resource:b74c169bcbf7c3a6141b
Deposit or zone
Total Koné project
Mining method
open_pit

Resource Data

Category
inferred
Tonnes
84000000
Grade
0.58
Grade Unit
g/t
Contained Metal
1562
Contained Unit
koz

Prior Estimate

Resource Date
2026-03-30
Prior Tonnes
45000000
Prior Grade
0.54
Prior Contained Metal
780

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-03-30T00:00:00.000Z

Reasoning: Overall Inferred resources for the Koné project show a substantial increase in tonnage, grade, and contained metal, highlighting significant exploration potential and future growth.

Positive factors

  • Significant tonnage growth
  • Grade improvement
  • Contained metal growth
  • QP/CP signed
  • NI 43-101 compliant

Evidence · table

“0.58”

Context: 84

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: The document reports Inferred Resources for the total Koné project.

Evidence · text

“Inferred Resources increased by 782koz to 1.56Moz while the grade increased by 7% to 0.58 g/t Au”

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedKoné project · goldTonnes: 229000000Grade: 0.59Grade Unit: g/tContained Metal: 4340Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Koné project
Commodity
gold
Region
côte d’ivoire
Reported Region
Côte d’Ivoire
Ticker
MAU

Resource scope

Estimate type
resource
Effective date
2024-01-16T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Mr. Rolly Wasonga, Dr. Gregory Zhang
Resource group id
resource:2cae6b0b2148f8fd382a
Deposit or zone
Koné deposit

Resource Data

Category
indicated
Tonnes
229000000
Grade
0.59
Grade Unit
g/t
Contained Metal
4340
Contained Unit
koz

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes

Dates

Event date
2026-03-30T00:00:00.000Z

Reasoning: This is a historical resource estimate from January 2024, re-released for comparison purposes, and does not represent new information.

Negative factors

  • Stale data re-release

Evidence · table

“0.59”

Context: 229

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredKoné project · goldTonnes: 25000000Grade: 0.5Grade Unit: g/tContained Metal: 400Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Koné project
Commodity
gold
Region
côte d’ivoire
Reported Region
Côte d’Ivoire
Ticker
MAU

Resource scope

Estimate type
resource
Effective date
2024-01-16T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Mr. Rolly Wasonga, Dr. Gregory Zhang
Resource group id
resource:32a2f679de9e572c5f9b
Deposit or zone
Koné deposit

Resource Data

Category
inferred
Tonnes
25000000
Grade
0.5
Grade Unit
g/t
Contained Metal
400
Contained Unit
koz

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes

Dates

Event date
2026-03-30T00:00:00.000Z

Reasoning: This is a historical resource estimate from January 2024, re-released for comparison purposes, and does not represent new information.

Negative factors

  • Stale data re-release

Evidence · table

“0.50”

Context: 25

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedKoné project · goldTonnes: 11000000Grade: 1.47Grade Unit: g/tContained Metal: 520Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Koné project
Commodity
gold
Region
côte d’ivoire
Reported Region
Côte d’Ivoire
Ticker
MAU

Resource scope

Estimate type
resource
Effective date
2024-01-16T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Mr. Rolly Wasonga, Dr. Gregory Zhang
Resource group id
resource:d7e250caf9d785e019b6
Deposit or zone
Gbongogo Main deposit

Resource Data

Category
indicated
Tonnes
11000000
Grade
1.47
Grade Unit
g/t
Contained Metal
520
Contained Unit
koz

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes

Dates

Event date
2026-03-30T00:00:00.000Z

Reasoning: This is a historical resource estimate from January 2024, re-released for comparison purposes, and does not represent new information.

Negative factors

  • Stale data re-release

Evidence · table

“1.47”

Context: 11

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedKoné project · goldTonnes: 240000000Grade: 0.63Grade Unit: g/tContained Metal: 4860Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Koné project
Commodity
gold
Region
côte d’ivoire
Reported Region
Côte d’Ivoire
Ticker
MAU

Resource scope

Estimate type
resource
Effective date
2024-01-16T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Mr. Rolly Wasonga, Dr. Gregory Zhang
Resource group id
resource:635aba9113575e27effa
Deposit or zone
Total

Resource Data

Category
indicated
Tonnes
240000000
Grade
0.63
Grade Unit
g/t
Contained Metal
4860
Contained Unit
koz

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes

Dates

Event date
2026-03-30T00:00:00.000Z

Reasoning: This is a historical resource estimate from January 2024, re-released for comparison purposes, and does not represent new information.

Negative factors

  • Stale data re-release

Evidence · table

“0.63”

Context: 240

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredKoné project · goldTonnes: 25000000Grade: 0.5Grade Unit: g/tContained Metal: 400Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Koné project
Commodity
gold
Region
côte d’ivoire
Reported Region
Côte d’Ivoire
Ticker
MAU

Resource scope

Estimate type
resource
Effective date
2024-01-16T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Mr. Rolly Wasonga, Dr. Gregory Zhang
Resource group id
resource:d71611206060e3bfdcf4
Deposit or zone
Total

Resource Data

Category
inferred
Tonnes
25000000
Grade
0.5
Grade Unit
g/t
Contained Metal
400
Contained Unit
koz

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes

Dates

Event date
2026-03-30T00:00:00.000Z

Reasoning: This is a historical resource estimate from January 2024, re-released for comparison purposes, and does not represent new information.

Negative factors

  • Stale data re-release

Evidence · table

“0.50”

Context: 25

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedKoné project · goldTonnes: 245000000Grade: 0.57Grade Unit: g/tContained Metal: 4490Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Koné project
Commodity
gold
Region
côte d’ivoire
Reported Region
Côte d’Ivoire
Ticker
MAU

Resource scope

Estimate type
resource
Effective date
2025-04-08T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Mr. Rolly Wasonga, Dr. Gregory Zhang
Resource group id
resource:49afae4baf4e805d86b4
Deposit or zone
Koné deposit

Resource Data

Category
indicated
Tonnes
245000000
Grade
0.57
Grade Unit
g/t
Contained Metal
4490
Contained Unit
koz

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes

Dates

Event date
2026-03-30T00:00:00.000Z

Reasoning: This is a historical resource estimate from April 2025, re-released for comparison purposes, and does not represent new information.

Negative factors

  • Stale data re-release

Evidence · table

“0.57”

Context: 245

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredKoné project · goldTonnes: 37000000Grade: 0.43Grade Unit: g/tContained Metal: 510Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Koné project
Commodity
gold
Region
côte d’ivoire
Reported Region
Côte d’Ivoire
Ticker
MAU

Resource scope

Estimate type
resource
Effective date
2025-04-08T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Mr. Rolly Wasonga, Dr. Gregory Zhang
Resource group id
resource:c9c537d2085e20a38339
Deposit or zone
Koné deposit

Resource Data

Category
inferred
Tonnes
37000000
Grade
0.43
Grade Unit
g/t
Contained Metal
510
Contained Unit
koz

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes

Dates

Event date
2026-03-30T00:00:00.000Z

Reasoning: This is a historical resource estimate from April 2025, re-released for comparison purposes, and does not represent new information.

Negative factors

  • Stale data re-release

Evidence · table

“0.43”

Context: 37

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedKoné project · goldTonnes: 12000000Grade: 1.46Grade Unit: g/tContained Metal: 560Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Koné project
Commodity
gold
Region
côte d’ivoire
Reported Region
Côte d’Ivoire
Ticker
MAU

Resource scope

Estimate type
resource
Effective date
2025-04-08T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Mr. Rolly Wasonga, Dr. Gregory Zhang
Resource group id
resource:e86438cd4f61aa206c08
Deposit or zone
Gbongogo Main deposit

Resource Data

Category
indicated
Tonnes
12000000
Grade
1.46
Grade Unit
g/t
Contained Metal
560
Contained Unit
koz

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes

Dates

Event date
2026-03-30T00:00:00.000Z

Reasoning: This is a historical resource estimate from April 2025, re-released for comparison purposes, and does not represent new information.

Negative factors

  • Stale data re-release

Evidence · table

“1.46”

Context: 12

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredKoné project · goldTonnes: 100000Grade: 0.89Grade Unit: g/tContained Metal: 2Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Koné project
Commodity
gold
Region
côte d’ivoire
Reported Region
Côte d’Ivoire
Ticker
MAU

Resource scope

Estimate type
resource
Effective date
2025-04-08T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Mr. Rolly Wasonga, Dr. Gregory Zhang
Resource group id
resource:9ff5b236a810a7953f27
Deposit or zone
Gbongogo Main deposit

Resource Data

Category
inferred
Tonnes
100000
Grade
0.89
Grade Unit
g/t
Contained Metal
2
Contained Unit
koz

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes

Dates

Event date
2026-03-30T00:00:00.000Z

Reasoning: This is a historical resource estimate from April 2025, re-released for comparison purposes, and does not represent new information.

Negative factors

  • Stale data re-release

Evidence · table

“0.89”

Context: 0.1

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedKoné project · goldTonnes: 4200000Grade: 1.17Grade Unit: g/tContained Metal: 160Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Koné project
Commodity
gold
Region
côte d’ivoire
Reported Region
Côte d’Ivoire
Ticker
MAU

Resource scope

Estimate type
resource
Effective date
2025-04-08T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Mr. Rolly Wasonga, Dr. Gregory Zhang
Resource group id
resource:5d832e0e55b32354b2aa
Deposit or zone
Other satellite deposits

Resource Data

Category
indicated
Tonnes
4200000
Grade
1.17
Grade Unit
g/t
Contained Metal
160
Contained Unit
koz

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes

Dates

Event date
2026-03-30T00:00:00.000Z

Reasoning: This is a historical resource estimate from April 2025, re-released for comparison purposes, and does not represent new information.

Negative factors

  • Stale data re-release

Evidence · table

“1.17”

Context: 4.2

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredKoné project · goldTonnes: 8400000Grade: 1Grade Unit: g/tContained Metal: 270Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Koné project
Commodity
gold
Region
côte d’ivoire
Reported Region
Côte d’Ivoire
Ticker
MAU

Resource scope

Estimate type
resource
Effective date
2025-04-08T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Mr. Rolly Wasonga, Dr. Gregory Zhang
Resource group id
resource:bbfccd22c3fea38e728c
Deposit or zone
Other satellite deposits

Resource Data

Category
inferred
Tonnes
8400000
Grade
1
Grade Unit
g/t
Contained Metal
270
Contained Unit
koz

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes

Dates

Event date
2026-03-30T00:00:00.000Z

Reasoning: This is a historical resource estimate from April 2025, re-released for comparison purposes, and does not represent new information.

Negative factors

  • Stale data re-release

Evidence · table

“1.00”

Context: 8.4

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedKoné project · goldTonnes: 261000000Grade: 0.62Grade Unit: g/tContained Metal: 5210Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Koné project
Commodity
gold
Region
côte d’ivoire
Reported Region
Côte d’Ivoire
Ticker
MAU

Resource scope

Estimate type
resource
Effective date
2025-04-08T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Mr. Rolly Wasonga, Dr. Gregory Zhang
Resource group id
resource:8268bf673c093ca4b827
Deposit or zone
Total

Resource Data

Category
indicated
Tonnes
261000000
Grade
0.62
Grade Unit
g/t
Contained Metal
5210
Contained Unit
koz

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes

Dates

Event date
2026-03-30T00:00:00.000Z

Reasoning: This is a historical resource estimate from April 2025, re-released for comparison purposes, and does not represent new information.

Negative factors

  • Stale data re-release

Evidence · table

“0.62”

Context: 261

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredKoné project · goldTonnes: 45000000Grade: 0.54Grade Unit: g/tContained Metal: 780Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Koné project
Commodity
gold
Region
côte d’ivoire
Reported Region
Côte d’Ivoire
Ticker
MAU

Resource scope

Estimate type
resource
Effective date
2025-04-08T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Mr. Rolly Wasonga, Dr. Gregory Zhang
Resource group id
resource:e8f0d26846b98d615b4a
Deposit or zone
Total

Resource Data

Category
inferred
Tonnes
45000000
Grade
0.54
Grade Unit
g/t
Contained Metal
780
Contained Unit
koz

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes

Dates

Event date
2026-03-30T00:00:00.000Z

Reasoning: This is a historical resource estimate from April 2025, re-released for comparison purposes, and does not represent new information.

Negative factors

  • Stale data re-release

Evidence · table

“0.54”

Context: 45

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedKoné project · goldTonnes: 245000000Grade: 0.57Grade Unit: g/tContained Metal: 4490Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Koné project
Commodity
gold
Region
côte d’ivoire
Reported Region
Côte d’Ivoire
Ticker
MAU

Resource scope

Estimate type
resource
Effective date
2025-07-21T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Mr. Rolly Wasonga, Dr. Gregory Zhang
Resource group id
resource:5ce9edb6b73e349998d6
Deposit or zone
Koné deposit

Resource Data

Category
indicated
Tonnes
245000000
Grade
0.57
Grade Unit
g/t
Contained Metal
4490
Contained Unit
koz

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes

Dates

Event date
2026-03-30T00:00:00.000Z

Reasoning: This is a historical resource estimate from July 2025, re-released for comparison purposes, and does not represent new information.

Negative factors

  • Stale data re-release

Evidence · table

“0.57”

Context: 245

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredKoné project · goldTonnes: 37000000Grade: 0.43Grade Unit: g/tContained Metal: 510Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Koné project
Commodity
gold
Region
côte d’ivoire
Reported Region
Côte d’Ivoire
Ticker
MAU

Resource scope

Estimate type
resource
Effective date
2025-07-21T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Mr. Rolly Wasonga, Dr. Gregory Zhang
Resource group id
resource:944b1ac94bba8e24dedb
Deposit or zone
Koné deposit

Resource Data

Category
inferred
Tonnes
37000000
Grade
0.43
Grade Unit
g/t
Contained Metal
510
Contained Unit
koz

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes

Dates

Event date
2026-03-30T00:00:00.000Z

Reasoning: This is a historical resource estimate from July 2025, re-released for comparison purposes, and does not represent new information.

Negative factors

  • Stale data re-release

Evidence · table

“0.43”

Context: 37

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedKoné project · goldTonnes: 12000000Grade: 1.46Grade Unit: g/tContained Metal: 560Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Koné project
Commodity
gold
Region
côte d’ivoire
Reported Region
Côte d’Ivoire
Ticker
MAU

Resource scope

Estimate type
resource
Effective date
2025-07-21T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Mr. Rolly Wasonga, Dr. Gregory Zhang
Resource group id
resource:dda21e25440c52632c2c
Deposit or zone
Gbongogo Main deposit

Resource Data

Category
indicated
Tonnes
12000000
Grade
1.46
Grade Unit
g/t
Contained Metal
560
Contained Unit
koz

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes

Dates

Event date
2026-03-30T00:00:00.000Z

Reasoning: This is a historical resource estimate from July 2025, re-released for comparison purposes, and does not represent new information.

Negative factors

  • Stale data re-release

Evidence · table

“1.46”

Context: 12

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredKoné project · goldTonnes: 100000Grade: 0.89Grade Unit: g/tContained Metal: 2Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Koné project
Commodity
gold
Region
côte d’ivoire
Reported Region
Côte d’Ivoire
Ticker
MAU

Resource scope

Estimate type
resource
Effective date
2025-07-21T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Mr. Rolly Wasonga, Dr. Gregory Zhang
Resource group id
resource:2e819426cd72afd3f74c
Deposit or zone
Gbongogo Main deposit

Resource Data

Category
inferred
Tonnes
100000
Grade
0.89
Grade Unit
g/t
Contained Metal
2
Contained Unit
koz

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes

Dates

Event date
2026-03-30T00:00:00.000Z

Reasoning: This is a historical resource estimate from July 2025, re-released for comparison purposes, and does not represent new information.

Negative factors

  • Stale data re-release

Evidence · table

“0.89”

Context: 0.1

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedKoné project · goldTonnes: 9800000Grade: 1.15Grade Unit: g/tContained Metal: 364Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Koné project
Commodity
gold
Region
côte d’ivoire
Reported Region
Côte d’Ivoire
Ticker
MAU

Resource scope

Estimate type
resource
Effective date
2025-07-21T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Mr. Rolly Wasonga, Dr. Gregory Zhang
Resource group id
resource:948c59c2b5b6a88e3c2d
Deposit or zone
Other satellite deposits

Resource Data

Category
indicated
Tonnes
9800000
Grade
1.15
Grade Unit
g/t
Contained Metal
364
Contained Unit
koz

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes

Dates

Event date
2026-03-30T00:00:00.000Z

Reasoning: This is a historical resource estimate from July 2025, re-released for comparison purposes, and does not represent new information.

Negative factors

  • Stale data re-release

Evidence · table

“1.15”

Context: 9.8

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredKoné project · goldTonnes: 4000000Grade: 1.07Grade Unit: g/tContained Metal: 138Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Koné project
Commodity
gold
Region
côte d’ivoire
Reported Region
Côte d’Ivoire
Ticker
MAU

Resource scope

Estimate type
resource
Effective date
2025-07-21T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Mr. Rolly Wasonga, Dr. Gregory Zhang
Resource group id
resource:42758bc3761e598ee94b
Deposit or zone
Other satellite deposits

Resource Data

Category
inferred
Tonnes
4000000
Grade
1.07
Grade Unit
g/t
Contained Metal
138
Contained Unit
koz

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes

Dates

Event date
2026-03-30T00:00:00.000Z

Reasoning: This is a historical resource estimate from July 2025, re-released for comparison purposes, and does not represent new information.

Negative factors

  • Stale data re-release

Evidence · table

“1.07”

Context: 4.0

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedKoné project · goldTonnes: 267000000Grade: 0.63Grade Unit: g/tContained Metal: 5414Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Koné project
Commodity
gold
Region
côte d’ivoire
Reported Region
Côte d’Ivoire
Ticker
MAU

Resource scope

Estimate type
resource
Effective date
2025-07-21T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Mr. Rolly Wasonga, Dr. Gregory Zhang
Resource group id
resource:58f6bf321b3b1760f169
Deposit or zone
Total

Resource Data

Category
indicated
Tonnes
267000000
Grade
0.63
Grade Unit
g/t
Contained Metal
5414
Contained Unit
koz

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes

Dates

Event date
2026-03-30T00:00:00.000Z

Reasoning: This is a historical resource estimate from July 2025, re-released for comparison purposes, and does not represent new information.

Negative factors

  • Stale data re-release

Evidence · table

“0.63”

Context: 267

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredKoné project · goldTonnes: 41000000Grade: 0.49Grade Unit: g/tContained Metal: 650Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Koné project
Commodity
gold
Region
côte d’ivoire
Reported Region
Côte d’Ivoire
Ticker
MAU

Resource scope

Estimate type
resource
Effective date
2025-07-21T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Mr. Rolly Wasonga, Dr. Gregory Zhang
Resource group id
resource:3abd3bda54a3a7d4c593
Deposit or zone
Total

Resource Data

Category
inferred
Tonnes
41000000
Grade
0.49
Grade Unit
g/t
Contained Metal
650
Contained Unit
koz

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes

Dates

Event date
2026-03-30T00:00:00.000Z

Reasoning: This is a historical resource estimate from July 2025, re-released for comparison purposes, and does not represent new information.

Negative factors

  • Stale data re-release

Evidence · table

“0.49”

Context: 41

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedKoné project · goldTonnes: 245000000Grade: 0.57Grade Unit: g/tContained Metal: 4490Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Koné project
Commodity
gold
Region
côte d’ivoire
Reported Region
Côte d’Ivoire
Ticker
MAU

Resource scope

Estimate type
resource
Effective date
2026-11-06T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Mr. Rolly Wasonga, Dr. Gregory Zhang
Resource group id
resource:d4783562929b6a024833
Deposit or zone
Koné deposit

Resource Data

Category
indicated
Tonnes
245000000
Grade
0.57
Grade Unit
g/t
Contained Metal
4490
Contained Unit
koz

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes

Dates

Event date
2026-03-30T00:00:00.000Z

Reasoning: This is a historical resource estimate from November 2026, re-released for comparison purposes, and does not represent new information.

Negative factors

  • Stale data re-release

Evidence · table

“0.57”

Context: 245

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredKoné project · goldTonnes: 37000000Grade: 0.43Grade Unit: g/tContained Metal: 510Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Koné project
Commodity
gold
Region
côte d’ivoire
Reported Region
Côte d’Ivoire
Ticker
MAU

Resource scope

Estimate type
resource
Effective date
2026-11-06T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Mr. Rolly Wasonga, Dr. Gregory Zhang
Resource group id
resource:e966d2954523a0d5f3d0
Deposit or zone
Koné deposit

Resource Data

Category
inferred
Tonnes
37000000
Grade
0.43
Grade Unit
g/t
Contained Metal
510
Contained Unit
koz

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes

Dates

Event date
2026-03-30T00:00:00.000Z

Reasoning: This is a historical resource estimate from November 2026, re-released for comparison purposes, and does not represent new information.

Negative factors

  • Stale data re-release

Evidence · table

“0.43”

Context: 37

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedKoné project · goldTonnes: 12000000Grade: 1.46Grade Unit: g/tContained Metal: 560Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Koné project
Commodity
gold
Region
côte d’ivoire
Reported Region
Côte d’Ivoire
Ticker
MAU

Resource scope

Estimate type
resource
Effective date
2026-11-06T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Mr. Rolly Wasonga, Dr. Gregory Zhang
Resource group id
resource:2eac77987e47c83ec810
Deposit or zone
Gbongogo Main deposit

Resource Data

Category
indicated
Tonnes
12000000
Grade
1.46
Grade Unit
g/t
Contained Metal
560
Contained Unit
koz

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes

Dates

Event date
2026-03-30T00:00:00.000Z

Reasoning: This is a historical resource estimate from November 2026, re-released for comparison purposes, and does not represent new information.

Negative factors

  • Stale data re-release

Evidence · table

“1.46”

Context: 12

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredKoné project · goldTonnes: 100000Grade: 0.89Grade Unit: g/tContained Metal: 2Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Koné project
Commodity
gold
Region
côte d’ivoire
Reported Region
Côte d’Ivoire
Ticker
MAU

Resource scope

Estimate type
resource
Effective date
2026-11-06T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Mr. Rolly Wasonga, Dr. Gregory Zhang
Resource group id
resource:e390d37978aeb4547f1b
Deposit or zone
Gbongogo Main deposit

Resource Data

Category
inferred
Tonnes
100000
Grade
0.89
Grade Unit
g/t
Contained Metal
2
Contained Unit
koz

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes

Dates

Event date
2026-03-30T00:00:00.000Z

Reasoning: This is a historical resource estimate from November 2026, re-released for comparison purposes, and does not represent new information.

Negative factors

  • Stale data re-release

Evidence · table

“0.89”

Context: 0.1

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedKoné project · goldTonnes: 12000000Grade: 1.13Grade Unit: g/tContained Metal: 436Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Koné project
Commodity
gold
Region
côte d’ivoire
Reported Region
Côte d’Ivoire
Ticker
MAU

Resource scope

Estimate type
resource
Effective date
2026-11-06T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Mr. Rolly Wasonga, Dr. Gregory Zhang
Resource group id
resource:369a77572a6c63d04228
Deposit or zone
Other satellite deposits

Resource Data

Category
indicated
Tonnes
12000000
Grade
1.13
Grade Unit
g/t
Contained Metal
436
Contained Unit
koz

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes

Dates

Event date
2026-03-30T00:00:00.000Z

Reasoning: This is a historical resource estimate from November 2026, re-released for comparison purposes, and does not represent new information.

Negative factors

  • Stale data re-release

Evidence · table

“1.13”

Context: 12

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredKoné project · goldTonnes: 5400000Grade: 1.1Grade Unit: g/tContained Metal: 192Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Koné project
Commodity
gold
Region
côte d’ivoire
Reported Region
Côte d’Ivoire
Ticker
MAU

Resource scope

Estimate type
resource
Effective date
2026-11-06T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Mr. Rolly Wasonga, Dr. Gregory Zhang
Resource group id
resource:766ab972fcceac0c6f05
Deposit or zone
Other satellite deposits

Resource Data

Category
inferred
Tonnes
5400000
Grade
1.1
Grade Unit
g/t
Contained Metal
192
Contained Unit
koz

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes

Dates

Event date
2026-03-30T00:00:00.000Z

Reasoning: This is a historical resource estimate from November 2026, re-released for comparison purposes, and does not represent new information.

Negative factors

  • Stale data re-release

Evidence · table

“1.10”

Context: 5.4

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedKoné project · goldTonnes: 269000000Grade: 0.63Grade Unit: g/tContained Metal: 5486Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Koné project
Commodity
gold
Region
côte d’ivoire
Reported Region
Côte d’Ivoire
Ticker
MAU

Resource scope

Estimate type
resource
Effective date
2026-11-06T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Mr. Rolly Wasonga, Dr. Gregory Zhang
Resource group id
resource:e29bddd6297145c23cac
Deposit or zone
Total

Resource Data

Category
indicated
Tonnes
269000000
Grade
0.63
Grade Unit
g/t
Contained Metal
5486
Contained Unit
koz

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes

Dates

Event date
2026-03-30T00:00:00.000Z

Reasoning: This is a historical resource estimate from November 2026, re-released for comparison purposes, and does not represent new information.

Negative factors

  • Stale data re-release

Evidence · table

“0.63”

Context: 269

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredKoné project · goldTonnes: 43000000Grade: 0.51Grade Unit: g/tContained Metal: 704Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Koné project
Commodity
gold
Region
côte d’ivoire
Reported Region
Côte d’Ivoire
Ticker
MAU

Resource scope

Estimate type
resource
Effective date
2026-11-06T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Mr. Rolly Wasonga, Dr. Gregory Zhang
Resource group id
resource:2609b605a3f025baff5b
Deposit or zone
Total

Resource Data

Category
inferred
Tonnes
43000000
Grade
0.51
Grade Unit
g/t
Contained Metal
704
Contained Unit
koz

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes

Dates

Event date
2026-03-30T00:00:00.000Z

Reasoning: This is a historical resource estimate from November 2026, re-released for comparison purposes, and does not represent new information.

Negative factors

  • Stale data re-release

Evidence · table

“0.51”

Context: 43

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

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.