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

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/montage-gold-grows-kone-higher-grade-satellite-resources-to-1-7moz-at-1-5-g-t-au--3db5e19e-f5c0-4794-84c8-213b9fb43484

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

Publisher: yahoo\_press

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

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Montage Gold

- Ticker: MAU

- Exchange: TSX

- Region: Unavailable

- Primary commodity: Gold

- Secondary commodities: None reported

- Document categories: Resource update

- Extracted: 2026-09-21 08:05:40 UTC

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas summary

Montage Gold has reported significant growth in its Koné project satellite resources. Indicated and Measured \(M&amp;I\) satellite resources increased by 1.1Moz to 1.7Moz at 1.51 g/t Au, while new Inferred satellite resources of 0.8Moz at 1.34 g/t Au were established.

Reasoning: The announcement reports substantial growth in satellite resource tonnage and grade, significantly expanding the project's resource base.

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

- Positive factor: Grade improvement in M&amp;I satellite resources

- Positive factor: Establishment of new Inferred resource category for satellites

Facts used in scoring: 3

## Classification and evidence

**Tonnage Growth**

Polarity: positive

Definition: Tonnage increase reaching the strong tier vs prior estimate, with grade maintained or improved.

Why it applies: M&amp;I Resources for satellite deposits increased by 1.1Moz compared to the 2024 UFS basis.

Evidence · text

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

**Grade Improvement**

Polarity: positive

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

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

Evidence · text

> increased by 1.1Moz to 1.7Moz at 1.51 g/t Au compared to 520koz at 1.48 g/t Au

## Extracted facts

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

## Resource Estimates (3)

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/montage-gold-grows-kone-higher-grade-satellite-resources-to-1-7moz-at-1-5-g-t-au--3db5e19e-f5c0-4794-84c8-213b9fb43484#fact-resource-facts-0)

Koné · gold

#### Identity

- Project: Koné
- Commodity: gold
- Ticker: MAU

#### Resource scope

- Estimate type: resource
- Resource group id: resource:3f108d3a7814d7950b0d

#### Resource Data

- Category: indicated
- Grade: 1.51
- Grade Unit: g/t
- Contained Metal: 1.7
- Contained Unit: moz

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: Strong growth in both tonnage and grade for the M&amp;I satellite resource.

- Positive factor: Significant tonnage growth

- Positive factor: Grade improvement

Evidence · text

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

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**No QP/CP Disclosure**

Polarity: negative

Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.

Why it applies: no Qualified or Competent Person is named anywhere in the release

**DFS-Supporting**

Polarity: neutral

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

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

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/montage-gold-grows-kone-higher-grade-satellite-resources-to-1-7moz-at-1-5-g-t-au--3db5e19e-f5c0-4794-84c8-213b9fb43484#fact-resource-facts-1)

Koné · gold

#### Identity

- Project: Koné
- Commodity: gold
- Ticker: MAU

#### Resource scope

- Estimate type: resource
- Resource group id: resource:5e391d6939cb816abd1b

#### Resource Data

- Category: inferred
- Grade: 1.34
- Grade Unit: g/t
- Contained Metal: 0.8
- Contained Unit: moz

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: Establishment of new inferred resource base for satellite deposits.

- Positive factor: New resource category established

Evidence · text

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

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**No QP/CP Disclosure**

Polarity: negative

Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.

Why it applies: no Qualified or Competent Person is named anywhere in the release

**DFS-Supporting**

Polarity: neutral

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

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

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/montage-gold-grows-kone-higher-grade-satellite-resources-to-1-7moz-at-1-5-g-t-au--3db5e19e-f5c0-4794-84c8-213b9fb43484#fact-resource-facts-2)

Koné · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Koné
- Commodity: gold
- Ticker: MAU

#### Resource scope

- Estimate type: resource
- Resource group id: resource:855c054fd4b140985113

#### Resource Data

- Category: indicated
- Grade: 1.48
- Grade Unit: g/t
- Contained Metal: 520
- Contained Unit: koz

#### Review

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

#### Dates

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

Reasoning: Historical baseline for comparison.

Evidence · text

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

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**No QP/CP Disclosure**

Polarity: negative

Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.

Why it applies: no Qualified or Competent Person is named anywhere in the release

**DFS-Supporting**

Polarity: neutral

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

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

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.5 years before this release

## 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.
