Montage Gold Corp

Promotional Strapline: Creating a premier African gold producer
Primary Ticker: TSX:MAU, OTCQX:MAUTF
Stage of Development: Development, Exploration
Primary Minerals: Gold
Country / Region: Côte d'Ivoire
Market Cap 1.7B
Website: Montage Gold Corp

Montage Gold Corp. (TSX: MAU) is a Canadian-listed company focused on becoming a premier African gold producer, with its flagship Koné project, located in Côte d’Ivoire, at the forefront. Based on the Updated Feasibility Study published in 2024 (the “UFS”), the Koné project has an estimated 16-year mine life and sizeable annual production of +300koz of gold over the first 8 years and is expected to enter production in Q2-2027.

 

Management Profile

Martino De Ciccio, CEO

Martino De Ciccio has over 15 years of experience in the mining industry with a strong value creation track record and significant knowledge across strategy, capital markets, corporate finance, and ESG, coupled with a profound understanding of the African mining landscape.

Martino most recently served as Deputy CFO and Head of Investor Relations at Endeavour Mining (LSE: EDV, TSX: EDV), a position he assumed in January 2023. He joined Endeavour Mining in 2015 as Vice President, Strategy and Investor Relations. He played a pivotal role in Endeavour’s transformation from a $250 million market cap company to a FTSE100 listed company and one of the largest gold producers in the world. During this time, he garnered more than 25 investor relations achievement nominations, including numerous awards for best-in-class investor relations in the gold industry and across all sectors.

Prior to joining Endeavour, Martino played a key role in growing La Mancha Resources from a $20 million market cap which culminated in a $500 million take-private offer. As Strategy and Business Development Manager, he then helped lead the private company’s transformation from an emerging gold producer into one of the largest gold investment funds with cornerstone holdings in Evolution Mining and Endeavour, which was recognized with an Emerging Leader Award. Martino currently serves on the Board of Directors of Northisle Copper and Gold (NCX: TSXV) and Bluestone Resources (BSR: TSXV).

Martino earned a B.Com in Finance from McGill University in Montreal, Canada and is a CFA charterholder.

Jake Cain, Strategy & Investor Relations Manager

Jake Cain has over 10 years of experience in the mining industry with a strong track record in a number of areas including investor relations, capital markets, mergers and acquisitions, as well as mining operations and exploration across Africa. Prior to joining Montage Gold, Jake held numerous roles with Deloitte LLP, Sibanye-Stillwater and Gemfields Plc. Jake holds an M.Sc in Metals and Energy Finance from Imperial College Business School and the Royal School of Mines, and a B.Sc in Geology from the University of St Andrews

 

What are your key goals for the next 3, 6 and 12 months?

3 Months:

Continued exploration results from upsized 120,000 metre drill program

6 Months:

Delivery of 1 million ounce discovery target resource update

12 Months:

Continue advancing construction at Koné with first gold on track for H2 2027

 

What do you think makes your company such a compelling investment?

  • Over 5Moz in Total Resources for the Koné Gold Project
  • Advanced project with production potential over >300,000 ounces per year
  • Control of a 2,258 sq.km district in a prolific gold producing region of West Africa
  • Lack of available projects of this size and quality for producers to acquire.
  • Management has a strong track record of significant value creation
  • Exceptional shareholder base including: Lundin, Zijin & Financing from Wheaton Precious Metals