Canada’s Montage Gold is wasting little time turning its latest acquisition into a future mine, underscoring growing confidence in Côte d’Ivoire as one of Africa’s fastest-growing gold investment destinations.
Just three months after completing its acquisition of Australian explorer African Gold, the company has launched a $13.5 million exploration campaign aimed at accelerating development of the Didiévi project into what it hopes will become its second producing mine in the West African nation.
The programme includes 60,000 metres of drilling, follows nearly 40,000 metres already completed, and forms part of a broader strategy to transform Montage from a single-asset developer into a multi-mine African gold producer.
The company acquired Didiévi through its takeover of African Gold, completed in April, and has moved quickly to integrate the project into its portfolio.
Montage says the latest drilling campaign will expand the current 989,000-ounce mineral resource, upgrade part of it from the inferred to the indicated category and test multiple new exploration targets across the Blaffo Guetto, Pranoi and Pokou mineralised trends.
