Geomechanics.io

  • Free Tools
Sign UpLog In

    Geomechanics.io

    Geomechanics, Streamlined.

    © 2026 Geomechanics.io. All rights reserved.

    Geomechanics.io

    CMRR-ioGEODB-ioHYDROGEO-ioQCDB-ioFree Tools & CalculatorsBlogLatest Industry News

    Industries

    MiningConstructionTunnelling

    Company

    Terms of UsePrivacy PolicyLinkedIn
    Projects

    Montage Gold’s Koné resource lift: project economics and pit design notes

    June 16, 2026|

    Reviewed by Tom Sullivan

    Montage Gold’s Koné resource lift: project economics and pit design notes

    First reported on MINING.com

    30 Second Briefing

    Montage Gold has increased total contained resources at its Koné gold project in Côte d’Ivoire by almost 58%, to 244 million measured and indicated tonnes at 0.8 g/t (6.2 Moz) plus 93 million inferred tonnes at 0.68 g/t (2 Moz), following roughly 330,000 metres of drilling since the 2024 feasibility study. Satellite deposits Gbongogo Main and South and Koban now host 1.6 Moz measured and indicated at 1.51 g/t and 766,000 oz inferred at 1.34 g/t, materially lifting potential head grades for early pit phases. Construction at Koné remains on budget and ahead of schedule, with first gold pour targeted for late Q4 2026 and a further 90,000-metre drill programme in progress across the district.

    Technical Brief

    • Resource grades have increased 24% versus the initial 2024 resource, improving potential mill feed quality.
    • Measured and indicated ounces have risen by 1.42 Moz (29%), materially strengthening reserve-conversion potential.
    • Inferred ounces have expanded by ~1.63 Moz, more than fivefold, enlarging the long‑term project pipeline.
    • Gbongogo Main, Gbongogo South and Koban satellites delivered 1.14 Moz additional M&I, tripling prior satellite inventory.
    • New satellite inferred resources of 766,000 oz at 1.34 g/t were defined from zero in March.
    • Approximately 330,000 m of drilling were completed post‑FS, indicating very intensive resource definition and step‑out work.
    • A further 90,000 m of drilling at Koné plus 9,000 m at Wendé are currently underway.
    • Regional portfolio work includes a planned Q3 resource upgrade at Didievi and new drilling starts in Mauritania.

    Our Take

    Koné’s 6.2 million oz measured and indicated inventory at 0.8 g/t, combined with 1.6 million oz of higher‑grade satellite ounces at 1.51 g/t, suggests Montage Gold is engineering a hub‑and‑spoke blend that can lift early head grades and shorten payback relative to a stand‑alone low‑grade pit.

    The Q4 2026 first‑pour timing aligns with earlier coverage noting a US$545 million build that was already heavily committed, so this 58% resource uplift is likely to be fed into mine‑plan and plant‑throughput optimisations rather than a wholesale redesign.

    With Montage Gold simultaneously picking up over 2,100 km² of greenfield ground in Mauritania, the enlarged Koné–Didievi–Wendé pipeline in Côte d’Ivoire positions West Africa as the core of its growth story in our gold project database, while Mauritania looks more like a second‑wave optionality play.

    Geotechnical Software for Modern Teams

    Centralise site data, logs, and lab results with GEODB-io, CMRR-io, and HYDROGEO-io.

    No credit card required.

    • Save and export unlimited calculations
    • Advanced data visualisation
    • Generate professional PDF reports
    • Cloud storage for all your projects

    Prepared by collating external sources, AI-assisted tools, and Geomechanics.io’s proprietary mining database, then reviewed for technical accuracy & edited by our geotechnical team.

    Related Articles

    Kaishan intelligent mining drill rigs: fleet integration and data value for operators
    Mining
    about 21 hours ago

    Kaishan intelligent mining drill rigs: fleet integration and data value for operators

    Kaishan is expanding its intelligent mining drill rig line-up in China, adding automation and digital control to both surface and underground blasthole drilling systems. New rigs integrate features such as remote operation, data logging and optimised drilling parameter control, positioning them alongside Chinese advances in autonomous haul trucks and battery-electric or hybrid powertrains. For mine operators, the move signals growing domestic options for integrated autonomous fleets, with drill–blast data increasingly available for real-time optimisation of fragmentation, cycle times and energy use.

    Mining
    about 21 hours ago

    Newmont’s first Cat 6040 at Ahafo South: loading and safety gains for mine engineers

    Newmont has commissioned a Cat 6040 next generation hydraulic mining shovel at its Ahafo South gold mine in Ghana, its first deployment of the 400 t-class unit and one of only three mine sites globally using this model. The 6040, designed for large-scale hard rock operations, pairs with ultra-class haul trucks and incorporates Caterpillar’s latest cab ergonomics, hydraulics and machine health monitoring. For Ahafo South, the shovel is expected to lift loading productivity and reduce exposure around highwall and pit-floor digging zones.

    Mining
    about 21 hours ago

    Rox’s Youanmi gold adopts Glencore Albion Process: flowsheet notes for process teams

    Glencore Technology will install its Albion Process oxidative leaching circuit at Rox Resources’ Youanmi gold project in Western Australia to treat refractory and semi-refractory ores that are not amenable to conventional cyanidation. The fine-grinding plus oxygenated leach system is designed to oxidise sulphide-hosted gold at atmospheric pressure, offering a lower-capex alternative to pressure oxidation or roasting for “next generation” deposits. For process and geomet teams, this signals growing commercial acceptance of Albion flowsheets for challenging gold mineralogies in Australian hard-rock operations.

    Related Industries & Products

    Mining

    Geotechnical software solutions for mining operations including CMRR analysis, hydrogeological testing, and data management.

    Construction

    Quality control software for construction companies with material testing, batch tracking, and compliance management.

    CMRR-io

    Streamline coal mine roof stability assessments with our cloud-based CMRR software featuring automated calculations, multi-scenario analysis, and collaborative workflows.

    HYDROGEO-io

    Comprehensive hydrogeological testing platform for managing, analysing, and reporting on packer tests, lugeon values, and hydraulic conductivity assessments.

    GEODB-io

    Centralised geotechnical data management solution for storing, accessing, and analysing all your site investigation and material testing data.

    AllGeotechnicalMiningInfrastructureMaterialsHazardsEnvironmentalSoftwarePolicy