Montage Gold to acquire Mankono Exploration from Endeavour Mining and Barrick Gold Corporation for $22m.

Montage Gold, a precious metals exploration and development company, agreed to acquire Mankono Exploration, an advanced exploration project, from Endeavour Mining, a multinational mining company, and Barrick Gold Corporation, a mining company, for $22m. “This is an important step for Montage, with the addition of Mankono, our consolidated land position at the Koné Gold Project will increase to over 2,250km2 in one of the most prolific gold belts in West Africa. Previous exploration at Mankono has identified a number of target areas and Montage intends to explore these targets aggressively with the objective of adding high grade satellite feed into the KGP,” Hugh Stuart, Montage CEO.