Montage Successfully Upgrades Mineral Resources at Gbongogo Main; Total Indicated Mineral Resources at Koné Gold Project Approach 5 Million Ounces

VANCOUVER, BC, Sept. 7, 2023 /PRNewswire/ – Montage Gold Corp. (“Montage” or the “Company”) (TSXV: MAU) (OTCQX: MAUTF) is pleased to report an updated Mineral Resource Estimate (“MRE”) for the Company’s Koné Gold Project (“KGP”) in Côte d’Ivoire. The update represents the first Indicated Mineral Resource at Gbongogo Main of 12.0Mt grading 1.45g/t for 559koz (at a 0.50g/t cut-off grade, the “September 2023 Gbongogo Main MRE”). The Company is also pleased to update its shareholders on initiatives to progress the KGP towards a development decision in early 2024.

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