MONTAGE GOLD CORP.

VANCOUVER, Canada, April 14, 2025 (GLOBE NEWSWIRE) -- April 14, 2025 — Montage Gold Corp. (“Montage” or the “Company”) (TSXV: MAU, OTCQX: MAUTF) is pleased to announce that it has exercised its participation right to maintain its equity interest in Sanu Gold Corporation (“Sanu”) (CSE:SANU; OTCQB:SNGCF) following Sanu's non-brokered private placement as announced on March 25, 2025 (the “Placement”).» Mehr auf globenewswire.com

Vancouver, British Columbia--(Newsfile Corp. - April 14, 2025) - Sanu Gold Corporation (CSE: SANU) (OTCQB: SNGCF) ("Sanu Gold" or the "Company") is pleased to announce the closing of its non-brokered private placement (the "Placement") previously announced on March 25, 2025. Under the Placement, the Company issued an aggregate 45,892,860 common shares (each, a "Common Share") at a price (or deemed price) of C$0.28 per Common Share.» Mehr auf newsfilecorp.com

HIGHLIGHTS: Over 81,000 meters were drilled in 2024, focused on identifying higher grade satellite targets, with the goal of supplementing production from the commencement of operations Results provide significant confidence in achieving the previously published short-term objective of discovering over 1Moz of M&I resources for satellites at a 50% higher grade compared to the Koné deposit Mineralisation was confirmed at all 18 targets drilled in 2024 out of the 52 exploration targets identified Starter maiden resources delineated for 7 new higher grade satellites, with grades ranging between 0.9 and 1.6 g/t Au, or between approximately 60% to 180% higher than the Koné deposit Efforts on the satellite deposits have added 160koz at 1.16 g/t Au and 270koz at 1.0 g/t Au of Indicated and Inferred Resources, respectively, with deposits remaining open as the focus was to delineate only a small portion of the orebodies to assess the grade profiles in order to prioritize 2025 drill efforts  6 other targets were progressed to pre-resource definition stage, which are currently being pursued given the high grade intercepts received (11.0m at 4.4 g/t Au and 15.0m at 2.17 g/t Au at Soman 1 & 2; 7.0m at 9.20 g/t Au at ANVIII) Koné deposit Indicated resource increased by 150koz to 4.49Moz at 0.57 g/t Au and Inferred Resource increased by 110koz to 0.51Moz at 0.43 g/t Au Koné project overall Indicated Resource grew by 340koz to 5.21Moz at 0.62 g/t Au and Inferred Resource grew by 380koz to 780koz at 0.54 g/t Au following the first drill campaign under the leadership of the new management team 90,000-meter drill programme was launched in early 2025 with the goal of continuing to delineate and test higher-grade satellites ABIDJAN, CÔTE D'IVOIRE, April 08, 2025 (GLOBE NEWSWIRE) -- Montage Gold Corp. (“Montage” or the “Company”) (TSXV: MAU, OTCQX: MAUTF) is pleased to announce that the results of its 2024 Koné project exploration programme, in Côte d'Ivoire, provide significant confidence in achieving its previously published short-term exploration target of discovering more than 1Moz of Measured and Indicated Resources, at a grade 50% higher than the Koné deposit, with the goal of further improving the production profile from the commencement of production in Q2-2027. A total of 81,815 meters were drilled in 2024, amounting to US$13 million, under the leadership of the new management team, with the goal of delineating resources at selected advanced targets, in addition to continuing to drill test and progress other targets.» Mehr auf globenewswire.com