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StocksMedium•14 April 2026•

1 min read

Montage Gold Expands African Footprint with Five New Exploration Permits in Mauritania

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Key Facts

1Montage Gold secured five gold exploration permits covering approximately 2,103km2 in Mauritania.

Montage Gold Corp. has successfully secured five greenfield gold exploration permits in Mauritania, covering an expansive area of approximately 2,103km2. The permits were awarded following a competitive tender process and are strategically located on Birimian greenstone belts, which are highly prospective for orogenic gold deposits. This acquisition aligns with the company's broader strategy to evolve into a premier multi-asset African gold producer. CEO Martino De Ciccio highlighted that the new tenements target significant structural boundaries in northern Mauritania. The expansion significantly increases the exploration footprint for the TSX-listed company (MAU). While the long-term impact depends on future drilling results, this move strengthens the company's fundamental position in the regional mining sector.