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Montage Gold Enters Into Strategic Partnership with Sanu Gold for Highly Attractive Exploration Properties in Guinea

Dec 02, 2024•over 1 year ago

Contract Type

partnership

VancouverMining

Description

Montage Gold Corp. has announced a strategic partnership with Sanu Gold Corporation to acquire a 19.9% interest in Sanu, obtaining highly attractive exploration properties in Guinea. The partnership involves the issuance of 2.3 million basic shares of Montage equating to C$5.5 million.

Company Information

Company

Sanu Gold

Location

1030 West Georgia Street, Suite 918

Vancouver, Washington, United States

About

Sanu Gold Corp is a public company (CSE:SANU) and (OTCQB:SNGCF) operating within the Siguiri Basin, a world class gold district that is host to several operating mines and major new discoveries. Sanu Gold is exploring three high-quality gold exploration permits in Guinea, West Africa. The Company has defined multi-kilometer long gold-bearing structures on each of the gold exploration permits, with multiple high-value drill targets and is targeting multi-million-ounce gold discoveries. Sanu is operated by a highly experienced team, with successful records of discovery, resource development and mine permitting.

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Agreement Insights

Based on industry data
Strategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
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Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months

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