Montage Gold raises $26 million for Koné project in Africa
The project has total probable reserves of 11.3 million oxide tonnes grading 0.63 g/t gold, 7.9 million transition tonnes at 0.63 g/t gold, and 155.1 million fresh tonnes at 0.73 g/t gold.
Namesake project in the Antofagasta region now has measured and indicated oxide resources totalling 200 million tonnes grading 0.45% copper for 900,000 tonnes of metal.
Ramaco Resources, a pure play met coal miner with operations in West Virginia and Pennsylvania, has discovered new potential magnetic rare earth elements at its Brook mine.