Gold IRA BlueprintForum
    Back to forum
    📰 Gold News

    Montage boosts Koné gold grade by 20% in Africa

    Key Takeaways
    • It brings the total M&I resources to 4.63 million ounces, which is huge.
    • I've been watching MAU for a bit, but haven't pulled the trigger yet.
    • With the gold price hovering around all-time highs, these kinds of increases in high-quality ounces really stand out to me.
    See what your 401(k) could look like in gold

    Hey everyone, just read this article about Montage Gold (MAU.V) increasing the grade at their Koné gold project by 20% and wanted to share it with you all: https://www.mining.com/montage-boosts-kone-gold-grade-by-20-in-africa/

    My first thought was, a 20% grade increase on a project already over 4.5 million ounces is pretty significant, especially in this gold environment! It brings the total M&I resources to 4.63 million ounces, which is huge. I've been watching MAU for a bit, but haven't pulled the trigger yet. With the gold price hovering around all-time highs, these kinds of increases in high-quality ounces really stand out to me. Lower grade deposits can still be profitable, but better grades usually mean better margins and less capital intensity in the long run. I'm always looking for ways to de-risk my portfolio, especially as I get closer to thinking seriously about retirement, and higher-grade projects often fit that bill.

    I'm curious to hear what you all think. Does this move the needle for you on Montage? Are you invested already, or is this making you take a closer look like me? What other gold juniors are on your radar with similar improvements?

    170
    19 comments

    12,000+ investors requested this guide last month

    Find out why retirees are moving savings into gold. Free kit, no obligation.

    560 people viewed this today73 members requested a free kit this week110 investors bookmarked this
    Best Answer▲ 18 upvotes
    D
    diane_bailey💰Established (100-250k)
    That's huge for Montage. I've been looking at some of the juniors with African exposure, always a bigger risk profile obviously, but a 20% bump in grade is the kind of news that can really separate a project from the pack. Might need to deep dive into this one a bit more.

    Comments (19)

    11
    donna_rogers🏆Advanced (250-500k)Real Investorabout 2 months ago

    This is interesting. I'm just getting started in the gold IRA space, and I've been looking at a few different miners to diversify beyond just physical bullion in my IRA. Does a 20% boost in grade for a specific miner typically translate into a noticeable bump in their stock price, or is it more of a long-term, steady growth factor? I'm trying to figure out which news events are significant for someone with a ~$350k portfolio in Lexington, KY.

    12
    richard_garcia👑Elite (1m-5m)Real Investorabout 2 months ago

    That’s good news for Montage, but a rising tide doesn't float all boats equally. When I was looking at diversifying my portfolio beyond just standard bullion and into some mining stocks for my Gold IRA, I realized how much I *didn't* know about risk profiles and sector-specific strategies. Honestly, the **Gold IRA Quiz** at https://quiz.goldirablueprint.com/?forum was a godsend. It helped me clarify what kind of investor I *actually* am and find strategies that aligned with my existing Houston-based real estate and tech investments. Might be worth a look if you're trying to figure out your own gold investing angle.

    12
    ruth_perez📊Growing (50-100k)about 2 months ago

    This is interesting. I've been eyeing some junior miners for a while, particularly ones in Africa. My last foray into that space a few years back with a silver play down in Mexico didn't quite pan out – got burned on some exploration news that turned out to be mostly hype. That's why I usually stick to physical gold in my IRA these days. But a 20% bump in grade is significant; makes me wonder if I should dig a bit deeper into Montage. Good to see some positive news from the field for once.

    9
    sandra_green📊Growing (50-100k)✓ Verifiedabout 2 months ago

    That's interesting news about Montage. Higher grades are always welcome, especially when you're looking at long-term stability for your retirement savings. My own gold IRA is primarily focused on physical precious metals, so I'm always keeping an eye on the supply side and major producers. Good grades like that can definitely impact market perception, even for those of us who did a 401k rollover years ago.

    16
    carol_carter💰Established (100-250k)Real Investorabout 2 months ago

    This is interesting news for sure, but it also reminds me of a period back in 2008-2009. The market was a mess, and everything felt like it was going to hell in a handbasket. I’d just started looking into ways to protect the little bit of retirement savings I had – maybe $70k at the time – after getting absolutely hammered in tech stocks. I remember reading all these articles, not too different from this one, about new discoveries or grade upgrades, and it just fueled this nagging doubt: was I buying into a bubble, or was this actual, fundamental value? Took me a good year of dithering before I finally pulled the trigger on converting about a third of it into physical gold for my IRA. Best decision I made. This news now, it's just further confirmation that there's always something new brewing in the gold sector.

    10
    timothy_reed💎Premium (500k-1m)Real Investorabout 2 months ago

    Good to see some positive news from the mining sector. Always take these early-stage 'boosts' with a grain of salt, though. I remember a few years back when a junior miner was crowing about a 30% jump in their drill assays in Nevada, only for the overall resource estimate to barely budge after a full pre-feasibility study. The market got ahead of itself, and those who bought in early got burned. Always look at the big picture: what's the all-in sustaining cost, and what's the geopolitical risk in that region?

    14
    matthew_murphy👑Elite (1m-5m)Real Investorabout 2 months ago

    Honestly, 20% isn't enough to make me jump. I remember back in '08 when everyone was hyping up those Peruvian mines with "guaranteed" grades, only to see them flatline a few years later. I've been burned enough to look for consistent high-grade, not just a one-off bump. Need to see more long-term drilling data and the actual all-in sustaining costs before I'd even consider a small position.

    0
    ronald_morris👑Elite (1m-5m)Real Investorabout 2 months ago

    @Carol Carter - I totally get that feeling. 2008 was a gut punch for so many, myself included. I was lucky I had some precious metals exposure even then, but it really solidified my long-term strategy for diversification. Speaking of long-term and planning, if you're like me and nearing that 70.5 mark, the RMD Calculator on Gold IRA Blueprint was super helpful for me strategizing my distributions. It’s at https://rmdcalculator.goldirablueprint.com/?forum. Might be worth a look if you're thinking about those things.

    16
    sharon_evans💰Established (100-250k)Real Investorabout 2 months ago

    @Ruth Perez, I hear ya on the junior miner front. My own experience with a couple of West African plays a few years back taught me a hard lesson: geopolitical risk is no joke. One of them got caught in a civil dispute that basically froze operations for a year. Another issue was dilution, they just kept issuing shares every time they needed cash. So while a 20% grade boost sounds great, I'd dig deep into their cash position and the stability of the region before throwing any serious money at it. That said, when they hit, they really hit. Just be ready for the rollercoaster.

    12
    michael_anderson🏆Advanced (250-500k)Real Investorabout 2 months ago

    That's some solid news for Montage, definitely keeps the spotlight on African gold projects. I usually stick to the more established players for my own Gold IRA, but these kinds of developments always make me re-evaluate. The Gold vs Stocks 10-year comparison on this site really puts things in perspective when I'm looking at potential shifts in my own portfolio, especially when weighing gold's stability against higher-risk, higher-reward plays like this.

    18
    diane_bailey💰Established (100-250k)Real Investorabout 2 months ago

    That's huge for Montage. I've been looking at some of the juniors with African exposure, always a bigger risk profile obviously, but a 20% bump in grade is the kind of news that can really separate a project from the pack. Might need to deep dive into this one a bit more.

    0
    frank_rivera💎Premium (500k-1m)Real Investorabout 2 months ago

    Interesting to see these grade increases. I'm just getting started in the gold IRA space myself, transitioning some funds from a traditional portfolio here in Honolulu, and I'm really trying to understand if news like this directly affects the physical gold prices for what I’d buy, or if it's more about the mining stock end of things. Would appreciate any insights on how to factor this kind of news into my allocation decisions.

    6
    david_brown💎Premium (500k-1m)Real Investorabout 2 months ago

    Interesting news out of Africa, but I've learned over the decades to take these "boosts" with a grain of salt. It often sounds better on paper than it translates to actual production and viable profit margins. I'll be watching the follow-up reports closely before considering any position.

    15
    daniel_wright💎Premium (500k-1m)Real Investor✓ Verifiedabout 1 month ago

    I rolled over about $80k last year. Honestly the hardest part was just picking which metals to hold. Still second-guessing myself.

    1
    james_wilson👑Elite (1m-5m)Real Investor✓ Verifiedabout 1 month ago

    Genuinely curious — has anyone here actually tried to liquidate from their gold IRA? How smooth was that process?

    2
    carol_carter💰Established (100-250k)Real Investorabout 1 month ago

    Ngl I came here expecting the usual affiliate spam but the discussions are actually decent. Way better info than what I was getting from my old advisor.

    2
    david_brown💎Premium (500k-1m)Real Investorabout 1 month ago

    Ngl I came here expecting the usual affiliate spam but the discussions are actually decent. Way better info than what I was getting from my old advisor.

    4
    laura_sanchez💰Established (100-250k)Real Investor✓ Verifiedabout 1 month ago

    Been looking into this myself — the fees on some of these custodians are wild. Anyone found one that doesn't gouge you?

    1
    jennifer_martinez💰Established (100-250k)Real Investor✓ Verifiedabout 1 month ago

    I was pretty skeptical about another gold IRA forum but the tools here on GIRAB actually surprised me — the calculator alone saved me hours of spreadsheet work.

    12,000+ investors requested this guide last month

    Find out why retirees are moving savings into gold. Free kit, no obligation.

    Related Discussions

    Industrial Demand for Silver - What's Everyone Thinking?

    ▲ 3195 comments

    Silver's Volatility - My Experience and Strategy

    ▲ 2997 comments

    Gold and inflation - what's everyone doing?

    ▲ 29511 comments

    Physical vs. Paper Gold - My Take After 20 Years

    ▲ 2958 comments

    So my wife convinced me on a Gold IRA... and I'm honestly impressed.

    ▲ 2927 comments

    Explore Other Topics

    🥇 Gold IRA

    Is Your "Safe" IRA Leaving You Exposed? The Gold Risk Myth DEBUNKED! 🔥

    🥇 Gold IRA

    Finally Got My Head Around Gold IRA Rollover Taxes! (Seriously, This Tool Rocks)

    🥈 Silver IRA

    **Seriously Helped Me Figure Out My Gold IRA Allocation!**

    🥇 Gold IRA

    🚨 **Gold IRA Fees: Myth or Monetary Massacre? Let's Talk Truth!** 🚨