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Riley Permian Announces New Share Repurchase Program

Montage Gold's Koné land package grows by 381 km2 to 1,699 km2 with new permits; exploration at Wendé to begin early 2026 targeting key gold anomalies over 7 km2.

  • Dec. 16, 2025 — Montage Gold Corp. was granted the Gbatosso exploration permit and Wendé exploration permit by Côte d'Ivoire's Ministry of Mines, Finance, and Environment.
  • The permits expand Montage Gold's strategic pipeline by adding Wendé advanced greenfield exploration property and Gbatosso exploration permit along Lokolo and Yeré trends near the Koné processing plant.
  • Exploration at Wendé will begin in early 2026 with geochemical and geophysical surveys plus drilling, while historical workings at the Bobosso prospect show a 7km2 gold-in-soil anomaly with assays over 100ppb.
  • Construction at the Koné project is rapidly advancing, on-budget and on-schedule, with the 2024 Updated Feasibility Study estimating a 16-year mine life and +300koz annual production starting in Q2-2027.
  • Looking ahead, Montage plans to convert exploration gains into a multi-asset pipeline including Didievi and Wendé, with African Gold acquisition adding Didievi for near-term growth while Wendé offers organic potential.
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Journal Gazette & Times-CourierJournal Gazette & Times-Courier
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Riley Permian Announces New Share Repurchase Program

OKLAHOMA CITY, Dec. 16, 2025 /PRNewswire/ -- Riley Exploration Permian, Inc. (NYSE American: REPX) ("Riley Permian") today announced that the Board of Directors has authorized the initiation of a share repurchase program of up to $100 million of the currently…

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Muskoka Region broke the news in Muskoka Lakes, Canada on Tuesday, December 16, 2025.
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