Mr. Ron Hochstein reports

MONTAGE GOLD ANNOUNCES APPOINTMENT OF JEREMY LANGFORD TO THE BOARD OF DIRECTORS

Montage Gold Corp. has appointed Jeremy Langford to the company's board of directors, effective July 7, 2025.

Mr. Langford is a highly experienced mining executive with a proven record of successfully designing, building, commissioning and operating large-scale gold mining projects globally. His expertise will be instrumental as Montage continues the development of its Kone project, which remains on budget and well on schedule for first gold pour in Q2 (second quarter) 2027.

Ron Hochstein, chair of Montage Gold, commented: "We are very pleased to welcome Jeremy Langford to the board of directors. His extensive experience in the development of large-scale gold mining projects, particularly in West Africa, will be extremely valuable as we continue to advance the Kone project towards first production. Jeremy's proven track record in construction and operational excellence strengthens our capacity to execute on our strategy of creating a premier African gold producer and delivering value for all our stakeholders."

Mr. Langford also commented on his appointment: "I am pleased to be joining the board of Montage at such an exciting time as the construction of the Kone project, which ranks as one of the largest builds globally, is progressing at a rapid pace. Having worked extensively in West Africa, I look forward to contributing my experience to support management in executing the company's strategy of creating a premier African gold producer."

Following this announcement, Montage's board will comprise seven members, including Mr. Hochstein (chair), Alessandro Bitelli (independent director), Anu Dhir (independent director), David Field (independent director), Richard Clark (non-independent director), Martino De Ciccio (chief executive officer and non-independent director), as well as Mr. Langford (independent director).

Mr. Langford has an extensive record internationally in successfully designing, building, commissioning and operating large gold mining operations, continually delivering success for more than 20 years. He is currently president of Artemis Gold Inc., where he successfully led the development of the Blackwater mine to first gold pour in Q1 (first quarter) 2025. Previously, he was chief operating officer of Centamin PLC, and prior to that COO and executive vice-president of construction and technical services with Endeavour Mining Corp., at which time he had the responsibility of advancing Endeavour's multiple development assets and optimization of the company's operating assets. During his time with Endeavour, he led the successful development and ramp-up of the Agbaou and Ity mines in Ivory Coast, as well as the Hounde and Nzema gold projects in Burkina Faso and Ghana, respectively. He has further led the implementation and integration of a number of owner mining operations in Africa, Europe and North America.

Mr. Langford began his career as an engineer with the Royal Australian Navy. He holds an honours degree in mechanical engineering, and is a fellow of both the Australian Institute of Mining and Metallurgy (FAusIMM) and the Institution of Engineers Australia (FIEAust).

About Montage Gold Corp.

Montage is a Canadian-listed company focused on becoming a premier multiasset African gold producer, with its flagship Kone project, located in Ivory Coast, at the forefront. Based on the updated feasibility study (UFS) published in 2024, the Kone project has an estimated 16-year mine life and sizable annual production of 300,000-plus ounces of gold over the first eight years, and is expected to enter production in Q2 2027.

Qualified person statement

The scientific and technical contents of this news release have been verified and approved by Peder Olsen, a qualified person pursuant to National Instrument 43-101. Mr. Olsen, president and chief development officer of Montage, is a registered fellow of the Australasian Institute of Mining and Metallurgy (AusIMM).

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