TSX.V MAU
LAST $0.89 (0.10)
OTCQX MAUTF
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TSX.V MAU
LAST 0.89 (0.10)
OTCQX MAUTF
LAST 0.64 (0.08)

Leadership

Led by a team recognized for discovering, building, operating, and growing major gold deposits in West Africa.

Montage Gold's management team and Board of Directors is comprised of individuals with decades of experience in exploration and mine development. Led by key executives who drove the success of Red Back Mining, our team brings together some of the brightest minds in the industry.

Management

Martino De Ciccio
Chief Executive Officer

Martino De Ciccio

Chief Executive Officer

Martino De Ciccio has over 15 years of experience in the mining industry with a strong value creation track record and significant knowledge across strategy, capital markets, corporate finance, and ESG, coupled with a profound understanding of the African mining landscape.

Martino most recently served as Deputy CFO and Head of Investor Relations at Endeavour Mining (LSE: EDV, TSX: EDV), a position he assumed in January 2023. He joined Endeavour Mining in 2015 as Vice President, Strategy and Investor Relations. He played a pivotal role in Endeavour’s transformation from a $250 million market cap company to a FTSE100 listed company and one of the largest gold producers in the world. During this time, he garnered more than 25 investor relations achievement nominations, including numerous awards for best-in-class investor relations in the gold industry and across all sectors.

Prior to joining Endeavour, Martino played a key role in growing La Mancha Resources from a $20 million market cap which culminated in a $500 million take-private offer. As Strategy and Business Development Manager, he then helped lead the private company’s transformation from an emerging gold producer into one of the largest gold investment funds with cornerstone holdings in Evolution Mining and Endeavour, which was recognized with an Emerging Leader Award. Martino currently serves on the Board of Directors of Northisle Copper and Gold (NCX: TSXV) and Bluestone Resources (BSR: TSXV).

Martino earned a B.Com in Finance from McGill University in Montreal, Canada and is a CFA charterholder.

Hugh Stuart
President

Hugh Stuart

President

Mr. Stuart is the President and a Director of Montage. He is one of the founders of Montage and is a professional geologist with over 25 years of international experience in mineral exploration. During his career, Mr. Stuart has been instrumental in the grassroots discovery of three gold deposits and the significant growth of two pre-existing gold deposits in Africa. From 1994 to 2001, Mr. Stuart worked for Ashanti Goldfields Inc. and led the team responsible for the discovery of the multi-million ounce Geita gold deposit in Tanzania. The Geita gold deposit entered production in 2000 and is currently owned by Anglogold Ashanti and is one of its flagship mines today. In 2003, Mr. Stuart joined Red Back Mining and for 7 years he led the exploration teams responsible for significant growth in Mineral Resources at the Chirano gold deposit in Ghana and the Tasiast gold deposit in Mauritania, both of which are significant multi-million ounce gold deposits that are currently in production. While with Orca Gold, Mr. Stuart was responsible for the grassroots discovery of the multi-million ounce Block 14 Gold Project located in Sudan and the Koné deposit at the Koné Gold Project.

Peder Olsen
Chief Development Officer

Peder Olsen

Chief Development Officer

Peder Olsen has over 15 years of experience in project development, operational, technical services and executive roles within the mining sector. He has a demonstrated track record in advancing large-scale projects from the initial study stage to the successful completion of construction, particularly in West Africa. 

Peder has played a key leadership role in building the following projects on time and on budget: Endeavour’s Houndé mine in Burkina Faso during 2016-2017, Endeavour’s Ity mine in Côte d’Ivoire during 2017-2019, Adamus' Agbaou mine in Côte d’Ivoire during 2012-2013 and Adamus' Nzema mine in Ghana during 2009-2010. In addition, as Director of Projects for Papillion Resources, he played a pivotal role which culminated in the $620 million sale of the Fekola mine to B2Gold in 2014.

Since 2021, Peder has served as the Founder and Managing Director at Orange Mining, a global mining consultancy firm with a strong African presence, which specializes in offering owners project management, study and construction services, and commercial support including tendering services, project and equipment finance.

Between 2018 and 2019, Peder held the position of Director for Africa and Europe at Ibaera Capital, a Perth, Australia-based private equity fund. Prior to this, from 2015 to 2019, he held various roles with Endeavour Mining, including Senior Vice President – Projects, Mining & Technical Services. From 2008 to 2014, Peder held various Project Director and Engineering roles at Papillon Resources, Ampella Mining, Adamus Resources, and NS Projects.

Peder holds a Bachelor of Applied Science in Construction Management & Economics from Curtin University in Perth, Australia.

Adam Spencer
Executive Vice President,
Corporate Development

Adam Spencer

Executive Vice President,
Corporate Development

Mr. Spencer is the Executive Vice President, Corporate Development of Montage and brings over 15 years experience in all aspects of mining capital markets. Mr. Spencer is a former Senior Vice President of Corporate Development at Sandstorm Gold Royalties, a position he held until November 2020. Prior to Sandstorm, Mr. Spencer was a Director of Investment Banking at Cormark Securities Inc. Mr. Spencer has extensive experience in capital raising, advisory, complex structuring and corporate development. Mr. Spencer also serves as a Director of Reefton Goldfields Ltd., a private mineral exploration company with properties in New Zealand.

Kevin Ross
Chief Operating Officer

Kevin Ross

Chief Operating Officer

Mr. Ross has 40 years of experience leading mining operations in Africa, Australia, North and South America, and Europe—Mr. Ross (Eur Ing, MBA, MIMMM) contributes a wealth of knowledge and technical expertise to Montage. Mr. Ross has served as COO of Orca Gold Inc. where he was responsible for the Feasibility Study and planning for development of the Block 14 Gold Project. He was the former COO of Red Back Mining Inc., where he led its operations and directed the development of the Akwaaba Deeps underground mine, the Chirano plant expansion and the Tasiast plant compliance and expansion. Mr. Ross served as the COO of Sirocco Mining Inc., New Gold Inc., Invernia Inc., and was the former CEO of ARCON international. Mr. Ross also serves on the Board of Directors of Great Panther Mining Limited.

Glenn Kondo
Chief Financial Officer

Glenn Kondo

Chief Financial Officer

Mr. Kondo is the Chief Financial Officer and Corporate Secretary of Montage and is the Chief Financial Officer of Orca. He is a highly qualified finance professional with extensive senior executive and corporate board experience in the mining industry, most recently as Chief Financial Officer with Lucara Diamond Corporation, owner of the Karowe mine in Botswana, one of the world’s most successful and profitable diamond mines. Prior to Lucara, Mr. Kondo held senior executive roles with Anglo American where he has been responsible for delivering significant commercial growth internationally by leading mergers and acquisitions, raising capital finance and achieving business transformation through operational performance and project management. Mr. Kondo is a Chartered Accountant (CPA, CA) and holds a Bachelor of Commerce degree from the University of Toronto.

Mike Robinson
Country Manager, Côte d’Ivoire

Mike Robinson

Country Manager, Côte d’Ivoire

Before commencing with Montage Gold Corporation in November 2023, Mike was Country Manager with Red Back Mining in Mauritania where he oversaw the development and expansion of the Tasiast Project from the initial buyout from Rio Narcea until the eventual sale to Kinross Gold Corporation. Prior to this, Mike was the Engineering Manager for Red Back Mining at their Chirano Gold Mine in Ghana where he was responsible for the commissioning and ongoing development of the Chirano Project. Over his career, which has spanned over 40 years, Mike has played a key part in the development and success of three Projects and upgrades designed and built by Lycopodium in Ghana, Tanzania, and Mauritania.

Joseph Tano
General Manager, Abidjan

Joseph Tano

General Manager, Abidjan

Joseph Tano is the General Manger of Montage Gold in Côte d’Ivoire. He joined Montage Gold since 2019 as managing director of all the Montage subsidiaries in Côte d’Ivoire. He has over 19 years of experience in accounting and administration of exploration and mining companies in Côte d’Ivoire.

Prior to joining Montage Gold, Joseph held several senior management positions including  Finance manager of Newmont in Côte d’Ivoire (2010–2013), West Africa Administrative and Finance Manager of Energold Group, Consultant in Human Resources Management of China Harbour Engineering Company (CHEC) in Côte d'Ivoire for their project of extension of the Autonomous Port of Abidjan and managing partner of the firm Business Support Services, assisting mining companies in administration, finance, tax, HR and logistics in Côte d’Ivoire.

Board of Directors

Peter Mitchell
Non-Executive Chairman

Peter Mitchell

Non-Executive Chairman

Mr. Mitchell is a Chartered Accountant (CPA-CA) with over 35 years of senior financial management experience in both public and private equity sponsored companies. Most recently, he was Senior Vice President and Chief Financial Officer of Coeur Mining, Inc., a precious metals producer operating mines throughout North America. Peter joined Coeur in 2013 and was responsible for investor relations, financial planning and analysis, financial reporting, information technology, tax and compliance, in addition to serving as a key team member on the Company’s acquisition and divestiture team as well as leading all capital markets activity in multiple equity and debt financings.

He is currently a member of the Board of Directors of Taseko Mines Ltd., Stabilis Energy Inc. and Northcliff Resources Ltd. He earned a BA in Economics from Western University and an MBA in Finance from the University of British Columbia.

Ron Hochstein
Independent Director

Ron Hochstein

Independent Director

Mr. Hochstein is currently the President and Chief Executive Officer of Lundin Gold, which owns and operates the high-grade, multi-million-ounce, Fruta del Norte (“FDN”) gold mine in southeast Ecuador. Under Mr. Hochstein's leadership, Lundin Gold acquired FDN in late 2014, completed a feasibility study, signed several agreements with the Ecuadorian Government, financed, and then constructed the mine and infrastructure on time and on budget – achieving first gold production in November 2019. Prior to his position at Lundin Gold, he served as Executive Chairman, and President and Chief Executive Officer of Denison Mines Corp. from 2009 to 2015. Mr. Hochstein is a Professional Engineer and holds an MBA from the University of British Columbia and a B.Sc. from the University of Alberta. Mr. Hochstein continues to serve as a director of both Denison and Lundin Gold.

David Field
Independent Director

David Field

Independent Director

David Field, BEc (H) / BSc ANU Australia, has had 25 years’ participation in the capital markets and a wealth of experience in evaluating, investing and financing mining projects globally. Mr. Field spent 10 years at Australia’s largest retail fund manager, Bankers Trust Financial Group, as head of their Global Basic Materials Group before joining Carmignac Gestion, the largest boutique fund manager in continental Europe. While at Carmignac Gestion, Mr. Field ran a US$ 2 billion mining fund and invested more than US$ 10 billion of the firm’s funds under management in the commodities sector globally before his departure in late 2014. Mr. Field is currently a director of Orca Gold.

Alessandro Bitelli
Independent Director

Alessandro Bitelli

Independent Director

Alessandro is a Chartered Professional Accountant of British Columbia with over 30 years of experience in the resource industry and finance, having worked both in North America and Europe. A member of the senior management team at the Lundin Group of Companies since 2007, he joined Lundin Gold in 2016 and was previously CFO of Orca Gold Inc. Prior to that, Alessandro served as CFO for Red Back Mining Inc., a gold mining company with two African operations that was acquired by Kinross for $9.2 billion in 2010. He is also a director of Filo Mining Corp and Group Eleven Resources Inc.

Aleksandra Bukacheva
Independent Director

Aleksandra Bukacheva

Independent Director

Ms. Bukacheva is a capital markets and finance professional focused on the metals and mining industry. Ms. Bukacheva is currently a member of the Board of Directors of Probe Metals Inc. and was an independent director at Battle North Gold Corporation prior to its acquisition by Evolution Mining Limited earlier this year. Ms. Bukacheva was Executive Vice President, Corporate Development of Element 29 Resources Inc., a junior explorer focused on copper resource development in Peru from September 2018 until November 2020. She was also a director of Gippsland Prospecting Pty. Ltd., a private Australian company, which was sold to Battery Minerals Limited in October 2020. Ms. Bukacheva brings with her a wealth of capital markets and finance experience. Ms. Bukacheva was previously a top-ranked Equity Research Analyst for BMO Capital Markets and spent seven years in investment research (2010–2016) with coverage of more than 40 mining companies. Ms. Bukacheva received her Master of Science (MSc.) at the London School of Economics and Political Science in 2005. She also achieved a Certificate in Mining Studies at the University of British Columbia in 2016 and holds a Chartered Financial Analyst designation.

Anu Dhir
Independent Director

Anu Dhir

Independent Director

Ms. Dhir is co-founder of Wshingwell, a for-profit community relationship platform that allows individuals, communities and organizations to micro-fundraise around experiences and events. Prior to starting Wshingwell, Ms. Dhir spent 20 years in the resources sector; most recently, as a co-founder and executive of ZinQ Mining, a private base and precious metals company that focuses on the Latin American Region. Prior to ZinQ Mining, Ms. Dhir was Vice President, Corporate Development and Corporate Secretary at Katanga Mining Limited. Ms. Dhir currently serves as a non-executive director on the Boards of Taseko Mines Limited and Lomiko Metals Inc. Ms. Dhir is a graduate of the General Management Program (GMP) at Harvard Business School and has a law degree (Juris Doctor) from Quinnipiac University and a Bachelor of Arts (BA) from the University of Toronto.

Richard P. Clark
Non-Independent Director

Richard P. Clark

Non-Independent Director

Mr. Clark has a long and highly successful track record in the mining industry including Red Back Mining Inc. where as President and CEO he led Red Back to become an intermediate gold producer. Mr. Clark successfully guided Red Back through all facets of growth including discovery, feasibility, financing and production coupled with successful corporate acquisitions culminating in the sale of Red Back to Kinross Gold Corporation in late 2010 for US$7.1 billion. In addition to his success at Red Back, Mr. Clark has been instrumental in the discovery and feasibility of the Block 14 Gold Project in Sudan through Orca Gold, which was acquired by Perseus Mining in 2022, where Mr. Clark is a Special Advisor to the Board. In addition to Orca Gold, Mr. Clark is also a director of MAG Silver Corp. Mr. Clark has a geological background and was formerly a lawyer and is a CGIC / ICSA Accredited Director.

Hugh Stuart
Non-Independent Director

Hugh Stuart

Non-Independent Director

Mr. Stuart is the President and a Director of Montage. He is one of the founders of Montage and is a professional geologist with over 25 years of international experience in mineral exploration. During his career, Mr. Stuart has been instrumental in the grassroots discovery of three gold deposits and the significant growth of two pre-existing gold deposits in Africa. From 1994 to 2001, Mr. Stuart worked for Ashanti Goldfields Inc. and led the team responsible for the discovery of the multi-million ounce Geita gold deposit in Tanzania. The Geita gold deposit entered production in 2000 and is currently owned by Anglogold Ashanti and is one of its flagship mines today. In 2003, Mr. Stuart joined Red Back Mining and for 7 years he led the exploration teams responsible for significant growth in Mineral Resources at the Chirano gold deposit in Ghana and the Tasiast gold deposit in Mauritania, both of which are significant multi-million ounce gold deposits that are currently in production. While with Orca Gold, Mr. Stuart was responsible for the grassroots discovery of the multi-million ounce Block 14 Gold Project located in Sudan and the Koné deposit at the Koné Gold Project.