Led by the former Red Back Mining team that sold out to Kinross Gold (KGC) in 2010 for US$7 billion, Montage Gold Corp. (Vancouver: MAU) is a bet on a successful management group’s next act, suggests notes Brien Lundin, a leading expert in the junior mining sector and editor of Gold Newsletter.

It’s also a bet on an exceptional deposit, a 1.538-million-ounce inferred resource on the Morondo gold project in Cote d’Ivoire. And here’s the deal: That resource is set to grow — perhaps coming close to doubling — in the near future.

Montage is well funded, to the tune of C$32 million in working capital, which the company is putting to good use right now. Five drill rigs are well along a 50,000-meter resource expansion drilling program, with a new inferred resource estimate due early this year.

That will be followed up by an initial preliminary economic assessment planned for the first quarter, an indicated resource estimate in the second quarter, and a feasibility study by the end of the year.

It’s a lightning-speed development plan that should see the company significantly revalued by the end of the year, possibly by a multiple if they hit all their goals.And this is a team that usually hits their goals.

With a significant resource update — one that could shock the market — due in the very near future, Montage Gold Corp. is a recommendation with both great potential and urgency.

My two top picks for 2020, Integra Resources (ITR.V) and Millrock Resources (MRO.V) finished the year up 63% and 29%, respectively. Not bad, but there could be much better returns ahead.

Integra continues to expand and develop its large DeLamar project in Idaho, where it has already outlined over four million ounces of gold with compelling economics. Look for the company to continue to make big news in 2021.

Millrock, on the other hand, had a disappointing year in some respects, despite its share-price gains from our recommended price. However, there’s much more drilling to come this year on 64North, and success could dramatically advance the company’s market value.

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