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Bullboard - Stock Discussion Forum
Monarch Mining Corp
GBARF
Metals & Mining
Gold
Monarch Mining Corporation is a Canada-based is a gold mining company. The Company owns three projects, such as the Beaufor, McKenzie Break, and Swanson projects. It holds a 100% interest in the Beaufor Mine, which is on care and maintenance. The property consists of two mining leases, a mining concession and approximately 23 mining claims covering an area of 5.9 square kilometers (km2). The...
McKenzie Break property covers 7,848 hectares (78.5 km) and is located 20 kilometers north of the Beacon Mill and 10 kilometers (km) south of the town of Barraute, Quebec. The Swanson property consists of a mining lease plus a total of 129 claims covering an area of 5,211 ha. The property lies 65 km northeast of Val-d'Or and just 50 km north of Monarch's wholly owned 750 tpd Beacon mill. The Company owns 14,316 hectares of mining assets in the prolific Abitibi mining camp that hosts a combined measured and indicated gold resource of 478,982 ounces and a combined inferred resource of 383,393 ounces.
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Bullboard (GREY:GBARF)
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(1999)
•••
Betteryear2
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Post by
Betteryear2
on May 09, 2023 1:53pm
Monarch Continues to Expand Size of McKenzie Break
Monarch reports gold assays from 13 drill holes of its 2022 McKenzie Break drilling program. Hole MK-22-348 intersects an impressive 1.77 g/t Au over 31.0 m, including a higher grade section of
...more
(40)
•••
stockpunter
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Comment by
stockpunter
on May 09, 2023 1:23pm
RE:Gbar
I am accumulating also, on the assumption GBAR eventually re-opens the mine.. Exploration helps, but take a look at this: https://www.kitco.com/commentaries/2015-06-03/The-Real-Value-of-Gold-in
...more
IAMGOLD Announces US$300 Million Bought Deal Financing
posted May 22, 2024 9:00am by
IAMGOLD Corp
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|
The company intends to use the net proceeds of the Offering, including the net proceeds from the Over-Allotment Option should it be exercised, towards the repurchase of the 9.7% interest in the Côté Gold Mine from Sumitomo Metal Mining Co. Ltd., in order to return to its full 70% interest in the Côté Gold Mine. The net proceeds of the Offering are ...read more
(22)
•••
arh0070
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Post by
arh0070
on May 09, 2023 12:14pm
Gbar
Have been in and out of gbar for years .The current value is around 10 million canadian which is ridiculously cheap .the one hole reported today is probably worth more than the entire company .one
...more
(534)
•••
MrDales62
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Comment by
MrDales62
on May 09, 2023 9:08am
RE:New Press Release - Monarch Continues to Expand Size of McKenzie Break With Latest Drilling Results, Including 1.77 g/t Au Over 31.0 m (101.7 ft)
Not too bad. But, the high share count concerns me, no fan of consolidations. GLTA
(0)
•••
PressRelease
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Post by
PressRelease
on May 09, 2023 7:35am
New Press Release - Monarch Continues to Expand Size of McKenzie Break With Latest Drilling Results, Including 1.77 g/t Au Over 31.0 m (101.7 ft)
Monarch reports gold assays from 13 drill holes of its 2022 McKenzie Break drilling program.Hole MK-22-348 intersects an impressive 1.77 g/t Au over 31.0 m, including a higher grade section of 2.83 g/t Au over 15.6 m along the southeast limit of the current proposed pit shell.Notable broad zones...
read article.
(10)
•••
michelville9
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Comment by
michelville9
on Apr 27, 2023 12:07pm
RE:Don't know much about geology...
A honest explaination wiill be the good think to do. Now, many shareholders doubt about a lot of result about the Cie. Reverse the doubt is hard to do.Good result about last drilling will give a
...more
(40)
•••
stockpunter
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Post by
stockpunter
on Apr 26, 2023 2:29pm
Don't know much about geology...
7 months since they announced a shutdown of the mine and a review of operations. We still have no explanation for the discrepancies between ore grade and production results. I would think
...more
(10)
•••
michelville9
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Post by
michelville9
on Apr 24, 2023 10:12am
Actions de GBAR
Quelqu'un sait si les actions dtenues par Yamana dans GBAR sont maintenant dtenues par Pan Amricain Silver ou Agnico
(214)
•••
ggrellette
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Post by
ggrellette
on Apr 20, 2023 4:31pm
Just bought an entry position............
here today. I have been aware of this company for a couple of years and now it is at a level that many can build a substantial position. IMHO I believe this company is undervalued. The mine is on
...more
(10)
•••
michelville9
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Comment by
michelville9
on Apr 18, 2023 5:11pm
RE:sp moving up?
Il y a environ 1 an , Gbar valait 0.60 et s' allignait vers le 1.00 $. 50000 tonnes de minerai avait t extrait de Beaufort et devait contenir environ 5.5 gr par tonne d' or et tre trait
...more
(10)
•••
michelville9
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Post by
michelville9
on Apr 18, 2023 4:59pm
En attente
Bien hte de voir les rsultats d' analyse de Swanson et McKensie. Encore plus, quel sera la prochaine etape
(40)
•••
stockpunter
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Post by
stockpunter
on Apr 03, 2023 12:02pm
sp moving up?
possibly 1,000,000 oz, 15 million market cap? i.e. $15/oz? Priced like an exploration play, as if the mine has zero value. Anyone with a strong background got any ideas about
...more
(55)
•••
JasleenDhaka
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Post by
JasleenDhaka
on Mar 15, 2023 2:36pm
Monarch Mining Corporation was up 9.1% WoW
Monarch Mining Corporation is one of our top performers, it was up 9.1% WoW as of March 13, 2023. read this week's mining news: https://www.researchfrc.com/two-metals-could-benefit
...more
(29)
•••
loonietunes
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Post by
loonietunes
on Mar 15, 2023 8:33am
News out this morning
Monarch Provides Exploration Update on Its McKenzie Break and Swanson Projects
...more
(29)
•••
loonietunes
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Post by
loonietunes
on Mar 10, 2023 5:58pm
News out this afternoon
Keep the lights on money! Monarch Mining closes $999,997 1st tranche of financing 2023-03-10 14:42 ET - News Release Mr. Jean-Marc Lacoste reports MONARCH ANNOUNCES
...more
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