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Bullboard - Stock Discussion Forum Monarch Mining Corp GBARF

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... see more

GREY:GBARF - Post Discussion

Monarch Mining Corp > Why Monarch?
View:
Post by locomoco on Feb 04, 2021 7:18am

Why Monarch?

Why Monarch?

AT A GLANCE
 
STRONG PIPELINE OF
DEVELOPMENT AND EXPLORATION PROJECTS IN QUEBEC, A TOP-RATED MINING JURISDICTION
 
$14 MILLION IN CASH
 
OWNS 100% OF ALL ASSETS, INCLUDING THE 750 TPD BEACON MILL
 
ATTRACTIVE VALUATION VS PEERS
 
FULLY-INTEGRATED MINING COMPANY
 
§ Near-term restart potential of Beaufor Gold Mine:
 
- Fully-financed 42,500-metre UG and surface drilling program underway
- 750 tpd Beacon mill fully-permitted
- Production potential of 25,000 ounces per year
 
§ Beacon mill excess capacity available for custom milling
 
§ Resource base: 442k M&I and 79k oz Inferred
 
DEVELOPING KEY PROJECTS
§ New high-grade zones and strong potential for new discoveries at McKenzie Break:
- Fully-financed 14,500-metre drilling program underway
§ Croinor Gold is a fully permitted mine with an underexplored district scale land package
- Fully-financed 6,200-metre drilling program
underway
§ New resource calculation underway for
McKenzie Break property
 
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