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Monarca Minerals Inc ORAGF


Primary Symbol: V.MMN

Monarca Minerals Inc. is a Canada-based company, which is engaged in the process of exploring and evaluating its exploration and evaluation property interests in Mexico. The Company’s projects include Tejamen, San Lucas, and San Jose. The San Jose Property is located in Chihuahua, Mexico near the United States border, approximately 125 kilometers (km) west of El Paso, Texas and Juarez, Chihuahua, Mexico. The property is also located over 52 km northwest of the underground Bismark Mine operated by Grupo Penoles. The Tejamen is located 130 km northwest of Durango, the capital of the State of Durango, and consists of 23 mineral concessions covering approximately 1,685 hectares. The San Lucas Property is located 86 km north of the city of Durango and accessed via a paved highway, consists of approximately eight mineral concessions covering 79.6 hectares. The San Lucas project consists of a series of northeast trending mineralized shear zones in volcanic and sedimentary rocks.


TSXV:MMN - Post by User

Post by Bret74on Feb 27, 2019 6:44pm
40 Views
Post# 29420503

Monarca Minerals - my tenbagger favorit

Monarca Minerals - my tenbagger favorit When silver reaches $ 20, Tejamens Silver resource is worth $ 560 million. With deeper drillholes perhaps more silver can be detected.

Tejamen has only 500 inhabitants. Maybe they have already agreed. Everyone has their prize. I expect news in this quarter and I hope we got it this time. 

After the ok from the Ejido we can hope for JV partners. There are enough big players in Mexico that needs new properties... 

Monarca Minerals could also be a big player in some years. 
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