Monarch Gold Corporation T.MQR

Metals & Mining Industrial Metals & Minerals

Monarch Gold Corp is a Canada-based exploration-stage company. It is engaged in the acquisition and exploration of gold mining properties. Its main activities are located in the province of Quebec, Canada. The corporation holds an interest in gold properties including the Beaufor Mine, Camflo Mill, Croinor Property, Beacon Mill, Wasamac, and McKenzie Break among others.

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Monarch Gold Corporation > Beaufor

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Post by locomocoon May 15, 2020 8:57am

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Post# 31032180

Beaufor

Drilling of Beaufor at the surface and deeper will show us the larger potential of this property.

https://monarquesgoldfiles.com/documents/files/Beaufor/MQR-Beaufor-Mine-Exploration-MAY-2020-EN.pdf

What's interesting is Beaufor is not as deep as the average underground mine and it sits on a high grade zone. Will be interesting to see the results coming in over next few months. Beaufor has produced 1M ounces of gold since 1930 and could still have a large resource sitting at depths beyond 900 metres.