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Monarch Gold Corporation T.MQR

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.


TSX:MQR - Post by User

Comment by locomocoon Jul 29, 2020 7:03pm
155 Views
Post# 31340570

RE:Monarch Gold Provides Update on Wasamac Gold Project,

RE:Monarch Gold Provides Update on Wasamac Gold Project, Great interview. Jean-Marc Lacoste, CEO of Monarch mentioned all projects are advanced stage with at least 100K ounce resources each. Croinoir is over 200K ounces and only 3% of the property has been explored. Major miners invested into Monarch, like Yamana, Alamos and Agnico must be watching Monarch closely especially Yamana with having a seat on Monarch board. Would not be surprised Monarch gets taken over when gold hits $3000. Wasamac is 2.6M ounces and open in all directions meaning potential for increase in resource. IMO, Croinor can potentially be a multimillion ounce resource as well.
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